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ERC

Allspring Multi-Sector Income Fund

63 hedge funds and large institutions have $233M invested in Allspring Multi-Sector Income Fund in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 13 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 13

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

7% more capital invested

Capital invested by funds: $217M → $233M (+$16M)

1.37% more ownership

Funds ownership: 41.09%42.46% (+1.4%)

0% more funds holding

Funds holding: 6363 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
63
Holders Change
Holders Change %
0%
% of All Funds
1.57%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
26
Reduced
13
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$82M
SIA
2
Sit Investment Associates
Minnesota
$39.9M +$1.97M +149,374 +5%
RCM
3
Rivernorth Capital Management
Florida
$19.8M +$405K +30,801 +2%
UBS Group
4
UBS Group
Switzerland
$19.5M +$4.21M +319,738 +28%
Invesco
5
Invesco
Georgia
$8.7M +$807K +61,320 +10%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$5.87M +$1.57M +119,546 +37%
RJA
7
Raymond James & Associates
Florida
$5.79M +$240K +18,229 +4%
VIA
8
Vident Investment Advisory
Georgia
$4.9M +$1.51M +114,968 +45%
NL
9
NWAM LLC
Washington
$4.3M +$2.1K +160 +0%
Kovitz Investment Group Partners
10
Kovitz Investment Group Partners
Illinois
$3.89M +$3.84M +291,686 New
Cohen & Steers
11
Cohen & Steers
New York
$3.58M +$171K +12,988 +5%
FFA
12
First Foundation Advisors
California
$3.34M +$232K +17,645 +8%
Morgan Stanley
13
Morgan Stanley
New York
$3.16M -$536K -40,730 -15%
COLIM
14
City of London Investment Management
United Kingdom
$2.24M +$534K +40,602 +32%
SAM
15
Selway Asset Management
$1.99M
PVWM
16
Point View Wealth Management
New Jersey
$1.97M +$59.2K +4,501 +3%
CIA
17
Capital Investment Advisors
Georgia
$1.94M -$39.4K -2,993 -2%
Bank of America
18
Bank of America
North Carolina
$1.93M -$38.4K -2,919 -2%
LTFS
19
Ladenburg Thalmann Financial Services
Florida
$1.76M +$22.9K +1,744 +1%
Stifel Financial
20
Stifel Financial
Missouri
$1.43M +$38.2K +2,901 +3%
AAM
21
Advisors Asset Management
Colorado
$1.37M -$309K -23,494 -19%
CCP
22
Clough Capital Partners
Massachusetts
$1.33M +$913K +69,400 +218%
Susquehanna International Group
23
Susquehanna International Group
Pennsylvania
$1.01M +$998K +75,842 New
LPL Financial
24
LPL Financial
California
$984K +$288K +21,860 +42%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$784K +$216K +16,395 +39%

ERC Hedge Fund Activity: Q1 2017 in Review

63 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q1 2017, worth a combined $233M — up 7.4% from $217M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new ERC positions and 7 closed out — a net gain of 1 holder — while 26 added to existing stakes and 13 trimmed.

The largest buyer was UBS Group, adding an estimated $4.21M. The largest seller was Icon Advisers, exiting entirely with an estimated $4.31M sold.

  • 63 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q1 2017, unchanged from Q4 2016.
  • Funds reported $233M of Allspring Multi-Sector Income Fund stock for Q1 2017, up 7.4% quarter-over-quarter.
  • 8 funds opened new Allspring Multi-Sector Income Fund positions in Q1 2017 and 7 closed out, a net change of +1 holder.
  • The largest Allspring Multi-Sector Income Fund buyer in Q1 2017 was UBS Group, an estimated $4.21M added.
  • The largest Allspring Multi-Sector Income Fund seller in Q1 2017 was Icon Advisers, an estimated $4.31M sold.

Based on aggregated 13F filings for Q1 2017.