Brookfield
423 hedge funds and large institutions have $24.8B invested in Brookfield in 2018 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 142 increasing their positions, 146 reducing their positions, and 42 closing their positions.
35% more call options, than puts
Call options by funds: $43.8M | Put options by funds: $32.3M
4% more capital invested
Capital invested by funds: $23.9B → $24.8B (+$843M)
3% less repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 146
2% less funds holding
Funds holding: 433 → 423 (-10)
5% less funds holding in top 10
Funds holding in top 10: 41 → 39 (-2)
6.92% less ownership
Funds ownership: 179.24% → 172.31% (-6.9%)
19% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$769M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$204M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$144M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$125M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$106M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$717M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$141M |
| 3 |
BWA
Brave Warrior Advisors
New York
|
-$99.7M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$98M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$72.9M |
BN Hedge Fund Activity: Q2 2018 in Review
423 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Brookfield (BN) for Q2 2018, worth a combined $24.8B — up 3.5% from $23.9B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of BN and 34 opened new positions — a net loss of 8 holders — while 146 trimmed existing stakes and 142 added.
The largest buyer was Fidelity International, opening a new position worth an estimated $769M. The largest seller was Fidelity Investments, cutting an estimated $717M.
- 423 institutional investors held Brookfield (BN) as of Q2 2018, down from 433 in Q1 2018.
- Funds reported $24.8B of Brookfield stock for Q2 2018, up 3.5% quarter-over-quarter.
- 34 funds opened new Brookfield positions in Q2 2018 and 42 closed out, a net change of -8 holders.
- The largest Brookfield buyer in Q2 2018 was Fidelity International, an estimated $769M added.
- The largest Brookfield seller in Q2 2018 was Fidelity Investments, an estimated $717M sold.
Based on aggregated 13F filings for Q2 2018.