Bancroft Fund
BCV
30 hedge funds and large institutions have $36.5M invested in Bancroft Fund in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 4 closing their positions.
25% more capital invested
Capital invested by funds: $29.2M → $36.5M (+$7.28M)
0.31% more ownership
Funds ownership: 28.3% → 28.62% (+0.31%)
0% more funds holding
Funds holding: 30 → 30 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.31M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$350K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$204K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$199K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$181K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$721K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$307K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$269K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$268K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$252K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $28K | +$7.23K | +327 | +38% |
|
|
OSAM
27
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $17K | -$1.22K | -55 | -7% |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $16K | +$66 | +3 | +0.4% |
|
|
TCOV
29
Trust Company of Vermont
Brattleboro,
Vermont
| $11K | – | – | – |
|
|
CFA
30
Carroll Financial Associates
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
MC
31
Matisse Capital
Portland,
Oregon
| – | -$307K | -15,798 | Closed |
|
|
BFEC
32
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$25K | -1,273 | Closed |
|
|
OPS
33
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$6K | -303 | Closed |
|
BCV Hedge Fund Activity: Q2 2020 in Review
30 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q2 2020, worth a combined $36.5M — up 25% from $29.2M a quarter earlier.
Fund positioning in BCV was balanced in Q2 2020: 4 funds opened new positions, 4 closed out, 8 added to existing stakes and 8 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.31M. The largest seller was Guggenheim Capital, cutting an estimated $721K.
- 30 institutional investors held Bancroft Fund (BCV) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $36.5M of Bancroft Fund stock for Q2 2020, up 25% quarter-over-quarter.
- 4 funds opened new Bancroft Fund positions in Q2 2020 and 4 closed out, a net change of 0 holders.
- The largest Bancroft Fund buyer in Q2 2020 was Wells Fargo, an estimated $1.31M added.
- The largest Bancroft Fund seller in Q2 2020 was Guggenheim Capital, an estimated $721K sold.
Based on aggregated 13F filings for Q2 2020.