Bancroft Fund
BCV
31 hedge funds and large institutions have $29.6M invested in Bancroft Fund in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 3 closing their positions.
3% more capital invested
Capital invested by funds: $28.8M → $29.6M (+$764K)
0% more funds holding
Funds holding: 31 → 31 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
1.45% less ownership
Funds ownership: 31.08% → 29.63% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$378K |
| 2 |
OC
Oppenheimer & Co
New York
|
+$172K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$140K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$115K |
| 5 |
SCM
Saba Capital Management
New York
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$773K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$549K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$311K |
| 4 |
LPL Financial
San Diego,
California
|
-$303K |
| 5 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$283K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
26
SignatureFD
Atlanta,
Georgia
| $32K | – | – | – |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $20K | +$19.8K | +1,080 | New |
|
|
WRM
28
Westport Resources Management
Westport,
Connecticut
| $18K | -$403 | -22 | -2% |
|
29
Bank of America
Charlotte,
North Carolina
| $5K | – | – | – |
|
|
GWM
30
Geneos Wealth Management
Englewood,
Colorado
| $4K | +$37 | +2 | +0.9% |
|
|
1CP
31
1607 Capital Partners
Richmond,
Virginia
| – | -$773K | -43,069 | Closed |
|
|
GFM
32
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$283K | -15,791 | Closed |
|
|
IA
33
IFP Advisors
Tampa,
Florida
| – | -$43.5K | -2,376 | -100% |
|
|
AIG
34
American International Group
New York
| – | -$12K | -676 | Closed |
|
BCV Hedge Fund Activity: Q2 2016 in Review
31 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q2 2016, worth a combined $29.6M — up 2.6% from $28.8M a quarter earlier.
Fund positioning in BCV was balanced in Q2 2016: 3 funds opened new positions, 3 closed out, 11 added to existing stakes and 11 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $378K. The largest seller was 1607 Capital Partners, exiting entirely with an estimated $773K sold.
- 31 institutional investors held Bancroft Fund (BCV) as of Q2 2016, unchanged from Q1 2016.
- Funds reported $29.6M of Bancroft Fund stock for Q2 2016, up 2.6% quarter-over-quarter.
- 3 funds opened new Bancroft Fund positions in Q2 2016 and 3 closed out, a net change of 0 holders.
- The largest Bancroft Fund buyer in Q2 2016 was Curi RMB Capital, an estimated $378K added.
- The largest Bancroft Fund seller in Q2 2016 was 1607 Capital Partners, an estimated $773K sold.
Based on aggregated 13F filings for Q2 2016.