Allspring Multi-Sector Income Fund
ERC
60 hedge funds and large institutions have $141M invested in Allspring Multi-Sector Income Fund in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
7% more funds holding
Funds holding: 56 → 60 (+4)
1.5% more ownership
Funds ownership: 20.89% → 22.39% (+1.5%)
3% more capital invested
Capital invested by funds: $137M → $141M (+$3.68M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$2.96M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.19M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.37M |
| 4 |
Citigroup
New York
|
+$993K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$979K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.24M |
| 3 |
SCM
Saba Capital Management
New York
|
-$859K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$759K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$712K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Wells Fargo
San Francisco,
California
| $83K | -$759K | -54,788 | -90% |
|
|
WA
52
WFG Advisors
Dallas,
Texas
| $68K | – | – | – |
|
53
Creative Planning
Overland Park,
Kansas
| $20K | -$265K | -19,146 | -93% |
|
|
FWM
54
Focused Wealth Management
Newburgh,
New York
| $20K | – | – | – |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| $14K | -$1.11K | -80 | -7% |
|
|
MA
56
MUFG Americas
New York
| $7K | – | – | – |
|
57
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $3K | – | – | – |
|
|
TJHA
58
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $3K | – | – | – |
|
|
UFA
59
US Financial Advisors
Braintree,
Massachusetts
| $1K | +$693 | +50 | New |
|
|
MIG
60
Mariner Investment Group
Harrison,
New York
| – | -$712K | -50,977 | Closed |
|
|
VKH
61
Virtu KCG Holdings
New York
| – | -$229K | -16,376 | Closed |
|
ERC Hedge Fund Activity: Q4 2014 in Review
60 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q4 2014, worth a combined $141M — up 2.7% from $137M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ERC positions and 3 closed out — a net gain of 5 holders — while 23 added to existing stakes and 17 trimmed.
The largest buyer was Financial & Investment Management Group, adding an estimated $2.96M. The largest seller was Morgan Stanley, cutting an estimated $4M.
- 60 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q4 2014, up from 56 in Q3 2014.
- Funds reported $141M of Allspring Multi-Sector Income Fund stock for Q4 2014, up 2.7% quarter-over-quarter.
- 8 funds opened new Allspring Multi-Sector Income Fund positions in Q4 2014 and 3 closed out, a net change of +5 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q4 2014 was Financial & Investment Management Group, an estimated $2.96M added.
- The largest Allspring Multi-Sector Income Fund seller in Q4 2014 was Morgan Stanley, an estimated $4M sold.
Based on aggregated 13F filings for Q4 2014.