Allspring Multi-Sector Income Fund
ERC
55 hedge funds and large institutions have $55.4M invested in Allspring Multi-Sector Income Fund in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
2% more funds holding
Funds holding: 54 → 55 (+1)
0.53% less ownership
Funds ownership: 17.39% → 16.85% (-0.53%)
5% less capital invested
Capital invested by funds: $58.5M → $55.4M (-$3.11M)
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$337K |
| 2 |
Jane Street
New York
|
+$168K |
| 3 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$154K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$150K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$653K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$452K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$373K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$328K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$294K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
51
Panagora Asset Management
Boston,
Massachusetts
| $5K | – | – | – |
|
|
WT
52
Washington Trust
Westerly,
Rhode Island
| $5K | – | – | – |
|
|
WAS
53
Winch Advisory Services
Appleton,
Wisconsin
| $1K | +$34 | +3 | +3% |
|
|
LA
54
LVW Advisors
Pittsford,
New York
| – | -$290K | -26,338 | Closed |
|
|
TJHA
55
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$33K | -2,953 | Closed |
|
|
APA
56
American Portfolios Advisors
Holbrook,
New York
| – | -$31.1K | -2,825 | Closed |
|
57
Wells Fargo
San Francisco,
California
| – | -$23.6K | -2,100 | Closed |
|
ERC Hedge Fund Activity: Q3 2020 in Review
55 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q3 2020, worth a combined $55.4M — down 5.3% from $58.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ERC positions and 5 closed out — a net gain of 1 holder — while 14 added to existing stakes and 20 trimmed.
The largest buyer was Stifel Financial, adding an estimated $337K. The largest seller was Invesco, cutting an estimated $653K.
- 55 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q3 2020, up from 54 in Q2 2020.
- Funds reported $55.4M of Allspring Multi-Sector Income Fund stock for Q3 2020, down 5.3% quarter-over-quarter.
- 6 funds opened new Allspring Multi-Sector Income Fund positions in Q3 2020 and 5 closed out, a net change of +1 holder.
- The largest Allspring Multi-Sector Income Fund buyer in Q3 2020 was Stifel Financial, an estimated $337K added.
- The largest Allspring Multi-Sector Income Fund seller in Q3 2020 was Invesco, an estimated $653K sold.
Based on aggregated 13F filings for Q3 2020.