Bancroft Fund
BCV
32 hedge funds and large institutions have $43M invested in Bancroft Fund in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
17% more capital invested
Capital invested by funds: $36.9M → $43M (+$6.11M)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
3% more funds holding
Funds holding: 31 → 32 (+1)
1.65% more ownership
Funds ownership: 29.65% → 31.31% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.06M |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
+$841K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$616K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$553K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
+$495K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
-$719K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$534K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$434K |
| 4 |
SCM
Saba Capital Management
New York
|
-$229K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$224K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $23K | +$737 | +30 | +4% |
|
|
AA
27
Ancora Advisors
Cleveland,
Ohio
| $20K | +$18.4K | +750 | New |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $18K | -$105K | -4,256 | -86% |
|
|
TCOV
29
Trust Company of Vermont
Brattleboro,
Vermont
| $12K | – | – | – |
|
|
CFA
30
Carroll Financial Associates
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
AG
31
Advisor Group
Phoenix,
Arizona
| $1K | -$21.6K | -880 | -96% |
|
|
NFG
32
Next Financial Group
Houston,
Texas
| $1K | +$565 | +23 | New |
|
|
LCM
33
Landscape Capital Management
Englewood,
New Jersey
| – | -$434K | -18,361 | Closed |
|
|
SCM
34
Saba Capital Management
New York
| – | -$229K | -9,706 | Closed |
|
|
SFS
35
Shaker Financial Services
Arlington,
Virginia
| – | -$224K | -9,490 | Closed |
|
|
QCIG
36
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$30K | -1,265 | Closed |
|
BCV Hedge Fund Activity: Q4 2019 in Review
32 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q4 2019, worth a combined $43M — up 17% from $36.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BCV positions and 4 closed out — a net gain of 1 holder — while 11 added to existing stakes and 10 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $2.06M. The largest seller was Geode Capital Management, cutting an estimated $719K.
- 32 institutional investors held Bancroft Fund (BCV) as of Q4 2019, up from 31 in Q3 2019.
- Funds reported $43M of Bancroft Fund stock for Q4 2019, up 17% quarter-over-quarter.
- 5 funds opened new Bancroft Fund positions in Q4 2019 and 4 closed out, a net change of +1 holder.
- The largest Bancroft Fund buyer in Q4 2019 was Advisors Asset Management, an estimated $2.06M added.
- The largest Bancroft Fund seller in Q4 2019 was Geode Capital Management, an estimated $719K sold.
Based on aggregated 13F filings for Q4 2019.