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BCV

Bancroft Fund

31 hedge funds and large institutions have $29.6M invested in Bancroft Fund in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more capital invested

Capital invested by funds: $28.8M → $29.6M (+$764K)

0% more funds holding

Funds holding: 3131 (0)

0% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 3

0% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 11

1.45% less ownership

Funds ownership: 31.08%29.63% (-1.5%)

Holders
31
Holders Change
Holders Change %
0%
% of All Funds
0.83%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
11
Reduced
11
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$5.33M -$39.6K -2,161 -0.8%
SCM
2
Saba Capital Management
New York
$4.46M +$108K +5,905 +3%
Morgan Stanley
3
Morgan Stanley
New York
$2.99M -$39.9K -2,181 -1%
AAM
4
Advisors Asset Management
Colorado
$2.9M +$115K +6,297 +4%
GC
5
Guggenheim Capital
Illinois
$2.13M +$140K +7,632 +7%
MC
6
Matisse Capital
Oregon
$1.57M
LCM
7
Landscape Capital Management
New Jersey
$1.55M -$311K -16,967 -17%
BI
8
Bulldog Investors
New Jersey
$1.31M -$549K -30,000 -43%
MFS
9
MSI Financial Services
Massachusetts
$1.19M +$38.1K +2,080 +3%
GCIA
10
Gabelli & Co Investment Advisers
New York
$1.04M
RJA
11
Raymond James & Associates
Florida
$866K +$2.65K +145 +0.3%
OC
12
Oppenheimer & Co
New York
$515K +$172K +9,414 +52%
TJHA
13
Thomas J. Herzfeld Advisors
Florida
$512K -$35.3K -1,926 -7%
Wells Fargo
14
Wells Fargo
California
$510K +$101K +5,537 +26%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$419K +$4.34K +237 +1%
CRC
16
Curi RMB Capital
Illinois
$386K +$378K +20,645 New
CAAS
17
Capital Asset Advisory Services
Michigan
$321K
DA
18
Doliver Advisors
Texas
$320K +$23K +1,256 +8%
LPL Financial
19
LPL Financial
California
$313K -$303K -16,536 -50%
LTFS
20
Ladenburg Thalmann Financial Services
Florida
$292K +$38.5K +2,103 +16%
CWM
21
Concert Wealth Management
California
$196K
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$115K -$160K -8,710 -59%
Citigroup
23
Citigroup
New York
$105K -$51.8K -2,831 -34%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$99K +$96.7K +5,282 New
BBPWM
25
Blue Bell Private Wealth Management
Pennsylvania
$59K -$22.5K -1,230 -28%

BCV Hedge Fund Activity: Q2 2016 in Review

31 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q2 2016, worth a combined $29.6M — up 2.6% from $28.8M a quarter earlier.

Fund positioning in BCV was balanced in Q2 2016: 3 funds opened new positions, 3 closed out, 11 added to existing stakes and 11 trimmed.

The largest buyer was Curi RMB Capital, opening a new position worth an estimated $378K. The largest seller was 1607 Capital Partners, exiting entirely with an estimated $773K sold.

  • 31 institutional investors held Bancroft Fund (BCV) as of Q2 2016, unchanged from Q1 2016.
  • Funds reported $29.6M of Bancroft Fund stock for Q2 2016, up 2.6% quarter-over-quarter.
  • 3 funds opened new Bancroft Fund positions in Q2 2016 and 3 closed out, a net change of 0 holders.
  • The largest Bancroft Fund buyer in Q2 2016 was Curi RMB Capital, an estimated $378K added.
  • The largest Bancroft Fund seller in Q2 2016 was 1607 Capital Partners, an estimated $773K sold.

Based on aggregated 13F filings for Q2 2016.