Bancroft Fund
BCV
33 hedge funds and large institutions have $35.1M invested in Bancroft Fund in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 9 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
0.92% more ownership
Funds ownership: 32.38% → 33.3% (+0.92%)
1% more capital invested
Capital invested by funds: $34.9M → $35.1M (+$249K)
15% less funds holding
Funds holding: 39 → 33 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.9M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$512K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$417K |
| 4 |
Morgan Stanley
New York
|
+$288K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jolley Asset Management
Rocky Mount,
North Carolina
|
-$847K |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$406K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$268K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$238K |
| 5 |
CWM
Concert Wealth Management
San Jose,
California
|
-$197K |
BCV Hedge Fund Activity: Q3 2014 in Review
33 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q3 2014, worth a combined $35.1M — up 0.71% from $34.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BCV and 3 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 11 added.
The largest buyer was Ancora Advisors, adding an estimated $1.9M. The largest seller was Jolley Asset Management, exiting entirely with an estimated $847K sold.
- 33 institutional investors held Bancroft Fund (BCV) as of Q3 2014, down from 39 in Q2 2014.
- Funds reported $35.1M of Bancroft Fund stock for Q3 2014, up 0.71% quarter-over-quarter.
- 3 funds opened new Bancroft Fund positions in Q3 2014 and 9 closed out, a net change of -6 holders.
- The largest Bancroft Fund buyer in Q3 2014 was Ancora Advisors, an estimated $1.9M added.
- The largest Bancroft Fund seller in Q3 2014 was Jolley Asset Management, an estimated $847K sold.
Based on aggregated 13F filings for Q3 2014.