Allspring Income Opportunities Fund
EAD
66 hedge funds and large institutions have $92.6M invested in Allspring Income Opportunities Fund in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 25 increasing their positions, 15 reducing their positions, and 11 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 15
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
8% more funds holding
Funds holding: 61 → 66 (+5)
2.8% more ownership
Funds ownership: 20.3% → 23.1% (+2.8%)
14% less capital invested
Capital invested by funds: $107M → $92.6M (-$14.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$18.9M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$9.46M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.73M |
| 4 |
Goldman Sachs
New York
|
+$1.56M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$672K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$18.3M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.95M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$778K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$497K |
| 5 |
CF
Copperwynd Financial
Scottsdale,
Arizona
|
-$287K |
EAD Hedge Fund Activity: Q1 2020 in Review
66 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Allspring Income Opportunities Fund (EAD) for Q1 2020, worth a combined $92.6M — down 14% from $107M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new EAD positions and 11 closed out — a net gain of 7 holders — while 25 added to existing stakes and 15 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $18.9M. The largest seller was UBS Group, cutting an estimated $18.3M.
- 66 institutional investors held Allspring Income Opportunities Fund (EAD) as of Q1 2020, up from 61 in Q4 2019.
- Funds reported $92.6M of Allspring Income Opportunities Fund stock for Q1 2020, down 14% quarter-over-quarter.
- 18 funds opened new Allspring Income Opportunities Fund positions in Q1 2020 and 11 closed out, a net change of +7 holders.
- The largest Allspring Income Opportunities Fund buyer in Q1 2020 was Saba Capital Management, an estimated $18.9M added.
- The largest Allspring Income Opportunities Fund seller in Q1 2020 was UBS Group, an estimated $18.3M sold.
Based on aggregated 13F filings for Q1 2020.