Brookfield
450 hedge funds and large institutions have $23.9B invested in Brookfield in 2018 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 151 increasing their positions, 151 reducing their positions, and 41 closing their positions.
185% more call options, than puts
Call options by funds: $24.6M | Put options by funds: $8.64M
49% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 41
22% more funds holding in top 10
Funds holding in top 10: 46 → 56 (+10)
8.63% more ownership
Funds ownership: 173.63% → 182.26% (+8.6%)
4% more funds holding
Funds holding: 432 → 450 (+18)
0% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 151
13% less capital invested
Capital invested by funds: $27.4B → $23.9B (-$3.5B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$189M |
| 2 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$169M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$136M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$89.5M |
| 5 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$77.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$130M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$96.6M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$79.1M |
| 4 |
TAM
Third Avenue Management
New York
|
-$52.9M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$43.7M |
BN Hedge Fund Activity: Q4 2018 in Review
450 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Brookfield (BN) for Q4 2018, worth a combined $23.9B — down 13% from $27.4B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new BN positions and 41 closed out — a net gain of 20 holders — while 151 added to existing stakes and 151 trimmed.
The largest buyer was Capital World Investors, adding an estimated $189M. The largest seller was Royal Bank of Canada, cutting an estimated $130M.
- 450 institutional investors held Brookfield (BN) as of Q4 2018, up from 432 in Q3 2018.
- Funds reported $23.9B of Brookfield stock for Q4 2018, down 13% quarter-over-quarter.
- 61 funds opened new Brookfield positions in Q4 2018 and 41 closed out, a net change of +20 holders.
- The largest Brookfield buyer in Q4 2018 was Capital World Investors, an estimated $189M added.
- The largest Brookfield seller in Q4 2018 was Royal Bank of Canada, an estimated $130M sold.
Based on aggregated 13F filings for Q4 2018.