Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
37 hedge funds and large institutions have $44.9M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 3 closing their positions.
0.54% less ownership
Funds ownership: 18.31% → 17.77% (-0.54%)
1% less capital invested
Capital invested by funds: $45.4M → $44.9M (-$530K)
3% less funds holding
Funds holding: 38 → 37 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$734K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$415K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$336K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$259K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$205K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.02M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$746K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$592K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$397K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$247K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $57K | -$12.3K | -800 | -18% |
|
|
NSIM
27
North Star Investment Management
Chicago,
Illinois
| $47K | -$15.4K | -1,000 | -25% |
|
28
US Bancorp
Minneapolis,
Minnesota
| $47K | – | – | – |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| $33K | – | – | – |
|
|
SNT
30
Security National Trust
Wheeling,
West Virginia
| $26K | – | – | – |
|
|
GWM
31
Geneos Wealth Management
Englewood,
Colorado
| $19K | – | – | – |
|
32
SEI Investments
Oaks,
Pennsylvania
| $17K | – | – | – |
|
|
SPIA
33
Steward Partners Investment Advisory
New York
| $17K | – | – | – |
|
|
IA
34
IFP Advisors
Tampa,
Florida
| $8K | – | – | – |
|
|
TJHA
35
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $6K | – | – | – |
|
|
JCM
36
Jacobi Capital Management
Pittston,
Pennsylvania
| $6K | +$5.52K | +359 | New |
|
|
BBPWM
37
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $4K | – | – | – |
|
|
38
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$746K | -48,583 | Closed |
|
|
DADC
39
D.A. Davidson & Co
Great Falls,
Montana
| – | -$132K | -8,617 | Closed |
|
40
Creative Planning
Overland Park,
Kansas
| – | -$9K | -600 | Closed |
|
SPXX Hedge Fund Activity: Q3 2017 in Review
37 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q3 2017, worth a combined $44.9M — down 1.2% from $45.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SPXX and 2 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 9 added.
The largest buyer was Bank of America, adding an estimated $734K. The largest seller was Advisors Asset Management, cutting an estimated $1.02M.
- 37 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q3 2017, down from 38 in Q2 2017.
- Funds reported $44.9M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q3 2017, down 1.2% quarter-over-quarter.
- 2 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q3 2017 and 3 closed out, a net change of -1 holder.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q3 2017 was Bank of America, an estimated $734K added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q3 2017 was Advisors Asset Management, an estimated $1.02M sold.
Based on aggregated 13F filings for Q3 2017.