Allspring Utilities & High Income Fund
27 hedge funds and large institutions have $13.7M invested in Allspring Utilities & High Income Fund in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
15% more capital invested
Capital invested by funds: $11.9M → $13.7M (+$1.84M)
4% more funds holding
Funds holding: 26 → 27 (+1)
1.38% more ownership
Funds ownership: 14.69% → 16.07% (+1.4%)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$1.63M |
| 2 |
Morgan Stanley
New York
|
+$586K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$419K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$398K |
| 5 |
SCM
Saba Capital Management
New York
|
+$387K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
Bridge Advisory
Pasadena,
California
|
-$2.53M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
-$435K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$198K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$142K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$135K |
ERH Hedge Fund Activity: Q4 2023 in Review
27 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Allspring Utilities & High Income Fund (ERH) for Q4 2023, worth a combined $13.7M — up 15% from $11.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ERH positions and 6 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Axxcess Wealth Management, adding an estimated $1.63M. The largest seller was Bridge Advisory, cutting an estimated $2.53M.
- 27 institutional investors held Allspring Utilities & High Income Fund (ERH) as of Q4 2023, up from 26 in Q3 2023.
- Funds reported $13.7M of Allspring Utilities & High Income Fund stock for Q4 2023, up 15% quarter-over-quarter.
- 7 funds opened new Allspring Utilities & High Income Fund positions in Q4 2023 and 6 closed out, a net change of +1 holder.
- The largest Allspring Utilities & High Income Fund buyer in Q4 2023 was Axxcess Wealth Management, an estimated $1.63M added.
- The largest Allspring Utilities & High Income Fund seller in Q4 2023 was Bridge Advisory, an estimated $2.53M sold.
Based on aggregated 13F filings for Q4 2023.