Allspring Multi-Sector Income Fund
ERC
54 hedge funds and large institutions have $68.5M invested in Allspring Multi-Sector Income Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 20 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
8% more funds holding
Funds holding: 50 → 54 (+4)
1.26% less ownership
Funds ownership: 18.91% → 17.64% (-1.3%)
8% less capital invested
Capital invested by funds: $74.6M → $68.5M (-$6.04M)
40% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.13M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$827K |
| 3 |
Millennium Management
New York
|
+$260K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$179K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.15M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$2.28M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.04M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$781K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$385K |
ERC Hedge Fund Activity: Q3 2019 in Review
54 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q3 2019, worth a combined $68.5M — down 8.1% from $74.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ERC positions and 1 closed out — a net gain of 4 holders — while 12 added to existing stakes and 20 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $2.13M. The largest seller was Ameriprise, cutting an estimated $3.15M.
- 54 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q3 2019, up from 50 in Q2 2019.
- Funds reported $68.5M of Allspring Multi-Sector Income Fund stock for Q3 2019, down 8.1% quarter-over-quarter.
- 5 funds opened new Allspring Multi-Sector Income Fund positions in Q3 2019 and 1 closed out, a net change of +4 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q3 2019 was Shaker Financial Services, an estimated $2.13M added.
- The largest Allspring Multi-Sector Income Fund seller in Q3 2019 was Ameriprise, an estimated $3.15M sold.
Based on aggregated 13F filings for Q3 2019.