Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
40 hedge funds and large institutions have $48.5M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
8% more funds holding
Funds holding: 37 → 40 (+3)
1.28% more ownership
Funds ownership: 16.77% → 18.05% (+1.3%)
4% more capital invested
Capital invested by funds: $46.4M → $48.5M (+$2.04M)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.32M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.31M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.32M |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$914K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$779K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.09M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.02M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$678K |
| 4 |
Morgan Stanley
New York
|
-$614K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$348K |
SPXX Hedge Fund Activity: Q2 2018 in Review
40 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q2 2018, worth a combined $48.5M — up 4.4% from $46.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SPXX positions and 3 closed out — a net gain of 4 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Bank of America, adding an estimated $2.32M. The largest seller was UBS Group, cutting an estimated $1.09M.
- 40 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q2 2018, up from 37 in Q1 2018.
- Funds reported $48.5M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q2 2018, up 4.4% quarter-over-quarter.
- 7 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q2 2018 and 3 closed out, a net change of +4 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q2 2018 was Bank of America, an estimated $2.32M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q2 2018 was UBS Group, an estimated $1.09M sold.
Based on aggregated 13F filings for Q2 2018.