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Nuveen NASDAQ 100 Dynamic Overwrite Fund

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.

New
Increased
Maintained
Reduced
Closed

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: 6153 (-8)

50% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 14

Holders
53
Holders Change
-8
Holders Change %
-13.11%
% of All Funds
1.32%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
19
Reduced
17
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Credit Agricole
1
Credit Agricole
France
$72.9M +$99.5M +4,937,734 New
Morgan Stanley
2
Morgan Stanley
New York
$20.2M +$797K +39,520 +4%
AAM
3
Advisors Asset Management
Colorado
$14.3M -$971K -48,152 -7%
UBS Group
4
UBS Group
Switzerland
$12.2M -$2.11M -104,449 -15%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$11.2M +$1.22M +60,698 +13%
Invesco
6
Invesco
Georgia
$8.91M -$625K -31,024 -7%
GC
7
Guggenheim Capital
Illinois
$8.73M -$225K -11,178 -3%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$5.75M +$1.01M +49,874 +22%
Bank of America
9
Bank of America
North Carolina
$5.68M +$12.5K +618 +0.2%
MIAN
10
Mariner Independent Advisor Network
Kansas
$5.46M +$5.37M +266,394 New
LPL Financial
11
LPL Financial
California
$5.41M +$3.22M +159,789 +154%
RJA
12
Raymond James & Associates
Florida
$5.12M +$208K +10,330 +4%
Wells Fargo
13
Wells Fargo
California
$4.58M -$244K -12,123 -5%
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$4.21M +$110K +5,463 +3%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$1.99M +$192K +9,515 +11%
Cohen & Steers
16
Cohen & Steers
New York
$1.61M -$175K -8,660 -10%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$1.53M +$585K +29,035 +65%
VC
18
Vicus Capital
Pennsylvania
$1.28M -$110K -5,468 -8%
Bank of Nova Scotia
19
Bank of Nova Scotia
Ontario, Canada
$1.12M -$228K -11,295 -17%
ACP
20
Aviance Capital Partners
Florida
$923K -$178K -8,843 -17%
FHA
21
Flagship Harbor Advisors
Massachusetts
$910K +$16.6K +823 +2%
DADC
22
D.A. Davidson & Co
Montana
$736K +$43.2K +2,145 +6%
SI
23
Stephens Inc
Arkansas
$673K +$297K +14,729 +83%
OC
24
Oppenheimer & Co
New York
$653K +$18.3K +910 +3%
GW
25
GW & Wade
Massachusetts
$568K -$24.2K -1,202 -4%

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.