BGC Group
220 hedge funds and large institutions have $1.18B invested in BGC Group in 2023 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 85 increasing their positions, 65 reducing their positions, and 23 closing their positions.
565% more call options, than puts
Call options by funds: $3.65M | Put options by funds: $549K
48% more capital invested
Capital invested by funds: $795M → $1.18B (+$383M)
35% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 23
31% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 65
4.35% more ownership
Funds ownership: 64.81% → 69.16% (+4.3%)
3% more funds holding
Funds holding: 213 → 220 (+7)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$14.1M |
| 2 |
Millennium Management
New York
|
+$9.48M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$7.34M |
| 4 |
SC
Shay Capital
New York
|
+$6.46M |
| 5 |
OFCM
One Fin Capital Management
San Francisco,
California
|
+$5.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$4.75M |
| 2 |
P2P
Phase 2 Partners
San Francisco,
California
|
-$4.56M |
| 3 |
AFA
Alta Fundamental Advisers
New York
|
-$3.96M |
| 4 |
PCM
Philosophy Capital Management
Alamo,
California
|
-$3.96M |
| 5 |
D.E. Shaw & Co
New York
|
-$3.75M |
BGC Hedge Fund Activity: Q1 2023 in Review
220 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in BGC Group (BGC) for Q1 2023, worth a combined $1.18B — up 48% from $795M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BGC positions and 23 closed out — a net gain of 8 holders — while 85 added to existing stakes and 65 trimmed.
The largest buyer was Boston Partners, adding an estimated $14.1M. The largest seller was Cardinal Capital Management LLC (Connecticut), cutting an estimated $4.75M.
- 220 institutional investors held BGC Group (BGC) as of Q1 2023, up from 213 in Q4 2022.
- Funds reported $1.18B of BGC Group stock for Q1 2023, up 48% quarter-over-quarter.
- 31 funds opened new BGC Group positions in Q1 2023 and 23 closed out, a net change of +8 holders.
- The largest BGC Group buyer in Q1 2023 was Boston Partners, an estimated $14.1M added.
- The largest BGC Group seller in Q1 2023 was Cardinal Capital Management LLC (Connecticut), an estimated $4.75M sold.
Based on aggregated 13F filings for Q1 2023.