Allspring Utilities & High Income Fund
ERH
25 hedge funds and large institutions have $12M invested in Allspring Utilities & High Income Fund in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
19% more funds holding
Funds holding: 21 → 25 (+4)
11% more capital invested
Capital invested by funds: $10.8M → $12M (+$1.19M)
1.85% more ownership
Funds ownership: 10.92% → 12.78% (+1.9%)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.32M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$196K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$118K |
| 4 |
BA
Bridge Advisory
Pasadena,
California
|
+$92.7K |
| 5 |
Morgan Stanley
New York
|
+$82.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$41K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$28.4K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$20.5K |
| 4 |
LPL Financial
San Diego,
California
|
-$14.3K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$13.8K |
ERH Hedge Fund Activity: Q2 2023 in Review
25 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Allspring Utilities & High Income Fund (ERH) for Q2 2023, worth a combined $12M — up 11% from $10.8M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ERH positions and 1 closed out — a net gain of 4 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $1.32M. The largest seller was UBS Group, cutting an estimated $41K.
- 25 institutional investors held Allspring Utilities & High Income Fund (ERH) as of Q2 2023, up from 21 in Q1 2023.
- Funds reported $12M of Allspring Utilities & High Income Fund stock for Q2 2023, up 11% quarter-over-quarter.
- 5 funds opened new Allspring Utilities & High Income Fund positions in Q2 2023 and 1 closed out, a net change of +4 holders.
- The largest Allspring Utilities & High Income Fund buyer in Q2 2023 was 1607 Capital Partners, an estimated $1.32M added.
- The largest Allspring Utilities & High Income Fund seller in Q2 2023 was UBS Group, an estimated $41K sold.
Based on aggregated 13F filings for Q2 2023.