Allspring Multi-Sector Income Fund
ERC
57 hedge funds and large institutions have $144M invested in Allspring Multi-Sector Income Fund in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 16
4.28% more ownership
Funds ownership: 27.74% → 32.02% (+4.3%)
0% more funds holding
Funds holding: 57 → 57 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
6% less capital invested
Capital invested by funds: $153M → $144M (-$9.46M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$2.55M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.05M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$914K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$796K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$695K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.86M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$2.11M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.96M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.48M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$872K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSB
51
Sandy Spring Bank
Olney,
Maryland
| $22K | – | – | – |
|
|
FWM
52
Focused Wealth Management
Newburgh,
New York
| $20K | – | – | – |
|
|
RWA
53
Ropes Wealth Advisors
Boston,
Massachusetts
| $13K | – | – | – |
|
54
Citigroup
New York
| $3K | -$20K | -1,526 | -88% |
|
|
CA
55
Calton & Associates
Tampa,
Florida
| $3K | +$3.69K | +282 | New |
|
56
Kovitz Investment Group Partners
Chicago,
Illinois
| $2.54K | -$49.6K | -3,786 | -2% |
|
|
RCM
57
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$1.48M | -110,653 | Closed |
|
58
Millennium Management
New York
| – | -$677K | -50,427 | Closed |
|
|
SI
59
SII Investments
Appleton,
Wisconsin
| – | -$515K | -38,605 | Closed |
|
|
CRC
60
Curi RMB Capital
Chicago,
Illinois
| – | -$165K | -12,330 | Closed |
|
61
First Trust Advisors
Wheaton,
Illinois
| – | -$142K | -10,584 | Closed |
|
|
IA
62
IFP Advisors
Tampa,
Florida
| – | -$48.8K | -3,725 | Closed |
|
|
PCM
63
Penserra Capital Management
Orinda,
California
| – | -$6K | -456 | Closed |
|
ERC Hedge Fund Activity: Q4 2017 in Review
57 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q4 2017, worth a combined $144M — down 6.2% from $153M a quarter earlier.
Fund positioning in ERC was balanced in Q4 2017: 7 funds opened new positions, 7 closed out, 24 added to existing stakes and 16 trimmed.
The largest buyer was Invesco, adding an estimated $2.55M. The largest seller was Saba Capital Management, cutting an estimated $4.86M.
- 57 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q4 2017, unchanged from Q3 2017.
- Funds reported $144M of Allspring Multi-Sector Income Fund stock for Q4 2017, down 6.2% quarter-over-quarter.
- 7 funds opened new Allspring Multi-Sector Income Fund positions in Q4 2017 and 7 closed out, a net change of 0 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q4 2017 was Invesco, an estimated $2.55M added.
- The largest Allspring Multi-Sector Income Fund seller in Q4 2017 was Saba Capital Management, an estimated $4.86M sold.
Based on aggregated 13F filings for Q4 2017.