CME Group Inc. sees major institutional investment activity

CME Group Inc. has seen significant activity from institutional investors and company directors according to recent SEC filings.

During the second quarter, several firms established or increased their positions in the financial services provider. Bowie Capital Management LLC acquired 104,114 shares valued at approximately $22.99 million, while Westpac Banking Corp purchased 14,330 shares worth about $3.16 million. Vise Technologies Inc. also invested $2.61 million by purchasing 11,824 shares. Other notable moves include Portfolio Design Labs LLC acquiring 4,501 shares and Bridgewater Advisors Inc. taking a new stake valued at $612,000.

In terms of insider activity, Director William R. Shepard purchased 325 shares on June 25 at an average price of $230.57 per share. Following this transaction, Shepard holds 260,442 shares in the company. Institutional investors and hedge funds currently own approximately 87.75% of CME Group stock.