NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
35 hedge funds and large institutions have $29.3M invested in NUVEEN ELECT TAX-FREE INC 3 in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 2 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
3% less funds holding
Funds holding: 36 → 35 (-1)
9% less capital invested
Capital invested by funds: $32M → $29.3M (-$2.73M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$751K |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$315K |
| 3 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$134K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$45K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$26.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$719K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$323K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$217K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$68.1K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$66.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JCM
26
Jacobi Capital Management
Pittston,
Pennsylvania
| $61K | +$269 | +15 | +0.4% |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $52K | – | – | – |
|
|
WAM
28
Wolverine Asset Management
Chicago,
Illinois
| $43K | +$45K | +2,509 | New |
|
|
CFB
29
Cullen/Frost Bankers
San Antonio,
Texas
| $28K | – | – | – |
|
30
Koshinski Asset Management
Decatur,
Illinois
| $24.1K | +$25.1K | +1,400 | New |
|
|
AA
31
Ancora Advisors
Cleveland,
Ohio
| $17K | -$217K | -12,110 | -92% |
|
|
TIM
32
Tortoise Investment Management
White Plains,
New York
| $15K | -$68.1K | -3,800 | -81% |
|
|
BFEC
33
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $12K | – | – | – |
|
|
SA
34
SRH Advisors
Salina,
Kansas
| $9K | – | – | – |
|
|
MPWT
35
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$37K | -2,006 | Closed |
|
|
ASN
36
Advisory Services Network
Atlanta,
Georgia
| – | -$37K | -2,000 | Closed |
|
NXR Hedge Fund Activity: Q3 2021 in Review
35 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q3 2021, worth a combined $29.3M — down 8.5% from $32M a quarter earlier.
Fund positioning in NXR was balanced in Q3 2021: 2 funds opened new positions, 2 closed out, 10 added to existing stakes and 9 trimmed.
The largest buyer was Bank of America, adding an estimated $751K. The largest seller was Wells Fargo, cutting an estimated $719K.
- 35 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q3 2021, down from 36 in Q2 2021.
- Funds reported $29.3M of NUVEEN ELECT TAX-FREE INC 3 stock for Q3 2021, down 8.5% quarter-over-quarter.
- 2 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q3 2021 and 2 closed out, a net change of 0 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q3 2021 was Bank of America, an estimated $751K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q3 2021 was Wells Fargo, an estimated $719K sold.
Based on aggregated 13F filings for Q3 2021.