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 ($8.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.30. Options: 9 managers hold calls ($9.7m notional), 8 hold puts ($2.6m).
Trends to Q2 2024
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 |
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 2023 | 205 | 2 |
| Q4 2023 | 134 | 86 |
| Q1 2024 | 137 | 117 |
| Q2 2024 | 139 | 119 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $10.7m | $2.1m | 0.20 |
| Q4 2023 | $24.8m | $2.9m | 0.12 |
| Q1 2024 | $4.9m | $1.5m | 0.30 |
| Q2 2024 | $9.7m | $2.6m | 0.27 |
Biggest buyers
| J. Goldman & Co LP | New | +2.6m |
| Invesco Ltd. | Added | +2.4m |
| Clearbridge Investments, LLC | New | +1.9m |
| MARSHALL WACE, LLP | New | +1.9m |
| Alua Capital Management LP | New | +1.7m |
| Shay Capital LLC | New | +1.0m |
| JANE STREET GROUP, LLC | Added | +624.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +540.1k |
| JPMORGAN CHASE & CO | Added | +489.5k |
| NEUBERGER BERMAN GROUP LLC | New | +485.3k |
Biggest sellers
| MORGAN STANLEY | Reduced | -9.6m |
| CARDINAL CAPITAL MANAGEMENT LLC /CT | Reduced | -6.0m |
| HRT FINANCIAL LP | Reduced | -3.1m |
| Philosophy Capital Management LLC | Reduced | -1.7m |
| BlackRock Inc. | Reduced | -1.7m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.5m |
| FMR LLC | Reduced | -1.4m |
| Bridgewater Associates, LP | Reduced | -1.1m |
| PRUDENTIAL FINANCIAL INC | Reduced | -994.0k |
| VANGUARD GROUP INC | Reduced | -924.6k |
Biggest calls
| Hiddenite Capital Partners LP | New | $5.0m600.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.4m163.3k shares |
| J. Goldman & Co LP | New | $954.5k115.0k shares |
| CITADEL ADVISORS LLC | Added | $675.6k81.4k shares |
| PEAK6 Investments LLC | Reduced | $588.5k70.9k shares |
| GROUP ONE TRADING LLC | Added | $460.6k55.5k shares |
| SIMPLEX TRADING, LLC | Added | $400.0k48.2k shares |
| IMC-Chicago, LLC | New | $311.2k37.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $1.1m129.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $456.5k55.0k shares |
| PEAK6 Investments LLC | New | $396.7k47.8k shares |
| WOLVERINE TRADING, LLC | Added | $333.7k40.2k shares |
| IMC-Chicago, LLC | New | $200.0k24.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $135.0k16.3k shares |
| GROUP ONE TRADING LLC | Reduced | $46.5k5.6k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $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 Q2 2024
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 |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | — | — |
| Q2 2024 | 0 | — | 1 | $1.4m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-05-07 | Windeatt Sean A Chief Operating Officer | Sold | $1.0m118.4k shares |
| 2024-05-06 | Windeatt Sean A Chief Operating Officer | Sold | $349.2k40.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 45.4m $377.2m | Reduced -1.7m |
| VANGUARD GROUP INC 0.01% of their portfolio | 41.5m $344.5m | Reduced -924.6k |
| Rubric Capital Management LP 4.16% of their portfolio | 19.0m $157.7m | Unchanged |
| STATE STREET CORP 0.01% of their portfolio | 14.9m $123.8m | Added +349.1k |
| AltraVue Capital, LLC 8.36% of their portfolio | 10.1m $84.1m | Reduced -46.7k |
| Boston Partners 0.10% of their portfolio | 9.3m $77.9m | Added +217.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 8.9m $74.2m | Added +540.1k |
| FMR LLC 0.00% of their portfolio | 8.5m $70.9m | Reduced -1.4m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 7.4m $61.4m | Added +378.9k |
| MORGAN STANLEY 0.00% of their portfolio | 6.0m $50.2m | Reduced -9.6m |
| Philosophy Capital Management LLC 6.92% of their portfolio | 5.5m $45.3m | Reduced -1.7m |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 4.8m $39.4m | Reduced -102.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 4.7m $39.1m | Added +155.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 4.5m $37.1m | Added +489.5k |
| Invesco Ltd. 0.01% of their portfolio | 4.0m $32.9m | Added +2.4m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 3.8m $31.9m | Reduced -139.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 3.8m $31.2m | Added +255.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 3.1m $25.9m | Added +327.1k |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 2.9m $24.3m | Added +430.6k |
| Private Capital Management, LLC 2.71% of their portfolio | 2.7m $22.8m | Reduced -24.4k |
| PRUDENTIAL FINANCIAL INC 0.03% of their portfolio | 2.7m $22.0m | Reduced -994.0k |
| NORGES BANK 0.00% of their portfolio | 2.6m $21.8m | Reduced -293.6k |
| J. Goldman & Co LP 0.80% of their portfolio | 2.6m $21.5m | New |
| SOROS FUND MANAGEMENT LLC 0.37% of their portfolio | 2.0m $16.3m | Added +8.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 1.9m $16.2m | Added +101.3k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 1.9m $15.8m | New |
| PANAGORA ASSET MANAGEMENT INC 0.08% of their portfolio | 1.9m $15.6m | Added +75.6k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 1.9m $15.4m | New |
| Penn Capital Management Company, LLC 1.46% of their portfolio | 1.8m $15.4m | Added +96.9k |
| JUPITER ASSET MANAGEMENT LTD 0.14% of their portfolio | 1.8m $14.9m | Reduced -18.0k |
| MUHLENKAMP & CO INC 4.49% of their portfolio | 1.7m $14.4m | Reduced -2.0k |
| GARNET EQUITY CAPITAL HOLDINGS, INC. 11.03% of their portfolio | 1.7m $14.4m | Reduced -50.0k |
| Alua Capital Management LP 0.75% of their portfolio | 1.7m $14.2m | New |
| O'Keefe Stevens Advisory, Inc. 4.32% of their portfolio | 1.6m $12.9m | Added +36.0k |
| No Street GP LP 1.05% of their portfolio | 1.5m $12.4m | Added +85.4k |
| Robertson Stephens Wealth Management, LLC 0.63% of their portfolio | 1.5m $12.1m | Added +31.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.4m $12.0m | Reduced -342.2k |
| CARDINAL CAPITAL MANAGEMENT LLC /CT 3.21% of their portfolio | 1.4m $11.7m | Reduced -6.0m |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.3m $10.5m | Reduced -384.3k |
| HRT FINANCIAL LP 0.06% of their portfolio | 1.3m $10.4m | Reduced -3.1m |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 1.2m $9.8m | Added +53.6k |
| Interval Partners, LP 0.27% of their portfolio | 1.1m $9.2m | Added +308.5k |
| Trexquant Investment LP 0.14% of their portfolio | 1.1m $9.0m | Added +26.5k |
| Legal & General Group Plc 0.00% of their portfolio | 1.0m $8.6m | Reduced -12.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.0m $8.6m | Reduced -65.6k |
| Shay Capital LLC 2.38% of their portfolio | 1.0m $8.5m | New |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 964.0k $8.0m | Added +624.1k |
| Tejara Capital Ltd 2.71% of their portfolio | 896.5k $7.4m | Added +55.0k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 847.3k $7.0m | Reduced -770.8k |
| Public Sector Pension Investment Board 0.04% of their portfolio | 844.6k $7.0m | Added +51.8k |
| Legato Capital Management LLC 0.94% of their portfolio | 844.2k $7.0m | Unchanged |
| Wolf Hill Capital Management, LP 0.65% of their portfolio | 777.8k $6.5m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 746.0k $6.2m | Added +356.2k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.10% of their portfolio | 718.8k $6.0m | Reduced -24.8k |
| Swiss National Bank 0.00% of their portfolio | 718.2k $6.0m | Reduced -6.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 656.5k $5.4m | Added +165.6k |
| Alyeska Investment Group, L.P. 0.03% of their portfolio | 633.8k $5.3m | Reduced -18.8k |
| Global IMC LLC 1.16% of their portfolio | 619.4k $5.1m | Added +28 |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 575.0k $4.8m | Reduced -125.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 487.1k $4.0m | Reduced -285.8k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 485.3k $4.0m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 484.6k $4.0m | Reduced -1.5m |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 481.1k $4.0m | Added +100.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 463.7k $3.8m | Reduced -184.3k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.08% of their portfolio | 413.8k $3.4m | Added +230.0k |
| RBF Capital, LLC 0.19% of their portfolio | 389.0k $3.2m | Reduced -657.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 362.3k $3.0m | Reduced -45.2k |
| Y-Intercept (Hong Kong) Ltd 0.16% of their portfolio | 359.7k $3.0m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 356.9k $3.0m | Reduced -10.3k |
| Hudson Bay Capital Management LP 0.02% of their portfolio | 350.0k $2.9m | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 334.9k $2.8m | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 331.9k $2.8m | Added +254.4k |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 326.0k $2.7m | Reduced -769.3k |
| CM Management, LLC 2.48% of their portfolio | 325.0k $2.7m | Unchanged |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 321.9k $2.7m | Added +15.0k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 318.7k $2.6m | Reduced -16.9k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.48% of their portfolio | 312.2k $2.6m | Added +77.0k |
| Boussard & Gavaudan Investment Management LLP 0.37% of their portfolio | 282.2k $2.3m | Reduced -467.1k |
| CITIGROUP INC 0.00% of their portfolio | 277.7k $2.3m | Added +28.8k |
| Mork Capital Management, LLC 1.63% of their portfolio | 250.0k $2.1m | Unchanged |
| FJ Capital Management LLC 0.22% of their portfolio | 248.9k $2.1m | New |
| Squarepoint Ops LLC 0.01% of their portfolio | 238.4k $2.0m | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 237.8k $2.0m | Reduced -895.8k |
| LPL Financial LLC 0.00% of their portfolio | 226.1k $1.9m | Reduced -6.2k |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 225.4k $1.9m | Reduced -10.2k |
| Illinois Municipal Retirement Fund 0.03% of their portfolio | 223.5k $1.9m | New |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 223.0k $1.9m | Reduced -177.0k |
| Corebridge Financial, Inc. 0.01% of their portfolio | 215.0k $1.8m | First filing |
| MetLife Investment Management, LLC 0.01% of their portfolio | 213.1k $1.8m | Added +31.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 210.5k $1.7m | Added +6.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 207.9k $1.7m | Added +54.2k |
| Hiddenite Capital Partners LP 2.01% of their portfolio | 200.0k $1.7m | New |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 193.3k $1.6m | Unchanged |
| Louisiana State Employees Retirement System 0.03% of their portfolio | 193.1k $1.6m | Added +1.5k |
| South Dakota Investment Council 0.03% of their portfolio | 191.6k $1.6m | New |
| M&T Bank Corp 0.01% of their portfolio | 185.4k $1.5m | Reduced -8.9k |
| Prana Capital Management, LP 0.07% of their portfolio | 184.0k $1.5m | Added +87.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 182.2k $1.5m | First filing |
| Bridgewater Associates, LP 0.01% of their portfolio | 181.4k $1.5m | Reduced -1.1m |
| NewEdge Advisors, LLC 0.01% of their portfolio | 176.9k $1.5m | Reduced -773 |