Allspring Income Opportunities Fund
EAD
68 hedge funds and large institutions have $116M invested in Allspring Income Opportunities Fund in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 9 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 19
21% more capital invested
Capital invested by funds: $96M → $116M (+$20.2M)
1.81% more ownership
Funds ownership: 21.7% → 23.51% (+1.8%)
4% less funds holding
Funds holding: 71 → 68 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.52M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$2.47M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.45M |
| 4 |
Cohen & Steers
New York
|
+$746K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$650K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.67M |
| 2 |
Morgan Stanley
New York
|
-$702K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$507K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$374K |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$319K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wells Fargo
San Francisco,
California
| – | -$15 | -2 | Closed |
|
|
MF
77
Manchester Financial
Westlake Village,
California
| – | +$8 | +1 | +3% |
|
EAD Hedge Fund Activity: Q4 2020 in Review
68 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Allspring Income Opportunities Fund (EAD) for Q4 2020, worth a combined $116M — up 21% from $96M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EAD and 6 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 28 added.
The largest buyer was Saba Capital Management, adding an estimated $5.52M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.67M.
- 68 institutional investors held Allspring Income Opportunities Fund (EAD) as of Q4 2020, down from 71 in Q3 2020.
- Funds reported $116M of Allspring Income Opportunities Fund stock for Q4 2020, up 21% quarter-over-quarter.
- 6 funds opened new Allspring Income Opportunities Fund positions in Q4 2020 and 9 closed out, a net change of -3 holders.
- The largest Allspring Income Opportunities Fund buyer in Q4 2020 was Saba Capital Management, an estimated $5.52M added.
- The largest Allspring Income Opportunities Fund seller in Q4 2020 was Rivernorth Capital Management, an estimated $1.67M sold.
Based on aggregated 13F filings for Q4 2020.