Bancroft Fund
BCV
31 hedge funds and large institutions have $34.9M invested in Bancroft Fund in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 30 → 31 (+1)
4% less capital invested
Capital invested by funds: $36.5M → $34.9M (-$1.56M)
2.33% less ownership
Funds ownership: 28.62% → 26.29% (-2.3%)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$729K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$643K |
| 3 |
LPL Financial
San Diego,
California
|
+$368K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$355K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$189K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
-$2.42M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.03M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$857K |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$486K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$233K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
Ancora Advisors
Cleveland,
Ohio
| $43K | – | – | – |
|
27
Bank of America
Charlotte,
North Carolina
| $30K | – | – | – |
|
|
OSAM
28
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $17K | – | – | – |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| $17K | +$52 | +2 | +0.3% |
|
|
TCOV
30
Trust Company of Vermont
Brattleboro,
Vermont
| $12K | – | – | – |
|
|
CFA
31
Carroll Financial Associates
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
32
Koshinski Asset Management
Decatur,
Illinois
| – | -$486K | -20,378 | Closed |
|
|
CAN
33
Cetera Advisor Networks
El Segundo,
California
| – | -$72K | -3,036 | Closed |
|
|
PAG
34
Private Advisor Group
Morristown,
New Jersey
| – | -$67K | -2,817 | Closed |
|
BCV Hedge Fund Activity: Q3 2020 in Review
31 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q3 2020, worth a combined $34.9M — down 4.3% from $36.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BCV positions and 3 closed out — a net gain of 1 holder — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $729K. The largest seller was Cetera Advisors, cutting an estimated $2.42M.
- 31 institutional investors held Bancroft Fund (BCV) as of Q3 2020, up from 30 in Q2 2020.
- Funds reported $34.9M of Bancroft Fund stock for Q3 2020, down 4.3% quarter-over-quarter.
- 4 funds opened new Bancroft Fund positions in Q3 2020 and 3 closed out, a net change of +1 holder.
- The largest Bancroft Fund buyer in Q3 2020 was Curi RMB Capital, an estimated $729K added.
- The largest Bancroft Fund seller in Q3 2020 was Cetera Advisors, an estimated $2.42M sold.
Based on aggregated 13F filings for Q3 2020.