Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
53 hedge funds and large institutions have $201M invested in Nuveen NASDAQ 100 Dynamic Overwrite Fund in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 14 closing their positions.
65% more capital invested
Capital invested by funds: $122M → $201M (+$79.2M)
12.52% more ownership
Funds ownership: 17.93% → 30.45% (+13%)
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
13% less funds holding
Funds holding: 61 → 53 (-8)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
+$99.5M |
| 2 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$5.37M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.22M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.22M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$7.79M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$2.61M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.11M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.59M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$971K |
QQQX Hedge Fund Activity: Q1 2017 in Review
53 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) for Q1 2017, worth a combined $201M — up 65% from $122M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of QQQX and 7 opened new positions — a net loss of 7 holders — while 17 trimmed existing stakes and 19 added.
The largest buyer was Credit Agricole, opening a new position worth an estimated $99.5M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $7.79M sold.
- 53 institutional investors held Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) as of Q1 2017, down from 61 in Q4 2016.
- Funds reported $201M of Nuveen NASDAQ 100 Dynamic Overwrite Fund stock for Q1 2017, up 65% quarter-over-quarter.
- 7 funds opened new Nuveen NASDAQ 100 Dynamic Overwrite Fund positions in Q1 2017 and 14 closed out, a net change of -7 holders.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund buyer in Q1 2017 was Credit Agricole, an estimated $99.5M added.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund seller in Q1 2017 was 1832 Asset Management, an estimated $7.79M sold.
Based on aggregated 13F filings for Q1 2017.