Brookfield
293 hedge funds and large institutions have $15.4B invested in Brookfield in 2014 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 91 increasing their positions, 115 reducing their positions, and 11 closing their positions.
248% more call options, than puts
Call options by funds: $7.32M | Put options by funds: $2.1M
227% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 11
12% more capital invested
Capital invested by funds: $13.7B → $15.4B (+$1.67B)
9% more funds holding
Funds holding: 269 → 293 (+24)
7.15% more ownership
Funds ownership: 233.55% → 240.69% (+7.1%)
4% less funds holding in top 10
Funds holding in top 10: 25 → 24 (-1)
21% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 115
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$230M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$224M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$135M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$121M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$77.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$66.1M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$50.3M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$41.4M |
| 4 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$36.7M |
| 5 |
TAM
Third Avenue Management
New York
|
-$34.8M |
BN Hedge Fund Activity: Q2 2014 in Review
293 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Brookfield (BN) for Q2 2014, worth a combined $15.4B — up 12% from $13.7B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new BN positions and 11 closed out — a net gain of 25 holders — while 91 added to existing stakes and 115 trimmed.
The largest buyer was Norges Bank, adding an estimated $230M. The largest seller was Royal Bank of Canada, cutting an estimated $66.1M.
- 293 institutional investors held Brookfield (BN) as of Q2 2014, up from 269 in Q1 2014.
- Funds reported $15.4B of Brookfield stock for Q2 2014, up 12% quarter-over-quarter.
- 36 funds opened new Brookfield positions in Q2 2014 and 11 closed out, a net change of +25 holders.
- The largest Brookfield buyer in Q2 2014 was Norges Bank, an estimated $230M added.
- The largest Brookfield seller in Q2 2014 was Royal Bank of Canada, an estimated $66.1M sold.
Based on aggregated 13F filings for Q2 2014.