BGC Group
156 hedge funds and large institutions have $438M invested in BGC Group in 2014 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 45 increasing their positions, 43 reducing their positions, and 14 closing their positions.
86% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 14
34% more call options, than puts
Call options by funds: $1.92M | Put options by funds: $1.43M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
16% more capital invested
Capital invested by funds: $378M → $438M (+$59.1M)
7% more funds holding
Funds holding: 146 → 156 (+10)
5% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kerrisdale Advisers
Miami,
Florida
|
+$7.45M |
| 2 |
LOM
Loeb Offshore Management
New York
|
+$5.19M |
| 3 |
Bank of New York Mellon
New York
|
+$5.01M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.79M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$4.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$6.59M |
| 2 |
GXMC
Global X Management Company
New York
|
-$4.26M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$2.95M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.9M |
| 5 |
KCP
Kortright Capital Partners
New York
|
-$2.83M |
BGC Hedge Fund Activity: Q1 2014 in Review
156 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in BGC Group (BGC) for Q1 2014, worth a combined $438M — up 16% from $378M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BGC positions and 14 closed out — a net gain of 12 holders — while 45 added to existing stakes and 43 trimmed.
The largest buyer was Kerrisdale Advisers, opening a new position worth an estimated $7.45M. The largest seller was Renaissance Technologies, cutting an estimated $6.59M.
- 156 institutional investors held BGC Group (BGC) as of Q1 2014, up from 146 in Q4 2013.
- Funds reported $438M of BGC Group stock for Q1 2014, up 16% quarter-over-quarter.
- 26 funds opened new BGC Group positions in Q1 2014 and 14 closed out, a net change of +12 holders.
- The largest BGC Group buyer in Q1 2014 was Kerrisdale Advisers, an estimated $7.45M added.
- The largest BGC Group seller in Q1 2014 was Renaissance Technologies, an estimated $6.59M sold.
Based on aggregated 13F filings for Q1 2014.