Bancroft Fund
BCV
30 hedge funds and large institutions have $25.3M invested in Bancroft Fund in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
8% more capital invested
Capital invested by funds: $23.5M → $25.3M (+$1.81M)
3% more funds holding
Funds holding: 29 → 30 (+1)
1.35% more ownership
Funds ownership: 20.61% → 21.96% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$995K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$436K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$213K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$209K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$75K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$187K |
| 2 |
Morgan Stanley
New York
|
-$150K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$137K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$114K |
| 5 |
JCM
Jacobi Capital Management
Pittston,
Pennsylvania
|
-$5.27K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JCM
26
Jacobi Capital Management
Pittston,
Pennsylvania
| $35K | -$5.27K | -241 | -13% |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $32K | +$44 | +2 | +0.1% |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $24K | – | – | – |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| $11K | – | – | – |
|
30
Bank of America
Charlotte,
North Carolina
| $6K | – | – | – |
|
|
BBPWM
31
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $3K | – | – | – |
|
32
Creative Planning
Overland Park,
Kansas
| – | -$2K | -106 | Closed |
|
BCV Hedge Fund Activity: Q3 2017 in Review
30 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q3 2017, worth a combined $25.3M — up 7.7% from $23.5M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BCV positions and 1 closed out — a net gain of 1 holder — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $995K. The largest seller was Curi RMB Capital, cutting an estimated $187K.
- 30 institutional investors held Bancroft Fund (BCV) as of Q3 2017, up from 29 in Q2 2017.
- Funds reported $25.3M of Bancroft Fund stock for Q3 2017, up 7.7% quarter-over-quarter.
- 2 funds opened new Bancroft Fund positions in Q3 2017 and 1 closed out, a net change of +1 holder.
- The largest Bancroft Fund buyer in Q3 2017 was Advisors Asset Management, an estimated $995K added.
- The largest Bancroft Fund seller in Q3 2017 was Curi RMB Capital, an estimated $187K sold.
Based on aggregated 13F filings for Q3 2017.