Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
47 hedge funds and large institutions have $42.9M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
4% more funds holding
Funds holding: 45 → 47 (+2)
0.54% more ownership
Funds ownership: 18.55% → 19.1% (+0.54%)
15% less capital invested
Capital invested by funds: $50.7M → $42.9M (-$7.76M)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.42M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$696K |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
+$441K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$250K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$208K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$747K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$667K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$435K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$345K |
| 5 |
QCMA
Quad Capital Management Advisors
New York
|
-$314K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
51
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$137K | -8,117 | Closed |
|
|
FIA
52
FNY Investment Advisers
New York
| – | -$134K | -7,943 | Closed |
|
|
SPIA
53
Steward Partners Investment Advisory
New York
| – | -$43K | -2,568 | Closed |
|
|
CFA
54
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$13K | -768 | Closed |
|
|
IA
55
IFP Advisors
Tampa,
Florida
| – | -$8K | -500 | Closed |
|
56
Fidelity Investments
Boston,
Massachusetts
| – | +$15 | +1 | New |
|
SPXX Hedge Fund Activity: Q4 2018 in Review
47 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q4 2018, worth a combined $42.9M — down 15% from $50.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SPXX positions and 9 closed out — a net gain of 2 holders — while 11 added to existing stakes and 15 trimmed.
The largest buyer was Invesco, adding an estimated $1.42M. The largest seller was Nine Masts Capital, exiting entirely with an estimated $747K sold.
- 47 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q4 2018, up from 45 in Q3 2018.
- Funds reported $42.9M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q4 2018, down 15% quarter-over-quarter.
- 11 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q4 2018 and 9 closed out, a net change of +2 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q4 2018 was Invesco, an estimated $1.42M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q4 2018 was Nine Masts Capital, an estimated $747K sold.
Based on aggregated 13F filings for Q4 2018.