Brookfield
477 hedge funds and large institutions have $29.6B invested in Brookfield in 2019 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 164 increasing their positions, 150 reducing their positions, and 39 closing their positions.
49% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 39
3% more funds holding
Funds holding: 461 → 477 (+16)
9% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 150
2% more capital invested
Capital invested by funds: $29B → $29.6B (+$558M)
2.89% less ownership
Funds ownership: 64.96% → 62.07% (-2.9%)
7% less funds holding in top 10
Funds holding in top 10: 58 → 54 (-4)
90% less call options, than puts
Call options by funds: $6.98M | Put options by funds: $70.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$107M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$91.2M |
| 3 |
Select Equity Group
New York
|
+$78.6M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$74.8M |
| 5 |
National Pension Service
Jeonju-Si, Jeollabuk-Do,
South Korea
|
+$47.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$232M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$136M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$116M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$79.1M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$41.7M |
BN Hedge Fund Activity: Q2 2019 in Review
477 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Brookfield (BN) for Q2 2019, worth a combined $29.6B — up 1.9% from $29B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new BN positions and 39 closed out — a net gain of 19 holders — while 164 added to existing stakes and 150 trimmed.
The largest buyer was Jarislowsky, Fraser Ltd, adding an estimated $107M. The largest seller was Beutel, Goodman & Co, cutting an estimated $232M.
- 477 institutional investors held Brookfield (BN) as of Q2 2019, up from 461 in Q1 2019.
- Funds reported $29.6B of Brookfield stock for Q2 2019, up 1.9% quarter-over-quarter.
- 58 funds opened new Brookfield positions in Q2 2019 and 39 closed out, a net change of +19 holders.
- The largest Brookfield buyer in Q2 2019 was Jarislowsky, Fraser Ltd, an estimated $107M added.
- The largest Brookfield seller in Q2 2019 was Beutel, Goodman & Co, an estimated $232M sold.
Based on aggregated 13F filings for Q2 2019.