Howard Lutnick, chief executive officer of Cantor Fitzgerald – which has about $3.53 billion in holdings – has been named as the co-chair of President-elect Donald Trump's transition team. Lutnick will lead the U.S. Department of Commerce.
Top Holdings Of Lutnick's Firm: According to Cantor Fitzgerald's third-quarter 13F filings, top holdings of the firm include $SPDR S&P 500 ETF (SPY.US)$ , $NVIDIA (NVDA.US)$ , $Tesla (TSLA.US)$ , $GCM Grosvenor (GCMG.US)$ , and $Rumble (RUM.US)$ .
In the September quarter, Lutnick's financial services firm purchased about 1.17 million shares of Tesla with 1.74 million put options in Q3. It bumped up its call options by 4,967% to 152,000 shares from the quarter-ended in July. The total value of the fund's exposure to Tesla stood at $804 million in Q3.
Cantor Fitzgerald also increased its position in Nvidia by 7,015%, compared to the second quarter, with a total holding of 3.56 million shares in Q3. It increased Nvidia puts in Q3 by 1,268% to 5.46 million shares and Nvidia call options by 3,213% to 778,600 shares. The total exposure to Nvidia in value terms stood at $1.192 billion.
The fund had 1.23 million of put options and 600,000 call options on SPDR S&P 500 ETF TR representing a total value of $1.05 billion in Q3. GCM Grosvenor and Rumble reflected 2.1% and 1.2% of the fund's total holdings, valued at $73.03 million and $42.04 million, respectively.
Why It Matters: Lutnick was also considered as a top pick for the Secretary of Treasury along with Scott Bessent. Tesla CEO and Trump's Department of Government Efficiency (DOGE) co-lead Elon Musk rallied for Lutnick in a post on his social media platform, X, calling on others to weigh in on the appointment.
Would be interesting to hear more people weigh in on this for @realDonaldTrump to consider feedback.
My view fwiw is that Bessent is a business-as-usual choice, whereas @howardlutnick will actually enact change.
Business-as-usual is driving America bankrupt, so we need change...
— Elon Musk (@elonmusk) November 16, 2024
However, Bessent was appointed the Treasury Secretary. According to betting markets, Bessent was a frontrunner with an 82% probability of securing the nomination.
The third-quarter 13F filing from Bessent's Key Square Group fund shows that they have liquidated all their holding in the September quarter.
In the second quarter, the fund had a highly concentrated portfolio, with equal investments in two banking-focused ETFs: the $Spdr Series Trust S&P Regional Bkg Etf (KRE.US)$ and the $Spdr S&P Bank Etf (KBE.US)$ , each making up 50% of the fund.
霍华德·卢特尼克，坎托尔·菲茨杰拉德的首席执行官，该公司的资产约为35.3亿美金，已被任命为总统当选人特朗普的过渡团队联席主席。卢特尼克将领导美国商务部。
卢特尼克公司的主要持股：根据坎特菲茨杰拉德第三季度的13F申请，该公司的主要持股包括 $SPDR 标普500指数ETF (SPY.US)$ , $英伟达 (NVDA.US)$ , $特斯拉 (TSLA.US)$ , $GCM Grosvenor (GCMG.US)$ ，以及 $Rumble (RUM.US)$ .
在9月份的季度中，卢特尼克的金融服务公司在第三季度购买了约117万股特斯拉，持有174万份看跌期权。它将看涨期权的持有量提高了4967%，从7月份结束的季度的152,000股增加到现在的总数。该基金对特斯拉的总曝光价值在第三季度为80400万美金。
坎托尔·菲茨杰拉德还将其在英伟达的持仓增加了7015%，与第二季度相比，第三季度总持股达到356万股。它在第三季度增加了1,268%的英伟达看跌期权，增至546万股，同时英伟达看涨期权增加了3,213%，增至778,600股。英伟达的总曝光价值为11.92亿美金。
该基金在SPDR标普500 ETF TR上持有123万份看跌期权和600,000份看涨期权，代表第三季度总价值为10.5亿美金。gcm grosvenor和Rumble在基金总持股中占比为2.1%和1.2%，价值分别为7303万和4204万。
为什么这很重要：卢特尼克也被认为是财政部长的热门人选，与斯科特·贝森特一起。特斯拉首席执行官以及特朗普的政府效率部（DOGE）共同负责人埃隆·马斯克在社交媒体平台X上发帖呼吁支持卢特尼克，呼吁其他人对这项任命发表看法。
听到更多人对此发表看法，供@realDonaldTrump考虑反馈，将会很有趣。
就我所知，贝森特是个按部就班的选择，而@howardlutnick将真正实施变革。
按部就班正在让美国破产，因此我们需要变革……
— 埃隆·马斯克(@elonmusk) 2024年11月16日
然而，贝森特被任命为财政部长。根据博彩市场的预测，贝森特是前线候选人，获得82%的提名概率。
第三季度 13F报告提交 来自Bessent的Key Square Group基金的数据显示，他们在九月季度已全部清算持股。
在第二季度，基金的投资组合高度集中，等量投资于两个专注于银行的etf： $区域银行指数ETF-SPDR KBW (KRE.US)$和$银行指数ETF-SPDR KBW (KBE.US)$ 每个占基金的50%。
