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ERC

Allspring Multi-Sector Income Fund
ERC

63 hedge funds and large institutions have $59.2M invested in Allspring Multi-Sector Income Fund in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 20 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

225% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 4

13% more funds holding

Funds holding: 56 → 63 (+7)

7.7% more ownership

Funds ownership: 17.31% → 25.01% (+7.7%)

5% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 20

16% less capital invested

Capital invested by funds: $70.1M → $59.2M (-$10.9M)

Holders
63
Holders Change
+7
Holders Change %
+12.5%
% of All Funds
1.39%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
13
Increased
19
Reduced
20
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$6.95M
2
SFS
Shaker Financial Services
Virginia
+$2.31M
3
PPA
Parametric Portfolio Associates
Washington
+$1.31M
4
Jane Street
Jane Street
New York
+$947K
5
WAM
Wolverine Asset Management
Illinois
+$901K

Top Sellers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
-$782K
2
Morgan Stanley
Morgan Stanley
New York
-$740K
3
Stifel Financial
Stifel Financial
Missouri
-$653K
4
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$592K
5
MAFM
Mid Atlantic Financial Management
Pennsylvania
-$481K
Name Holding Trade Value Shares
Change 		Change in
Stake
FWM
51
Focused Wealth Management
New York
$15K +$285 +24 +2%
Citigroup
52
Citigroup
New York
$10K – – –
GWMIA
53
Global Wealth Management Investment Advisory
Florida
$8K – – –
TFS
54
TrustCore Financial Services
Tennessee
$8K – – –
CFA
55
Carroll Financial Associates
North Carolina
$5K -$19.8K -1,665 -74%
VRM
56
Vectors Research Management
New York
$5K – – –
PAM
57
Panagora Asset Management
Massachusetts
$5K +$6.05K +509 New
WT
58
Washington Trust
Rhode Island
$4K +$5.5K +462 New
LWM
59
Liberty Wealth Management
California
$3K +$4.08K +343 New
NL
60
NWAM LLC
Washington
$2.32K +$4.24K +356 +0.1%
WAS
61
Winch Advisory Services
Wisconsin
$1K +$36 +3 +3%
QPWM
62
Quadrant Private Wealth Management
Pennsylvania
– -$133K -10,350 Closed
FIA
63
FNY Investment Advisers
New York
– -$100K -7,769 Closed
AF
64
Advisornet Financial
Minnesota
– -$42K -3,251 Closed
ACM
65
Allred Capital Management
Texas
– -$27K -2,100 Closed
Fidelity Investments
66
Fidelity Investments
Massachusetts
– +$24 +2 New
1 2
3

ERC Hedge Fund Activity: Q1 2020 in Review

63 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q1 2020, worth a combined $59.2M — down 16% from $70.1M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new ERC positions and 4 closed out — a net gain of 9 holders — while 19 added to existing stakes and 20 trimmed.

The largest buyer was Saba Capital Management, opening a new position worth an estimated $6.95M. The largest seller was UBS Group, cutting an estimated $782K.

  • 63 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q1 2020, up from 56 in Q4 2019.
  • Funds reported $59.2M of Allspring Multi-Sector Income Fund stock for Q1 2020, down 16% quarter-over-quarter.
  • 13 funds opened new Allspring Multi-Sector Income Fund positions in Q1 2020 and 4 closed out, a net change of +9 holders.
  • The largest Allspring Multi-Sector Income Fund buyer in Q1 2020 was Saba Capital Management, an estimated $6.95M added.
  • The largest Allspring Multi-Sector Income Fund seller in Q1 2020 was UBS Group, an estimated $782K sold.

Based on aggregated 13F filings for Q1 2020.