Allspring Multi-Sector Income Fund
ERC
58 hedge funds and large institutions have $77.9M invested in Allspring Multi-Sector Income Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 20 reducing their positions, and 13 closing their positions.
3% less capital invested
Capital invested by funds: $79.9M → $77.9M (-$2.03M)
5% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 20
2.44% less ownership
Funds ownership: 22.91% → 20.47% (-2.4%)
12% less funds holding
Funds holding: 66 → 58 (-8)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$856K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$798K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$459K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$400K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$330K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.34M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$1.31M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.29M |
| 4 |
SCM
Saba Capital Management
New York
|
-$1.03M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$862K |
ERC Hedge Fund Activity: Q1 2019 in Review
58 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q1 2019, worth a combined $77.9M — down 2.5% from $79.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ERC and 5 opened new positions — a net loss of 8 holders — while 20 trimmed existing stakes and 19 added.
The largest buyer was Ameriprise, adding an estimated $856K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.34M sold.
- 58 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q1 2019, down from 66 in Q4 2018.
- Funds reported $77.9M of Allspring Multi-Sector Income Fund stock for Q1 2019, down 2.5% quarter-over-quarter.
- 5 funds opened new Allspring Multi-Sector Income Fund positions in Q1 2019 and 13 closed out, a net change of -8 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q1 2019 was Ameriprise, an estimated $856K added.
- The largest Allspring Multi-Sector Income Fund seller in Q1 2019 was Wolverine Asset Management, an estimated $1.34M sold.
Based on aggregated 13F filings for Q1 2019.