Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
119 hedge funds and large institutions have $318M invested in Nuveen NASDAQ 100 Dynamic Overwrite Fund in 2023 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 41 increasing their positions, 30 reducing their positions, and 13 closing their positions.
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
37% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 30
22% more capital invested
Capital invested by funds: $261M → $318M (+$56.7M)
7% more funds holding
Funds holding: 111 → 119 (+8)
4.49% more ownership
Funds ownership: 24.72% → 29.21% (+4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$40.6M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$12M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.22M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$3.35M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$11.7M |
| 2 |
BA
Bridge Advisory
Pasadena,
California
|
-$3.27M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$2.35M |
| 4 |
GS
GTS Securities
New York
|
-$1.47M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Jane Street
New York
| – | -$393K | -17,508 | Closed |
|
127
JP Morgan Chase
New York
| – | -$258K | -11,469 | Closed |
|
|
CFS
128
Commonwealth Financial Services
Vienna,
West Virginia
| – | -$227K | -10,114 | Closed |
|
|
FAM
129
Formidable Asset Management
Cincinnati,
Ohio
| – | -$204K | -9,075 | Closed |
|
|
RFA
130
Register Financial Advisors
Atlanta,
Georgia
| – | -$178K | -7,906 | Closed |
|
|
FIA
131
FNY Investment Advisers
New York
| – | -$85K | -3,800 | Closed |
|
|
HGERS
132
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| – | -$17.5K | -777 | Closed |
|
|
HL
133
HeadInvest LLC
Portland,
Maine
| – | -$14.7K | -650 | Closed |
|
QQQX Hedge Fund Activity: Q4 2023 in Review
119 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) for Q4 2023, worth a combined $318M — up 22% from $261M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new QQQX positions and 13 closed out — a net gain of 9 holders — while 41 added to existing stakes and 30 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $40.6M. The largest seller was Wells Fargo, cutting an estimated $11.7M.
- 119 institutional investors held Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) as of Q4 2023, up from 111 in Q3 2023.
- Funds reported $318M of Nuveen NASDAQ 100 Dynamic Overwrite Fund stock for Q4 2023, up 22% quarter-over-quarter.
- 22 funds opened new Nuveen NASDAQ 100 Dynamic Overwrite Fund positions in Q4 2023 and 13 closed out, a net change of +9 holders.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund buyer in Q4 2023 was Morgan Stanley, an estimated $40.6M added.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund seller in Q4 2023 was Wells Fargo, an estimated $11.7M sold.
Based on aggregated 13F filings for Q4 2023.