Bancroft Fund
BCV
35 hedge funds and large institutions have $40.1M invested in Bancroft Fund in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
9% more funds holding
Funds holding: 32 → 35 (+3)
1.96% less ownership
Funds ownership: 27.38% → 25.42% (-2%)
9% less capital invested
Capital invested by funds: $44.1M → $40.1M (-$4.04M)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$943K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$746K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$246K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$212K |
| 5 |
LPL Financial
San Diego,
California
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$1.86M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.33M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$630K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$494K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$440K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $38K | – | – | – |
|
27
UBS Group
Zurich,
Switzerland
| $26K | -$124K | -3,951 | -82% |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $21K | – | – | – |
|
|
OSAM
29
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $21K | – | – | – |
|
|
TCOV
30
Trust Company of Vermont
Brattleboro,
Vermont
| $14K | – | – | – |
|
31
US Bancorp
Minneapolis,
Minnesota
| $8K | +$8.74K | +278 | New |
|
|
BWL
32
Bogart Wealth LLC
Mclean,
Virginia
| $5K | +$5.28K | +168 | New |
|
|
CFA
33
Carroll Financial Associates
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
34
Envestnet Asset Management
Chicago,
Illinois
| – | -$494K | -16,384 | Closed |
|
|
LCM
35
Landscape Capital Management
Englewood,
New Jersey
| – | -$440K | -14,596 | Closed |
|
|
PMFA
36
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$3.68K | -117 | -93% |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | +$314 | +10 | New |
|
BCV Hedge Fund Activity: Q1 2021 in Review
35 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q1 2021, worth a combined $40.1M — down 9.1% from $44.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BCV positions and 2 closed out — a net gain of 3 holders — while 7 added to existing stakes and 11 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $943K. The largest seller was Cohen & Steers, cutting an estimated $1.86M.
- 35 institutional investors held Bancroft Fund (BCV) as of Q1 2021, up from 32 in Q4 2020.
- Funds reported $40.1M of Bancroft Fund stock for Q1 2021, down 9.1% quarter-over-quarter.
- 5 funds opened new Bancroft Fund positions in Q1 2021 and 2 closed out, a net change of +3 holders.
- The largest Bancroft Fund buyer in Q1 2021 was Northwestern Mutual Wealth Management, an estimated $943K added.
- The largest Bancroft Fund seller in Q1 2021 was Cohen & Steers, an estimated $1.86M sold.
Based on aggregated 13F filings for Q1 2021.