Who owns BGC (BGC)
Which tracked institutional funds hold BGC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See BGC company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
90 tracked funds added or opened BGC while 51 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
BGC’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes BGC more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in BGC divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 357 tracked filers holding BGC, 197 increased or opened the position and 162 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in BGC between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 21
- VANGUARD PORTFOLIO MANAGEMENT LLC$240M
- VANGUARD CAPITAL MANAGEMENT LLC$160M
- VANGUARD FIDUCIARY TRUST CO$25M
- NORGES BANK$12M
- CAPITOLIS LIQUID GLOBAL MARKETS LLC$7M
- Karl Kapital LLC$4M
Full exits 14
- VANGUARD GROUP INC$358M
- Capitolis Liquid Global Markets LLC$10M
- TWINBEECH CAPITAL LP$2M
- Versor Investments LP$2M
- Integrated Quantitative Investments LLC$1M
- CREDIT AGRICOLE S A$1M
Largest adds
- Rubric Capital Management LP$40M
- CITADEL ADVISORS LLC$36M
- SOROS FUND MANAGEMENT LLC$22M
- Nuveen, LLC$19M
- JANE STREET GROUP, LLC$14M
- STATE STREET CORP$13M
Largest trims
- BlackRock, Inc.$104M
- AltraVue Capital, LLC$53M
- M&T Bank Corp$29M
- MILLENNIUM MANAGEMENT LLC$27M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$10M
- D. E. Shaw & Co., Inc.$10M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 38,450,122 | $376M | 12.1% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 24,544,191 | $240M | 7.7% | 2026-Q1 |
| Rubric Capital Management LP added | 23,300,000 | $228M | 7.3% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 16,315,660 | $160M | 5.1% | 2026-Q1 |
| STATE STREET CORP added | 14,481,960 | $142M | 4.6% | 2026-Q1 |
| Nuveen, LLC added | 9,192,389 | $90M | 2.9% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 8,978,459 | $88M | 2.8% | 2026-Q1 |
| FMR LLC added | 8,538,452 | $84M | 2.7% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 7,903,339 | $77M | 2.5% | 2026-Q1 |
| Boston Partners trimmed | 7,285,941 | $71M | 2.3% | 2026-Q1 |
| Invesco Ltd. trimmed | 6,459,284 | $63M | 2.0% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 5,872,148 | $57M | 1.8% | 2026-Q1 |
| MORGAN STANLEY trimmed | 5,093,242 | $50M | 1.6% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 4,754,608 | $47M | 1.5% | 2026-Q1 |
| SOROS FUND MANAGEMENT LLC added | 4,199,713 | $41M | 1.3% | 2026-Q1 |
| Private Capital Management, LLC trimmed | 4,138,422 | $40M | 1.3% | 2026-Q1 |
| NORTHERN TRUST CORP added | 3,502,167 | $34M | 1.1% | 2026-Q1 |
| AltraVue Capital, LLC trimmed | 3,493,890 | $34M | 1.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 3,508,779 | $33M | 1.1% | 2026-Q1 |
| PRIVATE MANAGEMENT GROUP INC added | 3,323,964 | $33M | 1.0% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 2,762,110 | $27M | 0.9% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 2,631,894 | $26M | 0.8% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 2,518,107 | $25M | 0.8% | 2026-Q1 |
| UBS Group AG added | 2,440,578 | $24M | 0.8% | 2026-Q1 |
| Clearbridge Investments, LLC trimmed | 2,373,055 | $23M | 0.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 2,266,935 | $22M | 0.7% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 2,248,112 | $22M | 0.7% | 2026-Q1 |
| SG Americas Securities, LLC added | 1,908,807 | $19M | 0.6% | 2026-Q1 |
| O'Keefe Stevens Advisory, Inc. added | 1,805,789 | $18M | 0.6% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 1,775,888 | $17M | 0.6% | 2026-Q1 |
| ALGERT GLOBAL LLC trimmed | 1,729,755 | $17M | 0.5% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 1,697,615 | $17M | 0.5% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 1,630,485 | $16M | 0.5% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,522,166 | $15M | 0.5% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 1,521,236 | $15M | 0.5% | 2026-Q1 |
| Tidal Investments LLC trimmed | 1,466,581 | $14M | 0.5% | 2026-Q1 |
| MUHLENKAMP & CO INC trimmed | 1,443,941 | $14M | 0.5% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 1,443,762 | $14M | 0.5% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 1,420,652 | $14M | 0.4% | 2026-Q1 |
| Robertson Stephens Wealth Management, LLC trimmed | 1,376,167 | $13M | 0.4% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC added | 1,334,386 | $13M | 0.4% | 2026-Q1 |
| Public Sector Pension Investment Board added | 1,299,245 | $13M | 0.4% | 2026-Q1 |
| PRUDENTIAL FINANCIAL INC trimmed | 1,238,371 | $12M | 0.4% | 2026-Q1 |
| HRT FINANCIAL LP trimmed | 1,236,472 | $12M | 0.4% | 2026-Q1 |
| NORGES BANK trimmed | 1,256,038 | $12M | 0.4% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 1,087,711 | $11M | 0.3% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 1,083,382 | $11M | 0.3% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC added | 975,225 | $10M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 933,358 | $9M | 0.3% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 880,748 | $9M | 0.3% | 2026-Q1 |
| RBF Capital, LLC trimmed | 880,325 | $9M | 0.3% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND | 876,532 | $9M | 0.3% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC trimmed | 856,239 | $8M | 0.3% | 2026-Q1 |
| Legato Capital Management LLC trimmed | 844,728 | $8M | 0.3% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 834,183 | $8M | 0.3% | 2026-Q1 |
| Legal & General Group Plc trimmed | 826,277 | $8M | 0.3% | 2026-Q1 |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC new | 762,200 | $7M | 0.2% | 2026-Q1 |
| PDT Partners, LLC added | 723,612 | $7M | 0.2% | 2026-Q1 |
| Swiss National Bank trimmed | 711,208 | $7M | 0.2% | 2026-Q1 |
| SEI INVESTMENTS CO added | 691,362 | $7M | 0.2% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 687,205 | $7M | 0.2% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 672,402 | $7M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 637,615 | $6M | 0.2% | 2026-Q1 |
| Jump Financial, LLC added | 575,398 | $6M | 0.2% | 2026-Q1 |
| Creative Planning added | 553,167 | $5M | 0.2% | 2026-Q1 |
| Phocas Financial Corp. trimmed | 549,320 | $5M | 0.2% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 548,416 | $5M | 0.2% | 2026-Q1 |
| THOMPSON SIEGEL & WALMSLEY LLC trimmed | 486,777 | $5M | 0.2% | 2026-Q1 |
| CM Management, LLC added | 450,000 | $4M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 438,329 | $4M | 0.1% | 2026-Q1 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added | 433,128 | $4M | 0.1% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 430,676 | $4M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 423,623 | $4M | 0.1% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 411,844 | $4M | 0.1% | 2026-Q1 |
| CITIGROUP INC added | 401,133 | $4M | 0.1% | 2026-Q1 |
| Karl Kapital LLC new | 383,974 | $4M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 407,516 | $4M | 0.1% | 2026-Q1 |
| JUPITER ASSET MANAGEMENT LTD trimmed | 370,376 | $4M | 0.1% | 2026-Q1 |
| Trexquant Investment LP added | 352,979 | $3M | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 350,944 | $3M | 0.1% | 2026-Q1 |
| INTECH INVESTMENT MANAGEMENT LLC trimmed | 342,942 | $3M | 0.1% | 2026-Q1 |
| ESSEX INVESTMENT MANAGEMENT CO LLC added | 336,781 | $3M | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 326,305 | $3M | 0.1% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 322,943 | $3M | 0.1% | 2026-Q1 |
| BARCLAYS PLC trimmed | 322,223 | $3M | 0.1% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC trimmed | 316,614 | $3M | 0.1% | 2026-Q1 |
| KENNEDY CAPITAL MANAGEMENT LLC trimmed | 266,517 | $3M | 0.1% | 2026-Q1 |
| Engineers Gate Manager LP trimmed | 264,927 | $3M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 40,102,233 | $358M | 11.5% | 2025-Q4 stale |
| Azora Capital LP added | 2,265,066 | $21M | 0.7% | 2025-Q3 stale |
| Philosophy Capital Management LLC trimmed | 1,802,106 | $18M | 0.6% | 2025-Q2 stale |
| Capitolis Liquid Global Markets LLC trimmed | 1,101,700 | $10M | 0.3% | 2025-Q4 stale |
| Penn Capital Management Company, LLC trimmed | 622,783 | $6M | 0.2% | 2025-Q3 stale |
| MACQUARIE GROUP LTD trimmed | 598,451 | $6M | 0.2% | 2025-Q3 stale |
| Eisler Capital Management Ltd. new | 516,250 | $5M | 0.2% | 2025-Q2 stale |
| Gillson Capital LP trimmed | 552,432 | $5M | 0.2% | 2025-Q3 stale |
| Hiddenite Capital Partners LP | 500,000 | $5M | 0.2% | 2025-Q3 stale |
| Boussard & Gavaudan Investment Management LLP | 488,483 | $4M | 0.1% | 2025-Q2 stale |
| Fort Point Capital Partners LLC new | 273,422 | $3M | 0.1% | 2025-Q2 stale |
| GARNET EQUITY CAPITAL HOLDINGS, INC. trimmed | 269,790 | $3M | 0.1% | 2025-Q3 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.