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BBUC

Brookfield Business Corp Class A Subordinate Voting Shares

112 hedge funds and large institutions have $456M invested in Brookfield Business Corp Class A Subordinate Voting Shares in 2024 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 34 increasing their positions, 27 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 5

26% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 27

20% more call options, than puts

Call options by funds: $30K | Put options by funds: $25K

11% more funds holding

Funds holding: 101112 (+11)

65.33% less ownership

Funds ownership: 89.87%24.54% (-65%)

66% less capital invested

Capital invested by funds: $1.34B → $456M (-$888M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
112
Holders Change
+11
Holders Change %
+10.89%
% of All Funds
1.61%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
16
Increased
34
Reduced
27
Closed
5
Calls
$30K
Puts
$25K
Net Calls
+$5K
Net Calls Change
-$1K
Name Holding Trade Value Shares
Change
Change in
Stake
OAC
1
OMERS Administration Corp
Ontario, Canada
$152M
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$45.1M -$202K -9,168 -0.5%
BlackRock
3
BlackRock
New York
$43.8M +$3.57M +161,501 +10%
CIBC Asset Management
4
CIBC Asset Management
Ontario, Canada
$36.4M -$211K -9,568 -0.7%
PMG
5
Private Management Group
California
$34.6M -$396K -17,941 -1%
CI Investments Inc
6
CI Investments Inc
Ontario, Canada
$27.3M -$26.5K -1,202 -0.1%
BGC
7
Beutel, Goodman & Co
Ontario, Canada
$13.2M -$113K -5,110 -1%
1832 Asset Management
8
1832 Asset Management
Ontario, Canada
$11.4M
State Street
9
State Street
Massachusetts
$10.5M +$649K +29,380 +8%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$10.3M -$288K -13,047 -3%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$8.29M +$24.5K +1,108 +0.3%
MIF
12
Mediolanum International Funds
Ireland
$5M +$3.35M +151,854 New
TWC
13
TD Waterhouse Canada
Ontario, Canada
$4.89M -$3.08M -139,545 -41%
Vanguard Group
14
Vanguard Group
Pennsylvania
$4.38M +$515K +23,340 +16%
Northern Trust
15
Northern Trust
Illinois
$3.94M +$52.8K +2,390 +2%
Invesco
16
Invesco
Georgia
$3.36M -$288K -13,063 -9%
Morgan Stanley
17
Morgan Stanley
New York
$3.14M +$747K +33,840 +38%
Goldman Sachs
18
Goldman Sachs
New York
$2.92M +$885K +40,087 +53%
DWM
19
Dorchester Wealth Management
Quebec, Canada
$2.91M -$57K -2,579 -2%
N
20
Nuveen
North Carolina
$2.72M
Charles Schwab
21
Charles Schwab
California
$2.58M +$432K +19,568 +24%
CIBC World Market
22
CIBC World Market
Ontario, Canada
$2.38M -$185K -8,388 -8%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$1.74M -$489K -22,124 -24%
Swiss National Bank
24
Swiss National Bank
Switzerland
$1.5M
TCM
25
Tandem Capital Management
New Jersey
$1.42M -$80.6K -3,649 -6%

BBUC Hedge Fund Activity: Q3 2024 in Review

112 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) for Q3 2024, worth a combined $456M — down 66% from $1.34B a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new BBUC positions and 5 closed out — a net gain of 11 holders — while 34 added to existing stakes and 27 trimmed.

The largest buyer was BlackRock, adding an estimated $3.57M. The largest seller was Brookfield Corp, exiting entirely with an estimated $965M sold.

  • 112 institutional investors held Brookfield Business Corp Class A Subordinate Voting Shares (BBUC) as of Q3 2024, up from 101 in Q2 2024.
  • Funds reported $456M of Brookfield Business Corp Class A Subordinate Voting Shares stock for Q3 2024, down 66% quarter-over-quarter.
  • 16 funds opened new Brookfield Business Corp Class A Subordinate Voting Shares positions in Q3 2024 and 5 closed out, a net change of +11 holders.
  • The largest Brookfield Business Corp Class A Subordinate Voting Shares buyer in Q3 2024 was BlackRock, an estimated $3.57M added.
  • The largest Brookfield Business Corp Class A Subordinate Voting Shares seller in Q3 2024 was Brookfield Corp, an estimated $965M sold.

Based on aggregated 13F filings for Q3 2024.