BGC GROUP INC BGC
CL A · Common Stock · CUSIP 088929104
American global financial services company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($12.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.69. Options: 7 managers hold calls ($1.9m notional), 5 hold puts ($948.2k).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2023 | 8 |
| Q3 2023 | 212 |
| Q4 2023 | 251 |
| Q1 2024 | 259 |
| Q2 2024 | 282 |
| Q3 2024 | 308 |
| Q4 2024 | 320 |
| Q1 2025 | 335 |
| Q2 2025 | 344 |
| Q3 2025 | 364 |
| Q4 2025 | 349 |
| Q1 2026 | 358 |
| Q2 2026 | 367 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 145 | 128 |
| Q4 2024 | 156 | 143 |
| Q1 2025 | 164 | 144 |
| Q2 2025 | 189 | 146 |
| Q3 2025 | 174 | 156 |
| Q4 2025 | 149 | 190 |
| Q1 2026 | 188 | 154 |
| Q2 2026 | 207 | 129 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $1.8m | $1.5m | 0.79 |
| Q4 2025 | $3.0m | $225.0k | 0.07 |
| Q1 2026 | $3.3m | $735.5k | 0.22 |
| Q2 2026 | $1.9m | $948.2k | 0.51 |
Biggest buyers
| LAZARD ASSET MANAGEMENT LLC | Added | +5.1m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +4.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +3.5m |
| BlackRock, Inc. | Added | +2.9m |
| FMR LLC | Added | +2.0m |
| ALGERT GLOBAL LLC | Added | +1.3m |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Added | +1.2m |
| PANAGORA ASSET MANAGEMENT INC | Added | +986.1k |
| STATE STREET CORP | Added | +862.6k |
| JPMORGAN CHASE & CO | Added | +798.8k |
Biggest sellers
| CITADEL ADVISORS LLC | Sold out | -5.9m |
| JANE STREET GROUP, LLC | Sold out | -2.2m |
| Qube Research & Technologies Ltd | Reduced | -1.3m |
| UBS Group AG | Reduced | -1.2m |
| D. E. Shaw & Co., Inc. | Reduced | -1.0m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -998.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -975.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -944.9k |
| HRT FINANCIAL LP | Reduced | -793.2k |
| TUDOR INVESTMENT CORP ET AL | Reduced | -787.5k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $450.0k42.1k shares |
| IMC-Chicago, LLC | Added | $404.1k37.8k shares |
| CITADEL ADVISORS LLC | Added | $327.1k30.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $305.7k28.6k shares |
| Walleye Capital LLC | Reduced | $267.2k25.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $91.9k8.6k shares |
| GROUP ONE TRADING LLC | Reduced | $6.4k600 shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $491.7k46.0k shares |
| Walleye Capital LLC | Reduced | $289.7k27.1k shares |
| IMC-Chicago, LLC | New | $156.1k14.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $9.6k900 shares |
| GROUP ONE TRADING LLC | Unchanged | $1.1k100 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
CANTOR FITZGERALD, L. P.
13D · may seek influence
-0.1 pts · filed 2025-10-06
Stated purposeItem 4 is hereby amended and supplemented with the following: Completion of Howard W. Lutnick Divestiture In accordance with the transactions detailed below, Mr. Howard W. Lutnick, the U.S. Secretary of Commerce and the Company's former Chief Executive Officer and former Chairman of the Board of Directors of the Company, has completed his previously announced divestiture of his holdings in the Company in connection with his appointment as the U.S. Secretary of Commerce. Mr. Howard W. Lutnick no longer has any voting or dispositive power over any of the securities of the Company, and the Reporting Persons understand that he will file Amendment No. 20B as his final amendment to the Original 13D to reflect his zero ownership. Acquisition of CFGM Voting Shares by Trusts Controlled by Mr. Bra… Full filing |
23.4% |
| BlackRock, Inc. 13G · institution +2.9 pts · filed 2025-10-17 | 14.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.8% |
| Rubric Capital Management LP 13G · institution new · filed 2026-02-13 | 5.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 1 | $177.3k | — |
| Q3 2025 | 0 | — | 1 | $286.2k | — |
| Q4 2025 | 3 | $82.6m | 1 | $82.6m | — |
| Q1 2026 | 0 | — | 1 | $95.5k | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 0 | — | — |
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 57.5m $614.4m | Added +2.9m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 25.7m $275.2m | Added +1.2m |
| Rubric Capital Management LP 2.33% of their portfolio | 23.8m $254.4m | Added +500.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 16.6m $178.0m | Added +332.0k |
| STATE STREET CORP 0.00% of their portfolio | 15.3m $164.0m | Added +862.6k |
| FMR LLC 0.00% of their portfolio | 10.6m $113.3m | Added +2.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 9.7m $104.0m | Added +746.5k |
| Nuveen, LLC 0.02% of their portfolio | 9.3m $98.9m | Added +62.9k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 8.3m $88.2m | Added +347.4k |
| Boston Partners 0.07% of their portfolio | 7.2m $77.4m | Reduced -59.5k |
| Invesco Ltd. 0.01% of their portfolio | 6.4m $68.5m | Reduced -450.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 6.2m $66.0m | Added +4.6m |
| LAZARD ASSET MANAGEMENT LLC 0.09% of their portfolio | 5.4m $57.9m | Added +5.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 5.0m $53.5m | Added +245.4k |
| MORGAN STANLEY 0.00% of their portfolio | 4.6m $49.7m | Reduced -446.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 4.3m $45.2m | Added +798.8k |
| Private Capital Management, LLC 4.09% of their portfolio | 4.2m $45.1m | Added +76.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 4.0m $42.4m | Added +3.5m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 3.9m $41.6m | Added +385.8k |
| SOROS FUND MANAGEMENT LLC 0.49% of their portfolio | 3.5m $37.2m | Reduced -717.8k |
| AltraVue Capital, LLC 2.58% of their portfolio | 3.3m $35.8m | Reduced -149.6k |
| PRIVATE MANAGEMENT GROUP INC 0.93% of their portfolio | 3.3m $35.3m | Reduced -25.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 3.0m $32.2m | Added +376.9k |
| ALGERT GLOBAL LLC 0.38% of their portfolio | 3.0m $31.9m | Added +1.3m |
| Bank of New York Mellon Corp 0.00% of their portfolio | 2.8m $30.5m | Added +86.8k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 2.7m $28.5m | Added +152.0k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 2.4m $25.4m | Unchanged |
| PANAGORA ASSET MANAGEMENT INC 0.08% of their portfolio | 2.3m $24.8m | Added +986.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.1m $22.7m | Reduced -140.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.9m $20.0m | Added +95.3k |
| O'Keefe Stevens Advisory, Inc. 4.02% of their portfolio | 1.8m $19.6m | Added +28.1k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 1.8m $19.3m | Added +110.9k |
| MUHLENKAMP & CO INC 4.48% of their portfolio | 1.4m $15.5m | Added +3.1k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 1.4m $15.3m | Added +197.1k |
| Robertson Stephens Wealth Management, LLC 0.35% of their portfolio | 1.3m $14.1m | Reduced -55.6k |
| SG Americas Securities, LLC 0.01% of their portfolio | 1.3m $13.9m | Reduced -605.9k |
| Public Sector Pension Investment Board 0.04% of their portfolio | 1.3m $13.6m | Reduced -29.4k |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 1.2m $13.0m | Reduced -417.4k |
| UBS Group AG 0.00% of their portfolio | 1.2m $12.8m | Reduced -1.2m |
| NORGES BANK 0.00% of their portfolio | 1.1m $12.0m | Not comparable |
| Tidal Investments LLC 0.03% of their portfolio | 1.1m $11.9m | Reduced -354.1k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 1.0m $10.8m | Added +335.4k |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 982.9k $10.5m | Added +725.2k |
| PDT Partners, LLC 0.55% of their portfolio | 981.2k $10.5m | Added +257.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 970.6k $10.4m | Reduced -117.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 890.7k $9.5m | Added +14.2k |
| RBF Capital, LLC 0.39% of their portfolio | 880.3k $9.4m | Unchanged |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 876.8k $9.4m | Reduced -56.6k |
| Legato Capital Management LLC 0.75% of their portfolio | 848.0k $9.1m | Added +3.3k |
| Legal & General Group Plc 0.00% of their portfolio | 835.3k $8.9m | Added +9.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 826.0k $8.8m | Reduced -30.3k |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 783.0k $8.4m | Added +95.8k |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC 0.04% of their portfolio | 762.2k $8.1m | Unchanged |
| Azora Capital LP 0.34% of their portfolio | 746.1k $8.0m | New |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 735.6k $7.9m | Added +187.2k |
| Swiss National Bank 0.00% of their portfolio | 731.9k $7.8m | Added +20.7k |
| Creative Planning 0.00% of their portfolio | 714.9k $7.6m | Added +161.7k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 616.8k $6.6m | Added +465.4k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 616.1k $6.6m | Reduced -21.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 576.3k $6.2m | Reduced -944.9k |
| CITIGROUP INC 0.00% of their portfolio | 571.8k $6.1m | Added +170.7k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 566.2k $6.1m | Added +239.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 533.0k $5.7m | Added +121.2k |
| Phocas Financial Corp. 0.77% of their portfolio | 522.3k $5.6m | Reduced -27.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 497.7k $5.3m | Reduced -193.7k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 479.4k $4.7m | Added +71.8k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.09% of their portfolio | 470.9k $5.0m | Reduced -15.9k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.09% of their portfolio | 465.6k $5.0m | Added +32.5k |
| CM Management, LLC 3.06% of their portfolio | 450.0k $4.8m | Unchanged |
| HRT FINANCIAL LP 0.01% of their portfolio | 443.2k $4.7m | Reduced -793.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 420.1k $4.5m | Reduced -3.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 418.5k $4.5m | Added +67.6k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 413.1k $4.4m | Reduced -1.0m |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 386.5k $4.1m | Reduced -494.2k |
| Horizon Investments, LLC 0.04% of their portfolio | 369.8k $4.0m | Added +179.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 367.3k $3.9m | Added +175.7k |
| INTECH INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 347.5k $3.7m | Added +4.6k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 341.0k $3.6m | Added +18.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 337.2k $3.6m | Added +144.8k |
| Trexquant Investment LP 0.02% of their portfolio | 336.6k $3.6m | Reduced -16.4k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.45% of their portfolio | 321.5k $3.4m | Reduced -15.3k |
| BARCLAYS PLC 0.00% of their portfolio | 318.8k $3.4m | Reduced -3.4k |
| Moody Aldrich Partners LLC 0.49% of their portfolio | 254.0k $2.7m | New |
| Mork Capital Management, LLC 1.71% of their portfolio | 250.0k $2.7m | Unchanged |
| KENNEDY CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 245.3k $2.6m | Reduced -21.2k |
| ASHTON THOMAS SECURITIES, LLC 0.37% of their portfolio | 231.9k $2.5m | Unchanged |
| MetLife Investment Management, LLC 0.01% of their portfolio | 219.5k $2.3m | Added +25.7k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 213.0k $2.3m | Reduced -7.5k |
| Quantinno Capital Management LP 0.00% of their portfolio | 213.0k $2.3m | Added +113.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 206.1k $2.2m | Reduced -17.1k |
| EQUITABLE TRUST CO 0.09% of their portfolio | 193.0k $2.1m | Added +85.0k |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 192.0k $2.1m | Reduced -34.3k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 191.5k $2.0m | Added +7.4k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 186.3k $2.0m | Added +176.8k |
| M&T Bank Corp 0.01% of their portfolio | 185.8k $2.0m | Reduced -13.8k |
| DIVERSIFIED TRUST CO 0.03% of their portfolio | 185.5k $2.0m | Added +73.9k |
| Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio | 185.2k $2.0m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 183.5k $2.0m | Added +19.1k |
| Illinois Municipal Retirement Fund 0.02% of their portfolio | 180.5k $1.9m | Reduced -10.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 173.8k $1.9m | Added +3.7k |