BANCROFT FD LTD BCV
COM · Closed-End Fund · CUSIP 059695106
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $25.99.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 32 |
| Q4 2022 | 33 |
| Q1 2023 | 31 |
| Q2 2023 | 38 |
| Q3 2023 | 37 |
| Q4 2023 | 39 |
| Q1 2024 | 43 |
| Q2 2024 | 39 |
| Q3 2024 | 39 |
| Q4 2024 | 44 |
| Q1 2025 | 41 |
| Q2 2025 | 38 |
| Q3 2025 | 37 |
| Q4 2025 | 34 |
| Q1 2026 | 38 |
| Q2 2026 | 42 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 17 | 17 |
| Q4 2024 | 18 | 20 |
| Q1 2025 | 17 | 18 |
| Q2 2025 | 20 | 14 |
| Q3 2025 | 16 | 17 |
| Q4 2025 | 15 | 19 |
| Q1 2026 | 17 | 13 |
| Q2 2026 | 17 | 16 |
Biggest buyers
| Advisors Asset Management, Inc. | Added | +126.5k |
| FIRST TRUST ADVISORS LP | Added | +15.1k |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | Added | +12.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +11.6k |
| DECISION INVESTMENTS, INC | New | +7.8k |
| RAYMOND JAMES FINANCIAL INC | New | +7.8k |
| Institute for Wealth Management, LLC. | New | +6.0k |
| ROYAL BANK OF CANADA | Added | +4.0k |
| Pathstone Holdings, LLC | Added | +3.1k |
| Integrated Wealth Concepts LLC | New | +2.8k |
Biggest sellers
| AMERIPRISE FINANCIAL INC | Reduced | -53.4k |
| WOLVERINE ASSET MANAGEMENT LLC | Sold out | -13.6k |
| Saba Capital Management, L.P. | Reduced | -12.4k |
| LPL Financial LLC | Reduced | -11.3k |
| Invesco Ltd. | Reduced | -7.3k |
| MORGAN STANLEY | Reduced | -6.5k |
| Mezzasalma Advisors, LLC | Reduced | -3.2k |
| NewEdge Advisors, LLC | Reduced | -2.7k |
| UBS Group AG | Reduced | -2.5k |
| STIFEL FINANCIAL CORP | Reduced | -1.8k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: AMERIPRISE FINANCIAL INC (4.5%, 2026-08-14), Saba Capital Management, L.P. (4.9%, 2026-03-30)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | $26.6k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 1 | $4.7k | 2 | $50.5k | — |
| Q1 2026 | 0 | — | 1 | $28.9k | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Saba Capital Management, L.P. 0.21% of their portfolio | 265.1k $6.9m | Reduced -12.4k |
| SIT INVESTMENT ASSOCIATES INC 0.13% of their portfolio | 255.2k $6.6m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 250.9k $6.5m | Reduced -53.4k |
| Advisors Asset Management, Inc. 0.06% of their portfolio | 162.4k $4.2m | Added +126.5k |
| Pathstone Holdings, LLC 0.01% of their portfolio | 148.5k $3.9m | Added +3.1k |
| MORGAN STANLEY 0.00% of their portfolio | 141.7k $3.7m | Reduced -6.5k |
| BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.39% of their portfolio | 120.2k $3.1m | Added +12.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 100.8k $2.6m | Unchanged |
| GUGGENHEIM CAPITAL LLC 0.02% of their portfolio | 92.2k $2.4m | Added +852 |
| Invesco Ltd. 0.00% of their portfolio | 81.9k $2.1m | Reduced -7.3k |
| Beckerman Institutional, LLC 0.90% of their portfolio | 72.9k $1.9m | Reduced -1.0k |
| UBS Group AG 0.00% of their portfolio | 58.4k $1.5m | Reduced -2.5k |
| LPL Financial LLC 0.00% of their portfolio | 47.7k $1.2m | Reduced -11.3k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 41.0k $1.1m | Added +15.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 40.1k $1.0m | Added +4.0k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 39.6k $1.0m | Reduced -1.2k |
| Bulldog Investors, LLP 0.23% of their portfolio | 39.4k $1.0m | Unchanged |
| Mezzasalma Advisors, LLC 0.19% of their portfolio | 36.7k $954.4k | Reduced -3.2k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 29.0k $754.0k | Reduced -1.8k |
| UHLMANN PRICE SECURITIES, LLC 0.03% of their portfolio | 26.3k $683.4k | Added +2.1k |
| GABELLI & Co INVESTMENT ADVISERS, INC. 0.10% of their portfolio | 25.7k $667.9k | Unchanged |
| EVOLVE PRIVATE WEALTH, LLC 0.03% of their portfolio | 20.2k $524.4k | Reduced -1.4k |
| Cetera Investment Advisers 0.00% of their portfolio | 19.9k $517.4k | Added +554 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 19.7k $511.6k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 18.8k $488.2k | Added +1.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 16.2k $422.0k | Added +124 |
| Shaker Financial Services, LLC 0.12% of their portfolio | 15.1k $393.3k | Reduced -89 |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 14.1k $365.6k | Unchanged |
| Concurrent Investment Advisors, LLC 0.00% of their portfolio | 12.9k $334.6k | Added +170 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 12.5k $324.9k | Reduced -2.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 11.6k $300.8k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 9.2k $239.2k | Unchanged |
| DECISION INVESTMENTS, INC 0.18% of their portfolio | 7.8k $202.7k | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 7.8k $202.5k | New |
| Institute for Wealth Management, LLC. 0.01% of their portfolio | 6.0k $157.1k | New |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 2.8k $73.0k | New |
| Clear Street Group Inc. 0.00% of their portfolio | 1.4k $37.2k | New |
| Caldwell Trust Co 0.00% of their portfolio | 1.2k $32.2k | Reduced -1.2k |
| Allworth Financial LP 0.00% of their portfolio | 1.0k $26.0k | Unchanged |
| Noble Wealth Management PBC 0.01% of their portfolio | 1.0k $26.0k | Unchanged |
| LRI Investments, LLC 0.00% of their portfolio | 309 $8.0k | Unchanged |
| ASSETMARK, INC 0.00% of their portfolio | 290 $7.5k | Unchanged |