We are live on ! Find out more
ERC

Allspring Multi-Sector Income Fund
ERC

54 hedge funds and large institutions have $132M invested in Allspring Multi-Sector Income Fund in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

500% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 3

35% more funds holding

Funds holding: 40 → 54 (+14)

14% more capital invested

Capital invested by funds: $116M → $132M (+$16.5M)

3.55% more ownership

Funds ownership: 14.94% → 18.49% (+3.6%)

26% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 19

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
54
Holders Change
+14
Holders Change %
+35%
% of All Funds
1.57%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
18
Increased
14
Reduced
19
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$16.8M
2
RCM
Rivernorth Capital Management
Florida
+$4.87M
3
1CP
1607 Capital Partners
Virginia
+$2.43M
4
WAM
Wolverine Asset Management
Illinois
+$1M
5
AQR Capital Management
AQR Capital Management
Connecticut
+$710K

Top Sellers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
-$3.86M
2
AAM
Advisors Asset Management
Colorado
-$2.57M
3
FIMG
Financial & Investment Management Group
Michigan
-$1.31M
4
Cohen & Steers
Cohen & Steers
New York
-$1,000K
5
GC
Guggenheim Capital
Illinois
-$998K
Name Holding Trade Value Shares
Change 		Change in
Stake
SI
26
SII Investments
Wisconsin
$605K -$19.3K -1,364 -3%
LCM
27
Landscape Capital Management
New Jersey
$596K +$599K +42,408 New
AR
28
Advisory Research
Illinois
$534K -$356K -25,160 -40%
SG Americas Securities
29
SG Americas Securities
New York
$501K +$503K +35,627 New
PP
30
Paloma Partners
Connecticut
$472K +$475K +33,583 New
FFA
31
First Foundation Advisors
California
$456K +$44.1K +3,123 +11%
HCM
32
Hollencrest Capital Management
California
$447K +$449K +31,790 New
AA
33
Ancora Advisors
Ohio
$274K +$276K +19,500 New
TC
34
TFS Capital
Pennsylvania
$268K +$269K +19,036 New
OA
35
Oxbow Advisors
Texas
$228K +$230K +16,245 New
OC
36
Oppenheimer & Co
New York
$210K -$13.2K -931 -6%
Goldman Sachs
37
Goldman Sachs
New York
$189K -$122K -8,657 -39%
SFS
38
Shaker Financial Services
Virginia
$162K -$187K -13,205 -53%
First Trust Advisors
39
First Trust Advisors
Illinois
$158K -$50.2K -3,550 -24%
IAS
40
IMA Advisory Services
Colorado
$158K – – –
LTFS
41
Ladenburg Thalmann Financial Services
Florida
$127K +$28.8K +2,038 +29%
AP
42
Advisors Preferred
Maryland
$92K +$93.1K +6,588 New
WEC
43
Winslow Evans & Crocker
Massachusetts
$85K +$85.2K +6,028 New
TJHA
44
Thomas J. Herzfeld Advisors
Florida
$60K +$60.8K +4,300 New
Bank of Montreal
45
Bank of Montreal
Ontario, Canada
$38K +$38.7K +2,735 New
Northwestern Mutual Wealth Management
46
Northwestern Mutual Wealth Management
Wisconsin
$28K +$28.3K +2,000 New
TFMS
47
Trust & Fiduciary Management Services
Massachusetts
$20K – – –
US Bancorp
48
US Bancorp
Minnesota
$17K +$17K +1,200 New
AIG
49
American International Group
New York
$16.7K -$61.2K -4,331 -78%
Creative Planning
50
Creative Planning
Kansas
$9K -$12.7K -900 -60%
1
2
3

ERC Hedge Fund Activity: Q4 2013 in Review

54 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q4 2013, worth a combined $132M — up 14% from $116M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new ERC positions and 3 closed out — a net gain of 15 holders — while 14 added to existing stakes and 19 trimmed.

The largest buyer was Saba Capital Management, opening a new position worth an estimated $16.8M. The largest seller was Sit Investment Associates, cutting an estimated $3.86M.

  • 54 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q4 2013, up from 40 in Q3 2013.
  • Funds reported $132M of Allspring Multi-Sector Income Fund stock for Q4 2013, up 14% quarter-over-quarter.
  • 18 funds opened new Allspring Multi-Sector Income Fund positions in Q4 2013 and 3 closed out, a net change of +15 holders.
  • The largest Allspring Multi-Sector Income Fund buyer in Q4 2013 was Saba Capital Management, an estimated $16.8M added.
  • The largest Allspring Multi-Sector Income Fund seller in Q4 2013 was Sit Investment Associates, an estimated $3.86M sold.

Based on aggregated 13F filings for Q4 2013.