Bancroft Fund
BCV
31 hedge funds and large institutions have $32.2M invested in Bancroft Fund in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 3 closing their positions.
12% more capital invested
Capital invested by funds: $28.9M → $32.2M (+$3.33M)
0% more funds holding
Funds holding: 31 → 31 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0.58% less ownership
Funds ownership: 29.25% → 28.67% (-0.58%)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$502K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$355K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$194K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$154K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$81K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$423K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$410K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$284K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$216K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$189K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $26K | – | – | – |
|
|
CFGS
27
Concourse Financial Group Securities
Birmingham,
Alabama
| $21K | – | – | – |
|
28
Bank of America
Charlotte,
North Carolina
| $18K | -$3.72K | -180 | -18% |
|
|
FHB
29
First Hawaiian Bank
Honolulu,
Hawaii
| $11K | +$10.3K | +500 | New |
|
|
TCOV
30
Trust Company of Vermont
Brattleboro,
Vermont
| $10K | – | – | – |
|
|
CFA
31
Carroll Financial Associates
Charlotte,
North Carolina
| $2K | +$1.99K | +96 | New |
|
32
Koshinski Asset Management
Decatur,
Illinois
| $286 | +$10.3K | +497 | +4% |
|
|
33
Ameriprise
Minneapolis,
Minnesota
| – | -$410K | -22,152 | Closed |
|
|
BBPWM
34
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$10K | -523 | Closed |
|
|
PMFA
35
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$2K | -90 | Closed |
|
BCV Hedge Fund Activity: Q1 2019 in Review
31 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q1 2019, worth a combined $32.2M — up 12% from $28.9M a quarter earlier.
Fund positioning in BCV was balanced in Q1 2019: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 11 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $502K. The largest seller was MML Investors Services, cutting an estimated $423K.
- 31 institutional investors held Bancroft Fund (BCV) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $32.2M of Bancroft Fund stock for Q1 2019, up 12% quarter-over-quarter.
- 3 funds opened new Bancroft Fund positions in Q1 2019 and 3 closed out, a net change of 0 holders.
- The largest Bancroft Fund buyer in Q1 2019 was Advisors Asset Management, an estimated $502K added.
- The largest Bancroft Fund seller in Q1 2019 was MML Investors Services, an estimated $423K sold.
Based on aggregated 13F filings for Q1 2019.