Allspring Multi-Sector Income Fund
ERC
60 hedge funds and large institutions have $83.6M invested in Allspring Multi-Sector Income Fund in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
13% more funds holding
Funds holding: 53 → 60 (+7)
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0.79% less ownership
Funds ownership: 21.76% → 20.97% (-0.79%)
12% less capital invested
Capital invested by funds: $95M → $83.6M (-$11.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.42M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.08M |
| 3 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$1.01M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$860K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$684K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$11.4M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.94M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.03M |
| 4 |
LCM
Laurion Capital Management
New York
|
-$493K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$458K |
ERC Hedge Fund Activity: Q3 2018 in Review
60 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q3 2018, worth a combined $83.6M — down 12% from $95M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ERC positions and 5 closed out — a net gain of 7 holders — while 19 added to existing stakes and 18 trimmed.
The largest buyer was Ameriprise, adding an estimated $1.42M. The largest seller was Sit Investment Associates, cutting an estimated $11.4M.
- 60 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q3 2018, up from 53 in Q2 2018.
- Funds reported $83.6M of Allspring Multi-Sector Income Fund stock for Q3 2018, down 12% quarter-over-quarter.
- 12 funds opened new Allspring Multi-Sector Income Fund positions in Q3 2018 and 5 closed out, a net change of +7 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q3 2018 was Ameriprise, an estimated $1.42M added.
- The largest Allspring Multi-Sector Income Fund seller in Q3 2018 was Sit Investment Associates, an estimated $11.4M sold.
Based on aggregated 13F filings for Q3 2018.