Allspring Income Opportunities Fund
EAD
50 hedge funds and large institutions have $61M invested in Allspring Income Opportunities Fund in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
11% more capital invested
Capital invested by funds: $54.9M → $61M (+$6.14M)
6% more funds holding
Funds holding: 47 → 50 (+3)
1.41% more ownership
Funds ownership: 7.02% → 8.43% (+1.4%)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| 1 |
SCM
Saba Capital Management
New York
|
+$12.2M |
| 2 |
TAM
Third Avenue Management
New York
|
+$2.09M |
| 3 |
SAM
Selway Asset Management
|
+$1.93M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.08M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$665K |
Top Sellers
| 1 |
U
UBS
Zurich,
Switzerland
|
-$5.8M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.28M |
| 3 |
LPL Financial
San Diego,
California
|
-$904K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$789K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$664K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFS
51
Signator Financial Services
Boston,
Massachusetts
| $5K | – | – | – |
|
|
NES
52
New England Securities
New York
| $1K | – | – | – |
|
|
SB
53
Suntrust Banks
Atlanta,
Georgia
| – | -$326K | -34,439 | Closed |
|
|
RJA
54
Raymond James & Associates
St Petersburg,
Florida
| – | -$250K | -26,401 | Closed |
|
55
JP Morgan Chase
New York
| – | -$237K | -25,000 | Closed |
|
56
BNP Paribas Financial Markets
Paris,
France
| – | -$161K | -16,982 | Closed |
|
|
PP
57
Paloma Partners
Greenwich,
Connecticut
| – | -$135K | -14,300 | Closed |
|
58
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$105K | -11,120 | Closed |
|
|
PWPCM
59
Perella Weinberg Partners Capital Management
New York
| – | -$105K | -11,120 | Closed |
|
EAD Hedge Fund Activity: Q3 2013 in Review
50 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Allspring Income Opportunities Fund (EAD) for Q3 2013, worth a combined $61M — up 11% from $54.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new EAD positions and 7 closed out — a net gain of 3 holders — while 13 added to existing stakes and 15 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $12.2M. The largest seller was UBS, cutting an estimated $5.8M.
- 50 institutional investors held Allspring Income Opportunities Fund (EAD) as of Q3 2013, up from 47 in Q2 2013.
- Funds reported $61M of Allspring Income Opportunities Fund stock for Q3 2013, up 11% quarter-over-quarter.
- 10 funds opened new Allspring Income Opportunities Fund positions in Q3 2013 and 7 closed out, a net change of +3 holders.
- The largest Allspring Income Opportunities Fund buyer in Q3 2013 was Saba Capital Management, an estimated $12.2M added.
- The largest Allspring Income Opportunities Fund seller in Q3 2013 was UBS, an estimated $5.8M sold.
Based on aggregated 13F filings for Q3 2013.