Bancroft Fund
BCV
32 hedge funds and large institutions have $33.4M invested in Bancroft Fund in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 6 closing their positions.
5% more capital invested
Capital invested by funds: $31.8M → $33.4M (+$1.51M)
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0.1% less ownership
Funds ownership: 32.05% → 31.95% (-0.1%)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.72M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$692K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$323K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$314K |
| 5 |
CWM
Concert Wealth Management
San Jose,
California
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.7M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$595K |
| 3 |
Morgan Stanley
New York
|
-$543K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$447K |
| 5 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$430K |
BCV Hedge Fund Activity: Q1 2014 in Review
32 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q1 2014, worth a combined $33.4M — up 4.7% from $31.8M a quarter earlier.
Fund positioning in BCV was balanced in Q1 2014: 6 funds opened new positions, 6 closed out, 9 added to existing stakes and 11 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.72M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.7M sold.
- 32 institutional investors held Bancroft Fund (BCV) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $33.4M of Bancroft Fund stock for Q1 2014, up 4.7% quarter-over-quarter.
- 6 funds opened new Bancroft Fund positions in Q1 2014 and 6 closed out, a net change of 0 holders.
- The largest Bancroft Fund buyer in Q1 2014 was Royal Bank of Canada, an estimated $2.72M added.
- The largest Bancroft Fund seller in Q1 2014 was Wolverine Asset Management, an estimated $1.7M sold.
Based on aggregated 13F filings for Q1 2014.