Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
40 hedge funds and large institutions have $43.3M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 6 closing their positions.
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
3.83% less ownership
Funds ownership: 23.31% → 19.48% (-3.8%)
5% less funds holding
Funds holding: 42 → 40 (-2)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
15% less capital invested
Capital invested by funds: $50.9M → $43.3M (-$7.61M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.45M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$820K |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
+$462K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$453K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$309K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$8.55M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.44M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$993K |
| 4 |
RVPG
Relative Value Partners Group
|
-$502K |
| 5 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$409K |
SPXX Hedge Fund Activity: Q3 2016 in Review
40 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q3 2016, worth a combined $43.3M — down 15% from $50.9M a quarter earlier.
Fund positioning in SPXX was balanced in Q3 2016: 6 funds opened new positions, 6 closed out, 13 added to existing stakes and 15 trimmed.
The largest buyer was UBS Group, adding an estimated $1.45M. The largest seller was Parametric Portfolio Associates, cutting an estimated $8.55M.
- 40 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q3 2016, down from 42 in Q2 2016.
- Funds reported $43.3M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q3 2016, down 15% quarter-over-quarter.
- 6 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q3 2016 and 6 closed out, a net change of 0 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q3 2016 was UBS Group, an estimated $1.45M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q3 2016 was Parametric Portfolio Associates, an estimated $8.55M sold.
Based on aggregated 13F filings for Q3 2016.