Allspring Income Opportunities Fund
EAD
52 hedge funds and large institutions have $100M invested in Allspring Income Opportunities Fund in 2015 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 11 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
1.51% less ownership
Funds ownership: 19.76% → 18.25% (-1.5%)
7% less funds holding
Funds holding: 56 → 52 (-4)
25% less capital invested
Capital invested by funds: $133M → $100M (-$32.9M)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$6.31M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$2M |
| 3 |
EM
EnTrustPermal Management
New York
|
+$1.36M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.34M |
| 5 |
Morgan Stanley
New York
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
-$9.73M |
| 2 |
SCM
Saba Capital Management
New York
|
-$3.58M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.37M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$846K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$722K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Creative Planning
Overland Park,
Kansas
| $8K | +$8.06K | +1,012 | New |
|
|
WCM
52
Windsor Capital Management
Phoenix,
Arizona
| $3K | +$3.19K | +400 | New |
|
|
SAM
53
Scopus Asset Management
New York
| – | -$9.73M | -150,000 | Closed |
|
|
54
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$722K | -87,336 | Closed |
|
55
Goldman Sachs
New York
| – | -$227K | -27,475 | Closed |
|
56
JP Morgan Chase
New York
| – | -$190K | -23,000 | Closed |
|
|
NL
57
NWAM LLC
Mercer Island,
Washington
| – | -$107K | -13,000 | Closed |
|
|
SGCA
58
Steel Grove Capital Advisors
Memphis,
Tennessee
| – | -$98K | -11,706 | Closed |
|
|
BRWM
59
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$37K | -4,500 | Closed |
|
|
PIA
60
Peachtree Investment Advisors
Atlanta,
Georgia
| – | -$26K | -3,194 | Closed |
|
|
NMIS
61
Northwestern Mutual Investment Services
Milwaukee,
Wisconsin
| – | -$19K | -2,300 | Closed |
|
62
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$4 | -500 | Closed |
|
|
TRCT
63
Tower Research Capital (TRC)
New York
| – | -$1K | -78 | Closed |
|
EAD Hedge Fund Activity: Q3 2015 in Review
52 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Allspring Income Opportunities Fund (EAD) for Q3 2015, worth a combined $100M — down 25% from $133M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of EAD and 8 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 19 added.
The largest buyer was Invesco, opening a new position worth an estimated $6.31M. The largest seller was Scopus Asset Management, exiting entirely with an estimated $9.73M sold.
- 52 institutional investors held Allspring Income Opportunities Fund (EAD) as of Q3 2015, down from 56 in Q2 2015.
- Funds reported $100M of Allspring Income Opportunities Fund stock for Q3 2015, down 25% quarter-over-quarter.
- 8 funds opened new Allspring Income Opportunities Fund positions in Q3 2015 and 11 closed out, a net change of -3 holders.
- The largest Allspring Income Opportunities Fund buyer in Q3 2015 was Invesco, an estimated $6.31M added.
- The largest Allspring Income Opportunities Fund seller in Q3 2015 was Scopus Asset Management, an estimated $9.73M sold.
Based on aggregated 13F filings for Q3 2015.