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BBUC

Brookfield Business Corp Class A Subordinate Voting Shares

83 hedge funds and large institutions have $1.25B invested in Brookfield Business Corp Class A Subordinate Voting Shares in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.24% less ownership

Funds ownership: 90.8%90.56% (-0.24%)

7% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 28

3% less funds holding

Funds holding: 8683 (-3)

11% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 9

15% less capital invested

Capital invested by funds: $1.46B → $1.25B (-$218M)

Holders
83
Holders Change
-3
Holders Change %
-3.49%
% of All Funds
1.33%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
8
Increased
26
Reduced
28
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BC
1
Brookfield Corp
Ontario, Canada
$902M
OAC
2
OMERS Administration Corp
Ontario, Canada
$113M
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$50.4M -$7.37M -338,503 -11%
CIBC Asset Management
4
CIBC Asset Management
Ontario, Canada
$23.2M +$6.38M +293,269 +31%
BlackRock
5
BlackRock
New York
$22.4M +$1.45M +66,861 +6%
CI Investments Inc
6
CI Investments Inc
Ontario, Canada
$19.5M -$16.8K -770 -0.1%
TWC
7
TD Waterhouse Canada
Ontario, Canada
$16.2M -$4.25M -195,109 -23%
PMG
8
Private Management Group
California
$14.8M +$6.35M +291,638 +59%
1832 Asset Management
9
1832 Asset Management
Ontario, Canada
$12.2M -$10.9K -500 -0.1%
BGC
10
Beutel, Goodman & Co
Ontario, Canada
$9.82M +$208K +9,580 +2%
PGH
11
Partners Group Holding
Switzerland
$9.52M -$2.08M -95,806 -16%
Bank of Montreal
12
Bank of Montreal
Ontario, Canada
$9.22M -$63.2K -2,903 -0.6%
State Street
13
State Street
Massachusetts
$6.24M +$344K +15,806 +5%
CS
14
Credit Suisse
Switzerland
$4.68M -$1.31M -60,144 -19%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$4.22M +$342K +15,724 +8%
CIBC World Market
16
CIBC World Market
Ontario, Canada
$3.49M -$341K -15,693 -8%
Northern Trust
17
Northern Trust
Illinois
$3.21M -$7.29K -335 -0.2%
Manulife (Manufacturers Life Insurance)
18
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2.9M -$3.26K -150 -0.1%
Vanguard Group
19
Vanguard Group
Pennsylvania
$2.34M +$137K +6,297 +5%
Millennium Management
20
Millennium Management
New York
$1.98M -$2.59M -119,164 -53%
N
21
Nuveen
North Carolina
$1.35M -$88.4K -4,061 -5%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$1.3M +$18.7K +858 +1%
TCM
23
Tandem Capital Management
New Jersey
$1.18M +$416K +19,115 +44%
Morgan Stanley
24
Morgan Stanley
New York
$1.13M +$909K +41,799 +227%
Charles Schwab
25
Charles Schwab
California
$1.09M +$22.7K +1,043 +2%

BBUC Hedge Fund Activity: Q4 2022 in Review

83 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) for Q4 2022, worth a combined $1.25B — down 15% from $1.46B a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of BBUC and 8 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 26 added.

The largest buyer was CIBC Asset Management, adding an estimated $6.38M. The largest seller was Royal Bank of Canada, cutting an estimated $7.37M.

  • 83 institutional investors held Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) as of Q4 2022, down from 86 in Q3 2022.
  • Funds reported $1.25B of Brookfield Business Corp Class A Subordinate Voting Shares stock for Q4 2022, down 15% quarter-over-quarter.
  • 8 funds opened new Brookfield Business Corp Class A Subordinate Voting Shares positions in Q4 2022 and 9 closed out, a net change of -1 holder.
  • The largest Brookfield Business Corp Class A Subordinate Voting Shares buyer in Q4 2022 was CIBC Asset Management, an estimated $6.38M added.
  • The largest Brookfield Business Corp Class A Subordinate Voting Shares seller in Q4 2022 was Royal Bank of Canada, an estimated $7.37M sold.

Based on aggregated 13F filings for Q4 2022.