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BGC Group

303 hedge funds and large institutions have $2.05B invested in BGC Group in 2017 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 103 increasing their positions, 95 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 30

14% more funds holding

Funds holding: 266303 (+37)

12% more capital invested

Capital invested by funds: $1.84B → $2.05B (+$216M)

4.57% more ownership

Funds ownership: 78.59%83.16% (+4.6%)

9% more call options, than puts

Call options by funds: $2.94M | Put options by funds: $2.71M

8% more repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 95

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
303
Holders Change
+37
Holders Change %
+13.91%
% of All Funds
6.87%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.11%
New
69
Increased
103
Reduced
95
Closed
30
Calls
$2.94M
Puts
$2.71M
Net Calls
+$238K
Net Calls Change
+$3.45M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$312M +$26.5M +2,620,820 +9%
BlackRock
2
BlackRock
New York
$175M +$7.54M +746,902 +4%
Principal Financial Group
3
Principal Financial Group
Iowa
$137M -$6.2M -614,574 -4%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$107M +$22.7K +2,253 +0%
BBHC
5
Brown Brothers Harriman & Co
New York
$68M
Goldman Sachs
6
Goldman Sachs
New York
$58.1M +$25M +2,479,349 +71%
Renaissance Technologies
7
Renaissance Technologies
New York
$56.8M +$27.8M +2,754,757 +89%
Millennium Management
8
Millennium Management
New York
$55.4M +$25.4M +2,520,380 +79%
JP Morgan Chase
9
JP Morgan Chase
New York
$52.8M +$6.2M +614,540 +13%
State Street
10
State Street
Massachusetts
$51.7M +$586K +58,030 +1%
AQR Capital Management
11
AQR Capital Management
Connecticut
$47.8M +$30.7M +3,044,968 +162%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$47.2M +$15.3M +1,513,647 +45%
CCMLC
13
Cardinal Capital Management LLC (Connecticut)
Connecticut
$47M -$37.4M -3,708,507 -43%
Norges Bank
14
Norges Bank
Norway
$46M +$2.34M +231,723 +5%
Morgan Stanley
15
Morgan Stanley
New York
$31.5M +$19.4M +1,921,724 +145%
RJA
16
Raymond James & Associates
Florida
$30M -$27.5M -2,721,048 -47%
Wells Fargo
17
Wells Fargo
California
$26.1M +$2.04M +201,760 +8%
MAM
18
Martingale Asset Management
Massachusetts
$24.6M +$3.28M +324,905 +15%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$19.6M -$7.9M -782,941 -28%
Northern Trust
20
Northern Trust
Illinois
$19.3M +$225K +22,264 +1%
Lazard Asset Management
21
Lazard Asset Management
New York
$19M +$2.52M +249,735 +15%
PPA
22
Parametric Portfolio Associates
Washington
$18.9M -$158K -15,662 -0.8%
TA
23
Teachers Advisors
New York
$18.6M +$1.52M +150,398 +9%
Allianz Asset Management
24
Allianz Asset Management
Germany
$17.4M +$8.87M +878,290 +96%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$16.6M -$4.01M -396,836 -19%

BGC Hedge Fund Activity: Q4 2017 in Review

303 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in BGC Group (BGC) for Q4 2017, worth a combined $2.05B — up 12% from $1.84B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new BGC positions and 30 closed out — a net gain of 39 holders — while 103 added to existing stakes and 95 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $30.7M. The largest seller was Cardinal Capital Management LLC (Connecticut), cutting an estimated $37.4M.

  • 303 institutional investors held BGC Group (BGC) as of Q4 2017, up from 266 in Q3 2017.
  • Funds reported $2.05B of BGC Group stock for Q4 2017, up 12% quarter-over-quarter.
  • 69 funds opened new BGC Group positions in Q4 2017 and 30 closed out, a net change of +39 holders.
  • The largest BGC Group buyer in Q4 2017 was AQR Capital Management, an estimated $30.7M added.
  • The largest BGC Group seller in Q4 2017 was Cardinal Capital Management LLC (Connecticut), an estimated $37.4M sold.

Based on aggregated 13F filings for Q4 2017.