BROOKFIELD BUSINESS CORP
CL A EXC SUB VTG · Common Stock · CUSIP 11259V106
86
institutional holders
+8 vs Q1 2023
65.6m
shares reported held*
$1.2bnreported value*
13 new
30 added
22 reduced
6 sold out
net bought ≈ $887.9m (+47.0m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($144.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.96. Options: 1 managers hold calls ($0 notional), 2 hold puts ($0).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 86 |
| Q4 2022 | 85 |
| Q1 2023 | 78 |
| Q2 2023 | 86 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 33 | 37 |
| Q1 2023 | 36 | 37 |
| Q2 2023 | 43 | 28 |
Biggest buyers
| Brookfield Corp /ON/ | Added | +47.1m |
| PRIVATE MANAGEMENT GROUP INC | Added | +170.7k |
| BlackRock Inc. | Added | +57.9k |
| Swiss National Bank | New | +56.3k |
| BANK OF MONTREAL /CAN/ | Added | +45.9k |
| CREDIT SUISSE AG/ | New | +29.4k |
| MONTRUSCO BOLTON INVESTMENTS INC. | New | +28.8k |
| Legal & General Group Plc | Added | +28.1k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +25.5k |
| Beutel, Goodman & Co Ltd. | Added | +21.3k |
Biggest sellers
| CIBC Asset Management Inc | Reduced | -158.3k |
| ROYAL BANK OF CANADA | Reduced | -153.6k |
| 1832 Asset Management L.P. | Reduced | -110.6k |
| STRS OHIO | Sold out | -90.6k |
| MORGAN STANLEY | Reduced | -71.9k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -55.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -30.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -12.9k |
| SG Americas Securities, LLC | Sold out | -10.5k |
| DEUTSCHE BANK AG\ | Reduced | -5.0k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
| SIMPLEX TRADING, LLC | Unchanged | $0100 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
BROOKFIELD Corp /ON/
13D · may seek influence
+31.5 pts · filed 2026-03-30
Stated purposeItem 4 of the original Schedule 13D is hereby supplemented as follows: On March 27, 2026, BBUC (formerly 1559985 B.C. Ltd.) completed the previously announced plan of arrangement (the "Arrangement") pursuant to which, among other things, (i) all limited partnership units ("BBU Units") of BBU, BBHC exchangeable shares and redemption-exchange units ("REUs") of Brookfield Business L.P. ("Holding LP") were exchanged for newly issued class A subordinate voting shares of BBUC ("BBUC Class A Shares") on a one-for-one basis, (ii) the special limited partnership units of Holding LP, which were held by a subsidiary of Brookfield Asset Management Ltd., were exchanged for special non-voting incentive shares of BBUC ("Special Shares") on a one-for-one basis, (iii) BN exchanged its share of Brookfield … Full filing |
100.0% |
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Brookfield Corp /ON/ 3.59% of their portfolio | 48.0m $906.1m | Added +47.1m |
| OMERS ADMINISTRATION Corp 1.77% of their portfolio | 6.0m $113.7m | Unchanged |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 2.5m $47.6m | Reduced -153.6k |
| CIBC Asset Management Inc 0.10% of their portfolio | 1.4m $26.3m | Reduced -158.3k |
| BlackRock Inc. 0.00% of their portfolio | 1.2m $22.8m | Added +57.9k |
| PRIVATE MANAGEMENT GROUP INC 0.87% of their portfolio | 1.1m $20.5m | Added +170.7k |
| CI INVESTMENTS INC. 0.10% of their portfolio | 1.0m $19.6m | Reduced -768 |
| TD Waterhouse Canada Inc. 0.15% of their portfolio | 593.7k $14.9m | Added +9.9k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 553.4k $11.8m | Added +45.9k |
| 1832 Asset Management L.P. 0.02% of their portfolio | 541.2k $10.2m | Reduced -110.6k |
| Beutel, Goodman & Co Ltd. 0.06% of their portfolio | 531.2k $10.0m | Added +21.3k |
| STATE STREET CORP 0.00% of their portfolio | 352.0k $6.6m | Added +11.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 263.9k $5.0m | Added +25.5k |
| CIBC WORLD MARKET INC. 0.01% of their portfolio | 177.8k $3.4m | Reduced -3.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 175.3k $3.3m | Added +4.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 154.4k $2.9m | Reduced -66 |
| VANGUARD GROUP INC 0.00% of their portfolio | 150.9k $2.8m | Added +20.4k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 90.2k $1.7m | Added +19.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 66.8k $1.3m | Reduced -1.4k |
| TANDEM CAPITAL MANAGEMENT CORP /ADV 0.80% of their portfolio | 65.2k $1.2m | Added +282 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 59.4k $1.1m | Added +506 |
| Swiss National Bank 0.00% of their portfolio | 56.3k $1.1m | New |
| MORGAN STANLEY 0.00% of their portfolio | 39.4k $744.2k | Reduced -71.9k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 36.3k $684.9k | Added +3.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 35.0k $659.9k | Added +16.6k |
| Legal & General Group Plc 0.00% of their portfolio | 31.2k $588.6k | Added +28.1k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 29.4k $735.0k | New |
| MONTRUSCO BOLTON INVESTMENTS INC. 0.01% of their portfolio | 28.8k $542.8k | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 24.0k $453.4k | Added +205 |
| Invesco Ltd. 0.00% of their portfolio | 21.7k $409.5k | Added +1.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 20.4k $385.8k | Reduced -176 |
| UBS Group AG 0.00% of their portfolio | 19.4k $365.4k | Added +9.6k |
| BARCLAYS PLC 0.00% of their portfolio | 18.6k $352.0k | Reduced -4.4k |
| Ethic Inc. 0.01% of their portfolio | 17.4k $328.9k | Added +1.2k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 14.2k $268.4k | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 13.5k $254.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 13.3k $251.6k | Added +6.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 12.9k $243.6k | Reduced -227 |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 12.5k $236.3k | Reduced -22 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 12.4k $234.7k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 12.0k $225.7k | Reduced -5.0k |
| SCOTIA CAPITAL INC. 0.00% of their portfolio | 11.9k $223.4k | Reduced -67 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 11.8k $222.3k | Reduced -30.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 11.1k $210.2k | Added +891 |
| DORCHESTER WEALTH MANAGEMENT Co 0.03% of their portfolio | 11.0k $145.0k | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 10.8k $204.5k | Unchanged |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 9.9k $186.3k | Reduced -900 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 8.6k $163.3k | Reduced -1.0k |
| CITIGROUP INC 0.00% of their portfolio | 8.0k $150.2k | New |
| TORONTO DOMINION BANK 0.00% of their portfolio | 7.6k $144.0k | Added +5.3k |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 4.9k $92.0k | Reduced -432 |
| Carmel Capital Partners, LLC 0.04% of their portfolio | 4.3k $81.1k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 4.0k $75.0k | Added +458 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 3.6k $67.9k | Added +1.7k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 2.9k $54.9k | New |
| Spire Wealth Management 0.00% of their portfolio | 2.6k $49.4k | Added +522 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.5k $47.3k | Reduced -56 |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 2.0k $37.9k | Reduced -2.0k |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.9k $36.8k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 1.8k $33.0k | Unchanged |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 1.6k $31.2k | Unchanged |
| SHELL ASSET MANAGEMENT CO 0.00% of their portfolio | 1.6k $31.0k | New |
| SIGNATUREFD, LLC 0.00% of their portfolio | 1.1k $21.7k | Added +946 |
| Pacifica Partners Inc. 0.01% of their portfolio | 906 $17.3k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 590 $11.1k | Added +6 |
| FMR LLC 0.00% of their portfolio | 546 $10.3k | Reduced -90 |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 395 $7.5k | Reduced -346 |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 299 $5.6k | Added +293 |
| North Star Investment Management Corp. 0.00% of their portfolio | 260 $4.9k | Added +20 |
| Princeton Global Asset Management LLC 0.00% of their portfolio | 162 $3.1k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 100 $1.9k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 83 $1.6k | Unchanged |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 64 $1.2k | New |
| CWM, LLC 0.00% of their portfolio | 36 $1.0k | New |
| Financial Perspectives, Inc 0.00% of their portfolio | 20 $378 | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 17 $321 | Unchanged |
| Retirement Group, LLC 0.00% of their portfolio | 17 $321 | Unchanged |
| Investment Research & Advisory Group, Inc. 0.00% of their portfolio | 15 $283 | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 14 $264 | New |
| Lindbrook Capital, LLC 0.00% of their portfolio | 14 $264 | Unchanged |
| Covestor Ltd 0.00% of their portfolio | 7 $0 | New |
| Robinswood Financial LLC 0.00% of their portfolio | 2 $37 | First filing |
| WHITTIER TRUST CO 0.00% of their portfolio | 1 $18 | Unchanged |
| Ridgewood Investments LLC 0.00% of their portfolio | 1 $23 | Unchanged |
| Kelly Financial Services LLC 0.00% of their portfolio | 1 $19 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |