Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
101 hedge funds and large institutions have $1.34B invested in Brookfield Business Corp Class A Subordinate Voting Shares in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 30 reducing their positions, and 16 closing their positions.
75% more call options, than puts
Call options by funds: $14K | Put options by funds: $8K
17% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 30
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.04% less ownership
Funds ownership: 89.9% → 89.87% (-0.04%)
8% less funds holding
Funds holding: 110 → 101 (-9)
15% less capital invested
Capital invested by funds: $1.59B → $1.34B (-$242M)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.96M |
| 2 |
Jane Street
New York
|
+$1.15M |
| 3 |
Goldman Sachs
New York
|
+$1.01M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$897K |
| 5 |
UBS AM
Chicago,
Illinois
|
+$880K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$3.66M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$2.51M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$1.2M |
| 4 |
TIM
Timelo Investment Management
Aurora,
Ontario, Canada
|
-$1.03M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$738K |
BBUC Hedge Fund Activity: Q2 2024 in Review
101 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) for Q2 2024, worth a combined $1.34B — down 15% from $1.59B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BBUC and 11 opened new positions — a net loss of 5 holders — while 30 trimmed existing stakes and 35 added.
The largest buyer was BlackRock, adding an estimated $4.96M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), exiting entirely with an estimated $3.66M sold.
- 101 institutional investors held Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) as of Q2 2024, down from 110 in Q1 2024.
- Funds reported $1.34B of Brookfield Business Corp Class A Subordinate Voting Shares stock for Q2 2024, down 15% quarter-over-quarter.
- 11 funds opened new Brookfield Business Corp Class A Subordinate Voting Shares positions in Q2 2024 and 16 closed out, a net change of -5 holders.
- The largest Brookfield Business Corp Class A Subordinate Voting Shares buyer in Q2 2024 was BlackRock, an estimated $4.96M added.
- The largest Brookfield Business Corp Class A Subordinate Voting Shares seller in Q2 2024 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $3.66M sold.
Based on aggregated 13F filings for Q2 2024.