Allspring Income Opportunities Fund
EAD
68 hedge funds and large institutions have $140M invested in Allspring Income Opportunities Fund in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 14 reducing their positions, and 10 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 14
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
8% more funds holding
Funds holding: 63 → 68 (+5)
4.79% less ownership
Funds ownership: 30.61% → 25.82% (-4.8%)
9% less capital invested
Capital invested by funds: $154M → $140M (-$13.6M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$6.67M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$5.18M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.41M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.68M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$39.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$3.74M |
| 3 |
TAM
Trust Asset Management
Houston,
Texas
|
-$2.84M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$294K |
| 5 |
LPL Financial
San Diego,
California
|
-$271K |
EAD Hedge Fund Activity: Q1 2019 in Review
68 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Allspring Income Opportunities Fund (EAD) for Q1 2019, worth a combined $140M — down 8.9% from $154M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new EAD positions and 10 closed out — a net gain of 5 holders — while 30 added to existing stakes and 14 trimmed.
The largest buyer was Bramshill Investments, opening a new position worth an estimated $6.67M. The largest seller was Saba Capital Management, cutting an estimated $39.9M.
- 68 institutional investors held Allspring Income Opportunities Fund (EAD) as of Q1 2019, up from 63 in Q4 2018.
- Funds reported $140M of Allspring Income Opportunities Fund stock for Q1 2019, down 8.9% quarter-over-quarter.
- 15 funds opened new Allspring Income Opportunities Fund positions in Q1 2019 and 10 closed out, a net change of +5 holders.
- The largest Allspring Income Opportunities Fund buyer in Q1 2019 was Bramshill Investments, an estimated $6.67M added.
- The largest Allspring Income Opportunities Fund seller in Q1 2019 was Saba Capital Management, an estimated $39.9M sold.
Based on aggregated 13F filings for Q1 2019.