We are live on ! Find out more
ERC

Allspring Multi-Sector Income Fund
ERC

63 hedge funds and large institutions have $217M invested in Allspring Multi-Sector Income Fund in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

11% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 19

5% more funds holding

Funds holding: 60 → 63 (+3)

2.06% more ownership

Funds ownership: 39.03% → 41.09% (+2.1%)

2% more capital invested

Capital invested by funds: $213M → $217M (+$3.86M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
63
Holders Change
+3
Holders Change %
+5%
% of All Funds
1.57%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
10
Increased
21
Reduced
19
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$5.22M
2
SIA
Sit Investment Associates
Minnesota
+$4.71M
3
UBS Group
UBS Group
Switzerland
+$1.87M
4
COLIM
City of London Investment Management
United Kingdom
+$1.19M
5
LCM
Landscape Capital Management
New Jersey
+$1.04M

Top Sellers

Rank Fund Capital Flow
1
LCM
Laurion Capital Management
New York
-$4.66M
2
Citigroup
Citigroup
New York
-$4.54M
3
Kovitz Investment Group Partners
Kovitz Investment Group Partners
Illinois
-$3.84M
4
CRC
Curi RMB Capital
Illinois
-$715K
5
Morgan Stanley
Morgan Stanley
New York
-$468K
Name Holding Trade Value Shares
Change 		Change in
Stake
PNC Financial Services Group
51
PNC Financial Services Group
Pennsylvania
$48K +$7.57K +600 +19%
Wells Fargo
52
Wells Fargo
California
$46K -$132K -10,458 -74%
SSB
53
Sandy Spring Bank
Maryland
$32K – – –
CFA
54
Carroll Financial Associates
North Carolina
$28K – – –
Citigroup
55
Citigroup
New York
$23K -$4.54M -359,561 -100%
FWM
56
Focused Wealth Management
New York
$19K – – –
PCM
57
Penserra Capital Management
California
$8K +$1.17K +93 +16%
Creative Planning
58
Creative Planning
Kansas
$4K -$3.58K -284 -50%
IPC
59
Independent Portfolio Consultants
Florida
$4K +$3.66K +290 New
TJHA
60
Thomas J. Herzfeld Advisors
Florida
$3K – – –
SEI Investments
61
SEI Investments
Pennsylvania
$2K – – –
Kovitz Investment Group Partners
62
Kovitz Investment Group Partners
Illinois
– -$3.84M -296,326 Closed
CRC
63
Curi RMB Capital
Illinois
– -$715K -55,149 Closed
SFS
64
Shaker Financial Services
Virginia
– -$303K -23,381 Closed
CHP
65
Cable Hill Partners
Oregon
– -$1K -66 Closed
HW
66
Hedeker Wealth
Illinois
– -$1.06K -13 Closed
1 2
3

ERC Hedge Fund Activity: Q4 2016 in Review

63 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q4 2016, worth a combined $217M — up 1.8% from $213M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new ERC positions and 6 closed out — a net gain of 4 holders — while 21 added to existing stakes and 19 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $5.22M. The largest seller was Laurion Capital Management, cutting an estimated $4.66M.

  • 63 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q4 2016, up from 60 in Q3 2016.
  • Funds reported $217M of Allspring Multi-Sector Income Fund stock for Q4 2016, up 1.8% quarter-over-quarter.
  • 10 funds opened new Allspring Multi-Sector Income Fund positions in Q4 2016 and 6 closed out, a net change of +4 holders.
  • The largest Allspring Multi-Sector Income Fund buyer in Q4 2016 was Saba Capital Management, an estimated $5.22M added.
  • The largest Allspring Multi-Sector Income Fund seller in Q4 2016 was Laurion Capital Management, an estimated $4.66M sold.

Based on aggregated 13F filings for Q4 2016.