Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
38 hedge funds and large institutions have $45.4M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
6% more funds holding
Funds holding: 36 → 38 (+2)
1.73% less ownership
Funds ownership: 20.05% → 18.31% (-1.7%)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
57% less capital inflows, than outflows
Capital inflows: $3.24M | Capital outflows: $7.55M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$749K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$513K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$450K |
| 4 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$440K |
| 5 |
Shaker Financial Services
Arlington,
Virginia
|
+$356K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$3.26M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.47M |
| 3 |
Advisors Asset Management
Monument,
Colorado
|
-$1.09M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$719K |
| 5 |
Guggenheim Capital
Chicago,
Illinois
|
-$223K |
SPXX Hedge Fund Activity: Q2 2017 in Review
38 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q2 2017, worth a combined $45.4M — down 5.2% from $47.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPXX positions and 2 closed out — a net gain of 2 holders — while 9 added to existing stakes and 16 trimmed.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $749K. The largest seller was LPL Financial, cutting an estimated $3.26M.
- 38 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q2 2017, up from 36 in Q1 2017.
- Funds reported $45.4M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q2 2017, down 5.2% quarter-over-quarter.
- 4 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q2 2017 and 2 closed out, a net change of +2 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q2 2017 was Bank of Nova Scotia, an estimated $749K added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q2 2017 was LPL Financial, an estimated $3.26M sold.
Based on aggregated 13F filings for Q2 2017.