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ERC

Allspring Multi-Sector Income Fund

67 hedge funds and large institutions have $42.9M invested in Allspring Multi-Sector Income Fund in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

12% more capital invested

Capital invested by funds: $38.2M → $42.9M (+$4.77M)

12% more funds holding

Funds holding: 6067 (+7)

1.26% more ownership

Funds ownership: 14.94%16.2% (+1.3%)

20% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 25

Holders
67
Holders Change
+7
Holders Change %
+11.67%
% of All Funds
0.98%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
20
Reduced
25
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$4.47M +$2.11M +231,555 +96%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$3.79M +$158K +17,410 +5%
SFS
3
Shaker Financial Services
Virginia
$3.53M +$2.27M +249,599 +205%
Invesco
4
Invesco
Georgia
$3.08M +$294K +32,372 +11%
RJA
5
Raymond James & Associates
Florida
$2.56M -$1.28M -141,277 -34%
Ameriprise
6
Ameriprise
Minnesota
$2.54M +$68.4K +7,523 +3%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$1.97M -$12.9K -1,417 -0.7%
Osaic Holdings
8
Osaic Holdings
Arizona
$1.89M -$373K -41,068 -17%
SFS
9
Sowell Financial Services
Arkansas
$1.69M +$2.96K +326 +0.2%
Stifel Financial
10
Stifel Financial
Missouri
$1.64M -$25.1K -2,764 -2%
Northwestern Mutual Wealth Management
11
Northwestern Mutual Wealth Management
Wisconsin
$1.41M +$9.21K +1,013 +0.7%
Cohen & Steers
12
Cohen & Steers
New York
$1.36M
Fiera Capital (Canada)
13
Fiera Capital (Canada)
Quebec, Canada
$1.04M
BFEC
14
Benjamin F. Edwards & Company
Missouri
$1.02M +$37.4K +4,109 +4%
SIA
15
Sit Investment Associates
Minnesota
$1.01M -$43.7K -4,800 -4%
GC
16
Guggenheim Capital
Illinois
$623K -$1.41K -155 -0.2%
Bank of America
17
Bank of America
North Carolina
$621K -$11.6K -1,280 -2%
UBS Group
18
UBS Group
Switzerland
$545K -$41.6K -4,571 -7%
LCM
19
Landscape Capital Management
New Jersey
$516K +$497K +54,618 New
PGFC
20
Peapack-Gladstone Financial Corp
New Jersey
$511K -$98.9K -10,873 -17%
CIA
21
Capital Investment Advisors
Georgia
$505K -$37.5K -4,124 -7%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$432K +$12.2K +1,337 +3%
IFG
23
Independent Financial Group
California
$396K +$3.18K +350 +0.8%
NA
24
NewEdge Advisors
Louisiana
$380K +$102K +11,200 +38%
SAM
25
Selway Asset Management
$338K -$79.8K -8,772 -20%

ERC Hedge Fund Activity: Q4 2023 in Review

67 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q4 2023, worth a combined $42.9M — up 12% from $38.2M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new ERC positions and 2 closed out — a net gain of 7 holders — while 20 added to existing stakes and 25 trimmed.

The largest buyer was Shaker Financial Services, adding an estimated $2.27M. The largest seller was Raymond James & Associates, cutting an estimated $1.28M.

  • 67 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q4 2023, up from 60 in Q3 2023.
  • Funds reported $42.9M of Allspring Multi-Sector Income Fund stock for Q4 2023, up 12% quarter-over-quarter.
  • 9 funds opened new Allspring Multi-Sector Income Fund positions in Q4 2023 and 2 closed out, a net change of +7 holders.
  • The largest Allspring Multi-Sector Income Fund buyer in Q4 2023 was Shaker Financial Services, an estimated $2.27M added.
  • The largest Allspring Multi-Sector Income Fund seller in Q4 2023 was Raymond James & Associates, an estimated $1.28M sold.

Based on aggregated 13F filings for Q4 2023.