BGC Group
252 hedge funds and large institutions have $962M invested in BGC Group in 2019 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 104 increasing their positions, 66 reducing their positions, and 61 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 66
3% more capital invested
Capital invested by funds: $932M → $962M (+$30.1M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.27% less ownership
Funds ownership: 63.35% → 62.08% (-1.3%)
7% less funds holding
Funds holding: 270 → 252 (-18)
25% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 61
67% less call options, than puts
Call options by funds: $906K | Put options by funds: $2.76M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$10.5M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$9.67M |
| 3 |
SFM
Soros Fund Management
New York
|
+$8.79M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$8.54M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$7.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$13.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.6M |
| 3 |
Millennium Management
New York
|
-$9.09M |
| 4 |
Goldman Sachs
New York
|
-$8.69M |
| 5 |
TA
Teachers Advisors
New York
|
-$7.03M |
BGC Hedge Fund Activity: Q1 2019 in Review
252 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in BGC Group (BGC) for Q1 2019, worth a combined $962M — up 3.2% from $932M a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of BGC and 46 opened new positions — a net loss of 15 holders — while 66 trimmed existing stakes and 104 added.
The largest buyer was Cardinal Capital Management LLC (Connecticut), adding an estimated $10.5M. The largest seller was Renaissance Technologies, cutting an estimated $13.8M.
- 252 institutional investors held BGC Group (BGC) as of Q1 2019, down from 270 in Q4 2018.
- Funds reported $962M of BGC Group stock for Q1 2019, up 3.2% quarter-over-quarter.
- 46 funds opened new BGC Group positions in Q1 2019 and 61 closed out, a net change of -15 holders.
- The largest BGC Group buyer in Q1 2019 was Cardinal Capital Management LLC (Connecticut), an estimated $10.5M added.
- The largest BGC Group seller in Q1 2019 was Renaissance Technologies, an estimated $13.8M sold.
Based on aggregated 13F filings for Q1 2019.