BGC Group
227 hedge funds and large institutions have $1.37B invested in BGC Group in 2017 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 75 increasing their positions, 64 reducing their positions, and 17 closing their positions.
245% more capital inflows, than outflows
Capital inflows: $340M | Capital outflows: $98.6M
159% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 17
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
17% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 64
10% more funds holding
Funds holding: 207 → 227 (+20)
2.07% more ownership
Funds ownership: 46.8% → 48.87% (+2.1%)
93% less call options, than puts
Call options by funds: $433K | Put options by funds: $6.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$161M |
| 2 |
Brown Brothers Harriman & Co
New York
|
+$50.3M |
| 3 |
Millennium Management
New York
|
+$18.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.6M |
| 5 |
Renaissance Technologies
New York
|
+$9.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$19.4M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$19.3M |
| 3 |
Global X Management Company
New York
|
-$8.84M |
| 4 |
Granahan Investment Management
Waltham,
Massachusetts
|
-$8.27M |
| 5 |
Morgan Stanley
New York
|
-$5.93M |
BGC Hedge Fund Activity: Q1 2017 in Review
227 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in BGC Group (BGC) for Q1 2017, worth a combined $1.37B — up 18% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new BGC positions and 17 closed out — a net gain of 27 holders — while 75 added to existing stakes and 64 trimmed.
The largest buyer was BlackRock, adding an estimated $161M. The largest seller was Cardinal Capital Management LLC (Connecticut), cutting an estimated $19.4M.
- 227 institutional investors held BGC Group (BGC) as of Q1 2017, up from 207 in Q4 2016.
- Funds reported $1.37B of BGC Group stock for Q1 2017, up 18% quarter-over-quarter.
- 44 funds opened new BGC Group positions in Q1 2017 and 17 closed out, a net change of +27 holders.
- The largest BGC Group buyer in Q1 2017 was BlackRock, an estimated $161M added.
- The largest BGC Group seller in Q1 2017 was Cardinal Capital Management LLC (Connecticut), an estimated $19.4M sold.
Based on aggregated 13F filings for Q1 2017.