Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
DIAX was delisted on the 27th of March, 2026.
82 hedge funds and large institutions have $131M invested in Nuveen Dow 30SM Dynamic Overwrite Fund in 2023 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 25 reducing their positions, and 14 closing their positions.
1.75% more ownership
Funds ownership: 23.69% → 25.44% (+1.7%)
8% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 25
4% more capital invested
Capital invested by funds: $126M → $131M (+$4.98M)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
1% less funds holding
Funds holding: 83 → 82 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.36M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.82M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$2.71M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.42M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$5.69M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.06M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1M |
| 4 |
Morgan Stanley
New York
|
-$816K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$446K |
DIAX Hedge Fund Activity: Q2 2023 in Review
82 of the 6,372 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX) for Q2 2023, worth a combined $131M — up 4% from $126M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of DIAX and 13 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 27 added.
The largest buyer was Bank of America, adding an estimated $3.36M. The largest seller was MML Investors Services, cutting an estimated $5.69M.
- 82 institutional investors held Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX) as of Q2 2023, down from 83 in Q1 2023.
- Funds reported $131M of Nuveen Dow 30SM Dynamic Overwrite Fund stock for Q2 2023, up 4% quarter-over-quarter.
- 13 funds opened new Nuveen Dow 30SM Dynamic Overwrite Fund positions in Q2 2023 and 14 closed out, a net change of -1 holder.
- The largest Nuveen Dow 30SM Dynamic Overwrite Fund buyer in Q2 2023 was Bank of America, an estimated $3.36M added.
- The largest Nuveen Dow 30SM Dynamic Overwrite Fund seller in Q2 2023 was MML Investors Services, an estimated $5.69M sold.
Based on aggregated 13F filings for Q2 2023.