Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
92 hedge funds and large institutions have $198M invested in Nuveen NASDAQ 100 Dynamic Overwrite Fund in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 28 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
13% more capital invested
Capital invested by funds: $174M → $198M (+$23.5M)
1.43% more ownership
Funds ownership: 19.1% → 20.53% (+1.4%)
1% more funds holding
Funds holding: 91 → 92 (+1)
7% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.82M |
| 2 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$8M |
| 3 |
SDAM
Shulman DeMeo Asset Management
Lake Success,
New York
|
+$1.72M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.05M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$635K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.43M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.15M |
| 3 |
Morgan Stanley
New York
|
-$1.1M |
| 4 |
PCM
Pennsylvania Capital Management
Huntingdon Valley,
Pennsylvania
|
-$839K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$795K |
QQQX Hedge Fund Activity: Q3 2020 in Review
92 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) for Q3 2020, worth a combined $198M — up 13% from $174M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new QQQX positions and 10 closed out — a net gain of 3 holders — while 30 added to existing stakes and 28 trimmed.
The largest buyer was Wells Fargo, adding an estimated $8.82M. The largest seller was Royal Bank of Canada, cutting an estimated $1.43M.
- 92 institutional investors held Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) as of Q3 2020, up from 91 in Q2 2020.
- Funds reported $198M of Nuveen NASDAQ 100 Dynamic Overwrite Fund stock for Q3 2020, up 13% quarter-over-quarter.
- 13 funds opened new Nuveen NASDAQ 100 Dynamic Overwrite Fund positions in Q3 2020 and 10 closed out, a net change of +3 holders.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund buyer in Q3 2020 was Wells Fargo, an estimated $8.82M added.
- The largest Nuveen NASDAQ 100 Dynamic Overwrite Fund seller in Q3 2020 was Royal Bank of Canada, an estimated $1.43M sold.
Based on aggregated 13F filings for Q3 2020.