Allspring Multi-Sector Income Fund
ERC
56 hedge funds and large institutions have $70.1M invested in Allspring Multi-Sector Income Fund in 2019 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
4% more funds holding
Funds holding: 54 → 56 (+2)
2% more capital invested
Capital invested by funds: $68.5M → $70.1M (+$1.6M)
0.33% less ownership
Funds ownership: 17.64% → 17.31% (-0.33%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$640K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$177K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$162K |
| 4 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
+$160K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$144K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$2.34M |
| 2 |
Cohen & Steers
New York
|
-$268K |
| 3 |
Millennium Management
New York
|
-$257K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$210K |
| 5 |
Morgan Stanley
New York
|
-$153K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $13K | -$20.3K | -1,610 | -62% |
|
|
TFS
52
TrustCore Financial Services
Brentwood,
Tennessee
| $11K | – | – | – |
|
|
GWMIA
53
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| $10K | – | – | – |
|
|
VRM
54
Vectors Research Management
New York
| $6K | +$6.3K | +500 | New |
|
|
WAS
55
Winch Advisory Services
Appleton,
Wisconsin
| $1K | +$25 | +2 | +2% |
|
|
56
Millennium Management
New York
| – | -$257K | -20,885 | Closed |
|
57
First Trust Advisors
Wheaton,
Illinois
| – | -$133K | -10,758 | Closed |
|
|
QCIG
58
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$31K | -2,494 | Closed |
|
|
PAM
59
Panagora Asset Management
Boston,
Massachusetts
| – | -$14K | -1,104 | Closed |
|
60
Fidelity Investments
Boston,
Massachusetts
| – | -$4K | -341 | Closed |
|
ERC Hedge Fund Activity: Q4 2019 in Review
56 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q4 2019, worth a combined $70.1M — up 2.3% from $68.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ERC positions and 6 closed out — a net gain of 2 holders — while 19 added to existing stakes and 15 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $640K. The largest seller was Landscape Capital Management, cutting an estimated $2.34M.
- 56 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q4 2019, up from 54 in Q3 2019.
- Funds reported $70.1M of Allspring Multi-Sector Income Fund stock for Q4 2019, up 2.3% quarter-over-quarter.
- 8 funds opened new Allspring Multi-Sector Income Fund positions in Q4 2019 and 6 closed out, a net change of +2 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q4 2019 was Royal Bank of Canada, an estimated $640K added.
- The largest Allspring Multi-Sector Income Fund seller in Q4 2019 was Landscape Capital Management, an estimated $2.34M sold.
Based on aggregated 13F filings for Q4 2019.