NUVEEN ELECT TAX-FREE INC 3
NXR
NXR was delisted on the 3rd of December, 2021.
37 hedge funds and large institutions have $29.4M invested in NUVEEN ELECT TAX-FREE INC 3 in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 3 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
0.66% more ownership
Funds ownership: 13.96% → 14.63% (+0.66%)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0% less capital invested
Capital invested by funds: $29.5M → $29.4M (-$124K)
3% less funds holding
Funds holding: 38 → 37 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.09M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$630K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$296K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$199K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
-$844K |
| 2 |
RVPG
Relative Value Partners Group
|
-$170K |
| 3 |
Morgan Stanley
New York
|
-$131K |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$47K |
| 5 |
LPL Financial
San Diego,
California
|
-$23.5K |
NXR Hedge Fund Activity: Q1 2020 in Review
37 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in NUVEEN ELECT TAX-FREE INC 3 (NXR) for Q1 2020, worth a combined $29.4M — down 0.42% from $29.5M a quarter earlier.
Fund positioning in NXR was balanced in Q1 2020: 3 funds opened new positions, 3 closed out, 13 added to existing stakes and 6 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $1.09M. The largest seller was Wakefield Asset Management, exiting entirely with an estimated $844K sold.
- 37 institutional investors held NUVEEN ELECT TAX-FREE INC 3 (NXR) as of Q1 2020, down from 38 in Q4 2019.
- Funds reported $29.4M of NUVEEN ELECT TAX-FREE INC 3 stock for Q1 2020, down 0.42% quarter-over-quarter.
- 3 funds opened new NUVEEN ELECT TAX-FREE INC 3 positions in Q1 2020 and 3 closed out, a net change of 0 holders.
- The largest NUVEEN ELECT TAX-FREE INC 3 buyer in Q1 2020 was 1607 Capital Partners, an estimated $1.09M added.
- The largest NUVEEN ELECT TAX-FREE INC 3 seller in Q1 2020 was Wakefield Asset Management, an estimated $844K sold.
Based on aggregated 13F filings for Q1 2020.