NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
38 hedge funds and large institutions have $30.7M invested in NUVEEN ELECT TAX-FREE INC 3 in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 3 closing their positions.
2% more capital invested
Capital invested by funds: $30.1M → $30.7M (+$541K)
5% less funds holding
Funds holding: 40 → 38 (-2)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
+$713K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$538K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$347K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$295K |
| 5 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$926K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$552K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$399K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$337K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$228K |
NXR Hedge Fund Activity: Q2 2019 in Review
38 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q2 2019, worth a combined $30.7M — up 1.8% from $30.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NXR and 2 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 10 added.
The largest buyer was Wakefield Asset Management, opening a new position worth an estimated $713K. The largest seller was Morgan Stanley, cutting an estimated $926K.
- 38 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q2 2019, down from 40 in Q1 2019.
- Funds reported $30.7M of NUVEEN ELECT TAX-FREE INC 3 stock for Q2 2019, up 1.8% quarter-over-quarter.
- 2 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q2 2019 and 3 closed out, a net change of -1 holder.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q2 2019 was Wakefield Asset Management, an estimated $713K added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q2 2019 was Morgan Stanley, an estimated $926K sold.
Based on aggregated 13F filings for Q2 2019.