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ERC

Allspring Multi-Sector Income Fund
ERC

57 hedge funds and large institutions have $34.8M invested in Allspring Multi-Sector Income Fund in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.26% more ownership

Funds ownership: 13.36% → 13.61% (+0.26%)

5% less capital invested

Capital invested by funds: $36.5M → $34.8M (-$1.71M)

5% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 19

7% less funds holding

Funds holding: 61 → 57 (-4)

27% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 11

Holders
57
Holders Change
-4
Holders Change %
-6.56%
% of All Funds
0.91%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
18
Reduced
19
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PGFC
Peapack-Gladstone Financial Corp
New Jersey
+$747K
2
WAM
Wolverine Asset Management
Illinois
+$494K
3
Ameriprise
Ameriprise
Minnesota
+$440K
4
RJFSA
Raymond James Financial Services Advisors
Florida
+$327K
5
SFS
Shaker Financial Services
Virginia
+$278K

Top Sellers

Rank Fund Capital Flow
1
Invesco
Invesco
Georgia
-$1.05M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$459K
3
SIA
Sit Investment Associates
Minnesota
-$196K
4
Morgan Stanley
Morgan Stanley
New York
-$129K
5
SWM
SeaCrest Wealth Management
New York
-$127K
Name Holding Trade Value Shares
Change 		Change in
Stake
PNC Financial Services Group
51
PNC Financial Services Group
Pennsylvania
$5.5K – – –
GWM
52
Geneos Wealth Management
Colorado
$5.36K – – –
TWA
53
TCI Wealth Advisors
Arizona
$3.03K +$3.23K +331 New
WAS
54
Winch Advisory Services
Wisconsin
$1K +$29 +3 +2%
Commonwealth Equity Services
55
Commonwealth Equity Services
Massachusetts
$127 -$34.7K -3,553 -20%
Wells Fargo
56
Wells Fargo
California
$10 – – –
SIA
57
Sit Investment Associates
Minnesota
– -$196K -20,000 Closed
SWM
58
SeaCrest Wealth Management
New York
– -$127K -13,006 Closed
SWM
59
Scissortail Wealth Management
Oklahoma
– -$113K -11,241 Closed
RJT
60
Raymond James Trust
Florida
– -$108K -11,041 Closed
KAS
61
Kestra Advisory Services
Texas
– -$99K -10,097 Closed
HNWAG
62
High Net Worth Advisory Group
Florida
– -$73.2K -7,473 Closed
ZIG
63
Zullo Investment Group
Pennsylvania
– -$17.5K -1,790 Closed
CAS
64
Coppell Advisory Solutions
Texas
– -$14.7K -1,500 Closed
CASC
65
Coppell Advisory Solutions Corp
Texas
– -$14.7K -1,500 Closed
TCM
66
TD Capital Management
Tennessee
– -$20 -2 Closed
JP Morgan Chase
67
JP Morgan Chase
New York
– +$166 +17 New
1 2
3

ERC Hedge Fund Activity: Q1 2023 in Review

57 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q1 2023, worth a combined $34.8M — down 4.7% from $36.5M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of ERC and 8 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 18 added.

The largest buyer was Peapack-Gladstone Financial Corp, opening a new position worth an estimated $747K. The largest seller was Invesco, cutting an estimated $1.05M.

  • 57 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q1 2023, down from 61 in Q4 2022.
  • Funds reported $34.8M of Allspring Multi-Sector Income Fund stock for Q1 2023, down 4.7% quarter-over-quarter.
  • 8 funds opened new Allspring Multi-Sector Income Fund positions in Q1 2023 and 11 closed out, a net change of -3 holders.
  • The largest Allspring Multi-Sector Income Fund buyer in Q1 2023 was Peapack-Gladstone Financial Corp, an estimated $747K added.
  • The largest Allspring Multi-Sector Income Fund seller in Q1 2023 was Invesco, an estimated $1.05M sold.

Based on aggregated 13F filings for Q1 2023.