NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
33 hedge funds and large institutions have $25.4M invested in NUVEEN ELECT TAX-FREE INC 3 in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 7 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
13% more capital invested
Capital invested by funds: $22.4M → $25.4M (+$3.02M)
6% less funds holding
Funds holding: 35 → 33 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.35M |
| 2 |
RVPG
Relative Value Partners Group
|
+$806K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$534K |
| 4 |
LPL Financial
San Diego,
California
|
+$215K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$282K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$271K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$264K |
| 4 |
Millennium Management
New York
|
-$199K |
| 5 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$194K |
NXR Hedge Fund Activity: Q4 2018 in Review
33 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q4 2018, worth a combined $25.4M — up 13% from $22.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NXR and 5 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was 1607 Capital Partners, adding an estimated $2.35M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $282K sold.
- 33 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q4 2018, down from 35 in Q3 2018.
- Funds reported $25.4M of NUVEEN ELECT TAX-FREE INC 3 stock for Q4 2018, up 13% quarter-over-quarter.
- 5 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q4 2018 and 7 closed out, a net change of -2 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q4 2018 was 1607 Capital Partners, an estimated $2.35M added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q4 2018 was Raymond James Financial Services Advisors, an estimated $282K sold.
Based on aggregated 13F filings for Q4 2018.