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ERC

Allspring Multi-Sector Income Fund

60 hedge funds and large institutions have $137M invested in Allspring Multi-Sector Income Fund in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 19

0.05% more ownership

Funds ownership: 22.39%22.44% (+0.05%)

0% more funds holding

Funds holding: 6060 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 9

3% less capital invested

Capital invested by funds: $141M → $137M (-$3.76M)

Holders
60
Holders Change
Holders Change %
0%
% of All Funds
1.6%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
9
Increased
21
Reduced
19
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$19.1M -$2.91M -214,677 -13%
UBS Group
2
UBS Group
Switzerland
$12.5M +$220K +16,214 +2%
RCM
3
Rivernorth Capital Management
Florida
$12.1M +$1.78M +131,374 +17%
PPA
4
Parametric Portfolio Associates
Washington
$11.5M +$706K +52,024 +6%
Invesco
5
Invesco
Georgia
$9.57M
SIA
6
Sit Investment Associates
Minnesota
$9.03M +$447K +32,951 +5%
FIMG
7
Financial & Investment Management Group
Michigan
$7.88M -$3.94K -290 -0%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$5.89M +$240K +17,687 +4%
NL
9
NWAM LLC
Washington
$5.85M -$10.3K -761 -0.2%
Morgan Stanley
10
Morgan Stanley
New York
$5.12M +$158K +11,638 +3%
Citigroup
11
Citigroup
New York
$3.66M +$1.4M +103,377 +61%
RJA
12
Raymond James & Associates
Florida
$2.77M +$313K +23,095 +13%
CIA
13
Capital Investment Advisors
Georgia
$2.52M -$38.6K -2,844 -1%
Cohen & Steers
14
Cohen & Steers
New York
$2.43M
SAM
15
Selway Asset Management
$2.29M -$241K -17,765 -9%
Bank of America
16
Bank of America
North Carolina
$2.23M +$688K +50,695 +44%
1CP
17
1607 Capital Partners
Virginia
$1.93M +$40.7K +3,000 +2%
AA
18
AQR Arbitrage
Connecticut
$1.86M +$1.9M +139,628 New
WAM
19
Wolverine Asset Management
Illinois
$1.79M +$166K +12,203 +10%
GC
20
Guggenheim Capital
Illinois
$1.5M -$722K -53,170 -32%
AA
21
Ancora Advisors
Ohio
$1.45M -$1.21M -89,500 Closed
SFS
22
Shaker Financial Services
Virginia
$1.27M +$824K +60,672 +176%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$1.18M -$463K -34,107 -28%
CAS
24
Cue Advisory Services
Arizona
$1.16M -$50.2K -3,700 -4%
DA
25
Doliver Advisors
Texas
$1.14M +$899K +66,246 +352%

ERC Hedge Fund Activity: Q1 2015 in Review

60 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q1 2015, worth a combined $137M — down 2.7% from $141M a quarter earlier.

Fund positioning in ERC was balanced in Q1 2015: 9 funds opened new positions, 9 closed out, 21 added to existing stakes and 19 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $1.78M. The largest seller was Saba Capital Management, cutting an estimated $2.91M.

  • 60 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q1 2015, unchanged from Q4 2014.
  • Funds reported $137M of Allspring Multi-Sector Income Fund stock for Q1 2015, down 2.7% quarter-over-quarter.
  • 9 funds opened new Allspring Multi-Sector Income Fund positions in Q1 2015 and 9 closed out, a net change of 0 holders.
  • The largest Allspring Multi-Sector Income Fund buyer in Q1 2015 was Rivernorth Capital Management, an estimated $1.78M added.
  • The largest Allspring Multi-Sector Income Fund seller in Q1 2015 was Saba Capital Management, an estimated $2.91M sold.

Based on aggregated 13F filings for Q1 2015.