Allspring Multi-Sector Income Fund
ERC
54 hedge funds and large institutions have $137M invested in Allspring Multi-Sector Income Fund in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 9 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
4% more capital invested
Capital invested by funds: $132M → $137M (+$5.04M)
0.67% more ownership
Funds ownership: 18.49% → 19.16% (+0.67%)
0% more funds holding
Funds holding: 54 → 54 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$5.29M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.71M |
| 3 |
SCM
Saba Capital Management
New York
|
+$1.7M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.18M |
| 5 |
Morgan Stanley
New York
|
+$824K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.14M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.92M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.56M |
| 4 |
SAM
Selway Asset Management
|
-$1.47M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
51
MUFG Americas
New York
| $7K | +$1.9K | +132 | +39% |
|
52
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $4K | -$25.2K | -1,750 | -88% |
|
|
AC
53
Alexandria Capital
Arlington,
Virginia
| $1K | – | – | – |
|
|
SAM
54
Selway Asset Management
| – | -$1.47M | -104,300 | Closed |
|
|
DA
55
Doliver Advisors
Houston,
Texas
| – | -$1.13M | -80,526 | Closed |
|
56
SG Americas Securities
New York
| – | -$501K | -35,627 | Closed |
|
|
PP
57
Paloma Partners
Greenwich,
Connecticut
| – | -$472K | -33,583 | Closed |
|
|
OFG
58
OTA Financial Group
Purchase,
New York
| – | -$248 | -17,704 | Closed |
|
|
SFS
59
Shaker Financial Services
Arlington,
Virginia
| – | -$162K | -11,532 | Closed |
|
60
First Trust Advisors
Wheaton,
Illinois
| – | -$158K | -11,268 | Closed |
|
61
US Bancorp
Minneapolis,
Minnesota
| – | -$17K | -1,200 | Closed |
|
|
TRCT
62
Tower Research Capital (TRC)
New York
| – | -$1K | -60 | Closed |
|
|
TDC
63
Thompson Davis & Co
Richmond,
Virginia
| – | +$14 | +1 | New |
|
ERC Hedge Fund Activity: Q1 2014 in Review
54 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q1 2014, worth a combined $137M — up 3.8% from $132M a quarter earlier.
Fund positioning in ERC was balanced in Q1 2014: 9 funds opened new positions, 9 closed out, 18 added to existing stakes and 15 trimmed.
The largest buyer was NWAM LLC, opening a new position worth an estimated $5.29M. The largest seller was Wolverine Asset Management, cutting an estimated $2.14M.
- 54 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $137M of Allspring Multi-Sector Income Fund stock for Q1 2014, up 3.8% quarter-over-quarter.
- 9 funds opened new Allspring Multi-Sector Income Fund positions in Q1 2014 and 9 closed out, a net change of 0 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q1 2014 was NWAM LLC, an estimated $5.29M added.
- The largest Allspring Multi-Sector Income Fund seller in Q1 2014 was Wolverine Asset Management, an estimated $2.14M sold.
Based on aggregated 13F filings for Q1 2014.