• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by BGC Group Inc.

    3/19/24 4:21:52 PM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance
    Get the next $BGC alert in real time by email
    SC 13G 1 BGC_SC13G.htm SCHEDULE 13G

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    SCHEDULE 13G
    Under the Securities Exchange Act of 1934


    BGC GROUP, INC.
    (Name of Issuer)

    CLASS A COMMON STOCK, PAR VALUE $0.01 PER SHARE
    (Title of Class of Securities)

    088929104
    (CUSIP Number)

    MARCH 14, 2024
    (Date of event which requires filing of this statement)

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

         o Rule 13d-1(b)

         þ Rule 13d-1(c)

         o Rule 13d-1(d)

    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the notes).



                         
    CUSIP No.
     
    088929104

    SCHEDULE 13G

    Page  
    2
      of   
    10

    1
     NAMES OF REPORTING PERSONS
     
     Millennium Management LLC
    2
     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (a)   o
     (b)   o
    3
     SEC USE ONLY
    4
     CITIZENSHIP OR PLACE OF ORGANIZATION

     Delaware
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON WITH
    5
     SOLE VOTING POWER

     -0-
    6
     SHARED VOTING POWER

     2,143,382 (See Item 4(a))
     
    7
     SOLE DISPOSITIVE POWER

     -0-
     
    8
     SHARED DISPOSITIVE POWER

     2,143,382 (See Item 4(a))
     
    9
     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     2,143,382 (See Item 4(a))
    10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     o
    11
     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     0.6%
    12 TYPE OF REPORTING PERSON

     
    OO


                         
    CUSIP No.
     
    088929104

    SCHEDULE 13G

    Page  
    3
      of   
    10

    1
     NAMES OF REPORTING PERSONS
     
     Millennium Group Management LLC
    2
     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (a)   o
     (b)   o
    3
     SEC USE ONLY
    4
     CITIZENSHIP OR PLACE OF ORGANIZATION

     Delaware
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON WITH
    5
     SOLE VOTING POWER

     -0-
    6
     SHARED VOTING POWER

     2,143,382 (See Item 4(a))
     
    7
     SOLE DISPOSITIVE POWER

     -0-
     
    8
     SHARED DISPOSITIVE POWER

     2,143,382 (See Item 4(a))
     
    9
     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     2,143,382 (See Item 4(a))
    10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     o
    11
     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     0.6%
    12 TYPE OF REPORTING PERSON

     
    OO


                         
    CUSIP No.
     
    088929104

    SCHEDULE 13G

    Page  
    4
      of   
    10

    1
     NAMES OF REPORTING PERSONS
     
     Israel A. Englander
    2
     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
     (a)   o
     (b)   o
    3
     SEC USE ONLY
    4
     CITIZENSHIP OR PLACE OF ORGANIZATION

     United States
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON WITH
    5
     SOLE VOTING POWER

     -0-
    6
     SHARED VOTING POWER

     2,143,382 (See Item 4(a))
     
    7
     SOLE DISPOSITIVE POWER

     -0-
     
    8
     SHARED DISPOSITIVE POWER

     2,143,382 (See Item 4(a))
     
    9
     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     2,143,382 (See Item 4(a))
    10
     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

     o
    11
     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

     0.6%
    12
     TYPE OF REPORTING PERSON

     IN

                         
    CUSIP No.
     
    088929104

     SCHEDULE 13G

    Page  
    5
      of   
    10
     
    Item 1.    
     
    (a) Name of Issuer:
     
       
     
      BGC Group, Inc.
     
       
     
    (b) Address of Issuer’s Principal Executive Offices:
     
       
     
     

    499 Park Avenue
    New York, New York 10022

         
    Item 2.
    (a) Name of Person Filing:
     
    (b) Address of Principal Business Office:
     
    (c) Citizenship:
         
     
      Millennium Management LLC
    399 Park Avenue
    New York, New York 10022
    Citizenship: Delaware
     
       
     
      Millennium Group Management LLC
    399 Park Avenue
    New York, New York 10022
    Citizenship: Delaware
     
       
     
      Israel A. Englander
    c/o Millennium Management LLC
    399 Park Avenue
    New York, New York 10022
    Citizenship: United States
     
       
      (d) Title of Class of Securities:
    Class A common stock, par value $0.01 per share ("Class A Common Stock")
     
      (e) CUSIP Number:
    088929104
     
     

    Item 3.  If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:

     
      (a)   o   Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
                 
     
      (b)   o   Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
                 
     
      (c)   o   Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
                 
     
      (d)   o   Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
                 
     
      (e)   o   An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
                 
     
      (f)   o    An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

                         
    CUSIP No.
     
    088929104

     SCHEDULE 13G

    Page  
    6
      of   
    10
                 
     
      (g)   o   A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
                 
     
      (h)   o   A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
                 
     
      (i)   o   A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
                 
     
      (j)   o   Group, in accordance with §240.13d-1(b)(1)(ii)(J).

    Item 4. Ownership

       Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

    (a) Amount Beneficially Owned:

       See response to Item 9 on each cover page.

       After acquiring beneficial ownership of more than 5% of the outstanding Class A Common Stock on March 14, 2024, the reporting persons ceased to be beneficial owners of more than 5% of the outstanding Class A Common Stock by the date of this filing.

    (b) Percent of Class:   

       See response to Item 11 on each cover page.

     (c) Number of shares as to which such person has:

    (i) Sole power to vote or to direct the vote

       See response to Item 5 on each cover page.


                         
    CUSIP No.
     
    088929104

     SCHEDULE 13G

    Page  
    7
      of   
    10

    (ii) Shared power to vote or to direct the vote

       See response to Item 6 on each cover page.

    (iii) Sole power to dispose or to direct the disposition of

       See response to Item 7 on each cover page.

    (iv) Shared power to dispose or to direct the disposition of

       See response to Item 8 on each cover page.

       The securities disclosed herein as potentially beneficially owned by Millennium Management LLC, Millennium Group Management LLC and Mr. Englander are held by entities subject to voting control and investment discretion by Millennium Management LLC and/or other investment managers that may be controlled by Millennium Group Management LLC (the managing member of Millennium Management LLC) and Mr. Englander (the sole voting trustee of the managing member of Millennium Group Management LLC). The foregoing should not be construed in and of itself as an admission by Millennium Management LLC, Millennium Group Management LLC or Mr. Englander as to beneficial ownership of the securities held by such entities.

    Item 5. Ownership of Five Percent or Less of a Class

       If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following þ.

    Item 6. Ownership of More than Five Percent on Behalf of Another Person.

        Not applicable.

    Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

        Not applicable.

    Item 8. Identification and Classification of Members of the Group

        See Exhibit I.

    Item 9. Notice of Dissolution of Group

        Not applicable.

    Item 10. Certification 

       By signing below each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


                         
    CUSIP No.
     
    088929104

    SCHEDULE 13G

    Page  
    8
      of   
    10

    Exhibits:

    Exhibit I:  Joint Filing Agreement, dated as of March 18, 2024, by and among Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander.


                         
    CUSIP No.
     
    088929104

    SCHEDULE 13G

    Page  
    9
      of   
    10
                         
         

    SIGNATURE

                 

    After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct.

    Dated: March 18, 2024

    MILLENNIUM MANAGEMENT LLC

    By: /s/Gil Raviv

    Name: Gil Raviv
    Title:  Global General Counsel

     

    MILLENNIUM GROUP MANAGEMENT LLC

    By: /s/Gil Raviv

    Name: Gil Raviv
    Title:  Global General Counsel

     

    /s/ Israel A. Englander

    Israel A. Englander



                         
    CUSIP No.
     
    088929104

    SCHEDULE 13G

    Page  
    10
      of   
    10
                         
          EXHIBIT I              
                         
          JOINT FILING AGREEMENT              

    This will confirm the agreement by and among the undersigned that the Schedule 13G filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial ownership by the undersigned of the Class A Common Stock, par value $0.01 per share, of BGC Group, Inc. will be filed on behalf of each of the persons and entities named below in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

    Dated: March 18, 2024

    MILLENNIUM MANAGEMENT LLC

    By: /s/Gil Raviv

    Name: Gil Raviv
    Title:  Global General Counsel

     

    MILLENNIUM GROUP MANAGEMENT LLC

    By: /s/Gil Raviv

    Name: Gil Raviv
    Title:  Global General Counsel

     

    /s/ Israel A. Englander

    Israel A. Englander


    Get the next $BGC alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $BGC

    DatePrice TargetRatingAnalyst
    2/25/2025$16.00Buy
    BofA Securities
    More analyst ratings

    $BGC
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    BGC Reports Second Quarter 2025 Financial Results

    BGC Declares Quarterly Dividend of 2 Cents Conference Call to Discuss Results Scheduled for 10:00 AM ET Today BGC Group, Inc. (NASDAQ:BGC) today reported its financial results for the second quarter ended June 30, 2025. A complete financial results press release, including information about today's conference call and BGC's most recent dividend declaration, is available at http://ir.bgcg.com/, along with BGC's earnings presentation and supplemental financial tables. About BGC Group, Inc. BGC Group, Inc. (NASDAQ:BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income, foreign exchange, energy, commoditi

    7/31/25 8:00:00 AM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    BGC Group to Report Second Quarter 2025 Financial Results on July 31, 2025

    Conference call to be hosted at 10:00 a.m. ET BGC Group, Inc. (NASDAQ:BGC) will announce its second quarter 2025 financial results on Thursday, July 31, 2025, at approximately 8:00 a.m. ET. A conference call to review the results will follow at 10:00 a.m. ET. BGC plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results at approximately 8:00 a.m. ET on Thursday, July 31, 2025, which will be accessible at http://ir.bgcg.com. BGC will host a conference call on Thursday, July 31, 2025, at 10:00 a.m. ET for investors. WHO: BGC Group, Inc. (NASDAQ:BGC) WHAT: Second Quarter 2025 financial results con

    7/2/25 4:05:00 PM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    BGC Group Updates its Outlook for the Second Quarter of 2025

    BGC Group, Inc. (NASDAQ:BGC), today announced that it has updated its outlook for the quarter ending June 30, 2025. Updated Outlook BGC expects to be slightly above its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the second quarter of 2025. The Company's outlook was contained in BGC's financial results press release issued on May 7, 2025, which can be found at http://ir.bgcg.com. Non-GAAP Financial Measures The non-GAAP definitions below include references to certain equity-based compensation instruments, such as restricted stock awards and/or restricted stock units ("RSUs"), that the Company has issued and outstanding following its corporate conversio

    6/30/25 4:05:00 PM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    $BGC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    BofA Securities initiated coverage on BGC Group with a new price target

    BofA Securities initiated coverage of BGC Group with a rating of Buy and set a new price target of $16.00

    2/25/25 7:05:29 AM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    $BGC
    SEC Filings

    View All

    SEC Form S-4 filed by BGC Group Inc.

    S-4 - BGC Group, Inc. (0001094831) (Filer)

    8/11/25 5:17:04 PM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    SEC Form 10-Q filed by BGC Group Inc.

    10-Q - BGC Group, Inc. (0001094831) (Filer)

    8/11/25 4:03:03 PM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    BGC Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits

    8-K - BGC Group, Inc. (0001094831) (Filer)

    7/31/25 8:10:39 AM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    $BGC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Chief Financial Officer Hauf Jason W. covered exercise/tax liability with 12,849 shares, decreasing direct ownership by 11% to 106,219 units (SEC Form 4)

    4 - BGC Group, Inc. (0001094831) (Issuer)

    7/31/25 4:07:03 PM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    Director Mbanefo Arthur U returned $118,999 worth of shares to the company (12,205 units at $9.75) and sold $177,335 worth of shares (18,151 units at $9.77), decreasing direct ownership by 61% to 19,309 units (SEC Form 4)

    4 - BGC Group, Inc. (0001094831) (Issuer)

    6/12/25 4:18:56 PM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    Director Lutnick Howard W returned $148,391,082 worth of shares to the company (16,115,102 units at $9.21), closing all direct ownership in the company (SEC Form 4)

    4 - BGC Group, Inc. (0001094831) (Issuer)

    5/19/25 9:32:09 AM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    $BGC
    Leadership Updates

    Live Leadership Updates

    View All

    BGC Group announces John Abularrage, JP Aubin, and Sean Windeatt appointed Co-Chief Executive Officers

    Mr. Windeatt will retain his role as Chief Operating Officer Appointments position BGC to build upon its extraordinary performance NEW YORK, Feb. 18, 2025 /PRNewswire/ -- BGC Group, Inc. (NASDAQ:BGC) ("BGC" or "the Company"), a leading global brokerage and financial technology company, today announced the Board of Directors appointed John Abularrage, JP Aubin, and Sean Windeatt as Co-Chief Executive Officers. Mr. Windeatt will retain his position as Chief Operating Officer, a role he has held since 2009. Howard W. Lutnick, who was confirmed today by the United States Senate as

    2/18/25 8:01:00 PM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    BGC Group Set to Join S&P SmallCap 600

    Company repurchased approximately 10 million shares quarter to date NEW YORK, March 4, 2024 /PRNewswire/ -- BGC Group, Inc. (NASD: BGC), a leading global brokerage and financial technology company, today announced it will join the S&P SmallCap 600 index, effective prior to the open of trading on Monday, March 18, 2024. The S&P SmallCap 600 seeks to measure the small-cap segment of the U.S. equity market.  "BGC Group's inclusion in the S&P SmallCap 600 index is a significant milestone for our company," said Howard W. Lutnick, Chairman and CEO of BGC Group. "Following our successful Corporate Conversion, this is another meaningful step in our growth and long-term value creation for our shareho

    3/4/24 8:00:00 AM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    Super Micro Computer and Deckers Outdoor Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

    NEW YORK, March 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed

    3/1/24 6:47:00 PM ET
    $AIT
    $AL
    $APPS
    Industrial Specialties
    Consumer Discretionary
    Diversified Commercial Services
    Multi-Sector Companies

    $BGC
    Financials

    Live finance-specific insights

    View All

    BGC Reports Second Quarter 2025 Financial Results

    BGC Declares Quarterly Dividend of 2 Cents Conference Call to Discuss Results Scheduled for 10:00 AM ET Today BGC Group, Inc. (NASDAQ:BGC) today reported its financial results for the second quarter ended June 30, 2025. A complete financial results press release, including information about today's conference call and BGC's most recent dividend declaration, is available at http://ir.bgcg.com/, along with BGC's earnings presentation and supplemental financial tables. About BGC Group, Inc. BGC Group, Inc. (NASDAQ:BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income, foreign exchange, energy, commoditi

    7/31/25 8:00:00 AM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    BGC Group to Report Second Quarter 2025 Financial Results on July 31, 2025

    Conference call to be hosted at 10:00 a.m. ET BGC Group, Inc. (NASDAQ:BGC) will announce its second quarter 2025 financial results on Thursday, July 31, 2025, at approximately 8:00 a.m. ET. A conference call to review the results will follow at 10:00 a.m. ET. BGC plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results at approximately 8:00 a.m. ET on Thursday, July 31, 2025, which will be accessible at http://ir.bgcg.com. BGC will host a conference call on Thursday, July 31, 2025, at 10:00 a.m. ET for investors. WHO: BGC Group, Inc. (NASDAQ:BGC) WHAT: Second Quarter 2025 financial results con

    7/2/25 4:05:00 PM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    BGC Group Updates its Outlook for the Second Quarter of 2025

    BGC Group, Inc. (NASDAQ:BGC), today announced that it has updated its outlook for the quarter ending June 30, 2025. Updated Outlook BGC expects to be slightly above its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the second quarter of 2025. The Company's outlook was contained in BGC's financial results press release issued on May 7, 2025, which can be found at http://ir.bgcg.com. Non-GAAP Financial Measures The non-GAAP definitions below include references to certain equity-based compensation instruments, such as restricted stock awards and/or restricted stock units ("RSUs"), that the Company has issued and outstanding following its corporate conversio

    6/30/25 4:05:00 PM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    $BGC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13D/A filed by BGC Group Inc.

    SC 13D/A - BGC Group, Inc. (0001094831) (Subject)

    11/21/24 4:34:22 PM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    Amendment: SEC Form SC 13G/A filed by BGC Group Inc.

    SC 13G/A - BGC Group, Inc. (0001094831) (Subject)

    11/13/24 4:30:24 PM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance

    SEC Form SC 13G filed by BGC Group Inc.

    SC 13G - BGC Group, Inc. (0001094831) (Subject)

    3/19/24 4:21:52 PM ET
    $BGC
    Investment Bankers/Brokers/Service
    Finance