NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
26 hedge funds and large institutions have $15.1M invested in NUVEEN ELECT TAX-FREE INC 3 in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 25 → 26 (+1)
0.15% less ownership
Funds ownership: 7.62% → 7.47% (-0.15%)
4% less capital invested
Capital invested by funds: $15.8M → $15.1M (-$708K)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$244K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$188K |
| 3 |
VanEck Associates
New York
|
+$71.3K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$59.5K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$51.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$251K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$193K |
| 3 |
LPL Financial
San Diego,
California
|
-$161K |
| 4 |
Morgan Stanley
New York
|
-$149K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$64.2K |
NXR Hedge Fund Activity: Q3 2016 in Review
26 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q3 2016, worth a combined $15.1M — down 4.5% from $15.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new NXR positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Tortoise Investment Management, adding an estimated $244K. The largest seller was UBS Group, cutting an estimated $251K.
- 26 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q3 2016, up from 25 in Q2 2016.
- Funds reported $15.1M of NUVEEN ELECT TAX-FREE INC 3 stock for Q3 2016, down 4.5% quarter-over-quarter.
- 3 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q3 2016 and 2 closed out, a net change of +1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q3 2016 was Tortoise Investment Management, an estimated $244K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q3 2016 was UBS Group, an estimated $251K sold.
Based on aggregated 13F filings for Q3 2016.