Who Owns Bancroft Fund Stock?
NYSE: BCVFinancial ServicesAsset ManagementUSD
At close: Oct 9, 3:49 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 40.25%
- Held by insiders
- 3.13%
- Institutional holders
- 42
- Institutions 40.2%
- Insiders 3.1%
- Public and other 56.6%
Who owns Bancroft Fund stock?
Institutional investors own about 40.2% of Bancroft Fund's shares, spread across 42 institutions that file 13F reports. That level of institutional ownership is moderate. Insiders, including executives, directors and large founding shareholders, hold 3.13% of BCV.
The largest institutional holders are Saba Capital Management, L.P. (4.55%), SIT Investment Associates Inc (4.38%) and Ameriprise Financial, Inc. (4.31%). Together, the top 10 institutions control 27.8% of shares outstanding. In their latest filings, 4 of the top 10 institutions increased their BCV positions and 4 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of BCV
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Saba Capital Management, L.P. | 265.07K | 4.55% | -4.5% |
| SIT Investment Associates Inc | 255.17K | 4.38% | 0.0% |
| Ameriprise Financial, Inc. | 250.91K | 4.31% | -17.5% |
| Advisors Asset Management, Inc. | 162.40K | 2.79% | +352.6% |
| Pathstone Holdings, LLC | 148.53K | 2.55% | +2.1% |
| Morgan Stanley | 141.66K | 2.43% | -4.4% |
| Blue Bell Private Wealth Management, LLC | 120.21K | 2.06% | +11.5% |
| Bank of America Corporation | 100.82K | 1.73% | 0.0% |
| Guggenheim Capital, LLC | 92.19K | 1.58% | +0.9% |
| Invesco Ltd. | 81.87K | 1.41% | -8.2% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of BCV
| Fund | Shares | % Held |
|---|---|---|
| First TRT Exch-Trd Fd. VIII-First TRT Income Opportunities ETF | 34.03K | 0.58% |
| Exchange Listed Funds Trust-Saba Closed-End Funds ETF | 27.67K | 0.48% |
| Special Opportunities Fund, Inc. | 25.63K | 0.44% |
| High Income Securities Fund | 13.82K | 0.24% |
| Rydex Variable Trust-Multi-Hedge Strategies Fund | 1.17K | 0.02% |
| Rydex Series Funds-Guggenheim Multi-Hedge Strategies Fund | 419 | 0.01% |
Frequently asked questions
Who is the largest shareholder of Bancroft Fund?
Saba Capital Management, L.P. is the largest institutional shareholder of BCV, owning 4.55% of shares outstanding (265.07K shares) as of its latest 13F filing.
What percentage of Bancroft Fund is owned by institutions?
Institutions own about 40.2% of BCV shares and 41.5% of the public float.
How much of Bancroft Fund do insiders own?
Insiders, such as officers and directors, own about 3.13% of BCV shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.