Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
42 hedge funds and large institutions have $50.9M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
11% more funds holding
Funds holding: 38 → 42 (+4)
2.96% less ownership
Funds ownership: 26.27% → 23.31% (-3%)
10% less capital invested
Capital invested by funds: $56.5M → $50.9M (-$5.58M)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.06M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.48M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$381K |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$269K |
| 5 |
CWM
Concert Wealth Management
San Jose,
California
|
+$234K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$4.28M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.43M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.36M |
| 4 |
Morgan Stanley
New York
|
-$1.31M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.21M |
SPXX Hedge Fund Activity: Q2 2016 in Review
42 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q2 2016, worth a combined $50.9M — down 9.9% from $56.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SPXX positions and 3 closed out — a net gain of 4 holders — while 10 added to existing stakes and 14 trimmed.
The largest buyer was UBS Group, adding an estimated $2.06M. The largest seller was Parametric Portfolio Associates, cutting an estimated $4.28M.
- 42 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q2 2016, up from 38 in Q1 2016.
- Funds reported $50.9M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q2 2016, down 9.9% quarter-over-quarter.
- 7 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q2 2016 and 3 closed out, a net change of +4 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q2 2016 was UBS Group, an estimated $2.06M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q2 2016 was Parametric Portfolio Associates, an estimated $4.28M sold.
Based on aggregated 13F filings for Q2 2016.