Allspring Utilities & High Income Fund
ERH
27 hedge funds and large institutions have $17.2M invested in Allspring Utilities & High Income Fund in 2024 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 6 closing their positions.
1.09% more ownership
Funds ownership: 16.09% → 17.18% (+1.1%)
3% more capital invested
Capital invested by funds: $16.7M → $17.2M (+$489K)
4% less funds holding
Funds holding: 28 → 27 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.09M |
| 2 |
ZP
Zimmer Partners
New York
|
+$574K |
| 3 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$477K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$132K |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$216K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$211K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$210K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$177K |
| 5 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$175K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
26
FNY Investment Advisers
New York
| $4K | – | – | – |
|
27
Wells Fargo
San Francisco,
California
| $7 | – | – | – |
|
|
CA
28
Cornerstone Advisors
Asheville,
North Carolina
| – | -$210K | -18,826 | Closed |
|
|
29
Stifel Financial
St. Louis,
Missouri
| – | -$177K | -15,856 | Closed |
|
|
ACM
30
Arlington Capital Management
Arlington Heights,
Illinois
| – | -$175K | -15,661 | Closed |
|
|
IWP
31
Innova Wealth Partners
Newtown,
Pennsylvania
| – | -$175K | -15,661 | Closed |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$3.35K | -300 | Closed |
|
33
Bank of America
Charlotte,
North Carolina
| – | -$1.12K | -100 | Closed |
|
ERH Hedge Fund Activity: Q4 2024 in Review
27 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in Allspring Utilities & High Income Fund (ERH) for Q4 2024, worth a combined $17.2M — up 2.9% from $16.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ERH and 5 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 6 added.
The largest buyer was Saba Capital Management, adding an estimated $1.09M. The largest seller was 1607 Capital Partners, cutting an estimated $216K.
- 27 institutional investors held Allspring Utilities & High Income Fund (ERH) as of Q4 2024, down from 28 in Q3 2024.
- Funds reported $17.2M of Allspring Utilities & High Income Fund stock for Q4 2024, up 2.9% quarter-over-quarter.
- 5 funds opened new Allspring Utilities & High Income Fund positions in Q4 2024 and 6 closed out, a net change of -1 holder.
- The largest Allspring Utilities & High Income Fund buyer in Q4 2024 was Saba Capital Management, an estimated $1.09M added.
- The largest Allspring Utilities & High Income Fund seller in Q4 2024 was 1607 Capital Partners, an estimated $216K sold.
Based on aggregated 13F filings for Q4 2024.