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 ($1.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $5.28. Options: 9 managers hold calls ($10.7m notional), 7 hold puts ($2.1m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2023 | 8 |
| Q3 2023 | 212 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $0 | $0 | — |
| Q1 2023 | $0 | $0 | — |
| Q2 2023 | $0 | $0 | — |
| Q3 2023 | $10.7m | $2.1m | 0.20 |
Biggest buyers
| VANGUARD GROUP INC | New | +36.7m |
| BlackRock Inc. | New | +23.1m |
| Rubric Capital Management LP | New | +20.0m |
| CARDINAL CAPITAL MANAGEMENT LLC /CT | New | +12.1m |
| AltraVue Capital, LLC | New | +10.2m |
| Philosophy Capital Management LLC | New | +9.4m |
| STATE STREET CORP | New | +7.9m |
| Boston Partners | New | +7.6m |
| FMR LLC | New | +7.6m |
| GEODE CAPITAL MANAGEMENT, LLC | New | +7.3m |
Biggest sellers
| VICUS CAPITAL | Sold out | -20.1k |
| GREAT LAKES ADVISORS, LLC | Reduced | -10.9k |
Biggest calls
| Philosophy Capital Management LLC | New | $5.9m11.1k shares |
| GARNET EQUITY CAPITAL HOLDINGS, INC. | New | $2.6m500.0k shares |
| LEVIN CAPITAL STRATEGIES, L.P. | New | $1.1m213.5k shares |
| CITADEL ADVISORS LLC | New | $421.9k79.9k shares |
| GROUP ONE TRADING LLC | New | $285.1k54.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $175.8k33.3k shares |
| SIMPLEX TRADING, LLC | New | $136.0k25.8k shares |
| WOLVERINE TRADING, LLC | New | $87.1k16.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | New | $00 shares |
Biggest puts
| Squarepoint Ops LLC | New | $1.2m218.0k shares |
| Caption Management, LLC | New | $369.6k70.0k shares |
| CITADEL ADVISORS LLC | New | $309.4k58.6k shares |
| GROUP ONE TRADING LLC | New | $134.6k25.5k shares |
| WOLVERINE TRADING, LLC | New | $97.2k18.4k shares |
| SIMPLEX TRADING, LLC | New | $72.0k13.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | New | $00 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 in Q3 2023
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.
None reported in Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 36.7m $193.7m | New |
| BlackRock Inc. 0.00% of their portfolio | 23.1m $121.8m | New |
| Rubric Capital Management LP 4.44% of their portfolio | 20.0m $105.6m | New |
| CARDINAL CAPITAL MANAGEMENT LLC /CT 2.74% of their portfolio | 12.1m $63.8m | New |
| AltraVue Capital, LLC 6.44% of their portfolio | 10.2m $54.1m | New |
| Philosophy Capital Management LLC 10.36% of their portfolio | 9.4m $49.6m | New |
| STATE STREET CORP 0.00% of their portfolio | 7.9m $41.7m | New |
| Boston Partners 0.06% of their portfolio | 7.6m $41.0m | New |
| FMR LLC 0.00% of their portfolio | 7.6m $39.9m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 7.3m $38.7m | New |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 6.3m $33.1m | New |
| MORGAN STANLEY 0.00% of their portfolio | 5.2m $27.4m | New |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 4.9m $25.7m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 4.5m $23.6m | New |
| Boussard & Gavaudan Investment Management LLP 2.39% of their portfolio | 3.8m $20.4m | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 3.5m $18.4m | New |
| PRUDENTIAL FINANCIAL INC 0.03% of their portfolio | 3.2m $16.8m | New |
| Weiss Multi-Strategy Advisers LLC 0.40% of their portfolio | 3.1m $16.4m | New |
| JUPITER ASSET MANAGEMENT LTD 0.18% of their portfolio | 3.1m $16.3m | New |
| NORGES BANK 0.00% of their portfolio | 2.8m $14.7m | Not comparable |
| Private Capital Management, LLC 1.70% of their portfolio | 2.7m $14.1m | New |
| SOROS FUND MANAGEMENT LLC 0.27% of their portfolio | 2.5m $13.3m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.2m $11.9m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 2.1m $11.0m | New |
| PANAGORA ASSET MANAGEMENT INC 0.06% of their portfolio | 1.9m $9.9m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio | 1.9m $9.9m | New |
| RBF Capital, LLC 0.62% of their portfolio | 1.8m $9.4m | New |
| MUHLENKAMP & CO INC 3.09% of their portfolio | 1.7m $9.0m | New |
| No Street GP LP 1.05% of their portfolio | 1.6m $8.7m | New |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 1.5m $7.9m | New |
| O'Keefe Stevens Advisory, Inc. 3.59% of their portfolio | 1.5m $7.9m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 1.5m $7.7m | New |
| Robertson Stephens Wealth Management, LLC 0.49% of their portfolio | 1.4m $7.3m | New |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 1.3m $7.1m | New |
| Shay Capital LLC 2.03% of their portfolio | 1.3m $6.9m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.3m $6.8m | New |
| Interval Partners, LP 0.28% of their portfolio | 1.3m $6.7m | New |
| SEI INVESTMENTS CO 0.01% of their portfolio | 1.2m $6.2m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $6.2m | New |
| GARNET EQUITY CAPITAL HOLDINGS, INC. 5.32% of their portfolio | 1.1m $5.8m | New |
| Invesco Ltd. 0.00% of their portfolio | 1.0m $5.4m | New |
| Clearline Capital LP 0.52% of their portfolio | 1.0m $5.3m | New |
| Penn Capital Management Company, LLC 0.51% of their portfolio | 950.3k $5.0m | New |
| Schonfeld Strategic Advisors LLC 0.05% of their portfolio | 946.6k $5.0m | New |
| Tejara Capital Ltd 2.76% of their portfolio | 918.8k $4.9m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 886.7k $4.7m | New |
| GREAT LAKES ADVISORS, LLC 0.04% of their portfolio | 854.5k $4.5m | Reduced -10.9k |
| Gillson Capital LP 0.30% of their portfolio | 772.5k $4.1m | New |
| Legato Capital Management LLC 0.57% of their portfolio | 743.9k $3.9m | New |
| Swiss National Bank 0.00% of their portfolio | 702.6k $3.7m | New |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 700.0k $3.7m | New |
| CM Management, LLC 3.64% of their portfolio | 650.0k $3.4m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 575.0k $3.0m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 571.2k $3.0m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 507.0k $2.7m | New |
| FORMULA GROWTH LTD 0.88% of their portfolio | 488.3k $2.6m | New |
| 1832 Asset Management L.P. 0.00% of their portfolio | 431.6k $2.3m | New |
| FIL Ltd 0.00% of their portfolio | 428.6k $2.3m | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 421.5k $2.2m | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 418.2k $2.2m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 382.5k $2.0m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 351.9k $1.9m | New |
| Mariner, LLC 0.00% of their portfolio | 336.6k $1.8m | New |
| PUTNAM INVESTMENTS LLC 0.00% of their portfolio | 328.0k $1.7m | New |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 326.4k $1.7m | New |
| Diametric Capital, LP 0.71% of their portfolio | 321.2k $1.7m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 316.6k $1.7m | New |
| ALGERT GLOBAL LLC 0.08% of their portfolio | 308.9k $1.6m | New |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 299.2k $1.6m | New |
| Legal & General Group Plc 0.00% of their portfolio | 290.0k $1.5m | New |
| LEVIN CAPITAL STRATEGIES, L.P. 0.18% of their portfolio | 268.5k $1.4m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 265.0k $1.4m | New |
| UBS Group AG 0.00% of their portfolio | 259.2k $1.4m | New |
| Mork Capital Management, LLC 1.03% of their portfolio | 250.0k $1.3m | New |
| MARSHALL WACE, LLP 0.00% of their portfolio | 248.5k $1.3m | New |
| PDT Partners, LLC 0.16% of their portfolio | 243.5k $1.3m | New |
| Cinctive Capital Management LP 0.07% of their portfolio | 237.3k $1.3m | New |
| CORNERCAP INVESTMENT COUNSEL INC 0.21% of their portfolio | 213.9k $1.1m | New |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 212.4k $1.1m | New |
| CastleKnight Management LP 0.18% of their portfolio | 197.1k $1.0m | New |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 190.1k $1.0m | New |
| M&T Bank Corp 0.00% of their portfolio | 186.4k $984.1k | New |
| NewEdge Advisors, LLC 0.01% of their portfolio | 180.5k $953.3k | New |
| Prana Capital Management, LP 0.06% of their portfolio | 179.1k $945.6k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 177.3k $935.9k | New |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 176.5k $930.9k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 173.6k $916.4k | New |
| O'Brien Greene & Co. Inc 0.33% of their portfolio | 170.0k $897.6k | New |
| MetLife Investment Management, LLC 0.01% of their portfolio | 165.2k $872.2k | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 163.2k $861.8k | New |
| MARTINGALE ASSET MANAGEMENT L P 0.02% of their portfolio | 161.1k $850.7k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 159.2k $840.6k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio | 156.9k $828.6k | New |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.02% of their portfolio | 155.8k $822.8k | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 152.6k $805.9k | New |
| LPL Financial LLC 0.00% of their portfolio | 151.5k $799.7k | New |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 149.1k $786.7k | New |
| PEAK6 Investments LLC 0.04% of their portfolio | 145.8k $769.9k | New |
| DARK FOREST CAPITAL MANAGEMENT LP 0.06% of their portfolio | 145.3k $767.4k | New |
| Engineers Gate Manager LP 0.03% of their portfolio | 142.5k $752.5k | New |