Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
85 hedge funds and large institutions have $1.24B invested in Brookfield Business Corp Class A Subordinate Voting Shares in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 31 increasing their positions, 21 reducing their positions, and 6 closing their positions.
235% more capital invested
Capital invested by funds: $371M → $1.24B (+$873M)
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
64.54% more ownership
Funds ownership: 25.41% → 89.95% (+65%)
48% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 21
10% more funds holding
Funds holding: 77 → 85 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$945M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
+$3.42M |
| 3 |
BlackRock
New York
|
+$1.16M |
| 4 |
Swiss National Bank
Zurich,
Switzerland
|
+$1.13M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$920K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$3.18M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.08M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.22M |
| 4 |
Morgan Stanley
New York
|
-$1.44M |
| 5 |
Millennium Management
New York
|
-$1.09M |
BBUC Hedge Fund Activity: Q2 2023 in Review
85 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) for Q2 2023, worth a combined $1.24B — up 235% from $371M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BBUC positions and 6 closed out — a net gain of 8 holders — while 31 added to existing stakes and 21 trimmed.
The largest buyer was Brookfield Corp, adding an estimated $945M. The largest seller was CIBC Asset Management, cutting an estimated $3.18M.
- 85 institutional investors held Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) as of Q2 2023, up from 77 in Q1 2023.
- Funds reported $1.24B of Brookfield Business Corp Class A Subordinate Voting Shares stock for Q2 2023, up 235% quarter-over-quarter.
- 14 funds opened new Brookfield Business Corp Class A Subordinate Voting Shares positions in Q2 2023 and 6 closed out, a net change of +8 holders.
- The largest Brookfield Business Corp Class A Subordinate Voting Shares buyer in Q2 2023 was Brookfield Corp, an estimated $945M added.
- The largest Brookfield Business Corp Class A Subordinate Voting Shares seller in Q2 2023 was CIBC Asset Management, an estimated $3.18M sold.
Based on aggregated 13F filings for Q2 2023.