Allspring Utilities & High Income Fund
ERH
27 hedge funds and large institutions have $16.2M invested in Allspring Utilities & High Income Fund in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 6 closing their positions.
36% more capital invested
Capital invested by funds: $11.9M → $16.2M (+$4.28M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
4.24% more ownership
Funds ownership: 14.69% → 18.92% (+4.2%)
4% more funds holding
Funds holding: 26 → 27 (+1)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.91M |
| 2 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$1.63M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$419K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$398K |
| 5 |
SCM
Saba Capital Management
New York
|
+$387K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
Bridge Advisory
Pasadena,
California
|
-$2.53M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
-$435K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$198K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$142K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$135K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VAG
26
VisionPoint Advisory Group
Dallas,
Texas
| $3.68K | +$3.51K | +400 | New |
|
|
FIA
27
FNY Investment Advisers
New York
| $3K | – | – | – |
|
28
Wells Fargo
San Francisco,
California
| $5 | – | – | – |
|
|
WP
29
Woodline Partners
San Francisco,
California
| – | -$435K | -49,787 | Closed |
|
|
30
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$142K | -16,202 | Closed |
|
|
CAN
31
Cetera Advisor Networks
El Segundo,
California
| – | -$135K | -15,481 | Closed |
|
32
Invesco
Atlanta,
Georgia
| – | -$107K | -12,288 | Closed |
|
|
OP
33
ORG Partners
Roanoke,
Indiana
| – | -$53.3K | -6,100 | Closed |
|
|
HCM
34
Hollencrest Capital Management
Newport Beach,
California
| – | -$20K | -2,291 | Closed |
|
ERH Hedge Fund Activity: Q4 2023 in Review
27 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Allspring Utilities & High Income Fund (ERH) for Q4 2023, worth a combined $16.2M — up 36% from $11.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ERH positions and 6 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.91M. The largest seller was Bridge Advisory, cutting an estimated $2.53M.
- 27 institutional investors held Allspring Utilities & High Income Fund (ERH) as of Q4 2023, up from 26 in Q3 2023.
- Funds reported $16.2M of Allspring Utilities & High Income Fund stock for Q4 2023, up 36% quarter-over-quarter.
- 7 funds opened new Allspring Utilities & High Income Fund positions in Q4 2023 and 6 closed out, a net change of +1 holder.
- The largest Allspring Utilities & High Income Fund buyer in Q4 2023 was Morgan Stanley, an estimated $2.91M added.
- The largest Allspring Utilities & High Income Fund seller in Q4 2023 was Bridge Advisory, an estimated $2.53M sold.
Based on aggregated 13F filings for Q4 2023.