Allspring Utilities & High Income Fund
ERH
26 hedge funds and large institutions have $11.9M invested in Allspring Utilities & High Income Fund in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
4% more funds holding
Funds holding: 25 → 26 (+1)
1.91% more ownership
Funds ownership: 12.78% → 14.69% (+1.9%)
1% less capital invested
Capital invested by funds: $12M → $11.9M (-$98.2K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$692K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$523K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$415K |
| 4 |
BA
Bridge Advisory
Pasadena,
California
|
+$232K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$166K |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
-$130K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$55.6K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$46.6K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$26.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
26
FNY Investment Advisers
New York
| $3K | – | – | – |
|
27
Wells Fargo
San Francisco,
California
| $2 | -$10 | -1 | Closed |
|
|
28
Bank of America
Charlotte,
North Carolina
| – | -$55.6K | -5,494 | Closed |
|
|
VAG
29
VisionPoint Advisory Group
Dallas,
Texas
| – | -$4.05K | -400 | Closed |
|
ERH Hedge Fund Activity: Q3 2023 in Review
26 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Allspring Utilities & High Income Fund (ERH) for Q3 2023, worth a combined $11.9M — down 0.82% from $12M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ERH positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Axxcess Wealth Management, opening a new position worth an estimated $692K. The largest seller was Morgan Stanley, cutting an estimated $166K.
- 26 institutional investors held Allspring Utilities & High Income Fund (ERH) as of Q3 2023, up from 25 in Q2 2023.
- Funds reported $11.9M of Allspring Utilities & High Income Fund stock for Q3 2023, down 0.82% quarter-over-quarter.
- 4 funds opened new Allspring Utilities & High Income Fund positions in Q3 2023 and 3 closed out, a net change of +1 holder.
- The largest Allspring Utilities & High Income Fund buyer in Q3 2023 was Axxcess Wealth Management, an estimated $692K added.
- The largest Allspring Utilities & High Income Fund seller in Q3 2023 was Morgan Stanley, an estimated $166K sold.
Based on aggregated 13F filings for Q3 2023.