Allspring Multi-Sector Income Fund
ERC
66 hedge funds and large institutions have $48.6M invested in Allspring Multi-Sector Income Fund in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 28 increasing their positions, 13 reducing their positions, and 10 closing their positions.
115% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 13
8% more capital invested
Capital invested by funds: $45.1M → $48.6M (+$3.48M)
2.57% more ownership
Funds ownership: 16.69% → 19.26% (+2.6%)
7% less funds holding
Funds holding: 71 → 66 (-5)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.58M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.37M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.34M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$960K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$956K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$1.51M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.38M |
| 3 |
AWA
Aquire Wealth Advisors
South Jordan,
Utah
|
-$255K |
| 4 |
SP
Stonebrook Private
Northville,
Michigan
|
-$186K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$178K |
ERC Hedge Fund Activity: Q2 2024 in Review
66 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q2 2024, worth a combined $48.6M — up 7.7% from $45.1M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ERC and 6 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 28 added.
The largest buyer was 1607 Capital Partners, opening a new position worth an estimated $1.58M. The largest seller was Global Assets Advisory, exiting entirely with an estimated $1.51M sold.
- 66 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q2 2024, down from 71 in Q1 2024.
- Funds reported $48.6M of Allspring Multi-Sector Income Fund stock for Q2 2024, up 7.7% quarter-over-quarter.
- 6 funds opened new Allspring Multi-Sector Income Fund positions in Q2 2024 and 10 closed out, a net change of -4 holders.
- The largest Allspring Multi-Sector Income Fund buyer in Q2 2024 was 1607 Capital Partners, an estimated $1.58M added.
- The largest Allspring Multi-Sector Income Fund seller in Q2 2024 was Global Assets Advisory, an estimated $1.51M sold.
Based on aggregated 13F filings for Q2 2024.