Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
51 hedge funds and large institutions have $39.7M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
9% more funds holding
Funds holding: 47 → 51 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.1% less ownership
Funds ownership: 21.04% → 19.94% (-1.1%)
31% less capital invested
Capital invested by funds: $57.4M → $39.7M (-$17.7M)
47% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.35M |
| 2 |
ICM
Ionic Capital Management
New York
|
+$868K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$836K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$581K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
+$519K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.91M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.53M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.46M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$218K |
| 5 |
SS
Sunbelt Securities
Houston,
Texas
|
-$206K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCFS
51
First Command Financial Services
Fort Worth,
Texas
| $6K | – | – | – |
|
|
52
Ameriprise
Minneapolis,
Minnesota
| – | -$218K | -13,218 | Closed |
|
|
SS
53
Sunbelt Securities
Houston,
Texas
| – | -$206K | -12,500 | Closed |
|
|
SWP
54
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$167K | -10,117 | Closed |
|
SPXX Hedge Fund Activity: Q1 2020 in Review
51 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q1 2020, worth a combined $39.7M — down 31% from $57.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SPXX positions and 4 closed out — a net gain of 6 holders — while 10 added to existing stakes and 19 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.35M. The largest seller was Private Advisor Group, cutting an estimated $1.91M.
- 51 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q1 2020, up from 47 in Q4 2019.
- Funds reported $39.7M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q1 2020, down 31% quarter-over-quarter.
- 10 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q1 2020 and 4 closed out, a net change of +6 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q1 2020 was Shaker Financial Services, an estimated $1.35M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q1 2020 was Private Advisor Group, an estimated $1.91M sold.
Based on aggregated 13F filings for Q1 2020.