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BGC Group

280 hedge funds and large institutions have $1.94B invested in BGC Group in 2018 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 111 increasing their positions, 93 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

148% more call options, than puts

Call options by funds: $38.3M | Put options by funds: $15.4M

19% more repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 93

2.49% more ownership

Funds ownership: 91.95%94.44% (+2.5%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

10% less capital invested

Capital invested by funds: $2.16B → $1.94B (-$213M)

11% less funds holding

Funds holding: 315280 (-35)

45% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 71

Holders
280
Holders Change
-35
Holders Change %
-11.11%
% of All Funds
6.41%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
39
Increased
111
Reduced
93
Closed
71
Calls
$38.3M
Puts
$15.4M
Net Calls
+$22.9M
Net Calls Change
+$27.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$254M +$17.2M +2,157,278 +7%
BlackRock
2
BlackRock
New York
$140M +$9.2M +1,150,779 +6%
Principal Financial Group
3
Principal Financial Group
Iowa
$139M +$18.2M +2,271,321 +14%
CCMLC
4
Cardinal Capital Management LLC (Connecticut)
Connecticut
$83.8M +$30.9M +3,870,462 +51%
Point72 Asset Management
5
Point72 Asset Management
Connecticut
$78.7M +$74.5M +9,322,947 +626%
Renaissance Technologies
6
Renaissance Technologies
New York
$76.5M +$11M +1,372,132 +15%
RJA
7
Raymond James & Associates
Florida
$63.2M +$41.9M +5,240,364 +152%
Goldman Sachs
8
Goldman Sachs
New York
$60M -$14.3M -1,783,141 -18%
BBHC
9
Brown Brothers Harriman & Co
New York
$51M +$21.6K +2,701 +0%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$47.7M -$23.6M -2,954,298 -31%
Millennium Management
11
Millennium Management
New York
$46.1M -$25M -3,124,656 -33%
AQR Capital Management
12
AQR Capital Management
Connecticut
$45.3M -$3.19M -398,688 -6%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$44.8M +$3.34M +417,501 +7%
State Street
14
State Street
Massachusetts
$40.7M +$1.67M +209,175 +4%
TCP
15
Tourbillon Capital Partners
New York
$35.4M +$38.9M +4,868,229 New
Norges Bank
16
Norges Bank
Norway
$34.5M
JP Morgan Chase
17
JP Morgan Chase
New York
$32.6M -$3.95M -493,965 -10%
Allianz Asset Management
18
Allianz Asset Management
Germany
$28.6M +$9.11M +1,139,403 +41%
MWNA
19
Marshall Wace North America
New York
$25.1M +$11.8M +1,472,111 +74%
Neuberger Berman Group
20
Neuberger Berman Group
New York
$24.9M +$27.4M +3,422,866 New
Deutsche Bank
21
Deutsche Bank
Germany
$19.3M -$8.91M -1,114,650 -30%
UBS Group
22
UBS Group
Switzerland
$16.9M -$318K -39,762 -2%
TCIM
23
TIAA CREF Investment Management
New York
$16.5M +$2.03M +254,039 +13%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$15.6M -$26.1K -3,268 -0.2%
PFMOSF
25
Philadelphia Financial Management of San Francisco
California
$15.2M +$6.89M +862,359 +70%

BGC Hedge Fund Activity: Q2 2018 in Review

280 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in BGC Group (BGC) for Q2 2018, worth a combined $1.94B — down 9.9% from $2.16B a quarter earlier.

Sellers outnumbered buyers: 71 funds closed out of BGC and 39 opened new positions — a net loss of 32 holders — while 93 trimmed existing stakes and 111 added.

The largest buyer was Point72 Asset Management, adding an estimated $74.5M. The largest seller was Millennium Management, cutting an estimated $25M.

  • 280 institutional investors held BGC Group (BGC) as of Q2 2018, down from 315 in Q1 2018.
  • Funds reported $1.94B of BGC Group stock for Q2 2018, down 9.9% quarter-over-quarter.
  • 39 funds opened new BGC Group positions in Q2 2018 and 71 closed out, a net change of -32 holders.
  • The largest BGC Group buyer in Q2 2018 was Point72 Asset Management, an estimated $74.5M added.
  • The largest BGC Group seller in Q2 2018 was Millennium Management, an estimated $25M sold.

Based on aggregated 13F filings for Q2 2018.