Bancroft Fund
BCV
39 hedge funds and large institutions have $34.9M invested in Bancroft Fund in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
22% more funds holding
Funds holding: 32 → 39 (+7)
5% more capital invested
Capital invested by funds: $33.4M → $34.9M (+$1.53M)
0.43% more ownership
Funds ownership: 31.95% → 32.38% (+0.43%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jolley Asset Management
Rocky Mount,
North Carolina
|
+$832K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$821K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$346K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$263K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.61M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$659K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$156K |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$36.7K |
| 5 |
Morgan Stanley
New York
|
-$22.9K |
BCV Hedge Fund Activity: Q2 2014 in Review
39 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q2 2014, worth a combined $34.9M — up 4.6% from $33.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BCV positions and 2 closed out — a net gain of 7 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Jolley Asset Management, opening a new position worth an estimated $832K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $1.61M sold.
- 39 institutional investors held Bancroft Fund (BCV) as of Q2 2014, up from 32 in Q1 2014.
- Funds reported $34.9M of Bancroft Fund stock for Q2 2014, up 4.6% quarter-over-quarter.
- 9 funds opened new Bancroft Fund positions in Q2 2014 and 2 closed out, a net change of +7 holders.
- The largest Bancroft Fund buyer in Q2 2014 was Jolley Asset Management, an estimated $832K added.
- The largest Bancroft Fund seller in Q2 2014 was Karpus Investment Management, an estimated $1.61M sold.
Based on aggregated 13F filings for Q2 2014.