Bancroft Fund
BCV
34 hedge funds and large institutions have $23M invested in Bancroft Fund in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
10% more capital invested
Capital invested by funds: $20.9M → $23M (+$2.09M)
6% more funds holding
Funds holding: 32 → 34 (+2)
1.16% more ownership
Funds ownership: 19.98% → 21.14% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$713K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$596K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$507K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$156K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$221K |
| 2 |
Morgan Stanley
New York
|
-$219K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$212K |
| 4 |
OC
Oppenheimer & Co
New York
|
-$163K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$73.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $23K | – | – | – |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $11K | – | – | – |
|
|
SPIA
28
Steward Partners Investment Advisory
New York
| $7K | – | – | – |
|
29
Bank of America
Charlotte,
North Carolina
| $6K | -$70.8K | -3,338 | -93% |
|
|
WP
30
WealthPLAN Partners
Omaha,
Nebraska
| $5.56K | +$5.58K | +263 | New |
|
|
LA
31
Legacy Advisors
Plymouth Meeting,
Pennsylvania
| $5K | +$5.43K | +256 | New |
|
|
BBPWM
32
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $3K | – | – | – |
|
33
Creative Planning
Overland Park,
Kansas
| $2K | +$21 | +1 | +1% |
|
|
LCM
34
Landscape Capital Management
Englewood,
New Jersey
| – | -$212K | -10,461 | Closed |
|
|
AA
35
Ancora Advisors
Cleveland,
Ohio
| – | -$30K | -1,500 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$2K | -100 | Closed |
|
BCV Hedge Fund Activity: Q1 2017 in Review
34 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q1 2017, worth a combined $23M — up 10% from $20.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BCV positions and 3 closed out — a net gain of 3 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $713K. The largest seller was Advisors Asset Management, cutting an estimated $221K.
- 34 institutional investors held Bancroft Fund (BCV) as of Q1 2017, up from 32 in Q4 2016.
- Funds reported $23M of Bancroft Fund stock for Q1 2017, up 10% quarter-over-quarter.
- 6 funds opened new Bancroft Fund positions in Q1 2017 and 3 closed out, a net change of +3 holders.
- The largest Bancroft Fund buyer in Q1 2017 was Curi RMB Capital, an estimated $713K added.
- The largest Bancroft Fund seller in Q1 2017 was Advisors Asset Management, an estimated $221K sold.
Based on aggregated 13F filings for Q1 2017.