Allspring Utilities & High Income Fund
ERH
28 hedge funds and large institutions have $16.7M invested in Allspring Utilities & High Income Fund in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
15% more capital invested
Capital invested by funds: $14.6M → $16.7M (+$2.13M)
4% more funds holding
Funds holding: 27 → 28 (+1)
0.13% more ownership
Funds ownership: 15.96% → 16.09% (+0.13%)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$580K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$525K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$280K |
| 4 |
SCM
Saba Capital Management
New York
|
+$177K |
| 5 |
IWP
Innova Wealth Partners
Newtown,
Pennsylvania
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.01M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$200K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$190K |
| 4 |
NFG
Nations Financial Group
Cedar Rapids,
Iowa
|
-$98.2K |
| 5 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
-$92.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $3.35K | – | – | – |
|
27
Bank of America
Charlotte,
North Carolina
| $1.12K | +$1.04K | +100 | New |
|
28
Wells Fargo
San Francisco,
California
| $10 | +$10 | +1 | New |
|
|
NFG
29
Nations Financial Group
Cedar Rapids,
Iowa
| – | -$98.2K | -10,000 | Closed |
|
|
SA
30
Sanctuary Advisors
Indianapolis,
Indiana
| – | -$92.3K | -10,000 | Closed |
|
|
VAG
31
VisionPoint Advisory Group
Dallas,
Texas
| – | -$3.93K | -400 | Closed |
|
|
BHWM
32
Beaird Harris Wealth Management
Dallas,
Texas
| – | -$3.49K | -355 | Closed |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -100 | Closed |
|
ERH Hedge Fund Activity: Q3 2024 in Review
28 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Allspring Utilities & High Income Fund (ERH) for Q3 2024, worth a combined $16.7M — up 15% from $14.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ERH positions and 5 closed out — a net gain of 1 holder — while 9 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $580K. The largest seller was Cornerstone Advisors, cutting an estimated $1.01M.
- 28 institutional investors held Allspring Utilities & High Income Fund (ERH) as of Q3 2024, up from 27 in Q2 2024.
- Funds reported $16.7M of Allspring Utilities & High Income Fund stock for Q3 2024, up 15% quarter-over-quarter.
- 6 funds opened new Allspring Utilities & High Income Fund positions in Q3 2024 and 5 closed out, a net change of +1 holder.
- The largest Allspring Utilities & High Income Fund buyer in Q3 2024 was Morgan Stanley, an estimated $580K added.
- The largest Allspring Utilities & High Income Fund seller in Q3 2024 was Cornerstone Advisors, an estimated $1.01M sold.
Based on aggregated 13F filings for Q3 2024.