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BBUC

Brookfield Business Corp Class A Subordinate Voting Shares
BBUC

135 hedge funds and large institutions have $2.3B invested in Brookfield Business Corp Class A Subordinate Voting Shares in 2025 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 37 increasing their positions, 44 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 9

9% more capital invested

Capital invested by funds: $2.12B → $2.3B (+$180M)

5% more funds holding

Funds holding: 128 → 135 (+7)

2.09% more ownership

Funds ownership: 90.22% → 92.31% (+2.1%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

16% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 44

96% less call options, than puts

Call options by funds: $7K | Put options by funds: $181K

Holders
135
Holders Change
+7
Holders Change %
+5.47%
% of All Funds
1.64%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
18
Increased
37
Reduced
44
Closed
9
Calls
$7K
Puts
$181K
Net Calls
-$174K
Net Calls Change
-$197K

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$44.2M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$9.07M
3
Millennium Management
Millennium Management
New York
+$7.97M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$3.44M
5
HF
HRT Financial
New York
+$2.06M

Top Sellers

Rank Fund Capital Flow
1
CI Investments Inc
CI Investments Inc
Ontario, Canada
-$18M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$11.2M
3
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$2.86M
4
Two Sigma Investments
Two Sigma Investments
New York
-$1.94M
5
Bank of Montreal
Bank of Montreal
Ontario, Canada
-$1.51M
Name Holding Trade Value Shares
Change 		Change in
Stake
N
26
Nuveen
North Carolina
$2.86M – – –
HF
27
HRT Financial
New York
$2.66M +$2.06M +58,891 +384%
Barclays
28
Barclays
United Kingdom
$2.35M +$307K +8,760 +15%
TCM
29
Tandem Capital Management
New Jersey
$1.98M – – –
Bank of New York Mellon
30
Bank of New York Mellon
New York
$1.95M -$104K -2,956 -5%
Swiss National Bank
31
Swiss National Bank
Switzerland
$1.74M -$228K -6,500 -12%
Los Angeles Capital Management
32
Los Angeles Capital Management
California
$1.66M +$1.62M +46,372 New
TD Asset Management
33
TD Asset Management
Ontario, Canada
$1.56M +$173K +4,952 +13%
Marshall Wace
34
Marshall Wace
United Kingdom
$1.4M +$1.37M +39,062 New
Connor, Clark & Lunn Investment Management (CC&L)
35
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.34M -$259K -7,400 -17%
RhumbLine Advisers
36
RhumbLine Advisers
Massachusetts
$1.25M -$157K -4,495 -11%
HSBC Holdings
37
HSBC Holdings
United Kingdom
$1.21M +$504K +14,393 +74%
UBS Group
38
UBS Group
Switzerland
$1.08M +$719K +20,543 +215%
AllianceBernstein
39
AllianceBernstein
Tennessee
$1.07M -$46.9K -1,340 -4%
Two Sigma Investments
40
Two Sigma Investments
New York
$987K -$1.94M -55,488 -67%
Bank of America
41
Bank of America
North Carolina
$983K -$875K -24,989 -48%
Wells Fargo
42
Wells Fargo
California
$949K +$326K +9,297 +54%
Mackenzie Financial
43
Mackenzie Financial
Ontario, Canada
$931K +$369K +10,536 +68%
Legal & General Group
44
Legal & General Group
United Kingdom
$890K -$237K -6,780 -21%
AQR Capital Management
45
AQR Capital Management
Connecticut
$831K +$226K +6,439 +38%
QCM
46
Quantinno Capital Management
New York
$799K +$258K +7,370 +50%
Deutsche Bank
47
Deutsche Bank
Germany
$696K -$230K -6,579 -25%
PFSRSONJ
48
Police & Firemen's Retirement System of New Jersey
New Jersey
$580K -$34.7K -992 -6%
CIBC Asset Management
49
CIBC Asset Management
Ontario, Canada
$571K -$49.8K -1,423 -8%
T. Rowe Price Associates
50
T. Rowe Price Associates
Maryland
$488K +$34.8K +993 +8%
1
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BBUC Hedge Fund Activity: Q4 2025 in Review

135 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) for Q4 2025, worth a combined $2.3B — up 8.5% from $2.12B a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new BBUC positions and 9 closed out — a net gain of 9 holders — while 37 added to existing stakes and 44 trimmed.

The largest buyer was BlackRock, adding an estimated $44.2M. The largest seller was CI Investments Inc, cutting an estimated $18M.

  • 135 institutional investors held Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) as of Q4 2025, up from 128 in Q3 2025.
  • Funds reported $2.3B of Brookfield Business Corp Class A Subordinate Voting Shares stock for Q4 2025, up 8.5% quarter-over-quarter.
  • 18 funds opened new Brookfield Business Corp Class A Subordinate Voting Shares positions in Q4 2025 and 9 closed out, a net change of +9 holders.
  • The largest Brookfield Business Corp Class A Subordinate Voting Shares buyer in Q4 2025 was BlackRock, an estimated $44.2M added.
  • The largest Brookfield Business Corp Class A Subordinate Voting Shares seller in Q4 2025 was CI Investments Inc, an estimated $18M sold.

Based on aggregated 13F filings for Q4 2025.