We are live on ! Find out more
BCV

Bancroft Fund
BCV

34 hedge funds and large institutions have $23M invested in Bancroft Fund in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

14% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 7

10% more capital invested

Capital invested by funds: $20.9M → $23M (+$2.09M)

6% more funds holding

Funds holding: 32 → 34 (+2)

1.16% more ownership

Funds ownership: 19.98% → 21.14% (+1.2%)

Holders
34
Holders Change
+2
Holders Change %
+6.25%
% of All Funds
0.85%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
8
Reduced
7
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CRC
Curi RMB Capital
Illinois
+$713K
2
SFS
Shaker Financial Services
Virginia
+$596K
3
Ameriprise
Ameriprise
Minnesota
+$507K
4
Wells Fargo
Wells Fargo
California
+$156K
5
WAM
Wolverine Asset Management
Illinois
+$155K

Top Sellers

Rank Fund Capital Flow
1
AAM
Advisors Asset Management
Colorado
-$221K
2
Morgan Stanley
Morgan Stanley
New York
-$219K
3
LCM
Landscape Capital Management
New Jersey
-$212K
4
OC
Oppenheimer & Co
New York
-$163K
5
RJA
Raymond James & Associates
Florida
-$73.4K
Name Holding Trade Value Shares
Change 		Change in
Stake
UBS Group
1
UBS Group
Switzerland
$6.37M +$1.15K +54 +0%
Morgan Stanley
2
Morgan Stanley
New York
$3.17M -$219K -10,297 -6%
AAM
3
Advisors Asset Management
Colorado
$2.79M -$221K -10,410 -7%
GC
4
Guggenheim Capital
Illinois
$2.31M +$83.5K +3,937 +4%
GCIA
5
Gabelli & Co Investment Advisers
New York
$1.17M – – –
Wells Fargo
6
Wells Fargo
California
$1.03M +$156K +7,354 +18%
Ameriprise
7
Ameriprise
Minnesota
$727K +$507K +23,914 +225%
CRC
8
Curi RMB Capital
Illinois
$707K +$713K +33,624 New
RJA
9
Raymond James & Associates
Florida
$595K -$73.4K -3,461 -11%
SFS
10
Shaker Financial Services
Virginia
$591K +$596K +28,083 New
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$471K +$21.5K +1,015 +5%
LPL Financial
12
LPL Financial
California
$430K -$5.05K -238 -1%
CAAS
13
Capital Asset Advisory Services
Michigan
$361K – – –
SCM
14
Saba Capital Management
New York
$336K – – –
OC
15
Oppenheimer & Co
New York
$270K -$163K -7,687 -37%
KA
16
Kovack Advisors
Florida
$261K – – –
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$256K -$8.51K -401 -3%
SBIA
18
Sheaff Brock Investment Advisors
Indiana
$242K +$255 +12 +0.1%
S
19
SignatureFD
Georgia
$226K – – –
CWM
20
Concert Wealth Management
California
$217K – – –
WAM
21
Wolverine Asset Management
Illinois
$153K +$155K +7,301 New
ASN
22
Advisory Services Network
Georgia
$123K +$124K +5,825 New
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$113K – – –
TJHA
24
Thomas J. Herzfeld Advisors
Florida
$37K – – –
GWM
25
Geneos Wealth Management
Colorado
$30K +$42 +2 +0.1%
1
2

BCV Hedge Fund Activity: Q1 2017 in Review

34 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q1 2017, worth a combined $23M — up 10% from $20.9M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new BCV positions and 3 closed out — a net gain of 3 holders — while 8 added to existing stakes and 7 trimmed.

The largest buyer was Curi RMB Capital, opening a new position worth an estimated $713K. The largest seller was Advisors Asset Management, cutting an estimated $221K.

  • 34 institutional investors held Bancroft Fund (BCV) as of Q1 2017, up from 32 in Q4 2016.
  • Funds reported $23M of Bancroft Fund stock for Q1 2017, up 10% quarter-over-quarter.
  • 6 funds opened new Bancroft Fund positions in Q1 2017 and 3 closed out, a net change of +3 holders.
  • The largest Bancroft Fund buyer in Q1 2017 was Curi RMB Capital, an estimated $713K added.
  • The largest Bancroft Fund seller in Q1 2017 was Advisors Asset Management, an estimated $221K sold.

Based on aggregated 13F filings for Q1 2017.