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ERC

Allspring Multi-Sector Income Fund

66 hedge funds and large institutions have $79.9M invested in Allspring Multi-Sector Income Fund in 2018 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 9

12% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 17

8% more funds holding

Funds holding: 6166 (+5)

1.95% more ownership

Funds ownership: 20.96%22.91% (+1.9%)

5% less capital invested

Capital invested by funds: $84.1M → $79.9M (-$4.22M)

Holders
66
Holders Change
+5
Holders Change %
+8.2%
% of All Funds
1.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
19
Reduced
17
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$9.66M -$1.21M -105,088 -11%
Ameriprise
2
Ameriprise
Minnesota
$7.32M +$2.23M +192,822 +41%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$5.93M -$1.96M -169,739 -24%
Morgan Stanley
4
Morgan Stanley
New York
$4.87M +$1.65M +142,364 +48%
UBS Group
5
UBS Group
Switzerland
$3.92M -$649K -56,180 -14%
LCM
6
Landscape Capital Management
New Jersey
$3.73M +$2.94M +254,732 +312%
Cohen & Steers
7
Cohen & Steers
New York
$3.23M
GC
8
Guggenheim Capital
Illinois
$3.12M -$234K -20,249 -7%
Stifel Financial
9
Stifel Financial
Missouri
$2.9M -$2.16M -186,853 -42%
LTFS
10
Ladenburg Thalmann Financial Services
Florida
$2.85M +$239K +20,706 +9%
NL
11
NWAM LLC
Washington
$2.6M -$568K -49,165 -17%
FFA
12
First Foundation Advisors
California
$2.52M +$137K +11,885 +6%
RJA
13
Raymond James & Associates
Florida
$2.36M -$288K -24,943 -10%
BlackRock
14
BlackRock
New York
$1.9M
SIA
15
Sit Investment Associates
Minnesota
$1.76M +$273K +23,622 +17%
Bank of America
16
Bank of America
North Carolina
$1.34M -$632K -54,721 -31%
PVWM
17
Point View Wealth Management
New Jersey
$1.34M -$41.2K -3,569 -3%
WAM
18
Wolverine Asset Management
Illinois
$1.34M +$1.18M +102,247 +557%
Carson Wealth (CWM LLC)
19
Carson Wealth (CWM LLC)
Nebraska
$1.31M +$1.37M +118,397 New
CRC
20
Curi RMB Capital
Illinois
$1.29M +$1.02M +88,137 +311%
Kovitz Investment Group Partners
21
Kovitz Investment Group Partners
Illinois
$1.13M -$18.7K -1,620 -2%
RJFSA
22
Raymond James Financial Services Advisors
Florida
$1.08M +$35.8K +3,094 +3%
CIA
23
Capital Investment Advisors
Georgia
$1.07M +$9.93K +859 +0.9%
SCM
24
Saba Capital Management
New York
$1.03M +$1.07M +92,684 New
MAFM
25
Mid Atlantic Financial Management
Pennsylvania
$896K +$934K +80,800 New

ERC Hedge Fund Activity: Q4 2018 in Review

66 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q4 2018, worth a combined $79.9M — down 5% from $84.1M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new ERC positions and 9 closed out — a net gain of 5 holders — while 19 added to existing stakes and 17 trimmed.

The largest buyer was Landscape Capital Management, adding an estimated $2.94M. The largest seller was Stifel Financial, cutting an estimated $2.16M.

  • 66 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q4 2018, up from 61 in Q3 2018.
  • Funds reported $79.9M of Allspring Multi-Sector Income Fund stock for Q4 2018, down 5% quarter-over-quarter.
  • 14 funds opened new Allspring Multi-Sector Income Fund positions in Q4 2018 and 9 closed out, a net change of +5 holders.
  • The largest Allspring Multi-Sector Income Fund buyer in Q4 2018 was Landscape Capital Management, an estimated $2.94M added.
  • The largest Allspring Multi-Sector Income Fund seller in Q4 2018 was Stifel Financial, an estimated $2.16M sold.

Based on aggregated 13F filings for Q4 2018.