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ERC

Allspring Multi-Sector Income Fund

62 hedge funds and large institutions have $40M invested in Allspring Multi-Sector Income Fund in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

15% more capital invested

Capital invested by funds: $34.8M → $40M (+$5.24M)

9% more funds holding

Funds holding: 5762 (+5)

1.79% more ownership

Funds ownership: 13.61%15.4% (+1.8%)

0% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 19

Holders
62
Holders Change
+5
Holders Change %
+8.77%
% of All Funds
0.97%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
19
Reduced
19
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$3.15M +$1.08M +120,409 +55%
Invesco
2
Invesco
Georgia
$3.11M +$714K +79,395 +31%
RJA
3
Raymond James & Associates
Florida
$2.97M -$265K -29,483 -8%
Ameriprise
4
Ameriprise
Minnesota
$2.32M +$10.7K +1,188 +0.5%
Morgan Stanley
5
Morgan Stanley
New York
$2.3M -$177K -19,631 -7%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$2.08M -$196K -21,818 -9%
Osaic Holdings
7
Osaic Holdings
Arizona
$1.72M +$55.5K +6,174 +3%
Stifel Financial
8
Stifel Financial
Missouri
$1.68M -$46.1K -5,129 -3%
SFS
9
Sowell Financial Services
Arkansas
$1.65M -$12.6K -1,400 -0.8%
AAM
10
Advisors Asset Management
Colorado
$1.42M -$29.6K -3,290 -2%
SFS
11
Shaker Financial Services
Virginia
$1.4M +$1.09M +121,437 +426%
Northwestern Mutual Wealth Management
12
Northwestern Mutual Wealth Management
Wisconsin
$1.35M +$3.46K +385 +0.3%
Cohen & Steers
13
Cohen & Steers
New York
$1.33M
WAM
14
Wolverine Asset Management
Illinois
$1.15M +$658K +73,148 +145%
SIA
15
Sit Investment Associates
Minnesota
$1.03M +$1M +111,340 New
Fiera Capital (Canada)
16
Fiera Capital (Canada)
Quebec, Canada
$1.03M
BFEC
17
Benjamin F. Edwards & Company
Missouri
$925K +$51.1K +5,680 +6%
UBS Group
18
UBS Group
Switzerland
$684K -$142K -15,816 -18%
Bank of America
19
Bank of America
North Carolina
$682K -$13.3K -1,483 -2%
PGFC
20
Peapack-Gladstone Financial Corp
New Jersey
$648K -$60.1K -6,682 -9%
CIA
21
Capital Investment Advisors
Georgia
$565K -$17.5K -1,943 -3%
GC
22
Guggenheim Capital
Illinois
$482K +$149K +16,594 +47%
SAM
23
Selway Asset Management
$468K -$19.9K -2,216 -4%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$462K -$34.7K -3,858 -7%
NA
25
NewEdge Advisors
Louisiana
$390K -$5.39K -600 -1%

ERC Hedge Fund Activity: Q2 2023 in Review

62 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q2 2023, worth a combined $40M — up 15% from $34.8M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new ERC positions and 3 closed out — a net gain of 6 holders — while 19 added to existing stakes and 19 trimmed.

The largest buyer was Shaker Financial Services, adding an estimated $1.09M. The largest seller was Raymond James & Associates, cutting an estimated $265K.

  • 62 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q2 2023, up from 57 in Q1 2023.
  • Funds reported $40M of Allspring Multi-Sector Income Fund stock for Q2 2023, up 15% quarter-over-quarter.
  • 9 funds opened new Allspring Multi-Sector Income Fund positions in Q2 2023 and 3 closed out, a net change of +6 holders.
  • The largest Allspring Multi-Sector Income Fund buyer in Q2 2023 was Shaker Financial Services, an estimated $1.09M added.
  • The largest Allspring Multi-Sector Income Fund seller in Q2 2023 was Raymond James & Associates, an estimated $265K sold.

Based on aggregated 13F filings for Q2 2023.