Brookfield
604 hedge funds and large institutions have $33B invested in Brookfield in 2023 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 205 increasing their positions, 212 reducing their positions, and 69 closing their positions.
64% more call options, than puts
Call options by funds: $66.8M | Put options by funds: $40.7M
4% more capital invested
Capital invested by funds: $31.7B → $33B (+$1.28B)
0.61% more ownership
Funds ownership: 89% → 89.61% (+0.61%)
3% less repeat investments, than reductions
Existing positions increased: 205 | Existing positions reduced: 212
3% less funds holding
Funds holding: 620 → 604 (-16)
12% less funds holding in top 10
Funds holding in top 10: 49 → 43 (-6)
20% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$258M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$212M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$176M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$147M |
| 5 |
Goldman Sachs
New York
|
+$136M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$133M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$112M |
| 3 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$88.7M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$65.9M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$65.6M |
BN Hedge Fund Activity: Q2 2023 in Review
604 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Brookfield (BN) for Q2 2023, worth a combined $33B — up 4% from $31.7B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of BN and 55 opened new positions — a net loss of 14 holders — while 212 trimmed existing stakes and 205 added.
The largest buyer was EdgePoint Investment Group, adding an estimated $258M. The largest seller was Fidelity International, cutting an estimated $133M.
- 604 institutional investors held Brookfield (BN) as of Q2 2023, down from 620 in Q1 2023.
- Funds reported $33B of Brookfield stock for Q2 2023, up 4% quarter-over-quarter.
- 55 funds opened new Brookfield positions in Q2 2023 and 69 closed out, a net change of -14 holders.
- The largest Brookfield buyer in Q2 2023 was EdgePoint Investment Group, an estimated $258M added.
- The largest Brookfield seller in Q2 2023 was Fidelity International, an estimated $133M sold.
Based on aggregated 13F filings for Q2 2023.