Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
36 hedge funds and large institutions have $41.6M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 11 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
4% less capital invested
Capital invested by funds: $43.3M → $41.6M (-$1.69M)
1.63% less ownership
Funds ownership: 19.48% → 17.86% (-1.6%)
10% less funds holding
Funds holding: 40 → 36 (-4)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$2.34M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.65M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.05M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$541K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$345K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.71M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.77M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.43M |
| 4 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$1.25M |
| 5 |
RVPG
Relative Value Partners Group
|
-$878K |
SPXX Hedge Fund Activity: Q4 2016 in Review
36 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q4 2016, worth a combined $41.6M — down 3.9% from $43.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SPXX and 7 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 14 added.
The largest buyer was Northwestern Mutual Wealth Management, opening a new position worth an estimated $2.34M. The largest seller was Advisors Asset Management, cutting an estimated $2.71M.
- 36 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q4 2016, down from 40 in Q3 2016.
- Funds reported $41.6M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q4 2016, down 3.9% quarter-over-quarter.
- 7 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q4 2016 and 11 closed out, a net change of -4 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q4 2016 was Northwestern Mutual Wealth Management, an estimated $2.34M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q4 2016 was Advisors Asset Management, an estimated $2.71M sold.
Based on aggregated 13F filings for Q4 2016.