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Nuveen S&P 500 Dynamic Overwrite Fund

51 hedge funds and large institutions have $60M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

6% more funds holding

Funds holding: 4851 (+3)

0.19% more ownership

Funds ownership: 23.2%23.39% (+0.19%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less capital invested

Capital invested by funds: $62.9M → $60M (-$2.92M)

35% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 20

Holders
51
Holders Change
+3
Holders Change %
+6.25%
% of All Funds
0.81%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
13
Reduced
20
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GWSG
26
GPS Wealth Strategies Group
Colorado
$387K
RJA
27
Raymond James & Associates
Florida
$360K -$105K -6,816 -22%
LCM
28
Landscape Capital Management
New Jersey
$319K +$49.8K +3,238 +18%
SBIA
29
Sheaff Brock Investment Advisors
Indiana
$270K
Truist Financial
30
Truist Financial
North Carolina
$241K -$130K -8,484 -34%
DI
31
DFPG Investments
Utah
$235K
CAN
32
Cetera Advisor Networks
California
$222K -$40.8K -2,655 -15%
LI
33
LVZ Inc
Michigan
$219K
WWM
34
Western Wealth Management
Colorado
$201K -$47.2K -3,072 -18%
JP Morgan Chase
35
JP Morgan Chase
New York
$198K +$205K +13,329 New
Janney Montgomery Scott
36
Janney Montgomery Scott
Pennsylvania
$191K -$3.94K -256 -2%
EC
37
Elequin Capital
New York
$155K +$77.7K +5,055 +94%
PNC Financial Services Group
38
PNC Financial Services Group
Pennsylvania
$108K
Northwestern Mutual Wealth Management
39
Northwestern Mutual Wealth Management
Wisconsin
$83.8K -$16.5K -1,073 -16%
SPIA
40
Steward Partners Investment Advisory
New York
$77.4K -$291K -18,950 -78%
NA
41
NewEdge Advisors
Louisiana
$57K
BFEC
42
Benjamin F. Edwards & Company
Missouri
$48K
IPW
43
Impact Partnership Wealth
Georgia
$36K +$37.4K +2,431 New
NSIM
44
North Star Investment Management
Illinois
$29.6K
FIA
45
FNY Investment Advisers
New York
$29K
Comerica Bank
46
Comerica Bank
Texas
$25.2K +$26.1K +1,700 New
Kayne Anderson Rudnick Investment Management
47
Kayne Anderson Rudnick Investment Management
California
$25K
AF
48
Allworth Financial
California
$19.9K
BWM
49
Baystate Wealth Management
Massachusetts
$12.1K +$12.6K +817 New
NS
50
NBC Securities
Alabama
$9K +$9.39K +611 New

SPXX Hedge Fund Activity: Q3 2023 in Review

51 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q3 2023, worth a combined $60M — down 4.6% from $62.9M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new SPXX positions and 3 closed out — a net gain of 3 holders — while 13 added to existing stakes and 20 trimmed.

The largest buyer was Cornerstone Advisors, adding an estimated $1.41M. The largest seller was Houlihan Financial Resource Group, exiting entirely with an estimated $2.46M sold.

  • 51 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q3 2023, up from 48 in Q2 2023.
  • Funds reported $60M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q3 2023, down 4.6% quarter-over-quarter.
  • 6 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q3 2023 and 3 closed out, a net change of +3 holders.
  • The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q3 2023 was Cornerstone Advisors, an estimated $1.41M added.
  • The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q3 2023 was Houlihan Financial Resource Group, an estimated $2.46M sold.

Based on aggregated 13F filings for Q3 2023.