Bancroft Fund
BCV
29 hedge funds and large institutions have $25.8M invested in Bancroft Fund in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 6 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 6
2% more capital invested
Capital invested by funds: $25.3M → $25.8M (+$511K)
0.58% more ownership
Funds ownership: 21.96% → 22.54% (+0.58%)
3% less funds holding
Funds holding: 30 → 29 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$744K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$303K |
| 3 |
OC
Oppenheimer & Co
New York
|
+$223K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$96.3K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$221K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$210K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$209K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$196K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$33.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $25K | +$436 | +20 | +2% |
|
|
BBPWM
27
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $20K | +$17.5K | +800 | +513% |
|
28
Bank of America
Charlotte,
North Carolina
| $17K | +$11.5K | +525 | +205% |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| $11K | +$196 | +9 | +2% |
|
|
SWM
30
SeaCrest Wealth Management
Purchase,
New York
| $8K | +$8.31K | +381 | New |
|
|
KA
31
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$221K | -10,105 | Closed |
|
|
CRC
32
Curi RMB Capital
Chicago,
Illinois
| – | -$210K | -9,579 | Closed |
|
|
33
First Trust Advisors
Wheaton,
Illinois
| – | -$209K | -9,531 | Closed |
|
BCV Hedge Fund Activity: Q4 2017 in Review
29 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q4 2017, worth a combined $25.8M — up 2% from $25.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BCV and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 18 added.
The largest buyer was Advisors Asset Management, adding an estimated $744K. The largest seller was Kovack Advisors, exiting entirely with an estimated $221K sold.
- 29 institutional investors held Bancroft Fund (BCV) as of Q4 2017, down from 30 in Q3 2017.
- Funds reported $25.8M of Bancroft Fund stock for Q4 2017, up 2% quarter-over-quarter.
- 2 funds opened new Bancroft Fund positions in Q4 2017 and 3 closed out, a net change of -1 holder.
- The largest Bancroft Fund buyer in Q4 2017 was Advisors Asset Management, an estimated $744K added.
- The largest Bancroft Fund seller in Q4 2017 was Kovack Advisors, an estimated $221K sold.
Based on aggregated 13F filings for Q4 2017.