Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
45 hedge funds and large institutions have $42.9M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 10 closing their positions.
0% less capital invested
Capital invested by funds: $42.9M → $42.9M (-$30.4K)
2.33% less ownership
Funds ownership: 19.1% → 16.76% (-2.3%)
4% less funds holding
Funds holding: 47 → 45 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
+$356K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$331K |
| 3 |
LPL Financial
San Diego,
California
|
+$264K |
| 4 |
Morgan Stanley
New York
|
+$238K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.75M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.07M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$825K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$631K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$442K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
W
51
WealthOne
Albany,
New York
| – | -$28K | -2,000 | Closed |
|
|
SWM
52
SeaCrest Wealth Management
Purchase,
New York
| – | -$17K | -1,200 | Closed |
|
53
BlackRock
New York
| – | -$11K | -750 | Closed |
|
|
JA
54
JOYN Advisors
Atlanta,
Georgia
| – | -$4K | -250 | Closed |
|
SPXX Hedge Fund Activity: Q1 2019 in Review
45 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q1 2019, worth a combined $42.9M — down 0.07% from $42.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SPXX and 8 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 11 added.
The largest buyer was IBEX Wealth Advisors, opening a new position worth an estimated $356K. The largest seller was Raymond James & Associates, cutting an estimated $1.75M.
- 45 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q1 2019, down from 47 in Q4 2018.
- Funds reported $42.9M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q1 2019, down 0.07% quarter-over-quarter.
- 8 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q1 2019 and 10 closed out, a net change of -2 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q1 2019 was IBEX Wealth Advisors, an estimated $356K added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q1 2019 was Raymond James & Associates, an estimated $1.75M sold.
Based on aggregated 13F filings for Q1 2019.