Allspring Multi-Sector Income Fund
ERC
70 hedge funds and large institutions have $168M invested in Allspring Multi-Sector Income Fund in 2015 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 15 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
73% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 15
20% more capital invested
Capital invested by funds: $140M → $168M (+$27.8M)
9% more funds holding
Funds holding: 64 → 70 (+6)
5.91% more ownership
Funds ownership: 29.3% → 35.21% (+5.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$16M |
| 2 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$4.12M |
| 3 |
Citigroup
New York
|
+$2.09M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.89M |
| 5 |
KIG
Kovitz Investment Group
Chicago,
Illinois
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.15M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.13M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$944K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$911K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$388K |
ERC Hedge Fund Activity: Q4 2015 in Review
70 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q4 2015, worth a combined $168M — up 20% from $140M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ERC positions and 5 closed out — a net gain of 6 holders — while 26 added to existing stakes and 15 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $16M. The largest seller was UBS Group, cutting an estimated $1.15M.
- 70 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q4 2015, up from 64 in Q3 2015.
- Funds reported $168M of Allspring Multi-Sector Income Fund stock for Q4 2015, up 20% quarter-over-quarter.
- 11 funds opened new Allspring Multi-Sector Income Fund positions in Q4 2015 and 5 closed out, a net change of +6 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q4 2015 was Saba Capital Management, an estimated $16M added.
- The largest Allspring Multi-Sector Income Fund seller in Q4 2015 was UBS Group, an estimated $1.15M sold.
Based on aggregated 13F filings for Q4 2015.