Brookfield Business Partners
BBU was delisted on the 30th of March, 2026.
54 hedge funds and large institutions have $1.12B invested in Brookfield Business Partners in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 5 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more capital invested
Capital invested by funds: $1.01B → $1.12B (+$107M)
0.67% more ownership
Funds ownership: 79.47% → 80.14% (+0.67%)
5% less funds holding
Funds holding: 57 → 54 (-3)
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$18.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.7M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$856K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$546K |
| 5 |
FFAM
Forge First Asset Management
Toronto, Ontario,
Canada
|
+$479K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$5.86M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$4.98M |
| 3 |
Morgan Stanley
New York
|
-$2.17M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$1.56M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$1.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KFS
51
Kelly Financial Services
Braintree,
Massachusetts
| $38 | – | – | – |
|
|
WT
52
Whittier Trust
South Pasadena,
California
| $37 | – | – | – |
|
53
Fidelity Investments
Boston,
Massachusetts
| $18 | -$18 | -1 | -50% |
|
|
WCA
54
Waratah Capital Advisors
Toronto,
Ontario, Canada
| – | -$845K | -49,969 | Closed |
|
55
Renaissance Technologies
New York
| – | -$278K | -16,431 | Closed |
|
56
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$194K | -11,416 | Closed |
|
|
ACP
57
Arcus Capital Partners
Atlanta,
Georgia
| – | -$441 | -26 | Closed |
|
58
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$153 | -9 | Closed |
|
BBU Hedge Fund Activity: Q1 2023 in Review
54 of the 6,278 institutional investors tracked by Wall St. Rank reported a position in Brookfield Business Partners (BBU) for Q1 2023, worth a combined $1.12B — up 11% from $1.01B a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BBU and 2 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 15 added.
The largest buyer was Brookfield Corp, adding an estimated $18.6M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $5.86M.
- 54 institutional investors held Brookfield Business Partners (BBU) as of Q1 2023, down from 57 in Q4 2022.
- Funds reported $1.12B of Brookfield Business Partners stock for Q1 2023, up 11% quarter-over-quarter.
- 2 funds opened new Brookfield Business Partners positions in Q1 2023 and 5 closed out, a net change of -3 holders.
- The largest Brookfield Business Partners buyer in Q1 2023 was Brookfield Corp, an estimated $18.6M added.
- The largest Brookfield Business Partners seller in Q1 2023 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $5.86M sold.
Based on aggregated 13F filings for Q1 2023.