Allspring Utilities & High Income Fund
ERH
16 hedge funds and large institutions have $7.28M invested in Allspring Utilities & High Income Fund in 2016 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 3 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
0.52% less ownership
Funds ownership: 7.31% → 6.78% (-0.52%)
11% less funds holding
Funds holding: 18 → 16 (-2)
13% less capital invested
Capital invested by funds: $8.36M → $7.28M (-$1.08M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$351K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$137K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$130K |
| 4 |
MBT
Monroe Bank & Trust
Monroe,
Michigan
|
+$117K |
| 5 |
Morgan Stanley
New York
|
+$64.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.13M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$147K |
| 3 |
Citigroup
New York
|
-$120K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$12.2K |
| 5 |
AWM
Arbor Wealth Management
Miramar Beach,
Florida
|
-$7.62K |
ERH Hedge Fund Activity: Q4 2016 in Review
16 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Allspring Utilities & High Income Fund (ERH) for Q4 2016, worth a combined $7.28M — down 13% from $8.36M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ERH and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was LPL Financial, adding an estimated $351K. The largest seller was Advisors Asset Management, cutting an estimated $1.13M.
- 16 institutional investors held Allspring Utilities & High Income Fund (ERH) as of Q4 2016, down from 18 in Q3 2016.
- Funds reported $7.28M of Allspring Utilities & High Income Fund stock for Q4 2016, down 13% quarter-over-quarter.
- 1 fund opened new Allspring Utilities & High Income Fund positions in Q4 2016 and 3 closed out, a net change of -2 holders.
- The largest Allspring Utilities & High Income Fund buyer in Q4 2016 was LPL Financial, an estimated $351K added.
- The largest Allspring Utilities & High Income Fund seller in Q4 2016 was Advisors Asset Management, an estimated $1.13M sold.
Based on aggregated 13F filings for Q4 2016.