Allspring Utilities & High Income Fund
ERH
15 hedge funds and large institutions have $8.58M invested in Allspring Utilities & High Income Fund in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 4 closing their positions.
3% more capital invested
Capital invested by funds: $8.31M → $8.58M (+$269K)
0.12% less ownership
Funds ownership: 7.06% → 6.94% (-0.12%)
6% less funds holding
Funds holding: 16 → 15 (-1)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Arbor Wealth Management
Miramar Beach,
Florida
|
+$236K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$103K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$42.8K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$14.7K |
| 5 |
WEC
Winslow Evans & Crocker
Boston,
Massachusetts
|
+$5.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$256K |
| 2 |
MBT
Monroe Bank & Trust
Monroe,
Michigan
|
-$126K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$98K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$36.8K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$16K |
ERH Hedge Fund Activity: Q2 2016 in Review
15 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Allspring Utilities & High Income Fund (ERH) for Q2 2016, worth a combined $8.58M — up 3.2% from $8.31M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ERH and 3 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 4 added.
The largest buyer was Arbor Wealth Management, opening a new position worth an estimated $236K. The largest seller was LPL Financial, cutting an estimated $256K.
- 15 institutional investors held Allspring Utilities & High Income Fund (ERH) as of Q2 2016, down from 16 in Q1 2016.
- Funds reported $8.58M of Allspring Utilities & High Income Fund stock for Q2 2016, up 3.2% quarter-over-quarter.
- 3 funds opened new Allspring Utilities & High Income Fund positions in Q2 2016 and 4 closed out, a net change of -1 holder.
- The largest Allspring Utilities & High Income Fund buyer in Q2 2016 was Arbor Wealth Management, an estimated $236K added.
- The largest Allspring Utilities & High Income Fund seller in Q2 2016 was LPL Financial, an estimated $256K sold.
Based on aggregated 13F filings for Q2 2016.