Bancroft Fund
BCV
30 hedge funds and large institutions have $29.2M invested in Bancroft Fund in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 4 closing their positions.
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
3% less ownership
Funds ownership: 31.31% → 28.3% (-3%)
6% less funds holding
Funds holding: 32 → 30 (-2)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
32% less capital invested
Capital invested by funds: $43M → $29.2M (-$13.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.8M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.02M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$902K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
+$381K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.41M |
| 2 |
Cohen & Steers
New York
|
-$1.35M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$689K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$352K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$245K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $13K | +$72 | +3 | +0.4% |
|
|
TCOV
27
Trust Company of Vermont
Brattleboro,
Vermont
| $9K | – | – | – |
|
|
OPS
28
Orion Portfolio Solutions
Omaha,
Nebraska
| $6K | +$7.31K | +303 | New |
|
|
CFA
29
Carroll Financial Associates
Charlotte,
North Carolina
| $1K | – | – | – |
|
|
30
Geode Capital Management
Boston,
Massachusetts
| – | -$352K | -13,527 | Closed |
|
|
OC
31
Oppenheimer & Co
New York
| – | -$245K | -9,381 | Closed |
|
32
LPL Financial
San Diego,
California
| – | -$227K | -8,699 | Closed |
|
|
RJFSA
33
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$220K | -8,440 | Closed |
|
BCV Hedge Fund Activity: Q1 2020 in Review
30 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q1 2020, worth a combined $29.2M — down 32% from $43M a quarter earlier.
Fund positioning in BCV was balanced in Q1 2020: 4 funds opened new positions, 4 closed out, 8 added to existing stakes and 9 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.8M. The largest seller was UBS Group, cutting an estimated $4.41M.
- 30 institutional investors held Bancroft Fund (BCV) as of Q1 2020, down from 32 in Q4 2019.
- Funds reported $29.2M of Bancroft Fund stock for Q1 2020, down 32% quarter-over-quarter.
- 4 funds opened new Bancroft Fund positions in Q1 2020 and 4 closed out, a net change of 0 holders.
- The largest Bancroft Fund buyer in Q1 2020 was Wells Fargo, an estimated $1.8M added.
- The largest Bancroft Fund seller in Q1 2020 was UBS Group, an estimated $4.41M sold.
Based on aggregated 13F filings for Q1 2020.