Bancroft Fund
BCV
30 hedge funds and large institutions have $34.3M invested in Bancroft Fund in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 5 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
7% more capital invested
Capital invested by funds: $32.2M → $34.3M (+$2.11M)
0.4% more ownership
Funds ownership: 28.67% → 29.07% (+0.4%)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 31 → 30 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$353K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$316K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$271K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$210K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$194K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$446K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$228K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$200K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$174K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$95.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCIG
26
Quad-Cities Investment Group
Davenport,
Iowa
| $28K | – | – | – |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $27K | – | – | – |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $20K | +$19.7K | +915 | New |
|
29
Bank of America
Charlotte,
North Carolina
| $19K | – | – | – |
|
|
TCOV
30
Trust Company of Vermont
Brattleboro,
Vermont
| $10K | – | – | – |
|
|
CFA
31
Carroll Financial Associates
Charlotte,
North Carolina
| $2K | – | – | – |
|
32
Koshinski Asset Management
Decatur,
Illinois
| – | -$286 | -13,354 | Closed |
|
|
CRC
33
Curi RMB Capital
Chicago,
Illinois
| – | -$228K | -10,662 | Closed |
|
|
34
First Trust Advisors
Wheaton,
Illinois
| – | -$200K | -9,355 | Closed |
|
|
CFGS
35
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$21.7K | -1,007 | Closed |
|
|
FHB
36
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$11K | -500 | Closed |
|
BCV Hedge Fund Activity: Q2 2019 in Review
30 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q2 2019, worth a combined $34.3M — up 6.6% from $32.2M a quarter earlier.
Fund positioning in BCV was balanced in Q2 2019: 5 funds opened new positions, 5 closed out, 11 added to existing stakes and 6 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $353K. The largest seller was UBS Group, cutting an estimated $446K.
- 30 institutional investors held Bancroft Fund (BCV) as of Q2 2019, down from 31 in Q1 2019.
- Funds reported $34.3M of Bancroft Fund stock for Q2 2019, up 6.6% quarter-over-quarter.
- 5 funds opened new Bancroft Fund positions in Q2 2019 and 5 closed out, a net change of 0 holders.
- The largest Bancroft Fund buyer in Q2 2019 was Cohen & Steers, an estimated $353K added.
- The largest Bancroft Fund seller in Q2 2019 was UBS Group, an estimated $446K sold.
Based on aggregated 13F filings for Q2 2019.