Allspring Global Investments Holdings LLC is making waves in the financial markets with its new Investments. On Monday, January 30, 2023, the company announced several new purchases in different companies.
Allspring Global Investments Holdings LLC purchased new holdings in Certara, Inc. (NASDAQ:CERT). The company is a leading provider of drug development and regulatory science solutions. This purchase will help Allspring Global Investments Holdings LLC expand its portfolio.
The company also made a new $89,000 investment in Geron Co. (NASDAQ:GERN). This purchase bolsters Allspring Global Investments Holdings LLC's holdings in the company, bringing the total number of shares directly owned by the investment firm to 6,375.
Allspring Global Investments Holdings LLC's holdings in Southside Bancshares were also worth $169,000 as of its most recent SEC filing. The company purchased shares of 34,573 Quad/Graphics, Inc. (NYSE:QUAD) and has a $75,000 stake in Urstadt Biddle Properties Inc. (NYSE:UBA).
Allspring Global Investments is an independent asset management firm with more than $463 billion in assets under management*, offices around the world and a wide range of products and services. The company's goal is to provide quality investment solutions to help clients achieve their financial goals. The company also has a commitment to responsible investing.
Institutional investors and hedge funds own 67.98% of the company's stock. Allspring Global Investments Holdings LLC is set to make more Investments in the coming months and is sure to make an impact on the financial markets.
*As of January 30, 2023.