Allspring Multi-Sector Income Fund
ERC
60 hedge funds and large institutions have $213M invested in Allspring Multi-Sector Income Fund in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
8% more capital invested
Capital invested by funds: $198M → $213M (+$15.3M)
5% more funds holding
Funds holding: 57 → 60 (+3)
1.88% more ownership
Funds ownership: 37.15% → 39.03% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.51M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$2.62M |
| 3 |
SCM
Saba Capital Management
New York
|
+$2.14M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.07M |
| 5 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.99M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.91M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.01M |
| 4 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$759K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$616K |
ERC Hedge Fund Activity: Q3 2016 in Review
60 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q3 2016, worth a combined $213M — up 7.7% from $198M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ERC positions and 6 closed out — a net gain of 4 holders — while 20 added to existing stakes and 18 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $6.51M. The largest seller was Raymond James & Associates, cutting an estimated $1.99M.
- 60 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q3 2016, up from 57 in Q2 2016.
- Funds reported $213M of Allspring Multi-Sector Income Fund stock for Q3 2016, up 7.7% quarter-over-quarter.
- 10 funds opened new Allspring Multi-Sector Income Fund positions in Q3 2016 and 6 closed out, a net change of +4 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q3 2016 was Sit Investment Associates, an estimated $6.51M added.
- The largest Allspring Multi-Sector Income Fund seller in Q3 2016 was Raymond James & Associates, an estimated $1.99M sold.
Based on aggregated 13F filings for Q3 2016.