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Nuveen S&P 500 Dynamic Overwrite Fund

51 hedge funds and large institutions have $39.7M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 4

9% more funds holding

Funds holding: 4751 (+4)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.1% less ownership

Funds ownership: 21.04%19.94% (-1.1%)

31% less capital invested

Capital invested by funds: $57.4M → $39.7M (-$17.7M)

47% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 19

Holders
51
Holders Change
+4
Holders Change %
+8.51%
% of All Funds
1.12%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
10
Reduced
19
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$7.3M -$1.53M -102,509 -14%
Wells Fargo
2
Wells Fargo
California
$4.73M -$1.46M -97,617 -19%
HWM
3
Howard Wealth Management
Connecticut
$3.83M +$72K +4,821 +1%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$3.16M +$171K +11,442 +4%
Morgan Stanley
5
Morgan Stanley
New York
$2.37M -$25.3K -1,693 -0.8%
Invesco
6
Invesco
Georgia
$2.31M -$2.08K -139 -0.1%
SFS
7
Shaker Financial Services
Virginia
$1.39M +$1.35M +90,383 +306%
Stifel Financial
8
Stifel Financial
Missouri
$1.14M -$74K -4,952 -5%
Northwestern Mutual Wealth Management
9
Northwestern Mutual Wealth Management
Wisconsin
$1.13M +$278K +18,605 +24%
PAG
10
Private Advisor Group
New Jersey
$1.04M -$1.91M -128,127 -59%
GC
11
Guggenheim Capital
Illinois
$983K +$581K +38,873 +85%
ACP
12
Aviance Capital Partners
Florida
$979K -$107K -7,140 -8%
LPL Financial
13
LPL Financial
California
$950K -$20.7K -1,387 -2%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$745K -$62.4K -4,174 -6%
SDAM
15
Shulman DeMeo Asset Management
New York
$717K -$28.7K -1,919 -3%
ICM
16
Ionic Capital Management
New York
$672K +$868K +58,063 New
DC
17
Davenport & Co
Virginia
$662K -$27.2K -1,823 -3%
WAM
18
Wolverine Asset Management
Illinois
$648K +$836K +55,967 New
AAM
19
Advisors Asset Management
Colorado
$538K +$60.7K +4,060 +10%
Bank of America
20
Bank of America
North Carolina
$464K -$1.72K -115 -0.3%
OFG
21
OTA Financial Group
New York
$402K +$519K +34,737 New
RJA
22
Raymond James & Associates
Florida
$369K +$34.7K +2,325 +8%
Osaic Holdings
23
Osaic Holdings
Arizona
$360K +$465K +31,141 New
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$342K -$42.6K -2,850 -9%
SBIA
25
Sheaff Brock Investment Advisors
Indiana
$296K -$29.9K -2,000 -7%

SPXX Hedge Fund Activity: Q1 2020 in Review

51 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q1 2020, worth a combined $39.7M — down 31% from $57.4M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new SPXX positions and 4 closed out — a net gain of 6 holders — while 10 added to existing stakes and 19 trimmed.

The largest buyer was Shaker Financial Services, adding an estimated $1.35M. The largest seller was Private Advisor Group, cutting an estimated $1.91M.

  • 51 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q1 2020, up from 47 in Q4 2019.
  • Funds reported $39.7M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q1 2020, down 31% quarter-over-quarter.
  • 10 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q1 2020 and 4 closed out, a net change of +6 holders.
  • The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q1 2020 was Shaker Financial Services, an estimated $1.35M added.
  • The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q1 2020 was Private Advisor Group, an estimated $1.91M sold.

Based on aggregated 13F filings for Q1 2020.