Allspring Multi-Sector Income Fund
ERC
60 hedge funds and large institutions have $38.2M invested in Allspring Multi-Sector Income Fund in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 26 reducing their positions, and 5 closing their positions.
0.46% less ownership
Funds ownership: 15.4% → 14.94% (-0.46%)
5% less capital invested
Capital invested by funds: $40M → $38.2M (-$1.86M)
3% less funds holding
Funds holding: 62 → 60 (-2)
38% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 26
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$860K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$525K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$414K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$133K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$97K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.15M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$396K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$294K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$267K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$235K |
ERC Hedge Fund Activity: Q3 2023 in Review
60 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q3 2023, worth a combined $38.2M — down 4.7% from $40M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ERC and 3 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 16 added.
The largest buyer was Raymond James & Associates, adding an estimated $860K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.15M sold.
- 60 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q3 2023, down from 62 in Q2 2023.
- Funds reported $38.2M of Allspring Multi-Sector Income Fund stock for Q3 2023, down 4.7% quarter-over-quarter.
- 3 funds opened new Allspring Multi-Sector Income Fund positions in Q3 2023 and 5 closed out, a net change of -2 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q3 2023 was Raymond James & Associates, an estimated $860K added.
- The largest Allspring Multi-Sector Income Fund seller in Q3 2023 was Wolverine Asset Management, an estimated $1.15M sold.
Based on aggregated 13F filings for Q3 2023.