Allspring Multi-Sector Income Fund
ERC
57 hedge funds and large institutions have $34.8M invested in Allspring Multi-Sector Income Fund in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 11 closing their positions.
0.26% more ownership
Funds ownership: 13.36% → 13.61% (+0.26%)
5% less capital invested
Capital invested by funds: $36.5M → $34.8M (-$1.71M)
5% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 19
7% less funds holding
Funds holding: 61 → 57 (-4)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
+$747K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$494K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$440K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$327K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$278K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.05M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$459K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$196K |
| 4 |
Morgan Stanley
New York
|
-$129K |
| 5 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$127K |
ERC Hedge Fund Activity: Q1 2023 in Review
57 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q1 2023, worth a combined $34.8M — down 4.7% from $36.5M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of ERC and 8 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 18 added.
The largest buyer was Peapack-Gladstone Financial Corp, opening a new position worth an estimated $747K. The largest seller was Invesco, cutting an estimated $1.05M.
- 57 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q1 2023, down from 61 in Q4 2022.
- Funds reported $34.8M of Allspring Multi-Sector Income Fund stock for Q1 2023, down 4.7% quarter-over-quarter.
- 8 funds opened new Allspring Multi-Sector Income Fund positions in Q1 2023 and 11 closed out, a net change of -3 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q1 2023 was Peapack-Gladstone Financial Corp, an estimated $747K added.
- The largest Allspring Multi-Sector Income Fund seller in Q1 2023 was Invesco, an estimated $1.05M sold.
Based on aggregated 13F filings for Q1 2023.