We are live on ! Find out more
ERC

Allspring Multi-Sector Income Fund
ERC

50 hedge funds and large institutions have $74.6M invested in Allspring Multi-Sector Income Fund in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% less capital invested

Capital invested by funds: $77.9M → $74.6M (-$3.32M)

1.56% less ownership

Funds ownership: 20.47% → 18.91% (-1.6%)

14% less funds holding

Funds holding: 58 → 50 (-8)

17% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 18

80% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 10

Holders
50
Holders Change
-8
Holders Change %
-13.79%
% of All Funds
1.09%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
2
Increased
15
Reduced
18
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LTFS
Ladenburg Thalmann Financial Services
Florida
+$758K
2
RJA
Raymond James & Associates
Florida
+$413K
3
RJFSA
Raymond James Financial Services Advisors
Florida
+$200K
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$98.4K
5
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
+$95.2K

Top Sellers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
-$2.07M
2
CCP
Clough Capital Partners
Massachusetts
-$857K
3
Kovitz Investment Group Partners
Kovitz Investment Group Partners
Illinois
-$746K
4
LCM
Landscape Capital Management
New Jersey
-$664K
5
SFS
Shaker Financial Services
Virginia
-$578K
Name Holding Trade Value Shares
Change 		Change in
Stake
Cambridge Investment Research Advisors
26
Cambridge Investment Research Advisors
Iowa
$446K +$95.2K +7,705 +28%
LPL Financial
27
LPL Financial
California
$428K – – –
AG
28
Advisor Group
Arizona
$360K -$3.01K -244 -0.8%
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$256K +$1.15K +93 +0.5%
SBIA
30
Sheaff Brock Investment Advisors
Indiana
$248K – – –
RJT
31
Raymond James Trust
Florida
$235K -$37.1K -3,000 -14%
Fiera Capital (Canada)
32
Fiera Capital (Canada)
Quebec, Canada
$199K +$10.3K +832 +6%
HCM
33
Hollencrest Capital Management
California
$133K – – –
Wells Fargo
34
Wells Fargo
California
$64K -$12 -1 -0%
PNC Financial Services Group
35
PNC Financial Services Group
Pennsylvania
$64K – – –
SPIA
36
Steward Partners Investment Advisory
New York
$39K +$39.3K +3,179 New
Citigroup
37
Citigroup
New York
$33K -$24.9K -2,016 -44%
RIA
38
RPG Investment Advisory
California
$30K – – –
QCIG
39
Quad-Cities Investment Group
Iowa
$30K +$544 +44 +2%
CFA
40
Carroll Financial Associates
North Carolina
$28K – – –
SSB
41
Sandy Spring Bank
Maryland
$21K – – –
FWM
42
Focused Wealth Management
New York
$19K – – –
CFGS
43
Concourse Financial Group Securities
Alabama
$15K – – –
FIA
44
FNY Investment Advisers
New York
$15K +$1.85K +150 +14%
GWMIA
45
Global Wealth Management Investment Advisory
Florida
$10K – – –
TFS
46
TrustCore Financial Services
Tennessee
$10K – – –
Fidelity Investments
47
Fidelity Investments
Massachusetts
$4K +$4.17K +338 +33,800%
WAS
48
Winch Advisory Services
Wisconsin
$1K +$25 +2 +2%
RAM
49
Riggs Asset Management
Pennsylvania
$1K +$519 +42 New
BlackRock
50
BlackRock
New York
– -$2.07M -171,000 Closed
1
2
3

ERC Hedge Fund Activity: Q2 2019 in Review

50 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q2 2019, worth a combined $74.6M — down 4.3% from $77.9M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of ERC and 2 opened new positions — a net loss of 8 holders — while 18 trimmed existing stakes and 15 added.

The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $758K. The largest seller was BlackRock, exiting entirely with an estimated $2.07M sold.

  • 50 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q2 2019, down from 58 in Q1 2019.
  • Funds reported $74.6M of Allspring Multi-Sector Income Fund stock for Q2 2019, down 4.3% quarter-over-quarter.
  • 2 funds opened new Allspring Multi-Sector Income Fund positions in Q2 2019 and 10 closed out, a net change of -8 holders.
  • The largest Allspring Multi-Sector Income Fund buyer in Q2 2019 was Ladenburg Thalmann Financial Services, an estimated $758K added.
  • The largest Allspring Multi-Sector Income Fund seller in Q2 2019 was BlackRock, an estimated $2.07M sold.

Based on aggregated 13F filings for Q2 2019.