Allspring Multi-Sector Income Fund
ERC
40 hedge funds and large institutions have $116M invested in Allspring Multi-Sector Income Fund in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
8% more funds holding
Funds holding: 37 → 40 (+3)
1.14% more ownership
Funds ownership: 13.8% → 14.94% (+1.1%)
0% more capital invested
Capital invested by funds: $116M → $116M (+$45.2K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$6.63M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.72M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.43M |
| 4 |
SAM
Selway Asset Management
|
+$1.36M |
| 5 |
Citigroup
New York
|
+$1.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$4.62M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.02M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.51M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.02M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$708K |
ERC Hedge Fund Activity: Q3 2013 in Review
40 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q3 2013, worth a combined $116M — up 0.04% from $116M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ERC positions and 4 closed out — a net gain of 3 holders — while 16 added to existing stakes and 13 trimmed.
The largest buyer was Financial & Investment Management Group, opening a new position worth an estimated $6.63M. The largest seller was Guggenheim Capital, cutting an estimated $4.62M.
- 40 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q3 2013, up from 37 in Q2 2013.
- Funds reported $116M of Allspring Multi-Sector Income Fund stock for Q3 2013, up 0.04% quarter-over-quarter.
- 7 funds opened new Allspring Multi-Sector Income Fund positions in Q3 2013 and 4 closed out, a net change of +3 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q3 2013 was Financial & Investment Management Group, an estimated $6.63M added.
- The largest Allspring Multi-Sector Income Fund seller in Q3 2013 was Guggenheim Capital, an estimated $4.62M sold.
Based on aggregated 13F filings for Q3 2013.