Brookfield
269 hedge funds and large institutions have $13.7B invested in Brookfield in 2014 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 108 increasing their positions, 88 reducing their positions, and 33 closing their positions.
75% more call options, than puts
Call options by funds: $10.7M | Put options by funds: $6.08M
23% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 88
6% more capital invested
Capital invested by funds: $12.9B → $13.7B (+$759M)
4% more funds holding in top 10
Funds holding in top 10: 24 → 25 (+1)
2.2% more ownership
Funds ownership: 231.35% → 233.55% (+2.2%)
4% less funds holding
Funds holding: 279 → 269 (-10)
18% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$63.2M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$54.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$50.1M |
| 4 |
Neuberger Berman Group
New York
|
+$49.1M |
| 5 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
+$43.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$118M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$45.6M |
| 3 |
TAM
Third Avenue Management
New York
|
-$43.5M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$34.4M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OSNBOA
301
Old Second National Bank of Aurora
Aurora,
Illinois
| – | -$2K | -256 | Closed |
|
302
Lazard Asset Management
New York
| – | -$2K | -235 | Closed |
|
|
RWML
303
RAFFA WEALTH MANAGEMENT, LLC
Washington,
District of Columbia
| – | -$702 | -60 | Closed |
|
BN Hedge Fund Activity: Q1 2014 in Review
269 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Brookfield (BN) for Q1 2014, worth a combined $13.7B — up 5.9% from $12.9B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of BN and 27 opened new positions — a net loss of 6 holders — while 88 trimmed existing stakes and 108 added.
The largest buyer was Principal Financial Group, adding an estimated $63.2M. The largest seller was Davis Selected Advisers, cutting an estimated $118M.
- 269 institutional investors held Brookfield (BN) as of Q1 2014, down from 279 in Q4 2013.
- Funds reported $13.7B of Brookfield stock for Q1 2014, up 5.9% quarter-over-quarter.
- 27 funds opened new Brookfield positions in Q1 2014 and 33 closed out, a net change of -6 holders.
- The largest Brookfield buyer in Q1 2014 was Principal Financial Group, an estimated $63.2M added.
- The largest Brookfield seller in Q1 2014 was Davis Selected Advisers, an estimated $118M sold.
Based on aggregated 13F filings for Q1 2014.