Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
102 hedge funds and large institutions have $1.53B invested in Brookfield Business Corp Class A Subordinate Voting Shares in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 36 increasing their positions, 35 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
28% more capital invested
Capital invested by funds: $1.2B → $1.53B (+$334M)
11% more funds holding
Funds holding: 92 → 102 (+10)
3% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 35
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.55% less ownership
Funds ownership: 90.56% → 90.01% (-0.55%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.52M |
| 2 |
Morgan Stanley
New York
|
+$2.4M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
+$2.25M |
| 4 |
DWM
Dorchester Wealth Management
Montreal,
Quebec, Canada
|
+$722K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$674K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$12.3M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.6M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.01M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.59M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$719K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
US Bancorp
Minneapolis,
Minnesota
| $23 | -$1.47K | -82 | -99% |
|
102
Citadel Advisors
Miami,
Florida
| – | -$214K | -11,840 | Closed |
|
|
CCP
103
Carmel Capital Partners
San Diego,
California
| – | -$77.6K | -4,293 | Closed |
|
|
PGAM
104
Princeton Global Asset Management
Princeton,
New Jersey
| – | -$2.91K | -162 | Closed |
|
|
C
105
Covestor
London,
United Kingdom
| – | -$1.6K | -89 | -95% |
|
BBUC Hedge Fund Activity: Q4 2023 in Review
102 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) for Q4 2023, worth a combined $1.53B — up 28% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BBUC positions and 4 closed out — a net gain of 10 holders — while 36 added to existing stakes and 35 trimmed.
The largest buyer was BlackRock, adding an estimated $2.52M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $12.3M.
- 102 institutional investors held Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) as of Q4 2023, up from 92 in Q3 2023.
- Funds reported $1.53B of Brookfield Business Corp Class A Subordinate Voting Shares stock for Q4 2023, up 28% quarter-over-quarter.
- 14 funds opened new Brookfield Business Corp Class A Subordinate Voting Shares positions in Q4 2023 and 4 closed out, a net change of +10 holders.
- The largest Brookfield Business Corp Class A Subordinate Voting Shares buyer in Q4 2023 was BlackRock, an estimated $2.52M added.
- The largest Brookfield Business Corp Class A Subordinate Voting Shares seller in Q4 2023 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $12.3M sold.
Based on aggregated 13F filings for Q4 2023.