Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Allspring Multi Sector Incom (ERC)

70 + Investors. Track Smart Money conviction in ERC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
46%

Smart Money Signals — ERC

Based on 70 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their ERC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
70 hedge funds hold ERC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +19% more funds vs a year ago

fund count last 6Q
+11 new funds entered over the past year (+19% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 46% buying

29 buying34 selling
Last quarter: 34 funds reduced or exited vs 29 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 11 → 8 → 15 → 8. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 24% medium ■ 20% new
39 out of 70 hedge funds have held ERC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~8 new funds/quarter

4 → 11 → 8 → 15 → 8 new funds/Q
New funds entering each quarter: 11 → 8 → 15 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 56% veterans vs 27% newcomers

■ 56% veterans ■ 17% 1-2yr ■ 27% new
Entry-cohort mix of 70 holders: 39 (56%) are 2+ year veterans, 12 entered 1–2 years ago, and 19 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 40% AUM from top-100 funds

40% from top-100 AUM funds
12 of 70 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in ERC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ERC

In 2026 Q2, 29 hedge funds were net buyers of ERC (8 opened a new position, 21 added to an existing one), while 34 reduced or exited (24 trimmed, 10 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. 40% of total institutional value in ERC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 70.

Hedge Fund Ownership: ERC

How many hedge funds hold ERC — quarterly history vs. share price
Quarterly hedge fund ownership of ERC vs. share price

Market Analysis: ERC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ERC

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: ERC
70 + Investors

Track Smart Money conviction in ERC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 70 72 -2.78%
13F Shares 10M 10M 2.71%
Total Value $62M $61M 1.52%
New Positions 8 15 -7
Increased Positions 21 17 +4
Closed Positions 10 9 +1
Reduced Positions 24 20 +4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ERC

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Institutional Holders (2026 Q2)

70 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ERC. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ERC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Rareview Capital LLC 1.06% 201,234 $1.9M
2 Shaker Financial Services, LLC 1.03% 354,984 $3.3M
3 Byrne Asset Management LLC 0.79% 158,970 $1.5M
4 Morey & Quinn Wealth Partners, LLC 0.36% 61,031 $562K
5 Closed-End Fund Advisors, Inc. 0.36% 39,564 $364K
6 1607 Capital Partners, LLC 0.25% 311,920 $2.9M
7 Uncommon Cents Investing LLC 0.07% 36,325 $335K
8 Advisors Asset Management, Inc. 0.07% 480,826 $4.4M
9 Private Wealth Management Group, LLC 0.05% 25,260 $233K
10 Sowell Financial Services LLC 0.04% 147,782 $1.4M
11 Guggenheim Capital LLC 0.03% 520,997 $4.8M
12 Integris Wealth Management, LLC 0.02% 12,500 $115K
13 International Assets Investment Management, LLC 0.02% 39,294 $361K
14 Encompass More Asset Management 0.02% 13,963 $129K
15 VSM Wealth Advisory, LLC 0.02% 6,803 $63K
16 Independent Financial Group, LLC 0.01% 77,000 $709K
17 Capital Investment Advisors, LLC 0.01% 63,331 $583K
18 Benjamin Edwards Inc 0.01% 61,510 $567K
19 AlphaCore Capital LLC 0.00% 28,000 $260K
20 Nwam LLC 0.00% 10,300 $95K
21 Kovack Advisors, Inc. 0.00% 10,411 $96K
22 Readystate Asset Management LP 0.00% 10,641 $98K
23 Dynamic Advisor Solutions LLC 0.00% 12,816 $118K
24 Equitable Holdings, Inc. 0.00% 59,845 $551K
25 Concurrent Investment Advisors, LLC 0.00% 29,253 $269K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Allspring Multi Sector Incom (ERC)

What does the Smart Money Trend signal show for ERC?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their ERC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for ERC?

More sellers than buyers — 46% buying: Last quarter: 34 funds reduced or exited vs 29 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for ERC holders?

Elite ownership — 40% AUM from top-100 funds: 12 of 70 holders are among the 100 largest funds by AUM, controlling 40% of total institutional value in ERC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held ERC?

56% of holders stayed for 2+ years: 39 out of 70 hedge funds have held ERC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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