BGC Group
207 hedge funds and large institutions have $405M invested in BGC Group in 2020 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 80 reducing their positions, and 37 closing their positions.
5.22% less ownership
Funds ownership: 59.02% → 53.8% (-5.2%)
7% less funds holding
Funds holding: 222 → 207 (-15)
20% less capital invested
Capital invested by funds: $507M → $405M (-$102M)
31% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 80
38% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 37
95% less call options, than puts
Call options by funds: $1.25M | Put options by funds: $23.5M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$13.9M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$13.5M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$11.8M |
| 4 |
Goldman Sachs
New York
|
+$11.3M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
-$38.6M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$13.7M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.68M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$7.14M |
| 5 |
D.E. Shaw & Co
New York
|
-$3.84M |
BGC Hedge Fund Activity: Q3 2020 in Review
207 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in BGC Group (BGC) for Q3 2020, worth a combined $405M — down 20% from $507M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of BGC and 23 opened new positions — a net loss of 14 holders — while 80 trimmed existing stakes and 55 added.
The largest buyer was BlackRock, adding an estimated $13.9M. The largest seller was Mirabella Financial Services, exiting entirely with an estimated $38.6M sold.
- 207 institutional investors held BGC Group (BGC) as of Q3 2020, down from 222 in Q2 2020.
- Funds reported $405M of BGC Group stock for Q3 2020, down 20% quarter-over-quarter.
- 23 funds opened new BGC Group positions in Q3 2020 and 37 closed out, a net change of -14 holders.
- The largest BGC Group buyer in Q3 2020 was BlackRock, an estimated $13.9M added.
- The largest BGC Group seller in Q3 2020 was Mirabella Financial Services, an estimated $38.6M sold.
Based on aggregated 13F filings for Q3 2020.