Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
60 hedge funds and large institutions have $123M invested in Nuveen NASDAQ 100 Dynamic Overwrite Fund in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
13% more funds holding
Funds holding: 53 → 60 (+7)
14.99% less ownership
Funds ownership: 30.45% → 15.46% (-15%)
39% less capital invested
Capital invested by funds: $201M → $123M (-$78.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.63M |
| 2 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
+$1.1M |
| 3 |
SFM
Signet Financial Management
Parsippany,
New Jersey
|
+$772K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$638K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$587K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
-$72.9M |
| 2 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$5.46M |
| 3 |
LPL Financial
San Diego,
California
|
-$5.25M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$4.34M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.29M |
QQQX Hedge Fund Activity: Q2 2017 in Review
60 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) for Q2 2017, worth a combined $123M — down 39% from $201M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new QQQX positions and 5 closed out — a net gain of 7 holders — while 21 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.63M. The largest seller was Credit Agricole, exiting entirely with an estimated $72.9M sold.
- 60 institutional investors held Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) as of Q2 2017, up from 53 in Q1 2017.
- Funds reported $123M of Nuveen NASDAQ 100 Dynamic Overwrite Fund stock for Q2 2017, down 39% quarter-over-quarter.
- 12 funds opened new Nuveen NASDAQ 100 Dynamic Overwrite Fund positions in Q2 2017 and 5 closed out, a net change of +7 holders.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund buyer in Q2 2017 was Morgan Stanley, an estimated $5.63M added.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund seller in Q2 2017 was Credit Agricole, an estimated $72.9M sold.
Based on aggregated 13F filings for Q2 2017.