Bancroft Fund
BCV
43 hedge funds and large institutions have $29.5M invested in Bancroft Fund in 2024 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
13% more funds holding
Funds holding: 38 → 43 (+5)
2.73% more ownership
Funds ownership: 25.62% → 28.35% (+2.7%)
8% less capital invested
Capital invested by funds: $31.9M → $29.5M (-$2.45M)
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.87M |
| 2 |
MA
Mezzasalma Advisors
Tinton Falls,
New Jersey
|
+$719K |
| 3 |
SCM
Saba Capital Management
New York
|
+$516K |
| 4 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$494K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$440K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$576K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$461K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$328K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$176K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$154K |
BCV Hedge Fund Activity: Q4 2024 in Review
43 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q4 2024, worth a combined $29.5M — down 7.7% from $31.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BCV positions and 2 closed out — a net gain of 6 holders — while 13 added to existing stakes and 18 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $1.87M. The largest seller was Cornerstone Advisors, cutting an estimated $576K.
- 43 institutional investors held Bancroft Fund (BCV) as of Q4 2024, up from 38 in Q3 2024.
- Funds reported $29.5M of Bancroft Fund stock for Q4 2024, down 7.7% quarter-over-quarter.
- 8 funds opened new Bancroft Fund positions in Q4 2024 and 2 closed out, a net change of +6 holders.
- The largest Bancroft Fund buyer in Q4 2024 was Sit Investment Associates, an estimated $1.87M added.
- The largest Bancroft Fund seller in Q4 2024 was Cornerstone Advisors, an estimated $576K sold.
Based on aggregated 13F filings for Q4 2024.