Allspring Multi-Sector Income Fund
ERC
54 hedge funds and large institutions have $54.4M invested in Allspring Multi-Sector Income Fund in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 6 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0.19% more ownership
Funds ownership: 14.95% → 15.14% (+0.19%)
5% less capital invested
Capital invested by funds: $57.2M → $54.4M (-$2.76M)
2% less funds holding
Funds holding: 55 → 54 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
+$1.09M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$531K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$297K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$195K |
| 5 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.36M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.3M |
| 3 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$1.22M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$946K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$475K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAS
51
Winch Advisory Services
Appleton,
Wisconsin
| $2K | +$38 | +3 | +2% |
|
|
FFA
52
First Foundation Advisors
Irvine,
California
| – | -$225K | -17,979 | Closed |
|
|
IAIM
53
International Assets Investment Management
Orlando,
Florida
| – | -$125K | -10,258 | Closed |
|
|
EP
54
Eudaimonia Partners
Winchester,
Tennessee
| – | -$13K | -1,061 | Closed |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| – | -$8K | -610 | Closed |
|
|
GWM
56
Geneos Wealth Management
Englewood,
Colorado
| – | -$6K | -532 | Closed |
|
57
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -189 | Closed |
|
|
PAM
58
Panagora Asset Management
Boston,
Massachusetts
| – | +$230 | +18 | New |
|
ERC Hedge Fund Activity: Q2 2021 in Review
54 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q2 2021, worth a combined $54.4M — down 4.8% from $57.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ERC and 5 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 19 added.
The largest buyer was Peapack-Gladstone Financial Corp, opening a new position worth an estimated $1.09M. The largest seller was Royal Bank of Canada, cutting an estimated $1.36M.
- 54 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q2 2021, down from 55 in Q1 2021.
- Funds reported $54.4M of Allspring Multi-Sector Income Fund stock for Q2 2021, down 4.8% quarter-over-quarter.
- 5 funds opened new Allspring Multi-Sector Income Fund positions in Q2 2021 and 6 closed out, a net change of -1 holder.
- The largest Allspring Multi-Sector Income Fund buyer in Q2 2021 was Peapack-Gladstone Financial Corp, an estimated $1.09M added.
- The largest Allspring Multi-Sector Income Fund seller in Q2 2021 was Royal Bank of Canada, an estimated $1.36M sold.
Based on aggregated 13F filings for Q2 2021.