Allspring Multi-Sector Income Fund
ERC
62 hedge funds and large institutions have $145M invested in Allspring Multi-Sector Income Fund in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
15% more funds holding
Funds holding: 54 → 62 (+8)
6% more capital invested
Capital invested by funds: $137M → $145M (+$8.23M)
1.21% more ownership
Funds ownership: 19.16% → 20.37% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Selway Asset Management
|
+$2.9M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$2.41M |
| 3 |
SCM
Saba Capital Management
New York
|
+$2.25M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.45M |
| 5 |
KSCM
Kamunting Street Capital Management
Miami Beach,
Florida
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.76M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.33M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.49M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.23M |
| 5 |
BCMU
BlueCrest Capital Management (UK)
St. Peter Port,
Guernsey
|
-$313K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
51
Winslow Evans & Crocker
Boston,
Massachusetts
| $90.6K | +$398 | +27 | +0.4% |
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| $41K | – | – | – |
|
|
BIM
53
BlackRock Investment Management
Wilmington,
Delaware
| $30K | +$29.5K | +2,000 | New |
|
|
FWM
54
Focused Wealth Management
Newburgh,
New York
| $22K | +$22.1K | +1,500 | New |
|
|
TJHA
55
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $19K | -$44.2K | -3,000 | -70% |
|
|
TCM
56
TD Capital Management
Memphis,
Tennessee
| $10K | +$10.2K | +690 | New |
|
57
Creative Planning
Overland Park,
Kansas
| $9K | – | – | – |
|
|
MA
58
MUFG Americas
New York
| $7K | +$88 | +6 | +1% |
|
59
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $4K | – | – | – |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| $2K | +$1.87K | +127 | New |
|
|
AC
61
Alexandria Capital
Arlington,
Virginia
| $1K | – | – | – |
|
|
BCMU
62
BlueCrest Capital Management (UK)
St. Peter Port,
Guernsey
| – | -$313K | -21,564 | Closed |
|
|
TFMS
63
Trust & Fiduciary Management Services
Boston,
Massachusetts
| – | -$20K | -1,400 | Closed |
|
ERC Hedge Fund Activity: Q2 2014 in Review
62 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q2 2014, worth a combined $145M — up 6% from $137M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ERC positions and 2 closed out — a net gain of 8 holders — while 22 added to existing stakes and 17 trimmed.
The largest buyer was Selway Asset Management, opening a new position worth an estimated $2.9M. The largest seller was Sit Investment Associates, cutting an estimated $2.76M.
- 62 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q2 2014, up from 54 in Q1 2014.
- Funds reported $145M of Allspring Multi-Sector Income Fund stock for Q2 2014, up 6% quarter-over-quarter.
- 10 funds opened new Allspring Multi-Sector Income Fund positions in Q2 2014 and 2 closed out, a net change of +8 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q2 2014 was Selway Asset Management, an estimated $2.9M added.
- The largest Allspring Multi-Sector Income Fund seller in Q2 2014 was Sit Investment Associates, an estimated $2.76M sold.
Based on aggregated 13F filings for Q2 2014.