Brookfield
546 hedge funds and large institutions have $34.4B invested in Brookfield in 2019 Q3 according to their latest regulatory filings, with 96 funds opening new positions, 181 increasing their positions, 157 reducing their positions, and 25 closing their positions.
284% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 25
71% more call options, than puts
Call options by funds: $79.4M | Put options by funds: $46.4M
19% more funds holding in top 10
Funds holding in top 10: 54 → 64 (+10)
16% more capital invested
Capital invested by funds: $29.5B → $34.4B (+$4.84B)
15% more repeat investments, than reductions
Existing positions increased: 181 | Existing positions reduced: 157
14% more funds holding
Funds holding: 477 → 546 (+69)
14.16% more ownership
Funds ownership: 175.55% → 189.72% (+14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$350M |
| 2 |
ACM
AKRE Capital Management
Middleburg,
Virginia
|
+$270M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$194M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$190M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$159M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
-$468M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$304M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$275M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$137M |
| 5 |
Renaissance Technologies
New York
|
-$39.8M |
BN Hedge Fund Activity: Q3 2019 in Review
546 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Brookfield (BN) for Q3 2019, worth a combined $34.4B — up 16% from $29.5B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new BN positions and 25 closed out — a net gain of 71 holders — while 181 added to existing stakes and 157 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $350M. The largest seller was Mawer Investment Management, cutting an estimated $468M.
- 546 institutional investors held Brookfield (BN) as of Q3 2019, up from 477 in Q2 2019.
- Funds reported $34.4B of Brookfield stock for Q3 2019, up 16% quarter-over-quarter.
- 96 funds opened new Brookfield positions in Q3 2019 and 25 closed out, a net change of +71 holders.
- The largest Brookfield buyer in Q3 2019 was Bank of Montreal, an estimated $350M added.
- The largest Brookfield seller in Q3 2019 was Mawer Investment Management, an estimated $468M sold.
Based on aggregated 13F filings for Q3 2019.