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Nuveen S&P 500 Dynamic Overwrite Fund

51 hedge funds and large institutions have $60M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 20 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

6% more funds holding

Funds holding: 4851 (+3)

0.19% more ownership

Funds ownership: 23.2%23.39% (+0.19%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less capital invested

Capital invested by funds: $62.9M → $60M (-$2.92M)

35% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 20

Holders
51
Holders Change
+3
Holders Change %
+6.25%
% of All Funds
0.81%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
13
Reduced
20
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$9.08M +$443K +28,792 +5%
UBS Group
2
UBS Group
Switzerland
$5.99M +$571K +37,147 +10%
HWM
3
Howard Wealth Management
Connecticut
$4.17M +$25K +1,625 +0.6%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$3.84M -$112K -7,317 -3%
Invesco
5
Invesco
Georgia
$3.37M +$726K +47,223 +26%
AWS
6
Atria Wealth Solutions
New York
$3.34M -$67.4K -4,383 -2%
Morgan Stanley
7
Morgan Stanley
New York
$3.14M -$149K -9,672 -4%
GC
8
Guggenheim Capital
Illinois
$3.06M +$725K +47,176 +30%
AAM
9
Advisors Asset Management
Colorado
$2.5M -$173K -11,265 -6%
LPL Financial
10
LPL Financial
California
$2.4M +$7.13K +464 +0.3%
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$1.95M +$58.6K +3,812 +3%
CA
12
Cornerstone Advisors
North Carolina
$1.64M +$1.41M +91,802 +489%
SFS
13
Shaker Financial Services
Virginia
$1.61M -$712K -46,326 -31%
WAM
14
Wolverine Asset Management
Illinois
$1.27M -$58.9K -3,828 -4%
ACP
15
Aviance Capital Partners
Florida
$1.25M -$219K -14,255 -14%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$1.18M +$9.33K +607 +0.8%
Bank of America
17
Bank of America
North Carolina
$1.17M +$394K +25,645 +48%
Osaic Holdings
18
Osaic Holdings
Arizona
$1M +$363K +23,616 +54%
DC
19
Davenport & Co
Virginia
$925K -$6.46K -420 -0.7%
DADC
20
D.A. Davidson & Co
Montana
$868K -$14.6K -951 -2%
SDAM
21
Shulman DeMeo Asset Management
New York
$707K -$630 -41 -0.1%
Ameriprise
22
Ameriprise
Minnesota
$594K -$269K -17,516 -30%
PAG
23
Private Advisor Group
New Jersey
$501K -$41.5K -2,700 -7%
ICM
24
Ionic Capital Management
New York
$464K +$481K +31,285 New
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$412K -$2.17K -141 -0.5%

SPXX Hedge Fund Activity: Q3 2023 in Review

51 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q3 2023, worth a combined $60M — down 4.6% from $62.9M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new SPXX positions and 3 closed out — a net gain of 3 holders — while 13 added to existing stakes and 20 trimmed.

The largest buyer was Cornerstone Advisors, adding an estimated $1.41M. The largest seller was Houlihan Financial Resource Group, exiting entirely with an estimated $2.46M sold.

  • 51 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q3 2023, up from 48 in Q2 2023.
  • Funds reported $60M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q3 2023, down 4.6% quarter-over-quarter.
  • 6 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q3 2023 and 3 closed out, a net change of +3 holders.
  • The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q3 2023 was Cornerstone Advisors, an estimated $1.41M added.
  • The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q3 2023 was Houlihan Financial Resource Group, an estimated $2.46M sold.

Based on aggregated 13F filings for Q3 2023.