CM Management’s BGC Group BGC Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2025 Q2	$3.58M	Buy	350,000 +50,000	+17%	+$512K	3.26%	6
2025 Q1	$2.75M	Buy	300,000 +25,000	+9%	+$229K	2.76%	9
2024 Q4	$2.49M	Hold	275,000	–	–	2.23%	17
2024 Q3	$2.52M	Sell	275,000 -50,000	-15%	-$459K	2.01%	15
2024 Q2	$2.7M	Hold	325,000	–	–	2.48%	12
2024 Q1	$2.53M	Sell	325,000 -250,000	-43%	-$1.94M	2.12%	17
2023 Q4	$4.15M	Sell	575,000 -75,000	-12%	-$542K	3.34%	6
2023 Q3	$3.43M	Hold	650,000	–	–	3.64%	6
2023 Q2	$2.88M	Hold	650,000	–	–	2.81%	10
2023 Q1	$3.4M	Sell	650,000 -25,000	-4%	-$131K	4.04%	7
2022 Q4	$2.55M	Hold	675,000	–	–	3.04%	10
2022 Q3	$2.12M	Hold	675,000	–	–	2.37%	14
2022 Q2	$2.28M	Hold	675,000	–	–	2.42%	11
2022 Q1	$2.97M	Hold	675,000	–	–	2.49%	9
2021 Q4	$3.14M	Buy	675,000 +150,000	+29%	+$698K	2.37%	7
2021 Q3	$2.74M	Buy	525,000 +25,000	+5%	+$130K	2.04%	11
2021 Q2	$2.84M	Hold	500,000	–	–	2.05%	11
2021 Q1	$2.42M	Buy	500,000 +25,000	+5%	+$121K	1.79%	14
2020 Q4	$1.9M	Buy	+475,000	New	+$1.9M	1.76%	17