Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
57 hedge funds and large institutions have $123M invested in Nuveen NASDAQ 100 Dynamic Overwrite Fund in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 20 reducing their positions, and 6 closing their positions.
3% less funds holding
Funds holding: 59 → 57 (-2)
7% less capital invested
Capital invested by funds: $133M → $123M (-$9.84M)
15% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 20
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.36M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.16M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$811K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$407K |
| 5 |
FSA
Financial Sense Advisors
San Diego,
California
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.66M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$2.29M |
| 3 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$1.63M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.02M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$562K |
QQQX Hedge Fund Activity: Q1 2016 in Review
57 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) for Q1 2016, worth a combined $123M — down 7.4% from $133M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of QQQX and 5 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 17 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.36M. The largest seller was Karpus Investment Management, cutting an estimated $2.66M.
- 57 institutional investors held Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) as of Q1 2016, down from 59 in Q4 2015.
- Funds reported $123M of Nuveen NASDAQ 100 Dynamic Overwrite Fund stock for Q1 2016, down 7.4% quarter-over-quarter.
- 5 funds opened new Nuveen NASDAQ 100 Dynamic Overwrite Fund positions in Q1 2016 and 6 closed out, a net change of -1 holder.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund buyer in Q1 2016 was Royal Bank of Canada, an estimated $1.36M added.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund seller in Q1 2016 was Karpus Investment Management, an estimated $2.66M sold.
Based on aggregated 13F filings for Q1 2016.