Brookfield
603 hedge funds and large institutions have $44B invested in Brookfield in 2021 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 221 increasing their positions, 175 reducing their positions, and 48 closing their positions.
60% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 48
26% more repeat investments, than reductions
Existing positions increased: 221 | Existing positions reduced: 175
10% more capital invested
Capital invested by funds: $40B → $44B (+$3.96B)
4% more funds holding
Funds holding: 579 → 603 (+24)
1.47% more ownership
Funds ownership: 119.8% → 121.27% (+1.5%)
2% more call options, than puts
Call options by funds: $31.6M | Put options by funds: $31M
3% less funds holding in top 10
Funds holding in top 10: 67 → 65 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$352M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$315M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$196M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$194M |
| 5 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$161M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$484M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$244M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$203M |
| 4 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$67.6M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$54.2M |
BN Hedge Fund Activity: Q1 2021 in Review
603 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Brookfield (BN) for Q1 2021, worth a combined $44B — up 9.9% from $40B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new BN positions and 48 closed out — a net gain of 29 holders — while 221 added to existing stakes and 175 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $352M. The largest seller was Canada Life, cutting an estimated $484M.
- 603 institutional investors held Brookfield (BN) as of Q1 2021, up from 579 in Q4 2020.
- Funds reported $44B of Brookfield stock for Q1 2021, up 9.9% quarter-over-quarter.
- 77 funds opened new Brookfield positions in Q1 2021 and 48 closed out, a net change of +29 holders.
- The largest Brookfield buyer in Q1 2021 was Mackenzie Financial, an estimated $352M added.
- The largest Brookfield seller in Q1 2021 was Canada Life, an estimated $484M sold.
Based on aggregated 13F filings for Q1 2021.