Bancroft Fund
BCV
31 hedge funds and large institutions have $36.9M invested in Bancroft Fund in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
7% more capital invested
Capital invested by funds: $34.3M → $36.9M (+$2.55M)
3% more funds holding
Funds holding: 30 → 31 (+1)
0.58% more ownership
Funds ownership: 29.07% → 29.65% (+0.58%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
+$1.7M |
| 2 |
Cohen & Steers
New York
|
+$534K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$224K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$212K |
| 5 |
LPL Financial
San Diego,
California
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$515K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$390K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$349K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$281K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$242K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCIG
26
Quad-Cities Investment Group
Davenport,
Iowa
| $30K | – | – | – |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $29K | – | – | – |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $22K | – | – | – |
|
29
Bank of America
Charlotte,
North Carolina
| $20K | – | – | – |
|
|
TCOV
30
Trust Company of Vermont
Brattleboro,
Vermont
| $11K | – | – | – |
|
|
CFA
31
Carroll Financial Associates
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
32
MML Investors Services
Springfield,
Massachusetts
| – | -$515K | -22,974 | Closed |
|
|
WAM
33
Wolverine Asset Management
Chicago,
Illinois
| – | -$281K | -12,570 | Closed |
|
|
CL
34
CSS LLC
Chicago,
Illinois
| – | -$97K | -4,352 | Closed |
|
BCV Hedge Fund Activity: Q3 2019 in Review
31 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q3 2019, worth a combined $36.9M — up 7.4% from $34.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BCV positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Cetera Advisors, opening a new position worth an estimated $1.7M. The largest seller was MML Investors Services, exiting entirely with an estimated $515K sold.
- 31 institutional investors held Bancroft Fund (BCV) as of Q3 2019, up from 30 in Q2 2019.
- Funds reported $36.9M of Bancroft Fund stock for Q3 2019, up 7.4% quarter-over-quarter.
- 4 funds opened new Bancroft Fund positions in Q3 2019 and 3 closed out, a net change of +1 holder.
- The largest Bancroft Fund buyer in Q3 2019 was Cetera Advisors, an estimated $1.7M added.
- The largest Bancroft Fund seller in Q3 2019 was MML Investors Services, an estimated $515K sold.
Based on aggregated 13F filings for Q3 2019.