Bancroft Fund
BCV
33 hedge funds and large institutions have $39.3M invested in Bancroft Fund in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 5 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
1.07% less ownership
Funds ownership: 25.09% → 24.02% (-1.1%)
8% less funds holding
Funds holding: 36 → 33 (-3)
11% less capital invested
Capital invested by funds: $44.4M → $39.3M (-$5.06M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.1M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.29M |
| 3 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$386K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$91.9K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$74.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$3.56M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.94M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$854K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$245K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$146K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $53K | -$14.1K | -452 | -20% |
|
|
AA
27
Ancora Advisors
Cleveland,
Ohio
| $52K | – | – | – |
|
|
SIM
28
Sonora Investment Management
Tucson,
Arizona
| $52K | +$54.6K | +1,754 | New |
|
|
OSAM
29
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $21K | – | – | – |
|
|
GWM
30
Geneos Wealth Management
Englewood,
Colorado
| $20K | – | – | – |
|
|
BWL
31
Bogart Wealth LLC
Mclean,
Virginia
| $5K | +$62 | +2 | +1% |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $3K | -$3.12K | -100 | -53% |
|
|
CFA
33
Carroll Financial Associates
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
TCOV
34
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$15K | -468 | Closed |
|
35
US Bancorp
Minneapolis,
Minnesota
| – | -$9K | -278 | Closed |
|
|
ASN
36
Advisory Services Network
Atlanta,
Georgia
| – | -$5K | -164 | Closed |
|
BCV Hedge Fund Activity: Q3 2021 in Review
33 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q3 2021, worth a combined $39.3M — down 11% from $44.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BCV and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 12 added.
The largest buyer was LPL Financial, opening a new position worth an estimated $3.1M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $3.56M.
- 33 institutional investors held Bancroft Fund (BCV) as of Q3 2021, down from 36 in Q2 2021.
- Funds reported $39.3M of Bancroft Fund stock for Q3 2021, down 11% quarter-over-quarter.
- 3 funds opened new Bancroft Fund positions in Q3 2021 and 5 closed out, a net change of -2 holders.
- The largest Bancroft Fund buyer in Q3 2021 was LPL Financial, an estimated $3.1M added.
- The largest Bancroft Fund seller in Q3 2021 was Northwestern Mutual Wealth Management, an estimated $3.56M sold.
Based on aggregated 13F filings for Q3 2021.