Bancroft Fund
BCV
38 hedge funds and large institutions have $23M invested in Bancroft Fund in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
34% more capital invested
Capital invested by funds: $17.1M → $23M (+$5.89M)
6% more funds holding
Funds holding: 36 → 38 (+2)
3.79% more ownership
Funds ownership: 18.48% → 22.27% (+3.8%)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.15M |
| 2 |
JGUA
John G. Ullman & Associates
Corning,
New York
|
+$1.13M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$535K |
| 4 |
SCM
Saba Capital Management
New York
|
+$513K |
| 5 |
CPRC
Consolidated Portfolio Review Corp
Woodbury,
New York
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$984K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$256K |
| 3 |
OHWP
Oak Harbor Wealth Partners
Raleigh,
North Carolina
|
-$172K |
| 4 |
RRA
Round Rock Advisors
Wilton,
Connecticut
|
-$114K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$111K |
BCV Hedge Fund Activity: Q4 2023 in Review
38 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q4 2023, worth a combined $23M — up 34% from $17.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BCV positions and 4 closed out — a net gain of 3 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Advisors Asset Management, opening a new position worth an estimated $1.15M. The largest seller was Morgan Stanley, cutting an estimated $984K.
- 38 institutional investors held Bancroft Fund (BCV) as of Q4 2023, up from 36 in Q3 2023.
- Funds reported $23M of Bancroft Fund stock for Q4 2023, up 34% quarter-over-quarter.
- 7 funds opened new Bancroft Fund positions in Q4 2023 and 4 closed out, a net change of +3 holders.
- The largest Bancroft Fund buyer in Q4 2023 was Advisors Asset Management, an estimated $1.15M added.
- The largest Bancroft Fund seller in Q4 2023 was Morgan Stanley, an estimated $984K sold.
Based on aggregated 13F filings for Q4 2023.