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BBUC

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.

New
Increased
Maintained
Reduced
Closed

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

Holders
101
Holders Change
-9
Holders Change %
-8.18%
% of All Funds
1.46%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
11
Increased
35
Reduced
30
Closed
16
Calls
$14K
Puts
$8K
Net Calls
+$6K
Net Calls Change
-$14K

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$4.96M
2
Jane Street
Jane Street
New York
+$1.15M
3
Goldman Sachs
Goldman Sachs
New York
+$1.01M
4
Invesco
Invesco
Georgia
+$897K
5
UBS AM
UBS AM
Illinois
+$880K

Top Sellers

Rank Fund Capital Flow
1
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
-$3.66M
2
CIBC Asset Management
CIBC Asset Management
Ontario, Canada
-$2.51M
3
TD Asset Management
TD Asset Management
Ontario, Canada
-$1.2M
4
TIM
Timelo Investment Management
Ontario, Canada
-$1.03M
5
Vanguard Group
Vanguard Group
Pennsylvania
-$738K
Name Holding Trade Value Shares
Change 		Change in
Stake
TD Asset Management
101
TD Asset Management
Ontario, Canada
– -$1.2M -50,200 Closed
TIM
102
Timelo Investment Management
Ontario, Canada
– -$1.03M -42,800 Closed
AIG
103
American International Group
New York
– -$309K -12,814 Closed
EI
104
Ethic Inc
New York
– -$300K -12,447 Closed
Mirae Asset Global Investments
105
Mirae Asset Global Investments
South Korea
– -$190K -10,831 Closed
State of Wisconsin Investment Board
106
State of Wisconsin Investment Board
Wisconsin
– -$261K -10,800 Closed
Millennium Management
107
Millennium Management
New York
– -$243K -10,082 Closed
Two Sigma Advisers
108
Two Sigma Advisers
New York
– -$229K -9,500 Closed
Manulife (Manufacturers Life Insurance)
109
Manulife (Manufacturers Life Insurance)
Ontario, Canada
– -$213K -8,835 Closed
MLICM
110
Metropolitan Life Insurance Company (MetLife)
New York
– -$32.6K -1,349 Closed
Federated Hermes
111
Federated Hermes
Pennsylvania
– -$31.3K -1,297 Closed
First Manhattan
112
First Manhattan
New York
– -$15.7K -651 Closed
DA
113
Denali Advisors
California
– -$5K -207 Closed
AWM
114
Avior Wealth Management
Nebraska
– -$120 -5 Closed
DMIC
115
Dixon Mitchell Investment Counsel
British Columbia, Canada
– -$72 -3 Closed
1 2 3 4
5

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.