Bancroft Fund
BCV
32 hedge funds and large institutions have $36.7M invested in Bancroft Fund in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 5 closing their positions.
4% more capital invested
Capital invested by funds: $35.4M → $36.7M (+$1.27M)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
3% less funds holding
Funds holding: 33 → 32 (-1)
4.5% less ownership
Funds ownership: 33.09% → 28.59% (-4.5%)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$321K |
| 2 |
CWM
Concert Wealth Management
San Jose,
California
|
+$205K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$177K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$168K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$147K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$5.18M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$663K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$259K |
| 4 |
DI
Dalton Investments
Las Vegas,
Nevada
|
-$208K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$193K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
26
SignatureFD
Atlanta,
Georgia
| $34K | – | – | – |
|
|
AIG
27
American International Group
New York
| $30.2K | – | – | – |
|
|
PAM
28
Panagora Asset Management
Boston,
Massachusetts
| $23K | +$17.6K | +867 | +350% |
|
|
RIM
29
Ranger International Management
Lake Forest,
Illinois
| $13K | – | – | – |
|
|
BBPWM
30
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $12K | -$25K | -1,229 | -68% |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $10K | – | – | – |
|
32
Citigroup
New York
| $7K | -$17.7K | -871 | -71% |
|
|
RCM
33
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$663K | -33,057 | Closed |
|
|
DI
34
Dalton Investments
Las Vegas,
Nevada
| – | -$208K | -10,374 | Closed |
|
|
BRWA
35
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$36 | -1,808 | Closed |
|
|
NPC
36
National Planning Corporation
El Segundo,
California
| – | -$4.07K | -203 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | -$1.14K | -56 | -73% |
|
BCV Hedge Fund Activity: Q1 2015 in Review
32 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q1 2015, worth a combined $36.7M — up 3.6% from $35.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BCV and 4 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 10 added.
The largest buyer was Gramercy Funds Management, opening a new position worth an estimated $321K. The largest seller was Ancora Advisors, exiting entirely with an estimated $5.18M sold.
- 32 institutional investors held Bancroft Fund (BCV) as of Q1 2015, down from 33 in Q4 2014.
- Funds reported $36.7M of Bancroft Fund stock for Q1 2015, up 3.6% quarter-over-quarter.
- 4 funds opened new Bancroft Fund positions in Q1 2015 and 5 closed out, a net change of -1 holder.
- The largest Bancroft Fund buyer in Q1 2015 was Gramercy Funds Management, an estimated $321K added.
- The largest Bancroft Fund seller in Q1 2015 was Ancora Advisors, an estimated $5.18M sold.
Based on aggregated 13F filings for Q1 2015.