We are live on ! Find out more
ERC

Allspring Multi-Sector Income Fund
ERC

64 hedge funds and large institutions have $140M invested in Allspring Multi-Sector Income Fund in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

175% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 4

17% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 18

12% more funds holding

Funds holding: 57 → 64 (+7)

4.14% more ownership

Funds ownership: 25.15% → 29.3% (+4.1%)

1% less capital invested

Capital invested by funds: $141M → $140M (-$1.46M)

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
64
Holders Change
+7
Holders Change %
+12.28%
% of All Funds
1.79%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
11
Increased
21
Reduced
18
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Invesco
Invesco
Georgia
+$7.37M
2
SIA
Sit Investment Associates
Minnesota
+$6.39M
3
SCM
Saba Capital Management
New York
+$6.23M
4
RJA
Raymond James & Associates
Florida
+$3.48M
5
RCM
Rivernorth Capital Management
Florida
+$2.27M

Top Sellers

Rank Fund Capital Flow
1
NL
NWAM LLC
Washington
-$5.71M
2
UBS Group
UBS Group
Switzerland
-$3.06M
3
SFS
Shaker Financial Services
Virginia
-$1.28M
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$772K
5
PAM
Panagora Asset Management
Massachusetts
-$415K
Name Holding Trade Value Shares
Change 		Change in
Stake
SSB
51
Sandy Spring Bank
Maryland
$57K – – –
PNC Financial Services Group
52
PNC Financial Services Group
Pennsylvania
$35K +$182 +15 +0.5%
Wells Fargo
53
Wells Fargo
California
$33K +$1.55K +128 +5%
MFS
54
MSI Financial Services
Massachusetts
$31K +$33.6K +2,765 New
Bank of Montreal
55
Bank of Montreal
Ontario, Canada
$25K +$26.8K +2,207 New
IWMPD
56
Integrated Wealth Management (Palm Desert)
California
$23K +$24.3K +2,000 New
CFA
57
Carroll Financial Associates
North Carolina
$20K – – –
FWM
58
Focused Wealth Management
New York
$17K – – –
Creative Planning
59
Creative Planning
Kansas
$10K +$10.4K +854 New
JWA
60
JFS Wealth Advisors
Pennsylvania
$9K +$9.9K +816 New
HNB
61
Huntington National Bank
Ohio
$7K – – –
TJHA
62
Thomas J. Herzfeld Advisors
Florida
$3K – – –
TRCT
63
Tower Research Capital (TRC)
New York
$2K -$2.49K -205 -54%
NL
64
NWAM LLC
Washington
– -$5.71M -451,000 Closed
PAM
65
Panagora Asset Management
Massachusetts
– -$415K -32,749 Closed
US Bancorp
66
US Bancorp
Minnesota
– -$13K -1,000 Closed
1 2
3

ERC Hedge Fund Activity: Q3 2015 in Review

64 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q3 2015, worth a combined $140M — down 1% from $141M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new ERC positions and 4 closed out — a net gain of 7 holders — while 21 added to existing stakes and 18 trimmed.

The largest buyer was Invesco, opening a new position worth an estimated $7.37M. The largest seller was NWAM LLC, exiting entirely with an estimated $5.71M sold.

  • 64 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q3 2015, up from 57 in Q2 2015.
  • Funds reported $140M of Allspring Multi-Sector Income Fund stock for Q3 2015, down 1% quarter-over-quarter.
  • 11 funds opened new Allspring Multi-Sector Income Fund positions in Q3 2015 and 4 closed out, a net change of +7 holders.
  • The largest Allspring Multi-Sector Income Fund buyer in Q3 2015 was Invesco, an estimated $7.37M added.
  • The largest Allspring Multi-Sector Income Fund seller in Q3 2015 was NWAM LLC, an estimated $5.71M sold.

Based on aggregated 13F filings for Q3 2015.