Allspring Multi-Sector Income Fund
ERC
71 hedge funds and large institutions have $43.6M invested in Allspring Multi-Sector Income Fund in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 16 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
69% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 16
7% more capital invested
Capital invested by funds: $40.7M → $43.6M (+$2.92M)
6% more funds holding
Funds holding: 67 → 71 (+4)
1.28% more ownership
Funds ownership: 15.36% → 16.64% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.33M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$920K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$597K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$404K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$811K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$219K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$137K |
| 4 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$130K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$127K |
ERC Hedge Fund Activity: Q1 2024 in Review
71 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q1 2024, worth a combined $43.6M — up 7.2% from $40.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ERC positions and 5 closed out — a net gain of 5 holders — while 27 added to existing stakes and 16 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.33M. The largest seller was Sit Investment Associates, cutting an estimated $811K.
- 71 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q1 2024, up from 67 in Q4 2023.
- Funds reported $43.6M of Allspring Multi-Sector Income Fund stock for Q1 2024, up 7.2% quarter-over-quarter.
- 10 funds opened new Allspring Multi-Sector Income Fund positions in Q1 2024 and 5 closed out, a net change of +5 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q1 2024 was Shaker Financial Services, an estimated $1.33M added.
- The largest Allspring Multi-Sector Income Fund seller in Q1 2024 was Sit Investment Associates, an estimated $811K sold.
Based on aggregated 13F filings for Q1 2024.