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ERC

Allspring Multi-Sector Income Fund

70 hedge funds and large institutions have $62.7M invested in Allspring Multi-Sector Income Fund in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

29% more capital invested

Capital invested by funds: $48.6M → $62.7M (+$14.2M)

6% more funds holding

Funds holding: 6670 (+4)

5.16% more ownership

Funds ownership: 19.26%24.42% (+5.2%)

9% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 22

Holders
70
Holders Change
+4
Holders Change %
+6.06%
% of All Funds
1.01%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
24
Reduced
22
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$4.87M +$819K +88,640 +21%
SIA
2
Sit Investment Associates
Minnesota
$4.79M +$3.07M +331,585 +196%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$4.51M +$584K +63,208 +16%
SFS
4
Shaker Financial Services
Virginia
$4.46M -$277K -30,012 -6%
RJA
5
Raymond James & Associates
Florida
$3.25M -$21.1K -2,286 -0.7%
1CP
6
1607 Capital Partners
Virginia
$3.23M +$1.5M +162,300 +93%
Morgan Stanley
7
Morgan Stanley
New York
$3.22M +$119K +12,835 +4%
Pathstone Holdings
8
Pathstone Holdings
New Jersey
$2.94M +$2.84M +307,097 New
RJFSA
9
Raymond James Financial Services Advisors
Florida
$2.8M +$420K +45,478 +18%
Ameriprise
10
Ameriprise
Minnesota
$2.42M -$251K -27,125 -10%
LCM
11
Landscape Capital Management
New Jersey
$2.21M -$2.63K -285 -0.1%
SFS
12
Sowell Financial Services
Arkansas
$1.53M -$97K -10,498 -6%
WAM
13
Wolverine Asset Management
Illinois
$1.45M +$450K +48,692 +47%
BEI
14
Benjamin Edwards Inc
Missouri
$1.43M +$1.38M +149,425 New
Stifel Financial
15
Stifel Financial
Missouri
$1.38M -$49.7K -5,372 -4%
Cohen & Steers
16
Cohen & Steers
New York
$1.38M
AA
17
AQR Arbitrage
Connecticut
$1.33M +$321K +34,683 +33%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$1.33M +$156K +16,859 +14%
Northwestern Mutual Wealth Management
19
Northwestern Mutual Wealth Management
Wisconsin
$1.32M -$13.9K -1,505 -1%
TJHA
20
Thomas J. Herzfeld Advisors
Florida
$1.24M +$63.8K +6,899 +6%
Fiera Capital (Canada)
21
Fiera Capital (Canada)
Quebec, Canada
$1.09M +$29.5K +3,193 +3%
AAM
22
Advisors Asset Management
Colorado
$863K -$290K -31,373 -26%
RC
23
Rareview Capital
Nevada
$697K +$673K +72,762 New
UBS Group
24
UBS Group
Switzerland
$670K +$19.6K +2,117 +3%
Bank of America
25
Bank of America
North Carolina
$623K -$2.36K -255 -0.4%

ERC Hedge Fund Activity: Q3 2024 in Review

70 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Allspring Multi-Sector Income Fund (ERC) for Q3 2024, worth a combined $62.7M — up 29% from $48.6M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new ERC positions and 6 closed out — a net gain of 5 holders — while 24 added to existing stakes and 22 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $3.07M. The largest seller was Advisors Asset Management, cutting an estimated $290K.

  • 70 institutional investors held Allspring Multi-Sector Income Fund (ERC) as of Q3 2024, up from 66 in Q2 2024.
  • Funds reported $62.7M of Allspring Multi-Sector Income Fund stock for Q3 2024, up 29% quarter-over-quarter.
  • 11 funds opened new Allspring Multi-Sector Income Fund positions in Q3 2024 and 6 closed out, a net change of +5 holders.
  • The largest Allspring Multi-Sector Income Fund buyer in Q3 2024 was Sit Investment Associates, an estimated $3.07M added.
  • The largest Allspring Multi-Sector Income Fund seller in Q3 2024 was Advisors Asset Management, an estimated $290K sold.

Based on aggregated 13F filings for Q3 2024.