Bancroft Fund
BCV
32 hedge funds and large institutions have $20.9M invested in Bancroft Fund in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
10% more funds holding
Funds holding: 29 → 32 (+3)
0.08% less ownership
Funds ownership: 20.06% → 19.98% (-0.08%)
4% less capital invested
Capital invested by funds: $21.8M → $20.9M (-$870K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$384K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$249K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$216K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$213K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$291K |
| 2 |
SCM
Saba Capital Management
New York
|
-$287K |
| 3 |
JFA
JNBA Financial Advisors
Bloomington,
Minnesota
|
-$225K |
| 4 |
OC
Oppenheimer & Co
New York
|
-$204K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$160K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $22K | +$551 | +27 | +3% |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $10K | +$10.4K | +512 | New |
|
|
SPIA
28
Steward Partners Investment Advisory
New York
| $7K | +$7.36K | +361 | New |
|
|
BBPWM
29
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $4K | – | – | – |
|
30
Creative Planning
Overland Park,
Kansas
| $2K | +$61 | +3 | +3% |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $2K | +$2.04K | +100 | New |
|
|
JFA
32
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$225K | -10,703 | Closed |
|
BCV Hedge Fund Activity: Q4 2016 in Review
32 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q4 2016, worth a combined $20.9M — down 4% from $21.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BCV positions and 1 closed out — a net gain of 5 holders — while 14 added to existing stakes and 7 trimmed.
The largest buyer was UBS Group, adding an estimated $384K. The largest seller was Raymond James & Associates, cutting an estimated $291K.
- 32 institutional investors held Bancroft Fund (BCV) as of Q4 2016, up from 29 in Q3 2016.
- Funds reported $20.9M of Bancroft Fund stock for Q4 2016, down 4% quarter-over-quarter.
- 6 funds opened new Bancroft Fund positions in Q4 2016 and 1 closed out, a net change of +5 holders.
- The largest Bancroft Fund buyer in Q4 2016 was UBS Group, an estimated $384K added.
- The largest Bancroft Fund seller in Q4 2016 was Raymond James & Associates, an estimated $291K sold.
Based on aggregated 13F filings for Q4 2016.