Brookfield
642 hedge funds and large institutions have $29.6B invested in Brookfield in 2022 Q4 according to their latest regulatory filings, with 83 funds opening new positions, 65 increasing their positions, 493 reducing their positions, and 115 closing their positions.
7% less funds holding
Funds holding: 688 → 642 (-46)
24% less capital invested
Capital invested by funds: $39B → $29.6B (-$9.35B)
28% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 115
31.32% less ownership
Funds ownership: 120.35% → 89.03% (-31%)
39% less funds holding in top 10
Funds holding in top 10: 74 → 45 (-29)
41% less call options, than puts
Call options by funds: $18.9M | Put options by funds: $32.1M
87% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 493
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$73.5M |
| 2 |
JFG
Jefferies Financial Group
New York
|
+$62.2M |
| 3 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
+$40.3M |
| 4 |
Renaissance Technologies
New York
|
+$32.6M |
| 5 |
NEI
Northwest & Ethical Investments
Toronto,
Ontario, Canada
|
+$31.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.98B |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$987M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$711M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$659M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$606M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
751
Logan Capital Management
Newtown Square,
Pennsylvania
| – | -$3K | -156 | Closed |
|
|
AWM
752
Ameliora Wealth Management
Zurich,
Switzerland
| – | -$1K | -71 | Closed |
|
753
Jones Financial Companies
Des Peres,
Missouri
| – | -$1K | -33 | Closed |
|
|
TF
754
Tompkins Financial
Ithaca,
New York
| – | -$1K | -33 | Closed |
|
|
M
755
MOTCO
San Antonio,
Texas
| – | -$1K | -24 | Closed |
|
BN Hedge Fund Activity: Q4 2022 in Review
642 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Brookfield (BN) for Q4 2022, worth a combined $29.6B — down 24% from $39B a quarter earlier.
Sellers outnumbered buyers: 115 funds closed out of BN and 83 opened new positions — a net loss of 32 holders — while 493 trimmed existing stakes and 65 added.
The largest buyer was Select Equity Group, opening a new position worth an estimated $73.5M. The largest seller was Bank of Montreal, cutting an estimated $1.98B.
- 642 institutional investors held Brookfield (BN) as of Q4 2022, down from 688 in Q3 2022.
- Funds reported $29.6B of Brookfield stock for Q4 2022, down 24% quarter-over-quarter.
- 83 funds opened new Brookfield positions in Q4 2022 and 115 closed out, a net change of -32 holders.
- The largest Brookfield buyer in Q4 2022 was Select Equity Group, an estimated $73.5M added.
- The largest Brookfield seller in Q4 2022 was Bank of Montreal, an estimated $1.98B sold.
Based on aggregated 13F filings for Q4 2022.