Bancroft Fund
BCV
30 hedge funds and large institutions have $17.8M invested in Bancroft Fund in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 3 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
0% more capital invested
Capital invested by funds: $17.8M → $17.8M (+$73.5K)
0.56% less ownership
Funds ownership: 18.41% → 17.85% (-0.56%)
3% less funds holding
Funds holding: 31 → 30 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$260K |
| 2 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
+$161K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$115K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$113K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$91.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$519K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$478K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$276K |
| 4 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
-$169K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$25.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
Ancora Advisors
Cleveland,
Ohio
| $17K | – | – | – |
|
|
TCOV
27
Trust Company of Vermont
Brattleboro,
Vermont
| $12.8K | +$5.04K | +284 | +61% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $3K | – | – | – |
|
|
VCM
29
Vigilant Capital Management
Portland,
Maine
| $3K | – | – | – |
|
30
Bessemer Group
Woodbridge,
New Jersey
| $2K | +$2.57K | +145 | New |
|
|
LSC
31
Logan Stone Capital
Chicago,
Illinois
| – | -$276K | -16,863 | Closed |
|
|
IFWM
32
Institute for Wealth Management
Denver,
Colorado
| – | -$169K | -10,306 | Closed |
|
|
MCC
33
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$6.03K | -368 | Closed |
|
BCV Hedge Fund Activity: Q1 2023 in Review
30 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q1 2023, worth a combined $17.8M — up 0.41% from $17.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BCV and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 13 added.
The largest buyer was Invesco, adding an estimated $260K. The largest seller was LPL Financial, cutting an estimated $519K.
- 30 institutional investors held Bancroft Fund (BCV) as of Q1 2023, down from 31 in Q4 2022.
- Funds reported $17.8M of Bancroft Fund stock for Q1 2023, up 0.41% quarter-over-quarter.
- 2 funds opened new Bancroft Fund positions in Q1 2023 and 3 closed out, a net change of -1 holder.
- The largest Bancroft Fund buyer in Q1 2023 was Invesco, an estimated $260K added.
- The largest Bancroft Fund seller in Q1 2023 was LPL Financial, an estimated $519K sold.
Based on aggregated 13F filings for Q1 2023.