Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
DIAX was delisted on the 27th of March, 2026.
122 hedge funds and large institutions have $190M invested in Nuveen Dow 30SM Dynamic Overwrite Fund in 2025 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 36 increasing their positions, 43 reducing their positions, and 7 closing their positions.
200% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 7
12% more funds holding
Funds holding: 109 → 122 (+13)
6% more capital invested
Capital invested by funds: $178M → $190M (+$11.5M)
1.28% more ownership
Funds ownership: 32.92% → 34.21% (+1.3%)
16% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$8.41M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.7M |
| 3 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$1.46M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.13M |
| 5 |
ACM
Altium Capital Management
New York
|
+$907K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.8M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.87M |
| 3 |
Morgan Stanley
New York
|
-$1.41M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.04M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$853K |
DIAX Hedge Fund Activity: Q4 2025 in Review
122 of the 8,252 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX) for Q4 2025, worth a combined $190M — up 6.5% from $178M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new DIAX positions and 7 closed out — a net gain of 14 holders — while 36 added to existing stakes and 43 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $8.41M. The largest seller was Cornerstone Advisors, cutting an estimated $2.8M.
- 122 institutional investors held Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX) as of Q4 2025, up from 109 in Q3 2025.
- Funds reported $190M of Nuveen Dow 30SM Dynamic Overwrite Fund stock for Q4 2025, up 6.5% quarter-over-quarter.
- 21 funds opened new Nuveen Dow 30SM Dynamic Overwrite Fund positions in Q4 2025 and 7 closed out, a net change of +14 holders.
- The largest Nuveen Dow 30SM Dynamic Overwrite Fund buyer in Q4 2025 was Saba Capital Management, an estimated $8.41M added.
- The largest Nuveen Dow 30SM Dynamic Overwrite Fund seller in Q4 2025 was Cornerstone Advisors, an estimated $2.8M sold.
Based on aggregated 13F filings for Q4 2025.