Nuveen Dow 30SM Dynamic Overwrite Fund
DIAX
DIAX was delisted on the 27th of March, 2026.
104 hedge funds and large institutions have $170M invested in Nuveen Dow 30SM Dynamic Overwrite Fund in 2025 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 39 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
4% more funds holding
Funds holding: 100 → 104 (+4)
1.51% more ownership
Funds ownership: 31.03% → 32.54% (+1.5%)
4% more capital invested
Capital invested by funds: $163M → $170M (+$6.35M)
33% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.86M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$4.75M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.64M |
| 4 |
PAS
Park Avenue Securities
New York
|
+$1.19M |
| 5 |
LPL Financial
San Diego,
California
|
+$790K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.37M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2M |
| 3 |
Morgan Stanley
New York
|
-$812K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$712K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$676K |
DIAX Hedge Fund Activity: Q2 2025 in Review
104 of the 7,604 institutional investors tracked by Wall St. Rank reported a position in Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX) for Q2 2025, worth a combined $170M — up 3.9% from $163M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new DIAX positions and 6 closed out — a net gain of 5 holders — while 26 added to existing stakes and 39 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $5.86M. The largest seller was Bank of America, cutting an estimated $2.37M.
- 104 institutional investors held Nuveen Dow 30SM Dynamic Overwrite Fund (DIAX) as of Q2 2025, up from 100 in Q1 2025.
- Funds reported $170M of Nuveen Dow 30SM Dynamic Overwrite Fund stock for Q2 2025, up 3.9% quarter-over-quarter.
- 11 funds opened new Nuveen Dow 30SM Dynamic Overwrite Fund positions in Q2 2025 and 6 closed out, a net change of +5 holders.
- The largest Nuveen Dow 30SM Dynamic Overwrite Fund buyer in Q2 2025 was Saba Capital Management, an estimated $5.86M added.
- The largest Nuveen Dow 30SM Dynamic Overwrite Fund seller in Q2 2025 was Bank of America, an estimated $2.37M sold.
Based on aggregated 13F filings for Q2 2025.