Bancroft Fund
BCV
37 hedge funds and large institutions have $18.2M invested in Bancroft Fund in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 0 closing their positions.
23% more funds holding
Funds holding: 30 → 37 (+7)
2% more capital invested
Capital invested by funds: $17.8M → $18.2M (+$415K)
0.31% more ownership
Funds ownership: 17.85% → 18.16% (+0.31%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$662K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$395K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$301K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$288K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$251K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.53M |
| 2 |
Morgan Stanley
New York
|
-$461K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$139K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$128K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$59.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CRC
26
Curi RMB Capital
Chicago,
Illinois
| $171K | +$166K | +10,000 | New |
|
|
ME
27
McIlrath & Eck
Arlington,
Washington
| $113K | – | – | – |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $70.1K | – | – | – |
|
|
29
Osaic Holdings
Scottsdale,
Arizona
| $32.3K | -$128K | -7,724 | -80% |
|
|
WPWM
30
Western Pacific Wealth Management
Lake Forest,
Illinois
| $31.5K | – | – | – |
|
31
JP Morgan Chase
New York
| $21.7K | -$52.9K | -3,195 | -72% |
|
32
Bank of America
Charlotte,
North Carolina
| $17.1K | -$14.4K | -872 | -47% |
|
|
AA
33
Ancora Advisors
Cleveland,
Ohio
| $17.1K | – | – | – |
|
|
TCOV
34
Trust Company of Vermont
Brattleboro,
Vermont
| $12.9K | – | – | – |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| $3.49K | – | – | – |
|
|
VCM
36
Vigilant Capital Management
Portland,
Maine
| $3K | – | – | – |
|
37
Bessemer Group
Woodbridge,
New Jersey
| $3K | +$728 | +44 | +30% |
|
BCV Hedge Fund Activity: Q2 2023 in Review
37 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q2 2023, worth a combined $18.2M — up 2.3% from $17.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BCV positions and 0 closed out — a net gain of 7 holders — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Gabelli & Co Investment Advisers, opening a new position worth an estimated $662K. The largest seller was LPL Financial, cutting an estimated $1.53M.
- 37 institutional investors held Bancroft Fund (BCV) as of Q2 2023, up from 30 in Q1 2023.
- Funds reported $18.2M of Bancroft Fund stock for Q2 2023, up 2.3% quarter-over-quarter.
- 7 funds opened new Bancroft Fund positions in Q2 2023 and 0 closed out, a net change of +7 holders.
- The largest Bancroft Fund buyer in Q2 2023 was Gabelli & Co Investment Advisers, an estimated $662K added.
- The largest Bancroft Fund seller in Q2 2023 was LPL Financial, an estimated $1.53M sold.
Based on aggregated 13F filings for Q2 2023.