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EAD

Allspring Income Opportunities Fund

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.

New
Increased
Maintained
Reduced
Closed

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: 4750 (+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

Holders
50
Holders Change
+3
Holders Change %
+6.38%
% of All Funds
1.62%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
13
Reduced
15
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$13.7M -$1.28M -143,331 -9%
SCM
2
Saba Capital Management
New York
$12.2M +$12.2M +1,357,628 New
Invesco
3
Invesco
Georgia
$6.26M
U
4
UBS
Switzerland
$5.29M -$5.8M -647,903 -52%
Morgan Stanley
5
Morgan Stanley
New York
$3.23M +$182K +20,360 +6%
Cohen & Steers
6
Cohen & Steers
New York
$2.29M +$177K +19,774 +8%
TAM
7
Third Avenue Management
New York
$2.1M +$2.09M +232,918 New
SAM
8
Selway Asset Management
$1.94M +$1.93M +215,100 New
Bank of America
9
Bank of America
North Carolina
$1.77M -$789K -88,067 -31%
LPL Financial
10
LPL Financial
California
$1.58M -$904K -100,892 -36%
PPA
11
Parametric Portfolio Associates
Washington
$1.08M +$1.08M +120,415 New
Ameriprise
12
Ameriprise
Minnesota
$988K +$34.5K +3,852 +4%
HNB
13
Huntington National Bank
Ohio
$962K
SFS
14
Shaker Financial Services
Virginia
$895K +$399K +44,500 +81%
AAM
15
Advisors Asset Management
Colorado
$833K -$664K -74,131 -44%
WAM
16
Wolverine Asset Management
Illinois
$694K +$665K +74,277 +2,589%
ICAS
17
Investors Capital Advisory Services
Massachusetts
$687K +$485K +54,104 +243%
RCM
18
Rivernorth Capital Management
Florida
$489K +$486K +54,302 New
Wells Fargo
19
Wells Fargo
California
$428K +$6.42K +717 +2%
NPC
20
National Planning Corporation
California
$422K +$419K +46,820 New
OC
21
Oppenheimer & Co
New York
$355K -$346K -38,585 -49%
DA
22
Doliver Advisors
Texas
$339K +$164K +18,351 +95%
Bank of Montreal
23
Bank of Montreal
Ontario, Canada
$263K
B
24
Baird
Wisconsin
$236K +$234K +26,167 New
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$182K -$28.7K -3,202 -14%

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.