Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
35 hedge funds and large institutions have $46.3M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 5 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
3% more capital invested
Capital invested by funds: $44.9M → $46.3M (+$1.37M)
1.23% less ownership
Funds ownership: 17.77% → 16.55% (-1.2%)
5% less funds holding
Funds holding: 37 → 35 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$405K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$185K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$154K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$133K |
| 5 |
LPL Financial
San Diego,
California
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.6M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$874K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$571K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$423K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$401K |
SPXX Hedge Fund Activity: Q4 2017 in Review
35 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q4 2017, worth a combined $46.3M — up 3% from $44.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SPXX and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $405K. The largest seller was UBS Group, cutting an estimated $1.6M.
- 35 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q4 2017, down from 37 in Q3 2017.
- Funds reported $46.3M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q4 2017, up 3% quarter-over-quarter.
- 3 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q4 2017 and 5 closed out, a net change of -2 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q4 2017 was Raymond James Financial Services Advisors, an estimated $405K added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q4 2017 was UBS Group, an estimated $1.6M sold.
Based on aggregated 13F filings for Q4 2017.