Allspring Utilities & High Income Fund
26 hedge funds and large institutions have $14.4M invested in Allspring Utilities & High Income Fund in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 7 closing their positions.
5% more capital invested
Capital invested by funds: $13.7M → $14.4M (+$663K)
0.36% more ownership
Funds ownership: 16.07% → 16.43% (+0.36%)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
4% less funds holding
Funds holding: 27 → 26 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$873K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$179K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$154K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$129K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$102K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$406K |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
-$227K |
| 3 |
BA
Bridge Advisory
Pasadena,
California
|
-$189K |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$141K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$124K |
ERH Hedge Fund Activity: Q1 2024 in Review
26 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Allspring Utilities & High Income Fund (ERH) for Q1 2024, worth a combined $14.4M — up 4.8% from $13.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ERH and 6 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 7 added.
The largest buyer was Morgan Stanley, adding an estimated $873K. The largest seller was Saba Capital Management, exiting entirely with an estimated $406K sold.
- 26 institutional investors held Allspring Utilities & High Income Fund (ERH) as of Q1 2024, down from 27 in Q4 2023.
- Funds reported $14.4M of Allspring Utilities & High Income Fund stock for Q1 2024, up 4.8% quarter-over-quarter.
- 6 funds opened new Allspring Utilities & High Income Fund positions in Q1 2024 and 7 closed out, a net change of -1 holder.
- The largest Allspring Utilities & High Income Fund buyer in Q1 2024 was Morgan Stanley, an estimated $873K added.
- The largest Allspring Utilities & High Income Fund seller in Q1 2024 was Saba Capital Management, an estimated $406K sold.
Based on aggregated 13F filings for Q1 2024.