BGC Group
206 hedge funds and large institutions have $1.03B invested in BGC Group in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 66 increasing their positions, 71 reducing their positions, and 37 closing their positions.
595% more call options, than puts
Call options by funds: $3.27M | Put options by funds: $471K
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.12% less ownership
Funds ownership: 69.16% → 69.05% (-0.12%)
7% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 71
6% less funds holding
Funds holding: 220 → 206 (-14)
13% less capital invested
Capital invested by funds: $1.18B → $1.03B (-$149M)
35% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$26.4M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$8.14M |
| 3 |
Lazard Asset Management
New York
|
+$6.77M |
| 4 |
GECH
Garnet Equity Capital Holdings
New York
|
+$3.94M |
| 5 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$13.8M |
| 2 |
OFCM
One Fin Capital Management
San Francisco,
California
|
-$6.8M |
| 3 |
D.E. Shaw & Co
New York
|
-$6.2M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$4.84M |
| 5 |
Two Sigma Advisers
New York
|
-$3.54M |
BGC Hedge Fund Activity: Q2 2023 in Review
206 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in BGC Group (BGC) for Q2 2023, worth a combined $1.03B — down 13% from $1.18B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of BGC and 24 opened new positions — a net loss of 13 holders — while 71 trimmed existing stakes and 66 added.
The largest buyer was Fidelity Investments, adding an estimated $26.4M. The largest seller was Millennium Management, exiting entirely with an estimated $13.8M sold.
- 206 institutional investors held BGC Group (BGC) as of Q2 2023, down from 220 in Q1 2023.
- Funds reported $1.03B of BGC Group stock for Q2 2023, down 13% quarter-over-quarter.
- 24 funds opened new BGC Group positions in Q2 2023 and 37 closed out, a net change of -13 holders.
- The largest BGC Group buyer in Q2 2023 was Fidelity Investments, an estimated $26.4M added.
- The largest BGC Group seller in Q2 2023 was Millennium Management, an estimated $13.8M sold.
Based on aggregated 13F filings for Q2 2023.