Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
35 hedge funds and large institutions have $46.5M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
9% more funds holding
Funds holding: 32 → 35 (+3)
5% more capital invested
Capital invested by funds: $44.4M → $46.5M (+$2.11M)
0.5% more ownership
Funds ownership: 19.4% → 19.9% (+0.5%)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$2.05M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.03M |
| 3 |
Morgan Stanley
New York
|
+$448K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$356K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$269K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.9M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.23M |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$155K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$128K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$107K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $28K | – | – | – |
|
|
SNT
27
Security National Trust
Wheeling,
West Virginia
| $24K | – | – | – |
|
|
AIG
28
American International Group
New York
| $22.8K | -$20.6K | -1,430 | -48% |
|
29
US Bancorp
Minneapolis,
Minnesota
| $21K | – | – | – |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $18K | -$100K | -6,929 | -85% |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $15K | – | – | – |
|
|
MFS
32
MSI Financial Services
Springfield,
Massachusetts
| $15K | – | – | – |
|
|
WA
33
WFG Advisors
Dallas,
Texas
| $12K | +$231 | +16 | +2% |
|
34
Creative Planning
Overland Park,
Kansas
| $9K | -$3.74K | -259 | -30% |
|
35
Citigroup
New York
| $2K | -$231 | -16 | -8% |
|
36
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$28K | -2,000 | Closed |
|
SPXX Hedge Fund Activity: Q2 2014 in Review
35 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q2 2014, worth a combined $46.5M — up 4.7% from $44.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPXX positions and 1 closed out — a net gain of 3 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Invesco, adding an estimated $2.05M. The largest seller was Advisors Asset Management, cutting an estimated $1.9M.
- 35 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q2 2014, up from 32 in Q1 2014.
- Funds reported $46.5M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q2 2014, up 4.7% quarter-over-quarter.
- 4 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q2 2014 and 1 closed out, a net change of +3 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q2 2014 was Invesco, an estimated $2.05M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q2 2014 was Advisors Asset Management, an estimated $1.9M sold.
Based on aggregated 13F filings for Q2 2014.