Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
42 hedge funds and large institutions have $46.6M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 9 reducing their positions, and 7 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 9
9% more capital invested
Capital invested by funds: $42.9M → $46.6M (+$3.7M)
1.04% more ownership
Funds ownership: 16.76% → 17.8% (+1%)
7% less funds holding
Funds holding: 45 → 42 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$2.56M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$407K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$360K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$357K |
| 5 |
LPL Financial
San Diego,
California
|
+$216K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$851K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$175K |
| 3 |
OC
Oppenheimer & Co
New York
|
-$175K |
| 4 |
Morgan Stanley
New York
|
-$115K |
| 5 |
PGWM
Parisi Gray Wealth Management
Mendham,
New Jersey
|
-$77K |
SPXX Hedge Fund Activity: Q2 2019 in Review
42 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q2 2019, worth a combined $46.6M — up 8.6% from $42.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SPXX and 4 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 19 added.
The largest buyer was Private Advisor Group, adding an estimated $2.56M. The largest seller was Advisors Asset Management, exiting entirely with an estimated $851K sold.
- 42 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q2 2019, down from 45 in Q1 2019.
- Funds reported $46.6M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q2 2019, up 8.6% quarter-over-quarter.
- 4 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q2 2019 and 7 closed out, a net change of -3 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q2 2019 was Private Advisor Group, an estimated $2.56M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q2 2019 was Advisors Asset Management, an estimated $851K sold.
Based on aggregated 13F filings for Q2 2019.