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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
Fidelity Investments
76
Fidelity Investments
Massachusetts
$6.25K -$3.82K -199 -36%
NSIM
77
North Star Investment Management
Illinois
$5.79K +$1.15K +60 +23%
PNC Financial Services Group
78
PNC Financial Services Group
Pennsylvania
$3.87K +$2.19K +114 +114%
Carson Wealth (CWM LLC)
79
Carson Wealth (CWM LLC)
Nebraska
$3K +$2.32K +121 +336%
PGAM
80
Princeton Global Asset Management
New Jersey
$2.93K
Citigroup
81
Citigroup
New York
$2.8K -$150K -7,806 -98%
C
82
Covestor
United Kingdom
$2K +$1.67K +87 +1,243%
US Bancorp
83
US Bancorp
Minnesota
$1.5K
QCG
84
Quadrant Capital Group
Ohio
$489 -$5.22K -272 -91%
FP
85
Financial Perspectives
Minnesota
$362
HI
86
Harbour Investments
Wisconsin
$307
RG
87
Retirement Group
California
$307
IRAG
88
Investment Research & Advisory Group
Georgia
$271
RF
89
Robinswood Financial
Washington
$36
FGA
90
Fortis Group Advisors
New Jersey
$36 +$38 +2 New
KFS
91
Kelly Financial Services
Massachusetts
$18
MBI
92
Montrusco Bolton Investments
Quebec, Canada
-$543K -28,764 Closed
SC
93
Scotia Capital
Ontario, Canada
-$223K -11,883 Closed
Allspring Global Investments
94
Allspring Global Investments
North Carolina
-$1.21K -64 Closed
LC
95
Lindbrook Capital
California
-$269 -14 Closed
RI
96
Ridgewood Investments
New Jersey
-$23 -1 Closed
BFP
97
Briaud Financial Planning
Texas
+$192 +10 New

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.