Allspring Income Opportunities Fund
EAD
50 hedge funds and large institutions have $82.3M invested in Allspring Income Opportunities Fund in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 11 closing their positions.
35% more capital invested
Capital invested by funds: $61M → $82.3M (+$21.2M)
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
3.26% more ownership
Funds ownership: 8.43% → 11.69% (+3.3%)
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
0% more funds holding
Funds holding: 50 → 50 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$18.2M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$1.25M |
| 3 |
KSCM
Kamunting Street Capital Management
Miami Beach,
Florida
|
+$1.17M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$730K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$665K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$694K |
| 2 |
Cohen & Steers
New York
|
-$509K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$489K |
| 4 |
OC
Oppenheimer & Co
New York
|
-$355K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$339K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $5 | +$4.52K | +500 | New |
|
|
WAM
52
Wolverine Asset Management
Chicago,
Illinois
| – | -$694K | -77,146 | Closed |
|
|
RCM
53
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$489K | -54,302 | Closed |
|
|
OC
54
Oppenheimer & Co
New York
| – | -$355K | -39,454 | Closed |
|
|
DA
55
Doliver Advisors
Houston,
Texas
| – | -$339K | -37,637 | Closed |
|
56
Nomura Holdings
Tokyo,
Japan
| – | -$160K | -17,751 | Closed |
|
|
IH
57
IFC Holdings
Tampa,
Florida
| – | -$114K | -12,792 | Closed |
|
|
WS
58
Wedbush Securities
Los Angeles,
California
| – | -$97K | -10,726 | Closed |
|
|
PFO
59
Pathstone Family Office
Englewood,
New Jersey
| – | -$62K | -6,863 | Closed |
|
60
M&T Bank
Buffalo,
New York
| – | -$36K | -4,035 | Closed |
|
61
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$13K | -1,400 | Closed |
|
|
CTC
62
Central Trust Company
Jefferson City,
Missouri
| – | -$6K | -700 | Closed |
|
|
MA
63
MUFG Americas
New York
| – | +$488 | +54 | New |
|
EAD Hedge Fund Activity: Q4 2013 in Review
50 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Allspring Income Opportunities Fund (EAD) for Q4 2013, worth a combined $82.3M — up 35% from $61M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new EAD positions and 11 closed out — a net gain of 2 holders — while 17 added to existing stakes and 16 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $18.2M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $694K sold.
- 50 institutional investors held Allspring Income Opportunities Fund (EAD) as of Q4 2013, unchanged from Q3 2013.
- Funds reported $82.3M of Allspring Income Opportunities Fund stock for Q4 2013, up 35% quarter-over-quarter.
- 13 funds opened new Allspring Income Opportunities Fund positions in Q4 2013 and 11 closed out, a net change of +2 holders.
- The largest Allspring Income Opportunities Fund buyer in Q4 2013 was Saba Capital Management, an estimated $18.2M added.
- The largest Allspring Income Opportunities Fund seller in Q4 2013 was Wolverine Asset Management, an estimated $694K sold.
Based on aggregated 13F filings for Q4 2013.