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ERC

Allspring Multi-Sector Income Fund

70 hedge funds and large institutions have $62.7M invested in Allspring Multi-Sector Income Fund in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

29% more capital invested

Capital invested by funds: $48.6M → $62.7M (+$14.2M)

6% more funds holding

Funds holding: 6670 (+4)

5.16% more ownership

Funds ownership: 19.26%24.42% (+5.2%)

9% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 22

Holders
70
Holders Change
+4
Holders Change %
+6.06%
% of All Funds
1.01%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
24
Reduced
22
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
IFG
26
Independent Financial Group
California
$485K +$33.3K +3,600 +8%
Osaic Holdings
27
Osaic Holdings
Arizona
$484K -$30.3K -3,279 -6%
COLIM
28
City of London Investment Management
United Kingdom
$471K +$455K +49,207 New
CIA
29
Capital Investment Advisors
Georgia
$454K -$13.5K -1,457 -3%
Calamos Advisors
30
Calamos Advisors
Illinois
$452K +$302K +32,677 +225%
PGFC
31
Peapack-Gladstone Financial Corp
New Jersey
$429K -$8.91K -964 -2%
GC
32
Guggenheim Capital
Illinois
$371K -$253K -27,354 -41%
NA
33
NewEdge Advisors
Louisiana
$337K -$16.6K -1,800 -5%
UCI
34
Uncommon Cents Investing
Wisconsin
$336K
Cambridge Investment Research Advisors
35
Cambridge Investment Research Advisors
Iowa
$284K +$213 +23 +0.1%
SAM
36
Selway Asset Management
$260K
Mariner
37
Mariner
Kansas
$254K
CL
38
Choreo LLC
Illinois
$239K +$20.2K +2,182 +10%
PAG
39
Private Advisor Group
New Jersey
$238K -$20.8K -2,250 -8%
LPL Financial
40
LPL Financial
California
$222K -$8.28K -896 -4%
Cetera Investment Advisers
41
Cetera Investment Advisers
Illinois
$216K +$62.9K +6,803 +43%
EH
42
Equitable Holdings
New York
$203K +$196K +21,191 New
MC
43
Moors & Cabot
Massachusetts
$172K +$39.8K +4,300 +31%
KWM
44
Kingsview Wealth Management
Oregon
$145K
CIA
45
Concurrent Investment Advisors
Florida
$132K -$74 -8 -0.1%
Commonwealth Equity Services
46
Commonwealth Equity Services
Massachusetts
$129K -$1.14K -123 -0.9%
DAS
47
Dynamic Advisor Solutions
Arizona
$128K +$4.82K +521 +4%
EMAM
48
Encompass More Asset Management
California
$127K +$123K +13,261 New
NL
49
NWAM LLC
Washington
$123K
Bessemer Group
50
Bessemer Group
New Jersey
$115K +$111K +12,000 New

ERC Hedge Fund Activity: Q3 2024 in Review

70 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q3 2024, worth a combined $62.7M — up 29% from $48.6M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new ERC positions and 6 closed out — a net gain of 5 holders — while 24 added to existing stakes and 22 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $3.07M. The largest seller was Advisors Asset Management, cutting an estimated $290K.

  • 70 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q3 2024, up from 66 in Q2 2024.
  • Funds reported $62.7M of Allspring Multi-Sector Income Fund stock for Q3 2024, up 29% quarter-over-quarter.
  • 11 funds opened new Allspring Multi-Sector Income Fund positions in Q3 2024 and 6 closed out, a net change of +5 holders.
  • The largest Allspring Multi-Sector Income Fund buyer in Q3 2024 was Sit Investment Associates, an estimated $3.07M added.
  • The largest Allspring Multi-Sector Income Fund seller in Q3 2024 was Advisors Asset Management, an estimated $290K sold.

Based on aggregated 13F filings for Q3 2024.