Brookfield
307 hedge funds and large institutions have $16.9B invested in Brookfield in 2014 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 108 increasing their positions, 102 reducing their positions, and 29 closing their positions.
245% more call options, than puts
Call options by funds: $14.5M | Put options by funds: $4.22M
28% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 29
22% more funds holding in top 10
Funds holding in top 10: 27 → 33 (+6)
11% more capital invested
Capital invested by funds: $15.2B → $16.9B (+$1.67B)
1% more funds holding
Funds holding: 303 → 307 (+4)
6% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 102
6.11% less ownership
Funds ownership: 234.47% → 228.36% (-6.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$73.6M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$45.7M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$42.4M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$38.9M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$38.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$163M |
| 2 |
Select Equity Group
New York
|
-$106M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$67M |
| 4 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$57.9M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$44.8M |
BN Hedge Fund Activity: Q4 2014 in Review
307 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Brookfield (BN) for Q4 2014, worth a combined $16.9B — up 11% from $15.2B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new BN positions and 29 closed out — a net gain of 8 holders — while 108 added to existing stakes and 102 trimmed.
The largest buyer was Canada Pension Plan Investment Board, adding an estimated $73.6M. The largest seller was Bank of Nova Scotia, cutting an estimated $163M.
- 307 institutional investors held Brookfield (BN) as of Q4 2014, up from 303 in Q3 2014.
- Funds reported $16.9B of Brookfield stock for Q4 2014, up 11% quarter-over-quarter.
- 37 funds opened new Brookfield positions in Q4 2014 and 29 closed out, a net change of +8 holders.
- The largest Brookfield buyer in Q4 2014 was Canada Pension Plan Investment Board, an estimated $73.6M added.
- The largest Brookfield seller in Q4 2014 was Bank of Nova Scotia, an estimated $163M sold.
Based on aggregated 13F filings for Q4 2014.