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BCV

Bancroft Fund

32 hedge funds and large institutions have $28.1M invested in Bancroft Fund in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 8

0.15% more ownership

Funds ownership: 29.35%29.51% (+0.15%)

2% less capital invested

Capital invested by funds: $28.7M → $28.1M (-$649K)

6% less funds holding

Funds holding: 3432 (-2)

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

Holders
32
Holders Change
-2
Holders Change %
-5.88%
% of All Funds
0.84%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
16
Reduced
8
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$5.25M +$285K +15,222 +6%
AAM
2
Advisors Asset Management
Colorado
$3.14M -$2.96K -158 -0.1%
Morgan Stanley
3
Morgan Stanley
New York
$3.05M +$609K +32,505 +24%
GC
4
Guggenheim Capital
Illinois
$1.95M +$3.22K +172 +0.2%
1CP
5
1607 Capital Partners
Virginia
$1.69M -$141K -7,500 -7%
LCM
6
Landscape Capital Management
New Jersey
$1.56M +$1.12M +59,835 +229%
BI
7
Bulldog Investors
New Jersey
$1.37M -$331K -17,675 -19%
CRC
8
Curi RMB Capital
Illinois
$1.1M +$1.13M +60,210 New
MFS
9
MSI Financial Services
Massachusetts
$1.09M +$67.1K +3,578 +6%
GCIA
10
Gabelli & Co Investment Advisers
New York
$1.01M +$1.04M +55,400 New
RJA
11
Raymond James & Associates
Florida
$846K +$12.2K +650 +1%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$820K +$615K +32,829 +266%
MC
13
Matisse Capital
Oregon
$757K +$780K +41,606 New
LPL Financial
14
LPL Financial
California
$594K +$313K +16,719 +102%
TJHA
15
Thomas J. Herzfeld Advisors
Florida
$533K +$1.73K +92 +0.3%
Wells Fargo
16
Wells Fargo
California
$419K +$22.3K +1,192 +5%
DA
17
Doliver Advisors
Texas
$412K -$19.9K -1,064 -4%
Citigroup
18
Citigroup
New York
$385K +$361K +19,257 +996%
CAAS
19
Capital Asset Advisory Services
Michigan
$334K +$344K +18,350 New
OC
20
Oppenheimer & Co
New York
$329K -$87.5K -4,669 -21%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$323K -$2.85M -152,204 -90%
GFM
22
Gramercy Funds Management
Connecticut
$287K
SFS
23
Shaker Financial Services
Virginia
$256K +$264K +14,057 New
LTFS
24
Ladenburg Thalmann Financial Services
Florida
$212K +$31.7K +1,692 +17%
CWM
25
Concert Wealth Management
California
$192K +$8.12K +433 +4%

BCV Hedge Fund Activity: Q4 2015 in Review

32 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q4 2015, worth a combined $28.1M — down 2.3% from $28.7M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of BCV and 7 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 16 added.

The largest buyer was Curi RMB Capital, opening a new position worth an estimated $1.13M. The largest seller was Royal Bank of Canada, cutting an estimated $2.85M.

  • 32 institutional investors held Bancroft Fund (BCV) as of Q4 2015, down from 34 in Q3 2015.
  • Funds reported $28.1M of Bancroft Fund stock for Q4 2015, down 2.3% quarter-over-quarter.
  • 7 funds opened new Bancroft Fund positions in Q4 2015 and 9 closed out, a net change of -2 holders.
  • The largest Bancroft Fund buyer in Q4 2015 was Curi RMB Capital, an estimated $1.13M added.
  • The largest Bancroft Fund seller in Q4 2015 was Royal Bank of Canada, an estimated $2.85M sold.

Based on aggregated 13F filings for Q4 2015.