Bancroft Fund
BCV
38 hedge funds and large institutions have $20.7M invested in Bancroft Fund in 2024 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 5 closing their positions.
1.27% less ownership
Funds ownership: 23.81% → 22.54% (-1.3%)
7% less capital invested
Capital invested by funds: $22.4M → $20.7M (-$1.65M)
10% less funds holding
Funds holding: 42 → 38 (-4)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.09M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$409K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$262K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$150K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PFG Investments
Woodbury,
New York
|
-$1.01M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$888K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$580K |
| 4 |
RRA
Round Rock Advisors
Wilton,
Connecticut
|
-$250K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
-$146K |
BCV Hedge Fund Activity: Q2 2024 in Review
38 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q2 2024, worth a combined $20.7M — down 7.4% from $22.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BCV and 1 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 14 added.
The largest buyer was Saba Capital Management, adding an estimated $1.09M. The largest seller was PFG Investments, exiting entirely with an estimated $1.01M sold.
- 38 institutional investors held Bancroft Fund (BCV) as of Q2 2024, down from 42 in Q1 2024.
- Funds reported $20.7M of Bancroft Fund stock for Q2 2024, down 7.4% quarter-over-quarter.
- 1 fund opened new Bancroft Fund positions in Q2 2024 and 5 closed out, a net change of -4 holders.
- The largest Bancroft Fund buyer in Q2 2024 was Saba Capital Management, an estimated $1.09M added.
- The largest Bancroft Fund seller in Q2 2024 was PFG Investments, an estimated $1.01M sold.
Based on aggregated 13F filings for Q2 2024.