Brookfield
320 hedge funds and large institutions have $18B invested in Brookfield in 2015 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 108 increasing their positions, 140 reducing their positions, and 29 closing their positions.
31% more call options, than puts
Call options by funds: $8.04M | Put options by funds: $6.16M
17% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 29
0% more funds holding
Funds holding: 319 → 320 (+1)
2% less capital invested
Capital invested by funds: $18.4B → $18B (-$382M)
11% less funds holding in top 10
Funds holding in top 10: 38 → 34 (-4)
23% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 140
80.11% less ownership
Funds ownership: 231.68% → 151.57% (-80%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWA
Brave Warrior Advisors
New York
|
+$197M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$132M |
| 3 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$94.2M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$91.2M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$72.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$218M |
| 2 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$206M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$30M |
| 4 |
Citigroup
New York
|
-$27.9M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$27.3M |
BN Hedge Fund Activity: Q2 2015 in Review
320 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Brookfield (BN) for Q2 2015, worth a combined $18B — down 2.1% from $18.4B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new BN positions and 29 closed out — a net gain of 5 holders — while 108 added to existing stakes and 140 trimmed.
The largest buyer was Brave Warrior Advisors, opening a new position worth an estimated $197M. The largest seller was Toronto Dominion Bank, cutting an estimated $218M.
- 320 institutional investors held Brookfield (BN) as of Q2 2015, up from 319 in Q1 2015.
- Funds reported $18B of Brookfield stock for Q2 2015, down 2.1% quarter-over-quarter.
- 34 funds opened new Brookfield positions in Q2 2015 and 29 closed out, a net change of +5 holders.
- The largest Brookfield buyer in Q2 2015 was Brave Warrior Advisors, an estimated $197M added.
- The largest Brookfield seller in Q2 2015 was Toronto Dominion Bank, an estimated $218M sold.
Based on aggregated 13F filings for Q2 2015.