BGC Group
280 hedge funds and large institutions have $1.96B invested in BGC Group in 2018 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 111 increasing their positions, 92 reducing their positions, and 71 closing their positions.
148% more call options, than puts
Call options by funds: $38.3M | Put options by funds: $15.4M
21% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 92
2.6% more ownership
Funds ownership: 91.84% → 94.44% (+2.6%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
9% less capital invested
Capital invested by funds: $2.15B → $1.96B (-$198M)
11% less funds holding
Funds holding: 315 → 280 (-35)
45% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$74.5M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$41.9M |
| 3 |
TCP
Tourbillon Capital Partners
New York
|
+$38.9M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$30.9M |
| 5 |
Neuberger Berman Group
New York
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$25M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$23.6M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$17.5M |
| 4 |
FQ
First Quadrant
Glendale,
California
|
-$14.9M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$14.3M |
BGC Hedge Fund Activity: Q2 2018 in Review
280 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in BGC Group (BGC) for Q2 2018, worth a combined $1.96B — down 9.2% from $2.15B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of BGC and 39 opened new positions — a net loss of 32 holders — while 92 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 $1.96B of BGC Group stock for Q2 2018, down 9.2% 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.