Allspring Multi-Sector Income Fund
ERC
58 hedge funds and large institutions have $33.3M invested in Allspring Multi-Sector Income Fund in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 8 closing their positions.
1.14% less ownership
Funds ownership: 14.9% → 13.76% (-1.1%)
2% less funds holding
Funds holding: 59 → 58 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
17% less capital invested
Capital invested by funds: $40.1M → $33.3M (-$6.74M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$568K |
| 2 |
Morgan Stanley
New York
|
+$307K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$304K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$301K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$231K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.59M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.24M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$889K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$631K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$435K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
51
FNY Investment Advisers
New York
| $8K | – | – | – |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $5K | -$3.9K | -400 | -40% |
|
|
GWM
53
Geneos Wealth Management
Englewood,
Colorado
| $5K | – | – | – |
|
|
IA
54
IFP Advisors
Tampa,
Florida
| $5K | – | – | – |
|
|
SIA
55
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$1.59M | -166,335 | Closed |
|
|
LCM
56
Landscape Capital Management
Englewood,
New Jersey
| – | -$435K | -45,482 | Closed |
|
|
AA
57
AQR Arbitrage
Greenwich,
Connecticut
| – | -$216K | -22,564 | Closed |
|
|
CA
58
CoreCap Advisors
Southfield,
Michigan
| – | -$63K | -6,622 | Closed |
|
|
VVP
59
Venture Visionary Partners
Sylvania,
Ohio
| – | -$13.2K | -1,379 | Closed |
|
|
PP
60
PrairieView Partners
St. Paul,
Minnesota
| – | -$4K | -400 | Closed |
|
|
WAS
61
Winch Advisory Services
Appleton,
Wisconsin
| – | -$1K | -139 | Closed |
|
|
TCM
62
TD Capital Management
Memphis,
Tennessee
| – | +$19 | +2 | New |
|
|
MA
63
MUFG Americas
New York
| – | +$29 | +3 | New |
|
ERC Hedge Fund Activity: Q3 2022 in Review
58 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q3 2022, worth a combined $33.3M — down 17% from $40.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ERC and 7 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 16 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $568K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $1.59M sold.
- 58 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q3 2022, down from 59 in Q2 2022.
- Funds reported $33.3M of Allspring Multi-Sector Income Fund stock for Q3 2022, down 17% quarter-over-quarter.
- 7 funds opened new Allspring Multi-Sector Income Fund positions in Q3 2022 and 8 closed out, a net change of -1 holder.
- The largest Allspring Multi-Sector Income Fund buyer in Q3 2022 was Susquehanna International Group, an estimated $568K added.
- The largest Allspring Multi-Sector Income Fund seller in Q3 2022 was Sit Investment Associates, an estimated $1.59M sold.
Based on aggregated 13F filings for Q3 2022.