Brave Warrior Advisors’s Brookfield BN Stock Holding History

Brave Warrior Advisors’s Portfolio BN Stock Details BN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	–	Sell	-7,168,014	Closed	-$99.7M	–	14
2018 Q1	$99.7M	Sell	7,168,014 -3,602,028	-33%	-$52.1M	4.38%	10
2017 Q4	$167M	Sell	10,770,042 -63,588	-0.6%	-$961K	7.13%	8
2017 Q3	$160M	Sell	10,833,630 -2,313,844	-18%	-$32.5M	7.73%	7
2017 Q2	$184M	Sell	13,147,474 -5,454,199	-29%	-$73.4M	8.13%	6
2017 Q1	$242M	Sell	18,601,673 -130,862	-0.7%	-$1.66M	11.55%	3
2016 Q4	$221M	Buy	18,732,535 +416,082	+2%	+$5.07M	10.52%	5
2016 Q3	$230M	Sell	18,316,453 -1,677,054	-8%	-$20.5M	11.12%	3
2016 Q2	$236M	Buy	19,993,507 +259,250	+1%	+$3.1M	13.2%	2
2016 Q1	$241M	Sell	19,734,257 -5,723,008	-22%	-$61.7M	11.76%	4
2015 Q4	$282M	Buy	25,457,265 +1,190,771	+5%	+$14M	11.19%	5
2015 Q3	$268M	Buy	24,266,494 +8,773,725	+57%	+$102M	8.51%	5
2015 Q2	$190M	Buy	+15,492,769	New	+$197M	5.49%	8

Other funds holding BN

PVI

Partners Value Investments Hamilton, Bermuda $9.34B AUM 12.2% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

TD Asset Management Toronto, Ontario, Canada $123B AUM 34.51% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

BGC

Beutel, Goodman & Co Toronto, Ontario, Canada $14.8B AUM 15.12% 1-Year Est. Return

First Manhattan New York $36.1B AUM 11.5% 1-Year Est. Return

CIBC Asset Management Toronto, Ontario, Canada $40.9B AUM 35.96% 1-Year Est. Return

Brave Warrior Advisors's BN Position: Q2 2018 in Review

Brave Warrior Advisors sold out of Brookfield (BN) in Q2 2018, closing a stake of 7,168,014 shares — an estimated $99.7M sold.

Brave Warrior Advisors first reported a position in BN in Q2 2015 and held it in 12 quarters. The position peaked at $282M in Q4 2015. 423 funds tracked by Wall St. Rank hold BN as of Q2 2018.

Brave Warrior Advisors reported no remaining Brookfield position as of Q2 2018 after selling out during the quarter.
Brave Warrior Advisors sold 7,168,014 Brookfield shares in Q2 2018, an estimated $99.7M.
Brave Warrior Advisors first reported a position in Brookfield in Q2 2015 and held it in 12 quarters.
Brave Warrior Advisors's Brookfield position peaked at $282M in Q4 2015.
423 funds tracked by Wall St. Rank held Brookfield as of Q2 2018.

Based on Brave Warrior Advisors's 13F filing for Q2 2018, filed 14 Aug 2018.