Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
86 hedge funds and large institutions have $1.46B invested in Brookfield Business Corp Class A Subordinate Voting Shares in 2022 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 13 closing their positions.
0.14% less ownership
Funds ownership: 90.93% → 90.8% (-0.14%)
4% less capital invested
Capital invested by funds: $1.52B → $1.46B (-$57.7M)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2% less funds holding
Funds holding: 88 → 86 (-2)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$3.39M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
+$3.2M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$1.41M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.29M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$768K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.79M |
| 2 |
UFM
Ursa Fund Management
Danville,
California
|
-$1.45M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.23M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$1.05M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.04M |
BBUC Hedge Fund Activity: Q3 2022 in Review
86 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) for Q3 2022, worth a combined $1.46B — down 3.8% from $1.52B a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BBUC and 12 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 25 added.
The largest buyer was Northern Trust, adding an estimated $3.39M. The largest seller was Royal Bank of Canada, cutting an estimated $5.79M.
- 86 institutional investors held Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) as of Q3 2022, down from 88 in Q2 2022.
- Funds reported $1.46B of Brookfield Business Corp Class A Subordinate Voting Shares stock for Q3 2022, down 3.8% quarter-over-quarter.
- 12 funds opened new Brookfield Business Corp Class A Subordinate Voting Shares positions in Q3 2022 and 13 closed out, a net change of -1 holder.
- The largest Brookfield Business Corp Class A Subordinate Voting Shares buyer in Q3 2022 was Northern Trust, an estimated $3.39M added.
- The largest Brookfield Business Corp Class A Subordinate Voting Shares seller in Q3 2022 was Royal Bank of Canada, an estimated $5.79M sold.
Based on aggregated 13F filings for Q3 2022.