Brookfield
264 hedge funds and large institutions have $12.5B invested in Brookfield in 2013 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 103 increasing their positions, 84 reducing their positions, and 21 closing their positions.
57% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 21
26% more funds holding in top 10
Funds holding in top 10: 19 → 24 (+5)
23% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 84
6% more capital invested
Capital invested by funds: $11.7B → $12.5B (+$757M)
6.09% more ownership
Funds ownership: 225.65% → 231.74% (+6.1%)
4% more funds holding
Funds holding: 255 → 264 (+9)
3% less call options, than puts
Call options by funds: $7.09M | Put options by funds: $7.28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$243M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$65.2M |
| 3 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$34M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$32.7M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$24.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$89.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$77.5M |
| 3 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
-$51.5M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$32.6M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$17M |
BN Hedge Fund Activity: Q3 2013 in Review
264 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Brookfield (BN) for Q3 2013, worth a combined $12.5B — up 6.4% from $11.7B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new BN positions and 21 closed out — a net gain of 12 holders — while 103 added to existing stakes and 84 trimmed.
The largest buyer was Mawer Investment Management, opening a new position worth an estimated $243M. The largest seller was 1832 Asset Management, cutting an estimated $89.8M.
- 264 institutional investors held Brookfield (BN) as of Q3 2013, up from 255 in Q2 2013.
- Funds reported $12.5B of Brookfield stock for Q3 2013, up 6.4% quarter-over-quarter.
- 33 funds opened new Brookfield positions in Q3 2013 and 21 closed out, a net change of +12 holders.
- The largest Brookfield buyer in Q3 2013 was Mawer Investment Management, an estimated $243M added.
- The largest Brookfield seller in Q3 2013 was 1832 Asset Management, an estimated $89.8M sold.
Based on aggregated 13F filings for Q3 2013.