Allspring Multi-Sector Income Fund
ERC
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.
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: 57 → 62 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.09M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.08M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$714K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$658K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$265K |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
-$229K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$196K |
| 4 |
Morgan Stanley
New York
|
-$177K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$142K |
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.