Bancroft Fund
BCV
33 hedge funds and large institutions have $35.4M invested in Bancroft Fund in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
1% more capital invested
Capital invested by funds: $35.1M → $35.4M (+$278K)
0% more funds holding
Funds holding: 33 → 33 (0)
0.21% less ownership
Funds ownership: 33.3% → 33.09% (-0.21%)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$2.24M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$108K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$87.7K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$35.9K |
| 5 |
WRM
Westport Resources Management
Westport,
Connecticut
|
+$25.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$634K |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$559K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$501K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$306K |
| 5 |
DI
Dalton Investments
Las Vegas,
Nevada
|
-$251K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $29K | -$19.5K | -983 | -41% |
|
27
Citigroup
New York
| $24K | -$5.32K | -268 | -18% |
|
|
RIM
28
Ranger International Management
Lake Forest,
Illinois
| $13K | – | – | – |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $10K | – | – | – |
|
|
PAM
30
Panagora Asset Management
Boston,
Massachusetts
| $5K | +$4.92K | +248 | New |
|
|
NPC
31
National Planning Corporation
El Segundo,
California
| $4.07K | +$4.03K | +203 | New |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $2K | – | – | – |
|
|
BRWA
33
B. Riley Wealth Advisors
Boca Raton,
Florida
| $36 | +$35.9K | +1,808 | New |
|
|
GFM
34
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$559K | -28,297 | Closed |
|
|
WAM
35
Wolverine Asset Management
Chicago,
Illinois
| – | -$501K | -25,395 | Closed |
|
36
BNP Paribas Financial Markets
Paris,
France
| – | -$25.7K | -1,300 | Closed |
|
BCV Hedge Fund Activity: Q4 2014 in Review
33 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q4 2014, worth a combined $35.4M — up 0.79% from $35.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BCV positions and 3 closed out — a net gain of 1 holder — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Ancora Advisors, adding an estimated $2.24M. The largest seller was Morgan Stanley, cutting an estimated $634K.
- 33 institutional investors held Bancroft Fund (BCV) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $35.4M of Bancroft Fund stock for Q4 2014, up 0.79% quarter-over-quarter.
- 4 funds opened new Bancroft Fund positions in Q4 2014 and 3 closed out, a net change of +1 holder.
- The largest Bancroft Fund buyer in Q4 2014 was Ancora Advisors, an estimated $2.24M added.
- The largest Bancroft Fund seller in Q4 2014 was Morgan Stanley, an estimated $634K sold.
Based on aggregated 13F filings for Q4 2014.