Bancroft Fund
BCV
35 hedge funds and large institutions have $34.1M invested in Bancroft Fund in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 9 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
6% more capital invested
Capital invested by funds: $32.2M → $34.1M (+$1.83M)
0.25% more ownership
Funds ownership: 27.81% → 28.05% (+0.25%)
10% less funds holding
Funds holding: 39 → 35 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.57M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.17M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$418K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$382K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.05M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$686K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$520K |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$289K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$286K |
BCV Hedge Fund Activity: Q3 2018 in Review
35 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q3 2018, worth a combined $34.1M — up 5.7% from $32.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BCV and 5 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 12 added.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $1.57M. The largest seller was Curi RMB Capital, cutting an estimated $1.05M.
- 35 institutional investors held Bancroft Fund (BCV) as of Q3 2018, down from 39 in Q2 2018.
- Funds reported $34.1M of Bancroft Fund stock for Q3 2018, up 5.7% quarter-over-quarter.
- 5 funds opened new Bancroft Fund positions in Q3 2018 and 9 closed out, a net change of -4 holders.
- The largest Bancroft Fund buyer in Q3 2018 was Cohen & Steers, an estimated $1.57M added.
- The largest Bancroft Fund seller in Q3 2018 was Curi RMB Capital, an estimated $1.05M sold.
Based on aggregated 13F filings for Q3 2018.