Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
49 hedge funds and large institutions have $120M invested in Nuveen NASDAQ 100 Dynamic Overwrite Fund in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 10 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
6% less capital invested
Capital invested by funds: $128M → $120M (-$7.16M)
13% less funds holding
Funds holding: 56 → 49 (-7)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.95M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.91M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.64M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$778K |
| 5 |
Morgan Stanley
New York
|
+$685K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$17.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$2.89M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.9M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.51M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$502K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BNP Paribas Financial Markets
Paris,
France
| – | -$344K | -18,332 | Closed |
|
52
HighTower Advisors
Chicago,
Illinois
| – | -$209K | -11,161 | Closed |
|
|
CA
53
Cetera Advisors
Denver,
Colorado
| – | -$202K | -10,732 | Closed |
|
|
CCA
54
Catalyst Capital Advisors
Huntington,
New York
| – | -$76K | -4,050 | Closed |
|
55
Creative Planning
Overland Park,
Kansas
| – | -$33K | -1,755 | Closed |
|
|
GI
56
Gradient Investments
Arden Hills,
Minnesota
| – | -$19K | -1,010 | Closed |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| – | -$8K | -425 | Closed |
|
|
ASN
58
Advisory Services Network
Atlanta,
Georgia
| – | -$7K | -400 | Closed |
|
|
MA
59
MUFG Americas
New York
| – | -$3K | -180 | Closed |
|
QQQX Hedge Fund Activity: Q2 2015 in Review
49 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) for Q2 2015, worth a combined $120M — down 5.6% from $128M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of QQQX and 4 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 19 added.
The largest buyer was Cornerstone Advisors, adding an estimated $2.95M. The largest seller was Karpus Investment Management, cutting an estimated $17.5M.
- 49 institutional investors held Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) as of Q2 2015, down from 56 in Q1 2015.
- Funds reported $120M of Nuveen NASDAQ 100 Dynamic Overwrite Fund stock for Q2 2015, down 5.6% quarter-over-quarter.
- 4 funds opened new Nuveen NASDAQ 100 Dynamic Overwrite Fund positions in Q2 2015 and 10 closed out, a net change of -6 holders.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund buyer in Q2 2015 was Cornerstone Advisors, an estimated $2.95M added.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund seller in Q2 2015 was Karpus Investment Management, an estimated $17.5M sold.
Based on aggregated 13F filings for Q2 2015.