Allspring Multi-Sector Income Fund
ERC
64 hedge funds and large institutions have $140M invested in Allspring Multi-Sector Income Fund in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
171% more capital inflows, than outflows
Capital inflows: $33.1M | Capital outflows: $12.2M
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
12% more funds holding
Funds holding: 57 → 64 (+7)
4.14% more ownership
Funds ownership: 25.15% → 29.3% (+4.1%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$7.37M |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.39M |
| 3 |
Saba Capital Management
New York
|
+$6.23M |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$3.48M |
| 5 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NWAM LLC
Mercer Island,
Washington
|
-$5.71M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.06M |
| 3 |
Shaker Financial Services
Arlington,
Virginia
|
-$1.28M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$772K |
| 5 |
Panagora Asset Management
Boston,
Massachusetts
|
-$415K |
ERC Hedge Fund Activity: Q3 2015 in Review
64 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q3 2015, worth a combined $140M — down 1% from $141M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ERC positions and 4 closed out — a net gain of 7 holders — while 21 added to existing stakes and 18 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $7.37M. The largest seller was NWAM LLC, exiting entirely with an estimated $5.71M sold.
- 64 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q3 2015, up from 57 in Q2 2015.
- Funds reported $140M of Allspring Multi-Sector Income Fund stock for Q3 2015, down 1% quarter-over-quarter.
- 11 funds opened new Allspring Multi-Sector Income Fund positions in Q3 2015 and 4 closed out, a net change of +7 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q3 2015 was Invesco, an estimated $7.37M added.
- The largest Allspring Multi-Sector Income Fund seller in Q3 2015 was NWAM LLC, an estimated $5.71M sold.
Based on aggregated 13F filings for Q3 2015.