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BCV

Bancroft Fund

40 hedge funds and large institutions have $32.7M invested in Bancroft Fund in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 12

3.65% more ownership

Funds ownership: 28.35%32% (+3.6%)

7% less funds holding

Funds holding: 4340 (-3)

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

90% less capital invested

Capital invested by funds: $316M → $32.7M (-$283M)

Holders
40
Holders Change
-3
Holders Change %
-6.98%
% of All Funds
0.54%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
14
Reduced
12
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$4.93M +$3.21M +177,016 +167%
SCM
2
Saba Capital Management
New York
$4.52M -$411K -22,721 -8%
Ameriprise
3
Ameriprise
Minnesota
$3.75M +$2.85M +157,350 +272%
AAM
4
Advisors Asset Management
Colorado
$2.54M +$8.89K +491 +0.3%
Morgan Stanley
5
Morgan Stanley
New York
$1.59M -$9.45K -522 -0.6%
JGUA
6
John G. Ullman & Associates
New York
$1.49M -$29.7K -1,638 -2%
BI
7
Beckerman Institutional
New Jersey
$1.32M +$162K +8,954 +13%
UBS Group
8
UBS Group
Switzerland
$1.15M +$48.3K +2,669 +4%
BBPWM
9
Blue Bell Private Wealth Management
Pennsylvania
$1.08M +$117K +6,478 +12%
GC
10
Guggenheim Capital
Illinois
$1.06M +$64.3K +3,552 +6%
LPL Financial
11
LPL Financial
California
$925K +$144K +7,944 +18%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$912K -$84.3K -4,658 -8%
CPRC
13
Consolidated Portfolio Review Corp
New York
$814K -$100K -5,535 -11%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$735K +$14.6K +807 +2%
MA
15
Mezzasalma Advisors
New Jersey
$702K -$9.36K -517 -1%
Pathstone Holdings
16
Pathstone Holdings
New Jersey
$694K -$49.6K -2,742 -7%
BI
17
Bulldog Investors
New Jersey
$687K +$4.92K +272 +0.7%
GCIA
18
Gabelli & Co Investment Advisers
New York
$488K
Wells Fargo
19
Wells Fargo
California
$353K -$56.5K -3,121 -13%
UPS
20
UHLMANN PRICE SECURITIES
Illinois
$342K +$6.05K +334 +2%
NA
21
NewEdge Advisors
Louisiana
$336K
Cetera Investment Advisers
22
Cetera Investment Advisers
Illinois
$314K +$3.08K +170 +1%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$278K
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$272K -$6.93K -383 -2%
CRC
25
Curi RMB Capital
Illinois
$261K

BCV Hedge Fund Activity: Q1 2025 in Review

40 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Bancroft Fund (BCV) for Q1 2025, worth a combined $32.7M — down 90% from $316M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of BCV and 3 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 14 added.

The largest buyer was Sit Investment Associates, adding an estimated $3.21M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.16M sold.

  • 40 institutional investors held Bancroft Fund (BCV) as of Q1 2025, down from 43 in Q4 2024.
  • Funds reported $32.7M of Bancroft Fund stock for Q1 2025, down 90% quarter-over-quarter.
  • 3 funds opened new Bancroft Fund positions in Q1 2025 and 6 closed out, a net change of -3 holders.
  • The largest Bancroft Fund buyer in Q1 2025 was Sit Investment Associates, an estimated $3.21M added.
  • The largest Bancroft Fund seller in Q1 2025 was Shaker Financial Services, an estimated $1.16M sold.

Based on aggregated 13F filings for Q1 2025.