Allspring Multi-Sector Income Fund
ERC
62 hedge funds and large institutions have $40M invested in Allspring Multi-Sector Income Fund in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
15% more capital invested
Capital invested by funds: $34.8M → $40M (+$5.24M)
9% more funds holding
Funds holding: 57 → 62 (+5)
1.79% more ownership
Funds ownership: 13.61% → 15.4% (+1.8%)
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.09M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.08M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$714K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$658K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$265K |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
-$229K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$196K |
| 4 |
Morgan Stanley
New York
|
-$177K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$142K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
51
Steward Partners Investment Advisory
New York
| $44K | -$229K | -25,459 | -84% |
|
|
PTC
52
Private Trust Company
Cleveland,
Ohio
| $32.3K | +$7.07K | +786 | +29% |
|
|
CBT
53
CoreFirst Bank & Trust
Topeka,
Kansas
| $23.8K | – | – | – |
|
|
FIA
54
FNY Investment Advisers
New York
| $14K | – | – | – |
|
|
ME
55
McIlrath & Eck
Arlington,
Washington
| $14K | – | – | – |
|
56
US Bancorp
Minneapolis,
Minnesota
| $13.7K | +$13.3K | +1,478 | New |
|
|
CAS
57
Coppell Advisory Solutions
Coppell,
Texas
| $13.6K | +$13.5K | +1,500 | New |
|
58
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $5.57K | – | – | – |
|
|
GWM
59
Geneos Wealth Management
Englewood,
Colorado
| $5.43K | – | – | – |
|
|
WAS
60
Winch Advisory Services
Appleton,
Wisconsin
| $1K | +$27 | +3 | +2% |
|
61
Fidelity Investments
Boston,
Massachusetts
| $9 | +$9 | +1 | New |
|
62
Wells Fargo
San Francisco,
California
| $6 | – | – | – |
|
|
EC
63
Elequin Capital
New York
| – | -$35.7K | -3,897 | Closed |
|
|
TWA
64
TCI Wealth Advisors
Tucson,
Arizona
| – | -$3.03K | -331 | Closed |
|
ERC Hedge Fund Activity: Q2 2023 in Review
62 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q2 2023, worth a combined $40M — up 15% from $34.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ERC positions and 3 closed out — a net gain of 6 holders — while 19 added to existing stakes and 19 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.09M. The largest seller was Raymond James & Associates, cutting an estimated $265K.
- 62 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q2 2023, up from 57 in Q1 2023.
- Funds reported $40M of Allspring Multi-Sector Income Fund stock for Q2 2023, up 15% quarter-over-quarter.
- 9 funds opened new Allspring Multi-Sector Income Fund positions in Q2 2023 and 3 closed out, a net change of +6 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q2 2023 was Shaker Financial Services, an estimated $1.09M added.
- The largest Allspring Multi-Sector Income Fund seller in Q2 2023 was Raymond James & Associates, an estimated $265K sold.
Based on aggregated 13F filings for Q2 2023.