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.
霍華德·盧特尼克，坎托爾·菲茨傑拉德的首席執行官，該公司的資產約爲35.3億美金，已被任命爲總統當選人特朗普的過渡團隊聯席主席。盧特尼克將領導美國商務部。
盧特尼克公司的主要持股：根據坎特菲茨傑拉德第三季度的13F申請，該公司的主要持股包括 $SPDR 標普500指數ETF (SPY.US)$ , $英偉達 (NVDA.US)$ , $特斯拉 (TSLA.US)$ , $GCM Grosvenor (GCMG.US)$ ，以及 $Rumble (RUM.US)$ .
在9月份的季度中，盧特尼克的金融服務公司在第三季度購買了約117萬股特斯拉，持有174萬份看跌期權。它將看漲期權的持有量提高了4967%，從7月份結束的季度的152,000股增加到現在的總數。該基金對特斯拉的總曝光價值在第三季度爲80400萬美金。
坎托爾·菲茨傑拉德還將其在英偉達的持倉增加了7015%，與第二季度相比，第三季度總持股達到356萬股。它在第三季度增加了1,268%的英偉達看跌期權，增至546萬股，同時英偉達看漲期權增加了3,213%，增至778,600股。英偉達的總曝光價值爲11.92億美金。
該基金在SPDR標普500 ETF TR上持有123萬份看跌期權和600,000份看漲期權，代表第三季度總價值爲10.5億美金。gcm grosvenor和Rumble在基金總持股中佔比爲2.1%和1.2%，價值分別爲7303萬和4204萬。
爲什麼這很重要：盧特尼克也被認爲是財政部長的熱門人選，與斯科特·貝森特一起。特斯拉首席執行官以及特朗普的政府效率部（DOGE）共同負責人埃隆·馬斯克在社交媒體平台X上發帖呼籲支持盧特尼克，呼籲其他人對這項任命發表看法。
聽到更多人對此發表看法，供@realDonaldTrump考慮反饋，將會很有趣。
就我所知，貝森特是個按部就班的選擇，而@howardlutnick將真正實施變革。
按部就班正在讓美國破產，因此我們需要變革……
— 埃隆·馬斯克(@elonmusk) 2024年11月16日
然而，貝森特被任命爲財政部長。根據博彩市場的預測，貝森特是前線候選人，獲得82%的提名概率。
第三季度 13F報告提交 來自Bessent的Key Square Group基金的數據顯示，他們在9月季度已經清算了所有持股。
在第二季度，基金的投資組合高度集中，等量投資於兩個專注於銀行的etf： $區域銀行指數ETF-SPDR KBW (KRE.US)$和$銀行指數ETF-SPDR KBW (KBE.US)$ 每個佔基金的50%。
