Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Allspring Multi Sector Incom (ERC)

72 + 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
↑ +7
Streak
3Q ▲
Buyers last Q
53%

Smart Money Signals — ERC

Based on 72 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added ERC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
72 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 — +9% more funds vs a year ago

fund count last 6Q
+6 new funds entered over the past year (+9% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 53% buying

32 buying28 selling
Last quarter: 32 funds bought or added vs 28 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new ERC position: 3 → 11 → 8 → 15. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 19% medium ■ 24% new
41 out of 72 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.
💎

Buying through price weakness — shares +2%, value -40%

Value
-39%
Shares
+2%
Last quarter: funds added +2% more shares while total portfolio value only changed -40%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

6 → 3 → 11 → 8 → 15 new funds/Q
New funds entering each quarter: 3 → 11 → 8 → 15. A growing number of institutions are discovering ERC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 57% of holders stayed 2+ years

■ 57% veterans ■ 17% 1-2yr ■ 26% new
Of 72 current holders: 41 (57%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
11 of 72 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
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 Q1, 32 hedge funds were net buyers of ERC (15 opened a new position, 17 added to an existing one), while 28 reduced or exited (20 trimmed, 8 sold completely) — a 53% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 38% of total institutional value in ERC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 72.

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

-- --

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

Is It Too Late to Buy Allspring Multi Sector Incom (ERC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much ERC has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 80d ago
ERC
nan%
XLF
+9.5%

ERC outperformed XLF by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
ERC
nan%
XLF
+5.8%

Since the filing became public, ERC outperformed XLF by nan% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

4 top-rated funds 0 high-conviction
Consensus
3.0
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: ERC
72 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 72 65 10.77%
13F Shares 10M 10M 2.11%
Total Value $61M $101M -39.57%
New Positions 15 8 +7
Increased Positions 17 16 +1
Closed Positions 8 7 +1
Reduced Positions 20 21 -1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ERC

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
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Income Statement & Cash Flow
Revenue (ttm) --
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

72 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Shaker Financial Services, LLC 1.17% 368,049 $3.3M
2 Rareview Capital LLC 1.02% 183,467 $1.7M
3 Byrne Asset Management LLC 0.98% 184,930 $1.7M
4 Morey & Quinn Wealth Partners, LLC 0.41% 63,431 $572K
5 1607 Capital Partners, LLC 0.34% 525,628 $4.7M
6 Closed-End Fund Advisors, Inc. 0.34% 36,682 $331K
7 Uncommon Cents Investing LLC 0.08% 36,325 $327K
8 IFG Advisory, LLC 0.06% 2,500 $23K
9 Catalina Capital Group, LLC 0.06% 10,929 $98K
10 Sowell Financial Services LLC 0.05% 157,253 $1.4M
11 Guggenheim Capital LLC 0.05% 657,365 $5.9M
12 Advisors Asset Management, Inc. 0.04% 237,759 $2.1M
13 Integris Wealth Management, LLC 0.03% 12,500 $116K
14 International Assets Investment Management, LLC 0.02% 35,670 $324K
15 Encompass More Asset Management 0.02% 13,866 $125K
16 Independent Financial Group, LLC 0.02% 76,600 $690K
17 VSM Wealth Advisory, LLC 0.02% 6,803 $61K
18 Capital Investment Advisors, LLC 0.01% 51,609 $465K
19 AlphaCore Capital LLC 0.01% 30,000 $272K
20 Nwam LLC 0.01% 12,359 $111K
21 Benjamin Edwards Inc 0.01% 66,251 $597K
22 Independent Advisor Alliance 0.01% 52,100 $469K
23 Equitable Holdings, Inc. 0.00% 59,813 $556K
24 Dynamic Advisor Solutions LLC 0.00% 12,116 $109K
25 Concurrent Investment Advisors, LLC 0.00% 28,481 $257K
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?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added ERC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ERC?

Slight buying edge — 53% buying: Last quarter: 32 funds bought or added vs 28 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for ERC holders?

Strong quality — 38% AUM from major funds: 11 of 72 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held ERC?

57% of holders stayed for 2+ years: 41 out of 72 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.

Is it too late to buy Allspring Multi Sector Incom (ERC) following the 2026 Q1 hedge fund 13F filings?

As of today, ERC has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), ERC has gained nan% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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