Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
33 hedge funds and large institutions have $43.7M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
11% more capital invested
Capital invested by funds: $39.5M → $43.7M (+$4.2M)
10% more funds holding
Funds holding: 30 → 33 (+3)
1.2% more ownership
Funds ownership: 18.09% → 19.29% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$2.75M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.4M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$437K |
| 4 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$392K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
+$329K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.43M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.09M |
| 3 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$784K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$62K |
| 5 |
Citigroup
New York
|
-$55.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $15K | – | – | – |
|
|
SNT
27
Security National Trust
Wheeling,
West Virginia
| $14K | – | – | – |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $14K | +$281 | +20 | +2% |
|
|
WA
29
WFG Advisors
Dallas,
Texas
| $12K | +$449 | +32 | +4% |
|
|
AIG
30
American International Group
New York
| $8.12K | – | – | – |
|
31
Creative Planning
Overland Park,
Kansas
| $8K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $7K | -$49.5K | -3,528 | -88% |
|
|
OFG
33
OTA Financial Group
Purchase,
New York
| $330 | +$329K | +23,404 | New |
|
|
34
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$62K | -4,600 | Closed |
|
SPXX Hedge Fund Activity: Q4 2013 in Review
33 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q4 2013, worth a combined $43.7M — up 11% from $39.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPXX positions and 1 closed out — a net gain of 3 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Invesco, adding an estimated $2.75M. The largest seller was Advisors Asset Management, cutting an estimated $1.43M.
- 33 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q4 2013, up from 30 in Q3 2013.
- Funds reported $43.7M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q4 2013, up 11% quarter-over-quarter.
- 4 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q4 2013 and 1 closed out, a net change of +3 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q4 2013 was Invesco, an estimated $2.75M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q4 2013 was Advisors Asset Management, an estimated $1.43M sold.
Based on aggregated 13F filings for Q4 2013.