Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
30 hedge funds and large institutions have $39.5M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 3 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
0.5% less ownership
Funds ownership: 18.59% → 18.09% (-0.5%)
5% less capital invested
Capital invested by funds: $41.4M → $39.5M (-$1.97M)
6% less funds holding
Funds holding: 32 → 30 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$656K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$590K |
| 3 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$459K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$189K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$1.39M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$515K |
| 3 |
Morgan Stanley
New York
|
-$461K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$408K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$377K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SNT
26
Security National Trust
Wheeling,
West Virginia
| $14K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $13K | -$5.3K | -380 | -28% |
|
|
WA
28
WFG Advisors
Dallas,
Texas
| $11K | +$209 | +15 | +2% |
|
29
Creative Planning
Overland Park,
Kansas
| $8K | – | – | – |
|
|
AIG
30
American International Group
New York
| $7.76K | – | – | – |
|
|
RJFSA
31
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$515K | -37,295 | Closed |
|
|
32
AQR Capital Management
Greenwich,
Connecticut
| – | -$377K | -27,325 | Closed |
|
|
SFS
33
Shaker Financial Services
Arlington,
Virginia
| – | -$229K | -16,608 | Closed |
|
SPXX Hedge Fund Activity: Q3 2013 in Review
30 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q3 2013, worth a combined $39.5M — down 4.8% from $41.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SPXX and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 13 added.
The largest buyer was Invesco, adding an estimated $656K. The largest seller was Relative Value Partners, cutting an estimated $1.39M.
- 30 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q3 2013, down from 32 in Q2 2013.
- Funds reported $39.5M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q3 2013, down 4.8% quarter-over-quarter.
- 1 fund opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q3 2013 and 3 closed out, a net change of -2 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q3 2013 was Invesco, an estimated $656K added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q3 2013 was Relative Value Partners, an estimated $1.39M sold.
Based on aggregated 13F filings for Q3 2013.