NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
40 hedge funds and large institutions have $30.1M invested in NUVEEN ELECT TAX-FREE INC 3 in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
21% more funds holding
Funds holding: 33 → 40 (+7)
19% more capital invested
Capital invested by funds: $25.4M → $30.1M (+$4.73M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.38M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$434K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$396K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$277K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$748K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$75.4K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$44.1K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$42.8K |
| 5 |
LPL Financial
San Diego,
California
|
-$35.9K |
NXR Hedge Fund Activity: Q1 2019 in Review
40 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q1 2019, worth a combined $30.1M — up 19% from $25.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NXR positions and 1 closed out — a net gain of 7 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $2.38M. The largest seller was Morgan Stanley, cutting an estimated $748K.
- 40 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q1 2019, up from 33 in Q4 2018.
- Funds reported $30.1M of NUVEEN ELECT TAX-FREE INC 3 stock for Q1 2019, up 19% quarter-over-quarter.
- 8 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q1 2019 and 1 closed out, a net change of +7 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q1 2019 was 1607 Capital Partners, an estimated $2.38M added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q1 2019 was Morgan Stanley, an estimated $748K sold.
Based on aggregated 13F filings for Q1 2019.