Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
56 hedge funds and large institutions have $45.1M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2020 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
14% more funds holding
Funds holding: 49 → 56 (+7)
2% more capital invested
Capital invested by funds: $44.1M → $45.1M (+$1M)
0.28% less ownership
Funds ownership: 19.97% → 19.69% (-0.28%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.02M |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$249K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$247K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$234K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$186K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.78M |
| 2 |
OFG
OTA Financial Group
Purchase,
New York
|
-$625K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$515K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$210K |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$206K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
51
Geneos Wealth Management
Englewood,
Colorado
| $12K | – | – | – |
|
|
ASN
52
Advisory Services Network
Atlanta,
Georgia
| $9K | +$8.97K | +667 | New |
|
|
FCB
53
First Command Bank
Fort Worth,
Texas
| $7K | – | – | – |
|
|
FCFS
54
First Command Financial Services
Fort Worth,
Texas
| $7K | – | – | – |
|
55
Barclays
London,
United Kingdom
| $2K | +$1.91K | +142 | New |
|
|
LWA
56
Lenox Wealth Advisors
New York
| $1K | +$848 | +63 | New |
|
|
KWM
57
Kingsview Wealth Management
Grants Pass,
Oregon
| – | -$206K | -16,030 | Closed |
|
|
FCA
58
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$177K | -13,769 | Closed |
|
|
CAN
59
Cetera Advisor Networks
El Segundo,
California
| – | -$74K | -5,786 | Closed |
|
|
AA
60
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$26K | -2,000 | Closed |
|
|
TC
61
Truvestments Capital
Sarasota,
Florida
| – | -$1K | -128 | Closed |
|
SPXX Hedge Fund Activity: Q3 2020 in Review
56 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q3 2020, worth a combined $45.1M — up 2.3% from $44.1M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SPXX positions and 5 closed out — a net gain of 7 holders — while 19 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.02M. The largest seller was Shaker Financial Services, cutting an estimated $1.78M.
- 56 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q3 2020, up from 49 in Q2 2020.
- Funds reported $45.1M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q3 2020, up 2.3% quarter-over-quarter.
- 12 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q3 2020 and 5 closed out, a net change of +7 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q3 2020 was Morgan Stanley, an estimated $1.02M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q3 2020 was Shaker Financial Services, an estimated $1.78M sold.
Based on aggregated 13F filings for Q3 2020.