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BBUC

Brookfield Business Corp Class A Subordinate Voting Shares

92 hedge funds and large institutions have $1.2B invested in Brookfield Business Corp Class A Subordinate Voting Shares in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 30 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 5

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

8% more funds holding

Funds holding: 8592 (+7)

7% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 30

0.61% more ownership

Funds ownership: 89.95%90.56% (+0.61%)

4% less capital invested

Capital invested by funds: $1.24B → $1.2B (-$46.1M)

Holders
92
Holders Change
+7
Holders Change %
+8.24%
% of All Funds
1.46%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
12
Increased
32
Reduced
30
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BL
51
BFSG LLC
California
$182K +$194K +10,085 New
National Bank of Canada
52
National Bank of Canada
Quebec, Canada
$150K -$23.8K -1,239 -13%
California State Teachers Retirement System (CalSTRS)
53
California State Teachers Retirement System (CalSTRS)
California
$104K -$55.9K -2,912 -34%
Wells Fargo
54
Wells Fargo
California
$99.4K -$150K -7,832 -59%
FDCDDQ
55
Federation des caisses Desjardins du Quebec
Quebec, Canada
$87.1K -$1.07K -56 -1%
CCP
56
Carmel Capital Partners
California
$77.6K
AB
57
Amalgamated Bank
New York
$72K
WT
58
Whittier Trust
California
$67.8K +$72K +3,750 +375,000%
SWM
59
Spire Wealth Management
Virginia
$57.8K +$11.1K +578 +22%
Zurich Cantonal Bank
60
Zurich Cantonal Bank
Switzerland
$52.6K
AIP
61
Ameritas Investment Partners
Nebraska
$46.4K +$11.8K +616 +32%
Osaic Holdings
62
Osaic Holdings
Arizona
$44.1K -$1.31K -68 -3%
Toronto Dominion Bank
63
Toronto Dominion Bank
Ontario, Canada
$36.8K -$33.7K -1,755 -46%
JPWM
64
Jamison Private Wealth Management
Georgia
$36.7K +$38.9K +2,028 New
SAM
65
Shell Asset Management
Netherlands
$36K +$7.11K +370 +23%
First Manhattan
66
First Manhattan
New York
$34.1K -$2.32K -121 -6%
SPIA
67
Steward Partners Investment Advisory
New York
$31.6K
MLICM
68
Metropolitan Life Insurance Company (MetLife)
New York
$29.8K
TRCT
69
Tower Research Capital (TRC)
New York
$19.8K -$48K -2,502 -70%
NS
70
NBC Securities
Alabama
$17K +$18.9K +982 New
S
71
SignatureFD
Georgia
$16.5K -$4.59K -239 -21%
PP
72
Pacifica Partners
Canada
$15.1K
CQS
73
Credential Qtrade Securities
$13.7K +$14.6K +758 New
Nisa Investment Advisors
74
Nisa Investment Advisors
Missouri
$10.8K +$192 +10 +2%
Federated Hermes
75
Federated Hermes
Pennsylvania
$7.3K +$173 +9 +2%

BBUC Hedge Fund Activity: Q3 2023 in Review

92 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) for Q3 2023, worth a combined $1.2B — down 3.7% from $1.24B a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new BBUC positions and 5 closed out — a net gain of 7 holders — while 32 added to existing stakes and 30 trimmed.

The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), opening a new position worth an estimated $15.5M. The largest seller was Brookfield Corp, cutting an estimated $14.4M.

  • 92 institutional investors held Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) as of Q3 2023, up from 85 in Q2 2023.
  • Funds reported $1.2B of Brookfield Business Corp Class A Subordinate Voting Shares stock for Q3 2023, down 3.7% quarter-over-quarter.
  • 12 funds opened new Brookfield Business Corp Class A Subordinate Voting Shares positions in Q3 2023 and 5 closed out, a net change of +7 holders.
  • The largest Brookfield Business Corp Class A Subordinate Voting Shares buyer in Q3 2023 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $15.5M added.
  • The largest Brookfield Business Corp Class A Subordinate Voting Shares seller in Q3 2023 was Brookfield Corp, an estimated $14.4M sold.

Based on aggregated 13F filings for Q3 2023.