Allspring Multi-Sector Income Fund
ERC
54 hedge funds and large institutions have $95.6M invested in Allspring Multi-Sector Income Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 21 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
4% more funds holding
Funds holding: 52 → 54 (+2)
2.42% less ownership
Funds ownership: 24.2% → 21.79% (-2.4%)
13% less capital invested
Capital invested by funds: $110M → $95.6M (-$14.7M)
52% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.2M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$2.03M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$786K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$646K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$615K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$6.88M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.28M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.14M |
| 4 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$963K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$841K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RWA
51
Ropes Wealth Advisors
Boston,
Massachusetts
| $12K | – | – | – |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $8K | -$32.7K | -2,548 | -81% |
|
|
FIA
53
FNY Investment Advisers
New York
| $8K | +$8.67K | +675 | New |
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$540K | -41,409 | Closed |
|
|
ACP
55
Aviance Capital Partners
Naples,
Florida
| – | -$515K | -39,535 | Closed |
|
|
AA
56
Ancora Advisors
Cleveland,
Ohio
| – | -$422K | -32,364 | Closed |
|
|
DAS
57
Dynamic Advisor Solutions
Phoenix,
Arizona
| – | -$132K | -10,082 | Closed |
|
ERC Hedge Fund Activity: Q2 2018 in Review
54 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q2 2018, worth a combined $95.6M — down 13% from $110M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ERC positions and 4 closed out — a net gain of 3 holders — while 10 added to existing stakes and 21 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $2.2M. The largest seller was Laurion Capital Management, cutting an estimated $6.88M.
- 54 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q2 2018, up from 52 in Q1 2018.
- Funds reported $95.6M of Allspring Multi-Sector Income Fund stock for Q2 2018, down 13% quarter-over-quarter.
- 7 funds opened new Allspring Multi-Sector Income Fund positions in Q2 2018 and 4 closed out, a net change of +3 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q2 2018 was BlackRock, an estimated $2.2M added.
- The largest Allspring Multi-Sector Income Fund seller in Q2 2018 was Laurion Capital Management, an estimated $6.88M sold.
Based on aggregated 13F filings for Q2 2018.