Shell Asset Management’s Brookfield BN Stock Holding History

Shell Asset Management’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
2025 Q3	–	Sell	-79,994	Closed	-$3.29M	–	1165
2025 Q2	$3.29M	Sell	79,994 -1,693	-2%	-$62.7K	0.11%	185
2025 Q1	$2.85M	Sell	81,687 -3,368	-4%	-$127K	0.14%	153
2024 Q4	$3.26M	Hold	85,055	–	–	0.14%	136
2024 Q3	$3.02M	Buy	+85,055	New	+$2.68M	0.13%	148
2024 Q1	$2.4M	Sell	86,747 -9,085	-9%	-$245K	0.11%	163
2023 Q4	$2.58M	Sell	95,832 -24,464	-20%	-$555K	0.12%	178
2023 Q3	$2.52M	Buy	120,296 +866	+0.7%	+$19.5K	0.1%	199
2023 Q2	$2.68M	Sell	119,430 -34,697	-23%	-$735K	0.11%	198
2023 Q1	$3.34M	Sell	154,127 -1,650	-1%	-$37.2K	0.14%	155
2022 Q4	$3.26M	Sell	155,777 -73,195	-32%	-$1.64M	0.14%	155
2022 Q3	$5.08M	Sell	228,972 -64,720	-22%	-$1.68M	0.2%	106
2022 Q2	$7.03M	Sell	293,692 -13,601	-4%	-$363K	0.21%	97
2022 Q1	$9.37M	Sell	307,293 -38,511	-11%	-$1.15M	0.22%	86
2021 Q4	$11.3M	Buy	345,804 +29,573	+9%	+$935K	0.23%	86
2021 Q3	$9.13M	Buy	316,231 +17,388	+6%	+$508K	0.21%	108
2021 Q2	$8.22M	Buy	298,843 +74,819	+33%	+$1.92M	0.16%	144
2021 Q1	$5.33M	Buy	224,024 +128,587	+135%	+$2.87M	0.11%	216
2020 Q4	$2.11M	Sell	95,437 -4,968	-5%	-$99.4K	0.04%	375
2020 Q3	$1.77M	Buy	100,405 +6,353	+7%	+$114K	0.04%	363
2020 Q2	$1.65M	Sell	94,052 -60,917	-39%	-$1.07M	0.04%	351
2020 Q1	$2.42M	Sell	154,969 -2,522	-2%	-$51.9K	0.07%	277
2019 Q4	$3.25M	Sell	157,491 -12,052	-7%	-$240K	0.07%	300
2019 Q3	$3.21M	Sell	169,543 -5,045	-3%	-$91.4K	0.07%	280
2019 Q2	$2.99M	Sell	174,588 -7,909	-4%	-$134K	0.07%	289
2019 Q1	$3.04M	Buy	182,497 +2,522	+1%	+$39.3K	0.07%	290
2018 Q4	$2.46M	Sell	179,975 -34,193	-16%	-$510K	0.06%	294
2018 Q3	$3.4M	Sell	214,168 -4,765	-2%	-$72.4K	0.07%	291
2018 Q2	$3.17M	Buy	218,933 +14,575	+7%	+$208K	0.06%	316
2018 Q1	$2.84M	Buy	204,358 +560	+0.3%	+$8.11K	0.06%	332
2017 Q4	$3.18M	Sell	203,798 -48,496	-19%	-$733K	0.06%	307
2017 Q3	$4.64M	Sell	252,294 -2,242	-0.9%	-$31.4K	0.1%	225
2017 Q2	$4.62M	Hold	254,536	–	–	0.1%	230
2017 Q1	$4.4M	Sell	254,536 -3,489	-1%	-$44.2K	0.1%	229
2016 Q4	$4.08M	Sell	258,025 -561	-0.2%	-$6.84K	0.1%	230
2016 Q3	$4.26M	Sell	258,586 -26,984	-9%	-$330K	0.09%	254
2016 Q2	$4.36M	Sell	285,570 -2,576	-0.9%	-$30.8K	0.1%	228
2016 Q1	$4.57M	Sell	288,146 -13,746	-5%	-$148K	0.11%	196
2015 Q4	$4.63M	Sell	301,892 -146,291	-33%	-$1.72M	0.11%	179
2015 Q3	$7.91M	Buy	448,183 +26,246	+6%	+$306K	0.13%	164
2015 Q2	$6.46M	Sell	421,937 -71,628	-15%	-$912K	0.13%	173
2015 Q1	$7.84M	Sell	493,565 -62,789	-11%	-$778K	0.14%	164
2014 Q4	$7.58M	Sell	556,354 -115,920	-17%	-$1.3M	0.12%	188
2014 Q3	$7.91M	Sell	672,274 -5,980	-0.9%	-$64.4K	0.12%	170
2014 Q2	$7.46M	Sell	678,254 -63,537	-9%	-$636K	0.12%	175
2014 Q1	$7.82M	Buy	741,791 +200,699	+37%	+$1.83M	0.13%	167
2013 Q4	$5.22M	Sell	541,092 -79,772	-13%	-$726K	0.09%	210
2013 Q3	$5.6M	Sell	620,864 -20,930	-3%	-$179K	0.1%	216
2013 Q2	$5.68M	Buy	+641,794	New	+$5.5M	0.11%	208

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

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

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

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

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

PSCM

Pershing Square Capital Management New York $13.7B AUM 13.45% 1-Year Est. Return

Brookfield Corp Toronto, Ontario, Canada $74.2B AUM 0.68% 1-Year Est. Return

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

National Bank of Canada Montreal, Quebec, Canada $112B AUM 31.26% 1-Year Est. Return

Shell Asset Management's BN Position: Q3 2025 in Review

Shell Asset Management sold out of Brookfield (BN) in Q3 2025, closing a stake of 79,994 shares — an estimated $3.29M sold.

Shell Asset Management first reported a position in BN in Q2 2013 and held it in 48 quarters. The position peaked at $11.3M in Q4 2021. 880 funds tracked by Wall St. Rank hold BN as of Q3 2025.

Shell Asset Management reported no remaining Brookfield position as of Q3 2025 after selling out during the quarter.
Shell Asset Management sold 79,994 Brookfield shares in Q3 2025, an estimated $3.29M.
Shell Asset Management first reported a position in Brookfield in Q2 2013 and held it in 48 quarters.
Shell Asset Management's Brookfield position peaked at $11.3M in Q4 2021.
880 funds tracked by Wall St. Rank held Brookfield as of Q3 2025.

Based on Shell Asset Management's 13F filing for Q3 2025, filed 7 Nov 2025.