Allspring Income Opportunities Fund
EAD
65 hedge funds and large institutions have $96M invested in Allspring Income Opportunities Fund in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 21 reducing their positions, and 9 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 21
4% more capital invested
Capital invested by funds: $92.4M → $96M (+$3.57M)
0.53% less ownership
Funds ownership: 23.06% → 22.53% (-0.53%)
2% less funds holding
Funds holding: 66 → 65 (-1)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.62M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.19M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.76M |
| 4 |
MGWM
Marks Group Wealth Management
Minnetonka,
Minnesota
|
+$1.12M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$9.77M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.85M |
| 3 |
Morgan Stanley
New York
|
-$1.76M |
| 4 |
Goldman Sachs
New York
|
-$814K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$596K |
EAD Hedge Fund Activity: Q2 2020 in Review
65 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Allspring Income Opportunities Fund (EAD) for Q2 2020, worth a combined $96M — up 3.9% from $92.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EAD and 8 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 27 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.62M. The largest seller was Saba Capital Management, cutting an estimated $9.77M.
- 65 institutional investors held Allspring Income Opportunities Fund (EAD) as of Q2 2020, down from 66 in Q1 2020.
- Funds reported $96M of Allspring Income Opportunities Fund stock for Q2 2020, up 3.9% quarter-over-quarter.
- 8 funds opened new Allspring Income Opportunities Fund positions in Q2 2020 and 9 closed out, a net change of -1 holder.
- The largest Allspring Income Opportunities Fund buyer in Q2 2020 was Rivernorth Capital Management, an estimated $4.62M added.
- The largest Allspring Income Opportunities Fund seller in Q2 2020 was Saba Capital Management, an estimated $9.77M sold.
Based on aggregated 13F filings for Q2 2020.