Brookfield Business Partners
BBU was delisted on the 30th of March, 2026.
65 hedge funds and large institutions have $1.26B invested in Brookfield Business Partners in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 21 reducing their positions, and 7 closing their positions.
35% more capital invested
Capital invested by funds: $935M → $1.26B (+$326M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
0.04% less ownership
Funds ownership: 81.75% → 81.71% (-0.04%)
2% less funds holding
Funds holding: 66 → 65 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
14% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
+$5.35M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$1.58M |
| 3 |
SRAIM
Scheer Rowlett & Associates Investment Management
Toronto,
Ontario, Canada
|
+$1.51M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$445K |
| 5 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$334K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
-$2.25M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.23M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$1.87M |
| 4 |
FFAM
Forge First Asset Management
Toronto, Ontario,
Canada
|
-$1.43M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$1.37M |
BBU Hedge Fund Activity: Q4 2023 in Review
65 of the 6,864 institutional investors tracked by Wall St. Rank reported a position in Brookfield Business Partners (BBU) for Q4 2023, worth a combined $1.26B — up 35% from $935M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BBU and 6 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 18 added.
The largest buyer was PCJ Investment Counsel, opening a new position worth an estimated $5.35M. The largest seller was TD Waterhouse Canada, cutting an estimated $2.25M.
- 65 institutional investors held Brookfield Business Partners (BBU) as of Q4 2023, down from 66 in Q3 2023.
- Funds reported $1.26B of Brookfield Business Partners stock for Q4 2023, up 35% quarter-over-quarter.
- 6 funds opened new Brookfield Business Partners positions in Q4 2023 and 7 closed out, a net change of -1 holder.
- The largest Brookfield Business Partners buyer in Q4 2023 was PCJ Investment Counsel, an estimated $5.35M added.
- The largest Brookfield Business Partners seller in Q4 2023 was TD Waterhouse Canada, an estimated $2.25M sold.
Based on aggregated 13F filings for Q4 2023.