Allspring Multi-Sector Income Fund
ERC
63 hedge funds and large institutions have $217M invested in Allspring Multi-Sector Income Fund in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
37% more capital inflows, than outflows
Capital inflows: $22M | Capital outflows: $16.1M
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
5% more funds holding
Funds holding: 60 → 63 (+3)
2.06% more ownership
Funds ownership: 39.03% → 41.09% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Saba Capital Management
New York
|
+$5.22M |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.71M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.87M |
| 4 |
City of London Investment Management
London,
United Kingdom
|
+$1.19M |
| 5 |
Landscape Capital Management
Englewood,
New Jersey
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Laurion Capital Management
New York
|
-$4.66M |
| 2 |
Citigroup
New York
|
-$4.54M |
| 3 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$3.84M |
| 4 |
Curi RMB Capital
Chicago,
Illinois
|
-$715K |
| 5 |
Morgan Stanley
New York
|
-$468K |
ERC Hedge Fund Activity: Q4 2016 in Review
63 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q4 2016, worth a combined $217M — up 1.8% from $213M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ERC positions and 6 closed out — a net gain of 4 holders — while 21 added to existing stakes and 19 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $5.22M. The largest seller was Laurion Capital Management, cutting an estimated $4.66M.
- 63 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q4 2016, up from 60 in Q3 2016.
- Funds reported $217M of Allspring Multi-Sector Income Fund stock for Q4 2016, up 1.8% quarter-over-quarter.
- 10 funds opened new Allspring Multi-Sector Income Fund positions in Q4 2016 and 6 closed out, a net change of +4 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q4 2016 was Saba Capital Management, an estimated $5.22M added.
- The largest Allspring Multi-Sector Income Fund seller in Q4 2016 was Laurion Capital Management, an estimated $4.66M sold.
Based on aggregated 13F filings for Q4 2016.