Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
32 hedge funds and large institutions have $49.6M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 6 closing their positions.
8% more capital invested
Capital invested by funds: $46M → $49.6M (+$3.59M)
1.21% more ownership
Funds ownership: 20.26% → 21.46% (+1.2%)
14% less funds holding
Funds holding: 37 → 32 (-5)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.6M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$2.65M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.81M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$582K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$457K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.13M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.38M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.09M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$195K |
| 5 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$111K |
| 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 | – | – | – |
|
|
BBPWM
28
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $20K | -$14.9K | -1,048 | -42% |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $15K | – | – | – |
|
30
Creative Planning
Overland Park,
Kansas
| $9K | – | – | – |
|
|
AIG
31
American International Group
New York
| $8.22K | -$14.2K | -1,000 | -63% |
|
32
Citigroup
New York
| $2K | -$6.92K | -487 | -73% |
|
|
SFS
33
Shaker Financial Services
Arlington,
Virginia
| – | -$2.13M | -151,255 | Closed |
|
|
WAM
34
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.38M | -98,017 | Closed |
|
|
DA
35
Doliver Advisors
Houston,
Texas
| – | -$195K | -13,845 | Closed |
|
|
KTC
36
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$20K | -1,430 | Closed |
|
|
WA
37
WFG Advisors
Dallas,
Texas
| – | -$12K | -855 | Closed |
|
38
US Bancorp
Minneapolis,
Minnesota
| – | -$3K | -230 | Closed |
|
SPXX Hedge Fund Activity: Q4 2014 in Review
32 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q4 2014, worth a combined $49.6M — up 7.8% from $46M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SPXX and 4 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $3.6M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $2.13M sold.
- 32 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q4 2014, down from 37 in Q3 2014.
- Funds reported $49.6M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q4 2014, up 7.8% quarter-over-quarter.
- 4 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q4 2014 and 6 closed out, a net change of -2 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q4 2014 was Susquehanna International Group, an estimated $3.6M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q4 2014 was Shaker Financial Services, an estimated $2.13M sold.
Based on aggregated 13F filings for Q4 2014.