BGC Group, Inc.

BGC • NASDAQ

BGC Group, Inc. is a financial - capital markets company in the financial services sector on NASDAQ, led by Martin Laguerre, with a market cap of $4.2B. As of Q3 2025, 64% of shares are held by 357 institutional investors, with BlackRock, Inc. as the largest holder at 11.19%.

CEOMartin Laguerre

Market Cap$4.2B

Financial - Capital Markets

Financial Services

Employees3.9K

Websitebgcg.com

Country

United States of America

Overview

Overview of institutional ownership in BGC as of Q3 2025 with a market cap of $4.5B

All Institutions

Institutions: 357
Value Held: $2.8B
Shares Held: 299.6M
Avg Position: $8.0M
Median Position: $386.6K

Hedge Funds

Hedge Funds: 50
Value Held: $322.9M
Shares Held: 34.1M
Avg Position: $6.5M
Median Position: $818.5K

Ownership Breakdown

Institutional (non-HF)

56.31%

$2.5B

Hedge Funds

7.2%

$322.9M

Retail & Other

36.49%

$1.6B

Based on market cap of $4.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in BGC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$501.9M 0.01% of portfolio	11.19% 53.1M shares	Q4 2022 Held for 2y 11m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$399.9M 0.01% of portfolio	8.91% 42.3M shares	Q4 2022 Held for 2y 11m	$6.69T
R Rubric Capital Management LP Hedge Fund•Long/Short	Margaret Kossakowski CFO	$170.3M 2.45% of portfolio	3.79% 18.0M shares	Q4 2022 Held for 2y 11m	$6.9B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$137.8M 0.00% of portfolio	3.07% 14.6M shares	Q4 2022 Held for 2y 11m	$2.88T
A AltraVue Capital, LLC RIA/Wealth	Touk Sinantha Founder	$92.7M 7.69% of portfolio	2.07% 9.8M shares	Q4 2022 Held for 2y 11m	$1.2B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$85.3M 0.01% of portfolio	1.90% 9.0M shares	Q4 2022 Held for 2y 11m	$633.08B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$83.2M 0.01% of portfolio	1.85% 8.8M shares	Q4 2022 Held for 2y 11m	$1.57T
FMR LLC Institution	-	$83.0M 0.00% of portfolio	1.85% 8.8M shares	Q4 2022 Held for 2y 11m	$1.92T
Robeco Investment Management, Inc. Long Only Manager	Joseph Francis Feeney CEO	$81.6M 0.08% of portfolio	1.82% 8.7M shares	Q4 2022 Held for 2y 11m	$97.8B
N Nuveen, LLC Institution	-	$75.8M 0.02% of portfolio	1.69% 8.0M shares	Q1 2025 Held for 8 months	$377.89B

Net Capital Flow

Institutional buying and selling activity for BGC in Q3 2025

Traded: −$15.4M
Buyers: 174
Sellers: 151
Total Bought: +$156.3M
Total Sold: −$171.7M
Avg Position: $7.3M

Biggest Buyers

Institution	Net Bought	Current Position
H HRT FINANCIAL LLC Institution	+$12.9M +1.4M shares	$12.9M 1.4M shares
FRANKLIN RESOURCES INC Institution	+$12.0M +218.4K shares	$19.0M 344.6K shares
R Rubric Capital Management LP Hedge Fund•Long/Short	+$9.4M +994.4K shares	$170.3M 18.0M shares
N Nuveen, LLC Institution	+$9.1M +963.6K shares	$75.8M 8.0M shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	+$8.0M +846.9K shares	$20.9M 2.2M shares
UBS Group AG Institution	+$7.6M +806.8K shares	$18.8M 2.0M shares
S SOROS FUND MANAGEMENT LLC Institution	+$7.5M +791.5K shares	$41.6M 4.4M shares
Marshall Wace LLP Institution	+$7.1M +755.2K shares	$7.3M 773.7K shares
Trexquant Investment LP Hedge Fund•Quant	+$7.0M +739.2K shares	$7.0M 739.2K shares
J JANE STREET GROUP, LLC Institution	+$5.1M +542.4K shares	$8.1M 860.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
P Philosophy Capital Management LLC Hedge Fund•Multi-Strategy	−$18.4M −1.8M shares	Sold Off 0 shares
PENN CAPITAL MANAGEMENT CO INC Long Only Manager	−$15.3M −1.6M shares	$5.9M 622.8K shares
G Gillson Capital LP Hedge Fund•Long/Short	−$11.9M −1.3M shares	$5.2M 552.4K shares
N NEW YORK STATE COMMON RETIREMENT FUND Institution	−$9.2M −967.9K shares	$11.9M 1.3M shares
B BlackRock, Inc. Institution	−$9.0M −955.9K shares	$501.9M 53.1M shares
Robeco Investment Management, Inc. Long Only Manager	−$8.5M −897.4K shares	$81.6M 8.7M shares
JUPITER ASSET MANAGEMENT LTD Long Only Manager	−$7.3M −769.2K shares	$5.5M 579.2K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$7.2M −760.9K shares	$3.8M 396.9K shares
G GARNET EQUITY CAPITAL HOLDINGS, INC. Hedge Fund•Long/Short	−$6.0M −633.7K shares	$2.6M 269.8K shares
E Eisler Capital Management Ltd. Institution	−$5.3M −516.3K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BGC in Q3 2025

New Positions: 25
New Value: $4.0M
Exited Positions: 30
Exited Value: $40.6M

New Positions

Institution	Position Value
Voleon Capital Management LP Hedge Fund•Quant	$1.1M 114.3K shares
P PICTON MAHONEY ASSET MANAGEMENT Institution	$918.6K 97.1K shares
ISAM Funds Ltd Hedge Fund•Quant	$429.9K 45.4K shares
D DRW Securities, LLC Institution	$240.7K 25.4K shares
FourThought Financial Partners, LLC RIA/Wealth	$235.9K 24.9K shares
P Polymer Capital Management LLC Hedge Fund•Multi-Strategy	$201.6K 21.3K shares
Graham Capital Management, L.P. Hedge Fund•Multi-Strategy	$191.6K 20.3K shares
R Ritter Alpha, LP Institution	$141.8K 15.0K shares
Blueshift Asset Management, LLC Hedge Fund•Quant	$120.1K 12.7K shares
F FRED ALGER MANAGEMENT INC Long Only Manager	$108.9K 11.5K shares

Exited Positions

Institution	Previous Position
P Philosophy Capital Management LLC Hedge Fund•Multi-Strategy	$18.4M 1.8M shares
E Eisler Capital Management Ltd. Institution	$5.3M 516.3K shares
Boussard & Gavaudan Investment Management LLP Hedge Fund•Multi-Strategy	$4.4M 488.5K shares
Fort Point Capital Partners, LLC Fund of Funds	$2.8M 273.4K shares
Horizon Investments, LLC/SC Long Only Manager	$1.7M 170.5K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$1.6M 159.0K shares
LEUCADIA NATIONAL CORP Institution	$1.3M 124.1K shares
Round Rock Advisors, LLC RIA/Wealth	$958.4K 93.7K shares
Bridgewater Associates, LP Hedge Fund•Global Macro	$798.0K 78.0K shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	$475.4K 46.5K shares

Options Activity

Institutions with the largest Call and Put options positions in BGC as of Q3 2025

Call Positions: 4
Call Value: $1.2M
Put Positions: 4
Put Value: $1.4M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$702.9K 743.0 contracts
W WOLVERINE TRADING, LLC Institution	$274.3K 286.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$260.2K 275.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$846.7K 895.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$530.7K 561.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	- - contracts
P PEAK6 LLC Institution	- - contracts

Most Committed Institutions

Institutions with BGC as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
A AltraVue Capital, LLC RIA/Wealth	Touk Sinantha Founder	7.69% $92.7M	2.07% 9.8M shares	Q4 2022 Held for 2y 11m	$1.2B
R Ritter Alpha, LP Institution	-	7.38% $141.8K	0.00% 15.0K shares	Q3 2025 Held for 2 months	$1.9M
MUHLENKAMP & CO INC RIA/Wealth	Anthony William Muhlenkamp President	4.50% $16.6M	0.37% 1.8M shares	Q2 2023 Held for 2y 5m	$367.9M
O'Keefe Stevens Advisory, Inc. RIA/Wealth	Justin Dean Stevens President	4.48% $16.5M	0.37% 1.7M shares	Q4 2022 Held for 2y 11m	$369.3M
Private Capital Management, LLC RIA/Wealth	Gregg Joseph Powers CEO	3.99% $39.3M	0.88% 4.2M shares	Q3 2023 Held for 2y 2m	$986.6M
C CM Management, LLC Institution	-	2.76% $3.3M	0.07% 350.0K shares	Q4 2022 Held for 2y 11m	$119.9M
Hiddenite Capital Partners LP Hedge Fund•Long/Short	Ryan Russell Packard Managing Partner	2.56% $4.7M	0.11% 500.0K shares	Q2 2024 Held for 1y 5m	$184.4M
R Rubric Capital Management LP Hedge Fund•Long/Short	Margaret Kossakowski CFO	2.45% $170.3M	3.79% 18.0M shares	Q4 2022 Held for 2y 11m	$6.9B
Mountain Hill Investment Partners Corp. RIA/Wealth	Andrew John Kaiser CEO	1.68% $1.9M	0.04% 202.8K shares	Q4 2024 Held for 11 months	$114.1M
M Mork Capital Management Institution	-	1.63% $2.4M	0.05% 250.0K shares	Q4 2022 Held for 2y 11m	$145.1M