Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
86 hedge funds and large institutions have $117M invested in Nuveen NASDAQ 100 Dynamic Overwrite Fund in 2018 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 15 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
2.1% less ownership
Funds ownership: 18.18% → 16.08% (-2.1%)
2% less funds holding
Funds holding: 88 → 86 (-2)
27% less capital invested
Capital invested by funds: $160M → $117M (-$42.6M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.76M |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$968K |
| 3 |
FSA
Financial Sense Advisors
San Diego,
California
|
+$921K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$727K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$680K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.43M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$4.04M |
| 3 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$3.02M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.03M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.92M |
QQQX Hedge Fund Activity: Q4 2018 in Review
86 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) for Q4 2018, worth a combined $117M — down 27% from $160M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of QQQX and 14 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 30 added.
The largest buyer was Invesco, adding an estimated $1.76M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $5.43M sold.
- 86 institutional investors held Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) as of Q4 2018, down from 88 in Q3 2018.
- Funds reported $117M of Nuveen NASDAQ 100 Dynamic Overwrite Fund stock for Q4 2018, down 27% quarter-over-quarter.
- 14 funds opened new Nuveen NASDAQ 100 Dynamic Overwrite Fund positions in Q4 2018 and 15 closed out, a net change of -1 holder.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund buyer in Q4 2018 was Invesco, an estimated $1.76M added.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund seller in Q4 2018 was Raymond James Financial Services Advisors, an estimated $5.43M sold.
Based on aggregated 13F filings for Q4 2018.