Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
32 hedge funds and large institutions have $44.4M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 4 closing their positions.
2% more capital invested
Capital invested by funds: $43.7M → $44.4M (+$747K)
0.11% more ownership
Funds ownership: 19.29% → 19.4% (+0.11%)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
3% less funds holding
Funds holding: 33 → 32 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$2.54M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$637K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$450K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$185K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$107K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$995K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$838K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$510K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$373K |
| 5 |
SG Americas Securities
New York
|
-$275K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $20K | – | – | – |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $15K | – | – | – |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $14K | – | – | – |
|
|
NSIM
29
North Star Investment Management
Chicago,
Illinois
| $14K | +$14.2K | +1,000 | New |
|
|
WA
30
WFG Advisors
Dallas,
Texas
| $12K | – | – | – |
|
31
Creative Planning
Overland Park,
Kansas
| $12K | +$3.67K | +259 | +43% |
|
32
Citigroup
New York
| $2K | -$67.4K | -4,751 | -96% |
|
|
OFG
33
OTA Financial Group
Purchase,
New York
| – | -$330 | -23,404 | Closed |
|
|
34
SG Americas Securities
New York
| – | -$275K | -19,446 | Closed |
|
|
TC
35
TFS Capital
West Chester,
Pennsylvania
| – | -$179K | -12,673 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$7K | -492 | Closed |
|
SPXX Hedge Fund Activity: Q1 2014 in Review
32 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q1 2014, worth a combined $44.4M — up 1.7% from $43.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SPXX and 3 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 10 added.
The largest buyer was Invesco, adding an estimated $2.54M. The largest seller was Advisors Asset Management, cutting an estimated $995K.
- 32 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q1 2014, down from 33 in Q4 2013.
- Funds reported $44.4M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q1 2014, up 1.7% quarter-over-quarter.
- 3 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q1 2014 and 4 closed out, a net change of -1 holder.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q1 2014 was Invesco, an estimated $2.54M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q1 2014 was Advisors Asset Management, an estimated $995K sold.
Based on aggregated 13F filings for Q1 2014.