Vault-13

BROOKFIELD BUSINESS CORP

CL A EXC SUB VTG · Common Stock · CUSIP 11259V106

102 institutional holders -9 vs Q1 2024
65,589,16765.6m shares reported held*
$1.3bnreported value*
8 new 34 added 31 reduced 16 sold out net sold ≈ $4.2m (-196.8k 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 ($69.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $20.49. Options: 2 managers hold calls ($14.3k notional), 2 hold puts ($8.2k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 86Q4 22: 85Q1 23: 78Q2 23: 86Q3 23: 95Q4 23: 104Q1 24: 111Q2 24: 102102Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202286
Q4 202285
Q1 202378
Q2 202386
Q3 202395
Q4 2023104
Q1 2024111
Q2 2024102

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 22: 33 bought or addedQ4 22: 37 cut or sold outQ4 22Q1 23: 36 bought or addedQ1 23: 37 cut or sold outQ2 23: 43 bought or addedQ2 23: 28 cut or sold outQ2 23Q3 23: 42 bought or addedQ3 23: 35 cut or sold outQ4 23: 49 bought or addedQ4 23: 39 cut or sold outQ4 23Q1 24: 41 bought or addedQ1 24: 46 cut or sold outQ2 24: 42 bought or addedQ2 24: 47 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223337
Q1 20233637
Q2 20234328
Q3 20234235
Q4 20234939
Q1 20244146
Q2 20244247

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10k$20k$30kQ3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —Q1 24 calls: $26.6kQ1 24 puts: $7.2kQ1 24P/C 0.27Q2 24 calls: $14.3kQ2 24 puts: $8.2kQ2 24P/C 0.57
Numbers
QuarterCallsPutsP/C
Q3 2023$0$0—
Q4 2023$0$0—
Q1 2024$26.6k$7.2k0.27
Q2 2024$14.3k$8.2k0.57

Biggest buyers

BlackRock Inc. Added +237,721+237.7k
JANE STREET GROUP, LLC Added +54,926+54.9k
GOLDMAN SACHS GROUP INC Added +48,243+48.2k
Invesco Ltd. Added +42,988+43.0k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +42,193+42.2k
GEODE CAPITAL MANAGEMENT, LLC Added +27,152+27.2k
Bank of New York Mellon Corp Added +24,316+24.3k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +22,631+22.6k
CITADEL ADVISORS LLC Added +20,319+20.3k
Creative Planning Added +17,124+17.1k

Biggest sellers

MORGAN STANLEY Reduced -161,176-161.2k
Connor, Clark & Lunn Investment Management Ltd. Sold out -152,900-152.9k
CIBC Asset Management Inc Reduced -120,174-120.2k
TD Asset Management Inc Sold out -50,200-50.2k
Timelo Investment Management Inc. Sold out -42,800-42.8k
JPMORGAN CHASE & CO Reduced -38,182-38.2k
VANGUARD GROUP INC Reduced -35,364-35.4k
ROYAL BANK OF CANADA Reduced -27,921-27.9k
Beutel, Goodman & Co Ltd. Reduced -19,470-19.5k
UBS Group AG Reduced -18,280-18.3k

Biggest calls

CITADEL ADVISORS LLC Reduced $14.3k700 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $8.2k400 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

HolderStakeChangeShares Last filed
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% +31.5 pts 68.2m 2026-03-30

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Brookfield Corp /ON/ 6.05% of their portfolio TORONTO, A6 47,244,87647.2m $964.7m $964.7m 6.05% Unchanged
2 OMERS ADMINISTRATION Corp 1.23% of their portfolio TORONTO, A6 6,019,6816.0m $128.1m $128.1m 1.23% Unchanged
3 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,791,4881.8m $36.6m $36.6m 0.01% Reduced -27.9k -27,921
4 BlackRock Inc. 0.00% of their portfolio New York, NY 1,567,2991.6m $32.0m $32.0m 0.00% Added +237.7k +237,721
5 CIBC Asset Management Inc 0.10% of their portfolio TORONTO, Z4 1,412,9321.4m $29.0m $29.0m 0.10% Reduced -120.2k -120,174
6 PRIVATE MANAGEMENT GROUP INC 1.09% of their portfolio IRVINE, CA 1,384,3521.4m $28.3m $28.3m 1.09% Reduced -10.3k -10,305
7 CI INVESTMENTS INC. 0.09% of their portfolio TORONTO, Z4 1,079,9681.1m $22.1m $22.1m 0.09% Reduced -1.2k -1,224
8 Partners Value Investments L.P. 0.23% of their portfolio Hamilton, D0 757,259757.3k $15.5m $15.5m 0.23% Unchanged
9 Beutel, Goodman & Co Ltd. 0.06% of their portfolio TORONTO, A6 514,400514.4k $10.6m $10.6m 0.06% Reduced -19.5k -19,470
10 1832 Asset Management L.P. 0.02% of their portfolio TORONTO, A6 451,657451.7k $9.2m $9.2m 0.02% Reduced -458 -458
11 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 410,622410.6k $8.0m $8.0m 0.00% Reduced -8.6k -8,613
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 385,875385.9k $7.9m $7.9m 0.00% Added +8.8k +8,832
13 TD Waterhouse Canada Inc. 0.06% of their portfolio TORONTO, A6 341,585341.6k $6.9m $6.9m 0.06% Added +9.2k +9,175
14 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 325,875325.9k $6.7m $6.7m 0.00% Added +27.2k +27,152
15 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 152,977153.0k $3.1m $3.1m 0.00% Reduced -10.6k -10,553
16 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 149,349149.3k $3.0m $3.0m 0.00% Reduced -35.4k -35,364
17 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 145,906145.9k $3.0m $3.0m 0.00% Added +43.0k +42,988
18 DORCHESTER WEALTH MANAGEMENT Co 0.46% of their portfolio MONTREAL, A8 120,442120.4k $2.4m $2.4m 0.46% Added +4.0k +3,980
19 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 107,077107.1k $2.2m $2.2m 0.00% Added +3.3k +3,315
20 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 100,531100.5k $2.1m $2.1m 0.01% Reduced -2.2k -2,210
21 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 90,77790.8k $1.9m $1.9m 0.00% Added +24.3k +24,316
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 90,13790.1k $1.8m $1.8m 0.00% Reduced -161.2k -161,176
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 81,60681.6k $1.7m $1.7m 0.00% Added +22.6k +22,631
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 75,23975.2k $1.5m $1.5m 0.00% Added +48.2k +48,243
25 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 65,08365.1k $1.3m $1.3m 0.00% Added +54.9k +54,926
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 64,99265.0k $1.3m $1.3m 0.00% Reduced -38.2k -38,182
27 TANDEM CAPITAL MANAGEMENT CORP /ADV 0.65% of their portfolio WOODCLIFF LAKE, NJ 59,55459.6k $1.2m $1.2m 0.65% Reduced -3.0k -3,045
28 Swiss National Bank 0.00% of their portfolio ZURICH, V8 57,88757.9k $1.2m $1.2m 0.00% Added +7.2k +7,200
29 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 43,56143.6k $889.5k $889.5k 0.00% Reduced -4.7k -4,654
30 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 42,66442.7k $871.2k $871.2k 0.00% Added +42.2k +42,193
31 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 30,82030.8k $629.3k $629.3k 0.00% Unchanged
32 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 30,34830.3k $619.7k $619.7k 0.00% Added +20.3k +20,319
33 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 28,36528.4k $579.2k $579.2k 0.00% Added +4.1k +4,143
34 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 27,87727.9k $569.2k $569.2k 0.00% Added +17.1k +17,124
35 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 25,67425.7k $524.3k $524.3k 0.00% Added +6.0k +6,039
36 Legal & General Group Plc 0.00% of their portfolio London, X0 24,43624.4k $501.7k $501.7k 0.00% Reduced -2.2k -2,230
37 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 24,19624.2k $494.1k $494.1k 0.00% Reduced -11.3k -11,349
38 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 22,07522.1k $453.5k $453.5k 0.00% Added +20 +20
39 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 21,42121.4k $437.4k $437.4k 0.00% Reduced -2.1k -2,100
40 JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio FLORHAM PARK, NJ 19,37619.4k $395.7k $395.7k 0.00% Added +9.3k +9,343
41 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 15,56415.6k $317.8k $317.8k 0.00% Added +1.3k +1,349
42 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 13,96514.0k $285.2k $285.2k 0.00% First filing
43 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 13,01613.0k $265.8k $265.8k 0.00% First filing
44 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 12,75312.8k $260.4k $260.4k 0.00% Reduced -1.5k -1,459
45 UBS Group AG 0.00% of their portfolio ZURICH, V8 12,75312.8k $260.4k $260.4k 0.00% Reduced -18.3k -18,280
46 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 12,71712.7k $263.5k $263.5k 0.00% Added +3.8k +3,775
47 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11,83211.8k $241.6k $241.6k 0.00% Added +3.8k +3,788
48 BFSG, LLC 0.03% of their portfolio IRVINE, CA 10,95511.0k $223.7k $223.7k 0.03% Unchanged
49 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 10,60010.6k $216.5k $216.5k 0.00% Reduced -15.8k -15,800
50 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 10,23810.2k $209.1k $209.1k 0.00% Added +582 +582
51 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 9,7199.7k $198.5k $198.5k 0.00% Reduced -403 -403
52 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 8,4188.4k $167.6k $167.6k 0.00% Added +2.8k +2,848
53 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 6,8006.8k $137.0k $137.0k 0.00% Reduced -48 -48
54 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,4616.5k $132.7k $132.7k 0.00% Added +1.8k +1,779
55 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 6,3806.4k $130.0k $130.0k 0.00% New
56 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 6,3136.3k $128.9k $128.9k 0.00% Added +5.7k +5,660
57 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 4,5624.6k $93.2k $93.2k 0.00% New
58 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 3,7513.8k $76.6k $76.6k 0.00% Unchanged
59 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 3,3843.4k $69.1k $69.1k 0.00% Added +2.9k +2,862
60 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 3,1053.1k $63.4k $63.4k 0.00% Reduced -180 -180
61 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 2,9092.9k $59.4k $59.4k 0.00% Unchanged
62 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 2,5642.6k $52.4k $52.4k 0.00% Unchanged
63 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 1,8811.9k $38.4k $38.4k 0.00% Reduced -733 -733
64 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1,6501.6k $33.7k $33.7k 0.00% Unchanged
65 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 1,4301.4k $29.2k $29.2k 0.00% Added +711 +711
66 Allspring Global Investments Holdings, LLC 0.00% of their portfolio CHARLOTTE, NC 977977 $19.9k $19.9k 0.00% Unchanged
67 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 902902 $18.0k $18.0k 0.00% Unchanged
68 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 850850 $17.0k $17.0k 0.00% New
69 Aviso Financial Inc. 0.00% of their portfolio TORONTO, A6 744744 $14.8k $14.8k 0.00% First filing
70 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 664664 $13.0k $13.0k 0.00% Reduced -313 -313
71 CWM, LLC 0.00% of their portfolio OMAHA, NE 654654 $13.0k $13.0k 0.00% Reduced -198 -198
72 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 589589 $12.0k $12.0k 0.00% Added +19 +19
73 Lindbrook Capital, LLC 0.00% of their portfolio CALABASAS, CA 414414 $8.5k $8.5k 0.00% Added +221 +221
74 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 375375 $7.7k $7.7k 0.00% Added +133 +133
75 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 363363 $7.4k $7.4k 0.00% New
76 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 340340 $7.0k $7.0k 0.00% Unchanged
77 North Star Investment Management Corp. 0.00% of their portfolio CHICAGO, IL 340340 $6.9k $6.9k 0.00% Unchanged
78 FMR LLC 0.00% of their portfolio BOSTON, MA 325325 $6.7k $6.7k 0.00% Reduced -183 -183
79 QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio CINCINNATI, OH 297297 $6.1k $6.1k 0.00% Reduced -6 -6
80 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 197197 $4.0k $4.0k 0.00% Reduced -40 -40
81 MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio Windsor, CT 168168 $3.4k $3.4k 0.00% Added +47 +47
82 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 7777 $1.6k $1.6k 0.00% Added +76 +76
83 Private Wealth Management Group, LLC 0.00% of their portfolio PRINCETON, NJ 5353 $1.1k $1.1k 0.00% New
84 FARMERS & MERCHANTS INVESTMENTS INC 0.00% of their portfolio LINCOLN, NE 3737 $756 $756 0.00% New
85 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 3434 $694 $694 0.00% Unchanged
86 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2424 $489 $489 0.00% Reduced -328 -328
87 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 2222 $442 $442 0.00% New
88 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 2020 $408 $408 0.00% Added +15 +15
89 Financial Perspectives, Inc 0.00% of their portfolio MINNEAPOLIS, MN 2020 $408 $408 0.00% Unchanged
90 Versant Capital Management, Inc 0.00% of their portfolio PHOENIX, AZ 1919 $388 $388 0.00% Unchanged
91 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1717 $347 $347 0.00% Unchanged
92 Investment Research & Advisory Group, Inc. 0.00% of their portfolio ATLANTA, GA 1515 $306 $306 0.00% Unchanged
93 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1515 $303 $303 0.00% Unchanged
94 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1313 $284 $284 0.00% Unchanged
95 Briaud Financial Planning Inc 0.00% of their portfolio COLLEGE STATION, TX 1010 $0 $0 0.00% Unchanged
96 Pacifica Partners Inc. 0.00% of their portfolio SURREY, Z4 66 $118 $118 0.00% Reduced -900 -900
97 Covestor Ltd 0.00% of their portfolio LONDON, X0 55 $0 $0 0.00% Unchanged
98 Fortis Group Advisors, LLC 0.00% of their portfolio WESTWOOD, NJ 22 $41 $41 0.00% Unchanged
99 Robinswood Financial LLC 0.00% of their portfolio KIRKLAND, WA 22 $40 $40 0.00% Unchanged
100 Ridgewood Investments LLC 0.00% of their portfolio SPRINGFIELD, NJ 11 $25 $25 0.00% New