Allspring Multi-Sector Income Fund
ERC
57 hedge funds and large institutions have $141M invested in Allspring Multi-Sector Income Fund in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 30 increasing their positions, 11 reducing their positions, and 8 closing their positions.
173% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 11
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2.71% more ownership
Funds ownership: 22.44% → 25.15% (+2.7%)
3% more capital invested
Capital invested by funds: $137M → $141M (+$4.3M)
5% less funds holding
Funds holding: 60 → 57 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.21M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.11M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.58M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.56M |
| 5 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$1.19M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.18M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$779K |
| 4 |
KSCM
Kamunting Street Capital Management
Miami Beach,
Florida
|
-$503K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$431K |
ERC Hedge Fund Activity: Q2 2015 in Review
57 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q2 2015, worth a combined $141M — up 3.1% from $137M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ERC and 5 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 30 added.
The largest buyer was Saba Capital Management, adding an estimated $4.21M. The largest seller was Citigroup, cutting an estimated $1.19M.
- 57 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q2 2015, down from 60 in Q1 2015.
- Funds reported $141M of Allspring Multi-Sector Income Fund stock for Q2 2015, up 3.1% quarter-over-quarter.
- 5 funds opened new Allspring Multi-Sector Income Fund positions in Q2 2015 and 8 closed out, a net change of -3 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q2 2015 was Saba Capital Management, an estimated $4.21M added.
- The largest Allspring Multi-Sector Income Fund seller in Q2 2015 was Citigroup, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2015.