Allspring Multi-Sector Income Fund
ERC
55 hedge funds and large institutions have $57.2M invested in Allspring Multi-Sector Income Fund in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 6 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
1% more capital invested
Capital invested by funds: $56.8M → $57.2M (+$437K)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0.35% less ownership
Funds ownership: 15.3% → 14.95% (-0.35%)
4% less funds holding
Funds holding: 57 → 55 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$2.46M |
| 2 |
Cohen & Steers
New York
|
+$1.14M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$377K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$274K |
| 5 |
Morgan Stanley
New York
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.37M |
| 2 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$1.26M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$778K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$574K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$464K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAS
51
Winch Advisory Services
Appleton,
Wisconsin
| $2K | +$37 | +3 | +2% |
|
52
Fifth Third Bancorp
Cincinnati,
Ohio
| $2K | +$2.27K | +184 | +3,680% |
|
|
AA
53
AQR Arbitrage
Greenwich,
Connecticut
| – | -$281K | -23,183 | Closed |
|
|
LCM
54
Landscape Capital Management
Englewood,
New Jersey
| – | -$214K | -17,651 | Closed |
|
|
MIM
55
Merrion Investment Management
Cranford,
New Jersey
| – | -$61K | -5,000 | Closed |
|
|
FIA
56
FNY Investment Advisers
New York
| – | -$25K | -2,070 | Closed |
|
|
TFS
57
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$10K | -833 | Closed |
|
|
PAM
58
Panagora Asset Management
Boston,
Massachusetts
| – | -$1K | -90 | Closed |
|
59
Wells Fargo
San Francisco,
California
| – | +$12 | +1 | New |
|
ERC Hedge Fund Activity: Q1 2021 in Review
55 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q1 2021, worth a combined $57.2M — up 0.77% from $56.8M a quarter earlier.
Fund positioning in ERC was balanced in Q1 2021: 6 funds opened new positions, 6 closed out, 19 added to existing stakes and 15 trimmed.
The largest buyer was Sowell Financial Services, opening a new position worth an estimated $2.46M. The largest seller was Royal Bank of Canada, cutting an estimated $1.37M.
- 55 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q1 2021, down from 57 in Q4 2020.
- Funds reported $57.2M of Allspring Multi-Sector Income Fund stock for Q1 2021, up 0.77% quarter-over-quarter.
- 6 funds opened new Allspring Multi-Sector Income Fund positions in Q1 2021 and 6 closed out, a net change of 0 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q1 2021 was Sowell Financial Services, an estimated $2.46M added.
- The largest Allspring Multi-Sector Income Fund seller in Q1 2021 was Royal Bank of Canada, an estimated $1.37M sold.
Based on aggregated 13F filings for Q1 2021.