BGC Group
250 hedge funds and large institutions have $1.86B invested in BGC Group in 2023 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 89 increasing their positions, 67 reducing their positions, and 19 closing their positions.
754% more call options, than puts
Call options by funds: $24.8M | Put options by funds: $2.9M
205% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 19
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
45% more capital invested
Capital invested by funds: $1.28B → $1.86B (+$579M)
33% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 67
18% more funds holding
Funds holding: 211 → 250 (+39)
4.41% more ownership
Funds ownership: 62.06% → 66.47% (+4.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$26.2M |
| 2 |
WHCM
Wolf Hill Capital Management
Greenwich,
Connecticut
|
+$17.1M |
| 3 |
ACL
Azora Capital LP
Miami,
Florida
|
+$10.5M |
| 4 |
Morgan Stanley
New York
|
+$10.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$15.2M |
| 2 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
-$7.28M |
| 3 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$5.19M |
| 4 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$4.73M |
| 5 |
Millennium Management
New York
|
-$4.54M |
BGC Hedge Fund Activity: Q4 2023 in Review
250 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in BGC Group (BGC) for Q4 2023, worth a combined $1.86B — up 45% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new BGC positions and 19 closed out — a net gain of 39 holders — while 89 added to existing stakes and 67 trimmed.
The largest buyer was BlackRock, adding an estimated $26.2M. The largest seller was Cardinal Capital Management LLC (Connecticut), cutting an estimated $15.2M.
- 250 institutional investors held BGC Group (BGC) as of Q4 2023, up from 211 in Q3 2023.
- Funds reported $1.86B of BGC Group stock for Q4 2023, up 45% quarter-over-quarter.
- 58 funds opened new BGC Group positions in Q4 2023 and 19 closed out, a net change of +39 holders.
- The largest BGC Group buyer in Q4 2023 was BlackRock, an estimated $26.2M added.
- The largest BGC Group seller in Q4 2023 was Cardinal Capital Management LLC (Connecticut), an estimated $15.2M sold.
Based on aggregated 13F filings for Q4 2023.