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BBUC

Brookfield Business Corp Class A Subordinate Voting Shares

110 hedge funds and large institutions have $1.59B invested in Brookfield Business Corp Class A Subordinate Voting Shares in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 26 increasing their positions, 40 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

286% more call options, than puts

Call options by funds: $27K | Put options by funds: $7K

133% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 6

8% more funds holding

Funds holding: 102110 (+8)

4% more capital invested

Capital invested by funds: $1.53B → $1.59B (+$53.8M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.11% less ownership

Funds ownership: 90.01%89.9% (-0.11%)

35% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 40

Holders
110
Holders Change
+8
Holders Change %
+7.84%
% of All Funds
1.58%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
14
Increased
26
Reduced
40
Closed
6
Calls
$27K
Puts
$7K
Net Calls
+$20K
Net Calls Change
+$20K
Name Holding Trade Value Shares
Change
Change in
Stake
BC
1
Brookfield Corp
Ontario, Canada
$1.14B
OAC
2
OMERS Administration Corp
Ontario, Canada
$145M
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$43.9M -$1.28M -55,207 -3%
CIBC Asset Management
4
CIBC Asset Management
Ontario, Canada
$36.6M +$3.33M +144,091 +10%
PMG
5
Private Management Group
California
$33.7M -$279K -12,050 -0.9%
BlackRock
6
BlackRock
New York
$32.1M -$1.04M -44,869 -3%
CI Investments Inc
7
CI Investments Inc
Ontario, Canada
$26.1M +$1.08M +46,542 +4%
PVI
8
Partners Value Investments
Bermuda
$18.3M
BGC
9
Beutel, Goodman & Co
Ontario, Canada
$12.8M -$236K -10,220 -2%
1832 Asset Management
10
1832 Asset Management
Ontario, Canada
$10.9M +$10.6K +458 +0.1%
TWC
11
TD Waterhouse Canada
Ontario, Canada
$10.4M -$1.33M -57,622 -15%
Bank of Montreal
12
Bank of Montreal
Ontario, Canada
$10.2M -$2.88M -124,429 -23%
State Street
13
State Street
Massachusetts
$9.1M +$383K +16,562 +5%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$7.21M +$137K +5,937 +2%
Vanguard Group
15
Vanguard Group
Pennsylvania
$4.46M +$263K +11,371 +7%
Northern Trust
16
Northern Trust
Illinois
$3.95M -$120K -5,170 -3%
Connor, Clark & Lunn Investment Management (CC&L)
17
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.66M +$703K +30,400 +25%
DWM
18
Dorchester Wealth Management
Quebec, Canada
$2.73M +$9.49K +410 +0.4%
N
19
Nuveen
North Carolina
$2.5M -$101K -4,366 -4%
Invesco
20
Invesco
Georgia
$2.48M +$1.92M +82,823 +412%
CIBC World Market
21
CIBC World Market
Ontario, Canada
$2.46M -$700K -30,251 -23%
Morgan Stanley
22
Morgan Stanley
New York
$2.02M -$2M -86,497 -51%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$1.6M -$14.6K -630 -0.9%
TCM
24
Tandem Capital Management
New Jersey
$1.51M -$16.2K -700 -1%
Charles Schwab
25
Charles Schwab
California
$1.42M -$12.7K -550 -0.9%

BBUC Hedge Fund Activity: Q1 2024 in Review

110 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) for Q1 2024, worth a combined $1.59B — up 3.5% from $1.53B a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new BBUC positions and 6 closed out — a net gain of 8 holders — while 26 added to existing stakes and 40 trimmed.

The largest buyer was CIBC Asset Management, adding an estimated $3.33M. The largest seller was Bank of Montreal, cutting an estimated $2.88M.

  • 110 institutional investors held Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) as of Q1 2024, up from 102 in Q4 2023.
  • Funds reported $1.59B of Brookfield Business Corp Class A Subordinate Voting Shares stock for Q1 2024, up 3.5% quarter-over-quarter.
  • 14 funds opened new Brookfield Business Corp Class A Subordinate Voting Shares positions in Q1 2024 and 6 closed out, a net change of +8 holders.
  • The largest Brookfield Business Corp Class A Subordinate Voting Shares buyer in Q1 2024 was CIBC Asset Management, an estimated $3.33M added.
  • The largest Brookfield Business Corp Class A Subordinate Voting Shares seller in Q1 2024 was Bank of Montreal, an estimated $2.88M sold.

Based on aggregated 13F filings for Q1 2024.