BGC Group
243 hedge funds and large institutions have $468M invested in BGC Group in 2020 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 75 increasing their positions, 84 reducing their positions, and 39 closing their positions.
28% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 39
3% more funds holding
Funds holding: 237 → 243 (+6)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.73% less ownership
Funds ownership: 61.29% → 59.57% (-1.7%)
11% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 84
57% less capital invested
Capital invested by funds: $1.1B → $468M (-$634M)
88% less call options, than puts
Call options by funds: $253K | Put options by funds: $2.19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$33M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$16.6M |
| 3 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
+$16.5M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$10.7M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$9.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$44.2M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$37.9M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$15.4M |
| 4 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$9.8M |
| 5 |
SFM
Soros Fund Management
New York
|
-$7.09M |
BGC Hedge Fund Activity: Q1 2020 in Review
243 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in BGC Group (BGC) for Q1 2020, worth a combined $468M — down 57% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new BGC positions and 39 closed out — a net gain of 11 holders — while 75 added to existing stakes and 84 trimmed.
The largest buyer was Point72 Asset Management, adding an estimated $33M. The largest seller was Principal Financial Group, cutting an estimated $44.2M.
- 243 institutional investors held BGC Group (BGC) as of Q1 2020, up from 237 in Q4 2019.
- Funds reported $468M of BGC Group stock for Q1 2020, down 57% quarter-over-quarter.
- 50 funds opened new BGC Group positions in Q1 2020 and 39 closed out, a net change of +11 holders.
- The largest BGC Group buyer in Q1 2020 was Point72 Asset Management, an estimated $33M added.
- The largest BGC Group seller in Q1 2020 was Principal Financial Group, an estimated $44.2M sold.
Based on aggregated 13F filings for Q1 2020.