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 ($12.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.78. Options: 7 managers hold calls ($3.3m notional), 4 hold puts ($735.5k).
Trends to Q1 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 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 139 | 119 |
| 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 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $3.0m | $3.7m | 1.24 |
| Q3 2025 | $1.8m | $1.5m | 0.79 |
| Q4 2025 | $3.0m | $225.0k | 0.07 |
| Q1 2026 | $3.3m | $735.5k | 0.22 |
Biggest buyers
| CITADEL ADVISORS LLC | Added | +3.5m |
| Rubric Capital Management LP | Added | +2.3m |
| SOROS FUND MANAGEMENT LLC | Added | +2.1m |
| JANE STREET GROUP, LLC | Added | +1.4m |
| Nuveen, LLC | Added | +1.3m |
| SG Americas Securities, LLC | Added | +1.2m |
| UBS Group AG | Added | +1.0m |
| BlackRock, Inc. | Added | +874.1k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +822.7k |
| TUDOR INVESTMENT CORP ET AL | Added | +818.2k |
Biggest sellers
| AltraVue Capital, LLC | Reduced | -6.3m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -3.1m |
| Boston Partners | Reduced | -1.5m |
| D. E. Shaw & Co., Inc. | Reduced | -1.2m |
| RBF Capital, LLC | Reduced | -916.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -788.8k |
| ALGERT GLOBAL LLC | Reduced | -723.5k |
| Rockefeller Capital Management L.P. | Reduced | -686.2k |
| Tidal Investments LLC | Reduced | -645.9k |
| Robertson Stephens Wealth Management, LLC | Reduced | -629.4k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $792.2k81.0k shares |
| SIMPLEX TRADING, LLC | Added | $619.1k63.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $613.2k62.7k shares |
| GROUP ONE TRADING LLC | Added | $606.4k62.0k shares |
| Walleye Capital LLC | New | $311.0k31.8k shares |
| CITADEL ADVISORS LLC | Added | $242.5k24.8k shares |
| IMC-Chicago, LLC | New | $107.6k11.0k shares |
Biggest puts
| Walleye Capital LLC | New | $394.1k40.3k shares |
| JANE STREET GROUP, LLC | New | $323.7k33.1k shares |
| SIMPLEX TRADING, LLC | Added | $16.6k1.7k shares |
| GROUP ONE TRADING LLC | Unchanged | $978100 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 Q1 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 |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 1 | $1.4m | — |
| Q3 2024 | 0 | — | 1 | $395.9k | — |
| 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 | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-05 | AUBIN JEAN-PIERRE Co-Chief Executive Officer | Sold | $95.5k10.0k 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, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 54.6m $534.0m | Added +874.1k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 24.5m $240.0m | First filing |
| Rubric Capital Management LP 2.79% of their portfolio | 23.3m $227.9m | Added +2.3m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 16.3m $159.6m | First filing |
| STATE STREET CORP 0.00% of their portfolio | 14.5m $141.6m | Added +120.0k |
| Nuveen, LLC 0.02% of their portfolio | 9.2m $89.9m | Added +1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 9.0m $87.8m | Added +252.1k |
| FMR LLC 0.00% of their portfolio | 8.6m $84.6m | Added +544.0k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 7.9m $77.3m | Added +163.6k |
| Boston Partners 0.07% of their portfolio | 7.3m $71.4m | Reduced -1.5m |
| Invesco Ltd. 0.01% of their portfolio | 6.9m $67.1m | Added +240.7k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 5.9m $57.4m | Added +3.5m |
| MORGAN STANLEY 0.00% of their portfolio | 5.1m $49.8m | Reduced -534.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 4.8m $46.5m | Added +167.5k |
| SOROS FUND MANAGEMENT LLC 0.56% of their portfolio | 4.2m $41.1m | Added +2.1m |
| Private Capital Management, LLC 4.12% of their portfolio | 4.1m $40.5m | Reduced -12.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.5m $33.5m | Added +364.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 3.5m $34.3m | Added +112.5k |
| AltraVue Capital, LLC 2.94% of their portfolio | 3.5m $34.2m | Reduced -6.3m |
| PRIVATE MANAGEMENT GROUP INC 0.94% of their portfolio | 3.3m $32.5m | Added +23.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 2.8m $27.0m | Reduced -49.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.6m $25.7m | Added +375.7k |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 2.5m $24.6m | First filing |
| UBS Group AG 0.00% of their portfolio | 2.4m $23.9m | Added +1.0m |
| Clearbridge Investments, LLC 0.02% of their portfolio | 2.4m $23.2m | Reduced -315 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.3m $22.2m | Added +180.7k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 2.2m $22.0m | Added +1.4m |
| SG Americas Securities, LLC 0.02% of their portfolio | 1.9m $18.7m | Added +1.2m |
| O'Keefe Stevens Advisory, Inc. 4.36% of their portfolio | 1.8m $17.7m | Added +129.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 1.8m $17.4m | Added +57.5k |
| ALGERT GLOBAL LLC 0.25% of their portfolio | 1.7m $16.9m | Reduced -723.5k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 1.7m $16.6m | Added +51.9k |
| Rockefeller Capital Management L.P. 0.03% of their portfolio | 1.6m $15.9m | Reduced -686.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.5m $14.9m | Added +822.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 1.5m $14.9m | Added +562.7k |
| Tidal Investments LLC 0.04% of their portfolio | 1.5m $14.3m | Reduced -645.9k |
| MUHLENKAMP & CO INC 3.72% of their portfolio | 1.4m $14.1m | Reduced -315.3k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 1.4m $14.1m | Added +333.3k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 1.4m $13.9m | Reduced -1.2m |
| Robertson Stephens Wealth Management, LLC 0.38% of their portfolio | 1.4m $13.5m | Reduced -629.4k |
| PANAGORA ASSET MANAGEMENT INC 0.05% of their portfolio | 1.3m $13.1m | Added +107.3k |
| Public Sector Pension Investment Board 0.04% of their portfolio | 1.3m $12.7m | Added +55.8k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 1.2m $12.1m | Reduced -92.6k |
| HRT FINANCIAL LP 0.04% of their portfolio | 1.2m $12.1m | Reduced -252.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 1.1m $10.6m | Reduced -788.8k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 1.1m $10.6m | Added +591.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 975.2k $9.5m | Added +58.8k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 933.4k $9.1m | Reduced -16.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 880.7k $8.6m | Added +111.1k |
| RBF Capital, LLC 0.42% of their portfolio | 880.3k $8.6m | Reduced -916.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 876.5k $8.6m | Unchanged |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 856.2k $8.4m | Reduced -57.7k |
| Legato Capital Management LLC 0.75% of their portfolio | 844.7k $8.3m | Reduced -1.5k |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 834.2k $8.2m | Added +818.2k |
| Legal & General Group Plc 0.00% of their portfolio | 826.3k $8.1m | Reduced -85.6k |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC 0.05% of their portfolio | 762.2k $7.5m | First filing |
| PDT Partners, LLC 0.42% of their portfolio | 723.6k $7.1m | Added +344.0k |
| Swiss National Bank 0.00% of their portfolio | 711.2k $7.0m | Reduced -10.3k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 691.4k $6.8m | Added +302.2k |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 687.2k $6.7m | Added +73.1k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 672.4k $6.6m | Added +126.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 637.6k $6.2m | Reduced -10.1k |
| Jump Financial, LLC 0.08% of their portfolio | 575.4k $5.6m | Added +487.7k |
| Creative Planning 0.00% of their portfolio | 553.2k $5.4m | Added +390.0k |
| Phocas Financial Corp. 0.84% of their portfolio | 549.3k $5.4m | Reduced -153.5k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 548.4k $5.4m | Added +451.8k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.08% of their portfolio | 486.8k $4.8m | Reduced -122.1k |
| CM Management, LLC 3.68% of their portfolio | 450.0k $4.4m | Added +50.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 438.3k $4.3m | Added +68.5k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.16% of their portfolio | 433.1k $4.2m | Added +182.0k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 430.7k $4.2m | Added +20.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 423.6k $4.1m | Added +68.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 411.8k $4.0m | Added +45.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 407.5k $3.6m | Reduced -42.5k |
| CITIGROUP INC 0.00% of their portfolio | 401.1k $3.9m | Added +3.9k |
| Karl Kapital LLC 2.60% of their portfolio | 384.0k $3.8m | New |
| JUPITER ASSET MANAGEMENT LTD 0.02% of their portfolio | 370.4k $3.6m | New |
| Trexquant Investment LP 0.02% of their portfolio | 353.0k $3.5m | Added +10.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 350.9k $3.4m | Reduced -108.1k |
| INTECH INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 342.9k $3.4m | Reduced -531.2k |
| ESSEX INVESTMENT MANAGEMENT CO LLC 0.52% of their portfolio | 336.8k $3.3m | Added +6.3k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 326.3k $3.2m | Added +189.5k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 322.9k $3.2m | First filing |
| BARCLAYS PLC 0.00% of their portfolio | 322.2k $3.2m | Reduced -401.4k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 316.6k $3.1m | Reduced -51.2k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 266.5k $2.6m | Reduced -3.3k |
| Engineers Gate Manager LP 0.03% of their portfolio | 264.9k $2.6m | Reduced -171.6k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 257.7k $2.5m | Added +10.8k |
| Mork Capital Management, LLC 1.74% of their portfolio | 250.0k $2.4m | Unchanged |
| ASHTON THOMAS SECURITIES, LLC 0.28% of their portfolio | 231.9k $2.3m | Unchanged |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 231.6k $2.3m | Reduced -15.7k |
| State of Tennessee, Department of Treasury 0.01% of their portfolio | 226.3k $2.2m | Added +50.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 223.1k $2.2m | Reduced -317.5k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 220.6k $2.2m | Reduced -184.1k |
| M&T Bank Corp 0.01% of their portfolio | 199.6k $2.0m | Reduced -3.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 196.7k $1.9m | Added +108.2k |
| State of Alaska, Department of Revenue 0.02% of their portfolio | 196.2k $1.9m | Reduced -3.9k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 193.8k $1.9m | Reduced -2.2k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 192.5k $1.9m | Reduced -55.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 191.7k $1.9m | Reduced -213.3k |