Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
110 hedge funds and large institutions have $1.59B invested in Brookfield Business Corp Class A Subordinate Voting Shares in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 26 increasing their positions, 40 reducing their positions, and 6 closing their positions.
286% more call options, than puts
Call options by funds: $27K | Put options by funds: $7K
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
8% more funds holding
Funds holding: 102 → 110 (+8)
4% more capital invested
Capital invested by funds: $1.53B → $1.59B (+$53.8M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.11% less ownership
Funds ownership: 90.01% → 89.9% (-0.11%)
35% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$3.33M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.92M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$1.08M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$703K |
| 5 |
JP Morgan Chase
New York
|
+$660K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.88M |
| 2 |
Morgan Stanley
New York
|
-$2M |
| 3 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
-$1.33M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.28M |
| 5 |
BlackRock
New York
|
-$1.04M |
BBUC Hedge Fund Activity: Q1 2024 in Review
110 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) for Q1 2024, worth a combined $1.59B — up 3.5% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BBUC positions and 6 closed out — a net gain of 8 holders — while 26 added to existing stakes and 40 trimmed.
The largest buyer was CIBC Asset Management, adding an estimated $3.33M. The largest seller was Bank of Montreal, cutting an estimated $2.88M.
- 110 institutional investors held Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) as of Q1 2024, up from 102 in Q4 2023.
- Funds reported $1.59B of Brookfield Business Corp Class A Subordinate Voting Shares stock for Q1 2024, up 3.5% quarter-over-quarter.
- 14 funds opened new Brookfield Business Corp Class A Subordinate Voting Shares positions in Q1 2024 and 6 closed out, a net change of +8 holders.
- The largest Brookfield Business Corp Class A Subordinate Voting Shares buyer in Q1 2024 was CIBC Asset Management, an estimated $3.33M added.
- The largest Brookfield Business Corp Class A Subordinate Voting Shares seller in Q1 2024 was Bank of Montreal, an estimated $2.88M sold.
Based on aggregated 13F filings for Q1 2024.