Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
45 hedge funds and large institutions have $50.7M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
13% more funds holding
Funds holding: 40 → 45 (+5)
4% more capital invested
Capital invested by funds: $48.7M → $50.7M (+$1.98M)
0.5% more ownership
Funds ownership: 18.05% → 18.55% (+0.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.07M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$955K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$660K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$523K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$445K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.02M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$217K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$135K |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$108K |
SPXX Hedge Fund Activity: Q3 2018 in Review
45 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q3 2018, worth a combined $50.7M — up 4.1% from $48.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SPXX positions and 2 closed out — a net gain of 5 holders — while 17 added to existing stakes and 8 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.07M. The largest seller was Bank of America, cutting an estimated $3.1M.
- 45 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q3 2018, up from 40 in Q2 2018.
- Funds reported $50.7M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q3 2018, up 4.1% quarter-over-quarter.
- 7 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q3 2018 and 2 closed out, a net change of +5 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q3 2018 was Wolverine Asset Management, an estimated $1.07M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q3 2018 was Bank of America, an estimated $3.1M sold.
Based on aggregated 13F filings for Q3 2018.