Bancroft Fund
BCV
34 hedge funds and large institutions have $28.7M invested in Bancroft Fund in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
6% more funds holding
Funds holding: 32 → 34 (+2)
4.23% less ownership
Funds ownership: 33.58% → 29.35% (-4.2%)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
23% less capital invested
Capital invested by funds: $37.3M → $28.7M (-$8.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$1.12M |
| 2 |
AT
Arden Trust
Wilmington,
Delaware
|
+$264K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$255K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$191K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$123K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$5.41M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$493K |
| 3 |
OC
Oppenheimer & Co
New York
|
-$419K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$333K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$230K |
BCV Hedge Fund Activity: Q3 2015 in Review
34 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q3 2015, worth a combined $28.7M — down 23% from $37.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BCV positions and 4 closed out — a net gain of 2 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was GAMCO Investors, opening a new position worth an estimated $1.12M. The largest seller was Ancora Advisors, exiting entirely with an estimated $5.41M sold.
- 34 institutional investors held Bancroft Fund (BCV) as of Q3 2015, up from 32 in Q2 2015.
- Funds reported $28.7M of Bancroft Fund stock for Q3 2015, down 23% quarter-over-quarter.
- 6 funds opened new Bancroft Fund positions in Q3 2015 and 4 closed out, a net change of +2 holders.
- The largest Bancroft Fund buyer in Q3 2015 was GAMCO Investors, an estimated $1.12M added.
- The largest Bancroft Fund seller in Q3 2015 was Ancora Advisors, an estimated $5.41M sold.
Based on aggregated 13F filings for Q3 2015.