Cantor Fitzgerald (GCMG) group discloses 10.3% Grosvenor Inc. ownership

Rhea-AI Filing Summary

Grosvenor Inc. has a new large shareholder disclosure, with several Cantor Fitzgerald–related entities reporting significant holdings of Class A common stock. Cantor Fitzgerald, L.P., CF Group Management, Inc., and Brandon G. Lutnick each report beneficial ownership of 6,451,535 shares, representing 10.3% of the class as of 12/31/2025. CF Finance Holdings, LLC reports 2,951,535 shares, or 4.7%, and CF Investor, LLC reports 3,500,000 shares, or 5.6%. All reporting persons have shared, and no sole, voting and dispositive power over their respective positions, and they certify the shares are not held to change or influence control of Grosvenor Inc.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

GCM Grosvenor Inc.

(Name of Issuer)

Class A Common Stock, par value $0.0001 per share

(Title of Class of Securities)

36831E108

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

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

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 36831E108

1

Names of Reporting Persons

CF Finance Holdings, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

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 0.00
6	Shared Voting Power 2,951,535.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,951,535.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,951,535.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.7 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 36831E108

1

Names of Reporting Persons

CF GCM Investor, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

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 0.00
6	Shared Voting Power 3,500,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,500,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,500,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.6 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 36831E108

1

Names of Reporting Persons

Cantor Fitzgerald, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

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 0.00
6	Shared Voting Power 6,451,535.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,451,535.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,451,535.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.3 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 36831E108

1

Names of Reporting Persons

CF Group Management, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 6,451,535.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,451,535.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,451,535.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.3 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP No. 36831E108

1

Names of Reporting Persons

Brandon G. Lutnick

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

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 0.00
6	Shared Voting Power 6,451,535.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,451,535.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,451,535.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.3 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: GCM Grosvenor Inc.
(b)	Address of issuer's principal executive offices: 900 North Michigan Avenue Suite 1100 Chicago, IL 60611
Item 2.
(a)	Name of person filing: CF Finance Holdings LLC ("Holdings"), CF GCM Investor, LLC ("Investor"), Cantor Fitzgerald, L.P. ("CFLP"), CF Group Management, Inc. ("CFGM"), and Brandon G. Lutnick (collectively, the "Reporting Persons").
(b)	Address or principal business office or, if none, residence: c/o 110 East 59th Street New York, New York 10022
(c)	Citizenship: Each of Holdings and Investor is a Delaware limited liability company, CFLP is a Delaware limited partnership, CFGM is a New York corporation and Brandon G. Lutnick is a citizen of the United States.
(d)	Title of class of securities: Class A Common Stock, par value $0.0001 per share
(e)	CUSIP No.: 36831E108
Item 4.	Ownership
(a)	Amount beneficially owned: Holdings: 2,951,535 Investor: 3,500,000 CFLP/CFGM/Mr. Brandon G. Lutnick: 6,451,535
(b)	Percent of class: Holdings: 4.7% Investor: 5.6% CFLP/CFGM/Mr. Brandon G. Lutnick: 10.3%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: Holdings: 2,951,535 Investor: 3,500,000 CFLP/CFGM/Mr. Brandon G. Lutnick: 6,451,535
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: Holdings: 2,951,535 Investor: 3,500,000 CFLP/CFGM/Mr. Brandon G. Lutnick: 6,451,535
Item 6.	Ownership of more than 5 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 or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my 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, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

CF Finance Holdings, LLC

Signature:	/s/ Brandon G. Lutnick
Name/Title:	Brandon G. Lutnick / Chief Executive Officer
Date:	02/17/2025

CF GCM Investor, LLC

Signature:	/s/ Brandon G. Lutnick
Name/Title:	Brandon G. Lutnick / Chief Executive Officer
Date:	02/17/2025

Cantor Fitzgerald, L.P.

Signature:	/s/ Brandon G. Lutnick
Name/Title:	Brandon G. Lutnick / Chief Executive Officer
Date:	10/06/2025

CF Group Management, Inc.

Signature:	/s/ Brandon G. Lutnick
Name/Title:	Brandon G. Lutnick / Chief Executive Officer
Date:	02/17/2025

Brandon G. Lutnick

Signature:	/s/ Brandon G. Lutnick
Name/Title:	Brandon G. Lutnick
Date:	02/17/2025

FAQ

What stake does Cantor Fitzgerald report in Grosvenor Inc. (GCMG)?

Cantor Fitzgerald, L.P. reports beneficial ownership of 6,451,535 Class A shares of Grosvenor Inc., equal to 10.3% of the class as of 12/31/2025. CF Group Management, Inc. and Brandon G. Lutnick report the same share count and percentage.

How many Grosvenor Inc. shares does CF Finance Holdings, LLC own?

CF Finance Holdings, LLC reports beneficial ownership of 2,951,535 Class A shares of Grosvenor Inc., representing 4.7% of the outstanding class as of 12/31/2025. It has shared voting and dispositive power over all of these shares and no sole authority.

What is CF Investor, LLC’s ownership percentage in Grosvenor Inc. (GCMG)?

CF Investor, LLC reports beneficial ownership of 3,500,000 Class A shares of Grosvenor Inc., which equals 5.6% of the class as of 12/31/2025. CF Investor, LLC holds shared voting and shared dispositive power over all reported shares, with no sole control.

Do the reporting persons seek to influence control of Grosvenor Inc.?

The reporting persons certify that the securities were not acquired and are not held for the purpose of changing or influencing control of Grosvenor Inc. They also state the holdings are not part of any transaction aimed at such a control purpose, subject to limited nomination activities.

What type of ownership power do the reporting persons have over GCMG shares?

Each reporting person discloses zero sole voting or dispositive power over Grosvenor Inc. shares. All reported shares are held with shared voting and shared dispositive power, meaning decisions regarding voting and sale are made jointly rather than individually by one holder.

Who are the main reporting entities related to Grosvenor Inc.’s large shareholdings?

The filing lists CF Finance Holdings, LLC, CF Investor, LLC, Cantor Fitzgerald, L.P., CF Group Management, Inc., and Brandon G. Lutnick as reporting persons. These entities and Mr. Lutnick together disclose sizeable beneficial ownership positions in Grosvenor Inc. Class A stock.