Allspring Multi-Sector Income Fund
ERC
59 hedge funds and large institutions have $40.1M invested in Allspring Multi-Sector Income Fund in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 13 reducing their positions, and 7 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 13
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
5% more funds holding
Funds holding: 56 → 59 (+3)
0.85% less ownership
Funds ownership: 15.75% → 14.9% (-0.85%)
13% less capital invested
Capital invested by funds: $46M → $40.1M (-$5.94M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$1.77M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.31M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$608K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$349K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.67M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.65M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$797K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$548K |
| 5 |
MC
Matisse Capital
Portland,
Oregon
|
-$260K |
ERC Hedge Fund Activity: Q2 2022 in Review
59 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q2 2022, worth a combined $40.1M — down 13% from $46M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ERC positions and 7 closed out — a net gain of 4 holders — while 24 added to existing stakes and 13 trimmed.
The largest buyer was Sowell Financial Services, opening a new position worth an estimated $1.77M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.67M sold.
- 59 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q2 2022, up from 56 in Q1 2022.
- Funds reported $40.1M of Allspring Multi-Sector Income Fund stock for Q2 2022, down 13% quarter-over-quarter.
- 11 funds opened new Allspring Multi-Sector Income Fund positions in Q2 2022 and 7 closed out, a net change of +4 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q2 2022 was Sowell Financial Services, an estimated $1.77M added.
- The largest Allspring Multi-Sector Income Fund seller in Q2 2022 was Rivernorth Capital Management, an estimated $2.67M sold.
Based on aggregated 13F filings for Q2 2022.