Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
231 hedge funds and large institutions have $813M invested in Nuveen S&P 500 Dynamic Overwrite Fund in 2026 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 63 increasing their positions, 92 reducing their positions, and 19 closing their positions.
42% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 19
17% more capital invested
Capital invested by funds: $693M → $813M (+$120M)
2.62% more ownership
Funds ownership: 240.1% → 242.72% (+2.6%)
2% more funds holding
Funds holding: 227 → 231 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
32% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$14.7M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$5.85M |
| 3 |
GC
GatePass Capital
Independence,
Ohio
|
+$5.62M |
| 4 |
Morgan Stanley
New York
|
+$4.34M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
+$4.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$9.16M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$6.15M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$3.98M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.31M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.66M |
SPXX Hedge Fund Activity: Q2 2026 in Review
231 of the 8,303 institutional investors tracked by Wall St. Rank reported a position in Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for Q2 2026, worth a combined $813M — up 17% from $693M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SPXX positions and 19 closed out — a net gain of 8 holders — while 63 added to existing stakes and 92 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $14.7M. The largest seller was HighTower Advisors, cutting an estimated $9.16M.
- 231 institutional investors held Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) as of Q2 2026, up from 227 in Q1 2026.
- Funds reported $813M of Nuveen S&P 500 Dynamic Overwrite Fund stock for Q2 2026, up 17% quarter-over-quarter.
- 27 funds opened new Nuveen S&P 500 Dynamic Overwrite Fund positions in Q2 2026 and 19 closed out, a net change of +8 holders.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund buyer in Q2 2026 was Saba Capital Management, an estimated $14.7M added.
- The largest Nuveen S&P 500 Dynamic Overwrite Fund seller in Q2 2026 was HighTower Advisors, an estimated $9.16M sold.
Based on aggregated 13F filings for Q2 2026.