Allspring Multi-Sector Income Fund
ERC
56 hedge funds and large institutions have $137M invested in Allspring Multi-Sector Income Fund in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 27 increasing their positions, 17 reducing their positions, and 10 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 17
0.52% more ownership
Funds ownership: 20.37% → 20.89% (+0.52%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $145M → $137M (-$8.24M)
10% less funds holding
Funds holding: 62 → 56 (-6)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.63M |
| 2 |
Morgan Stanley
New York
|
+$1.09M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$768K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$401K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$342K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.56M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$603K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$592K |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$565K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$522K |
ERC Hedge Fund Activity: Q3 2014 in Review
56 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q3 2014, worth a combined $137M — down 5.7% from $145M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ERC and 4 opened new positions — a net loss of 6 holders — while 17 trimmed existing stakes and 27 added.
The largest buyer was Saba Capital Management, adding an estimated $3.63M. The largest seller was Guggenheim Capital, cutting an estimated $1.56M.
- 56 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q3 2014, down from 62 in Q2 2014.
- Funds reported $137M of Allspring Multi-Sector Income Fund stock for Q3 2014, down 5.7% quarter-over-quarter.
- 4 funds opened new Allspring Multi-Sector Income Fund positions in Q3 2014 and 10 closed out, a net change of -6 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q3 2014 was Saba Capital Management, an estimated $3.63M added.
- The largest Allspring Multi-Sector Income Fund seller in Q3 2014 was Guggenheim Capital, an estimated $1.56M sold.
Based on aggregated 13F filings for Q3 2014.