Allspring Multi-Sector Income Fund
ERC
71 hedge funds and large institutions have $45.1M invested in Allspring Multi-Sector Income Fund in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 17 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
53% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 17
6% more funds holding
Funds holding: 67 → 71 (+4)
5% more capital invested
Capital invested by funds: $42.9M → $45.1M (+$2.18M)
0.49% more ownership
Funds ownership: 16.2% → 16.69% (+0.49%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.33M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$930K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$597K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$404K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.97M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$811K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$219K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$137K |
| 5 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$130K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EC
76
Elequin Capital
New York
| – | -$68.9K | -7,300 | Closed |
|
77
Wells Fargo
San Francisco,
California
| – | -$1.42K | -151 | Closed |
|
ERC Hedge Fund Activity: Q1 2024 in Review
71 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q1 2024, worth a combined $45.1M — up 5.1% from $42.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ERC positions and 5 closed out — a net gain of 5 holders — while 26 added to existing stakes and 17 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.33M. The largest seller was Morgan Stanley, cutting an estimated $1.97M.
- 71 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q1 2024, up from 67 in Q4 2023.
- Funds reported $45.1M of Allspring Multi-Sector Income Fund stock for Q1 2024, up 5.1% quarter-over-quarter.
- 10 funds opened new Allspring Multi-Sector Income Fund positions in Q1 2024 and 5 closed out, a net change of +5 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q1 2024 was Shaker Financial Services, an estimated $1.33M added.
- The largest Allspring Multi-Sector Income Fund seller in Q1 2024 was Morgan Stanley, an estimated $1.97M sold.
Based on aggregated 13F filings for Q1 2024.