Vault-13

BROOKFIELD CORP BN

CL A LTD VT SH · Common Stock · CUSIP 11271J107 · ISIN CA11271J1075

Asset management company based in Canada

615 institutional holders +12 vs Q2 2023
989,818,639989.8m shares reported held*
$31.2bnreported value*
54 new 240 added 170 reduced 41 sold out net sold ≈ $3.9bn (-126.1m 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 ($369.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $31.57. Options: 12 managers hold calls ($46.4m notional), 12 hold puts ($20.3m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 3Q4 22: 632Q1 23: 617Q2 23: 603Q3 23: 615615Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 20223
Q4 2022632
Q1 2023617
Q2 2023603
Q3 2023615

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 595 bought or addedQ4 22: 2 cut or sold outQ4 22Q1 23: 290 bought or addedQ1 23: 264 cut or sold outQ1 23Q2 23: 256 bought or addedQ2 23: 276 cut or sold outQ2 23Q3 23: 294 bought or addedQ3 23: 211 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225952
Q1 2023290264
Q2 2023256276
Q3 2023294211

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ4 22 calls: $18.9mQ4 22 puts: $32.1mQ4 22P/C 1.70Q1 23 calls: $44.5mQ1 23 puts: $85.8mQ1 23P/C 1.93Q2 23 calls: $30.4mQ2 23 puts: $39.6mQ2 23P/C 1.30Q3 23 calls: $46.4mQ3 23 puts: $20.3mQ3 23P/C 0.44
Numbers
QuarterCallsPutsP/C
Q4 2022$18.9m$32.1m1.70
Q1 2023$44.5m$85.8m1.93
Q2 2023$30.4m$39.6m1.30
Q3 2023$46.4m$20.3m0.44

Biggest buyers

PRINCIPAL FINANCIAL GROUP INC Added +5,192,256+5.2m
NOVO HOLDINGS A/S New +3,880,230+3.9m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +3,331,522+3.3m
FMR LLC Added +2,752,801+2.8m
ROYAL BANK OF CANADA Added +2,752,434+2.8m
Soroban Capital Partners LP New +2,686,593+2.7m
DAVENPORT & Co LLC Added +1,357,479+1.4m
ENVESTNET ASSET MANAGEMENT INC Added +1,118,396+1.1m
VANGUARD GROUP INC Added +1,016,222+1.0m
LAZARD ASSET MANAGEMENT LLC New +756,865+756.9k

Biggest sellers

Brookfield Corp /ON/ Reduced -133,722,910-133.7m
FIL Ltd Reduced -5,680,692-5.7m
MACKENZIE FINANCIAL CORP Reduced -3,360,464-3.4m
CIBC Private Wealth Group LLC Reduced -3,052,969-3.1m
GOLDMAN SACHS GROUP INC Reduced -2,834,023-2.8m
Fiera Capital Corp Reduced -2,321,336-2.3m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Reduced -1,540,340-1.5m
BAMCO INC /NY/ Reduced -1,190,644-1.2m
RENAISSANCE TECHNOLOGIES LLC Sold out -1,095,263-1.1m
EdgePoint Investment Group Inc. Reduced -1,033,147-1.0m

Biggest calls

Waratah Capital Advisors Ltd. New $21.9m700.0k shares
SIG North Trading, ULC Added $6.4m205.2k shares
ROYAL BANK OF CANADA Reduced $5.9m187.8k shares
CITADEL ADVISORS LLC Reduced $5.3m168.4k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.9m92.0k shares
FIFTH LANE CAPITAL, LP New $1.1m30.0k shares
BANK OF MONTREAL /CAN/ New $995.0k27.7k shares
GROUP ONE TRADING LLC Added $975.6k31.2k shares
WOLVERINE TRADING, LLC New $728.6k23.3k shares
SIMPLEX TRADING, LLC Reduced $312.0k10.3k shares

Biggest puts

CITADEL ADVISORS LLC Added $6.1m194.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.7m181.3k shares
FIFTH LANE CAPITAL, LP New $1.8m50.0k shares
SIG North Trading, ULC Reduced $1.6m50.3k shares
Jefferies Financial Group Inc. Unchanged $1.6m50.0k shares
ROYAL BANK OF CANADA Reduced $1.4m44.0k shares
WOLVERINE TRADING, LLC New $553.5k17.7k shares
SIMPLEX TRADING, LLC Reduced $518.0k19.9k shares
CAPITAL FUND MANAGEMENT S.A. Added $447.2k14.3k shares
GROUP ONE TRADING LLC Added $381.5k12.2k 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.

Insider purchases and sales in Q3 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q3 2023.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Partners Value Investments L.P. 78.52% of their portfolio Hamilton, D0 133,722,910133.7m $4.2bn $4.2bn 78.52% First filing
2 ROYAL BANK OF CANADA 0.97% of their portfolio TORONTO, A6 105,686,082105.7m $3.3bn $3.3bn 0.97% Added +2.8m +2,752,434
3 PRINCIPAL FINANCIAL GROUP INC 1.43% of their portfolio DES MOINES, IA 63,734,86463.7m $2.0bn $2.0bn 1.43% Added +5.2m +5,192,256
4 VANGUARD GROUP INC 0.04% of their portfolio Valley Forge, PA 55,429,67855.4m $1.7bn $1.7bn 0.04% Added +1.0m +1,016,222
5 BANK OF MONTREAL /CAN/ 0.72% of their portfolio TORONTO, A6 55,177,53555.2m $2.0bn $2.0bn 0.72% Added +363.5k +363,493
6 Capital World Investors 0.15% of their portfolio LOS ANGELES, CA 24,449,15824.4m $764.6m $764.6m 0.15% Added +601.8k +601,834
7 JARISLOWSKY, FRASER Ltd 4.71% of their portfolio MONTREAL, A8 23,070,17823.1m $724.7m $724.7m 4.71% Reduced -218.1k -218,079
8 TD Asset Management Inc 0.87% of their portfolio Toronto, A6 22,840,71722.8m $717.5m $717.5m 0.87% Reduced -722.6k -722,606
9 1832 Asset Management L.P. 1.48% of their portfolio TORONTO, A6 22,820,61922.8m $713.6m $713.6m 1.48% Reduced -282.7k -282,671
10 TORONTO DOMINION BANK 0.54% of their portfolio TORONTO, ONTARIO, A6 20,962,10021.0m $655.5m $655.5m 0.54% Added +13.2k +13,176
11 BANK OF NOVA SCOTIA 1.68% of their portfolio TORONTO, A6 20,312,48620.3m $635.3m $635.3m 1.68% Added +242.6k +242,567
12 MACKENZIE FINANCIAL CORP 0.98% of their portfolio TORONTO ONTARIO, A6 19,271,68119.3m $580.4m $580.4m 0.98% Reduced -3.4m -3,360,464
13 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.35% of their portfolio Toronto, A6 19,233,29919.2m $603.0m $603.0m 0.35% Added +3.3m +3,331,522
14 FIRST MANHATTAN CO. LLC. 2.11% of their portfolio NEW YORK, NY 18,320,39518.3m $571.2m $571.2m 2.11% Added +541.6k +541,551
15 AKRE CAPITAL MANAGEMENT LLC 5.21% of their portfolio Middleburg, VA 18,144,65118.1m $567.4m $567.4m 5.21% Reduced -159.7k -159,662
16 EdgePoint Investment Group Inc. 4.97% of their portfolio TORONTO, A6 16,633,76516.6m $520.1m $520.1m 4.97% Reduced -1.0m -1,033,147
17 NORGES BANK 0.10% of their portfolio OSLO, Q8 15,885,64515.9m $496.7m $496.7m 0.10% Added +99.1k +99,108
18 FIL Ltd 0.58% of their portfolio HAMILTON, D0 15,617,99015.6m $488.3m $488.3m 0.58% Reduced -5.7m -5,680,692
19 CIBC Asset Management Inc 1.97% of their portfolio TORONTO, Z4 15,088,94115.1m $473.3m $473.3m 1.97% Reduced -530.4k -530,415
20 Beutel, Goodman & Co Ltd. 2.41% of their portfolio TORONTO, A6 12,974,00513.0m $407.5m $407.5m 2.41% Added +125.5k +125,460
21 CIBC WORLD MARKET INC. 1.28% of their portfolio TORONTO, A6 11,367,01311.4m $355.4m $355.4m 1.28% Added +334.1k +334,106
22 FMR LLC 0.03% of their portfolio BOSTON, MA 10,025,97810.0m $313.5m $313.5m 0.03% Added +2.8m +2,752,801
23 DAVENPORT & Co LLC 2.30% of their portfolio RICHMOND, VA 9,540,1349.5m $298.3m $298.3m 2.30% Added +1.4m +1,357,479
24 Markel Group Inc. 3.29% of their portfolio Glen Allen, VA 8,715,7418.7m $272.5m $272.5m 3.29% Unchanged
25 NEUBERGER BERMAN GROUP LLC 0.22% of their portfolio NEW YORK, NY 7,771,6087.8m $243.0m $243.0m 0.22% Added +86.1k +86,074
26 COOKE & BIELER LP 2.28% of their portfolio PHILADELPHIA, PA 7,472,5677.5m $233.7m $233.7m 2.28% Added +23.6k +23,567
27 Invesco Ltd. 0.06% of their portfolio ATLANTA, GA 6,920,1366.9m $216.4m $216.4m 0.06% Reduced -32.7k -32,740
28 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 6,845,7136.8m $214.1m $214.1m 0.02% Added +193.7k +193,724
29 SCOTIA CAPITAL INC. 1.49% of their portfolio TORONTO, A6 6,617,4256.6m $206.3m $206.3m 1.49% Reduced -135.6k -135,582
30 Connor, Clark & Lunn Investment Management Ltd. 1.03% of their portfolio VANCOUVER, A1 6,274,8366.3m $196.2m $196.2m 1.03% Reduced -36.4k -36,387
31 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 5,841,0705.8m $182.7m $182.7m 0.02% Added +273.5k +273,474
32 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 5,830,2585.8m $182.3m $182.3m 0.02% Reduced -239.4k -239,384
33 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 5,825,4475.8m $182.2m $182.2m 0.05% Reduced -2.8m -2,834,023
34 GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio BOSTON, MA 5,115,7715.1m $160.6m $160.6m 0.02% Added +244.1k +244,087
35 Scharf Investments, LLC 4.76% of their portfolio LOS GATOS, CA 5,091,7615.1m $159.2m $159.2m 4.76% Reduced -62.3k -62,263
36 Federation des caisses Desjardins du Quebec 1.50% of their portfolio LEVIS, A8 4,587,0874.6m $145.3m $145.3m 1.50% Reduced -69.7k -69,675
37 NOVO HOLDINGS A/S 8.97% of their portfolio HELLERUP, G7 3,880,2303.9m $121.3m $121.3m 8.97% New
38 TD Waterhouse Canada Inc. 1.65% of their portfolio TORONTO, A6 3,875,7973.9m $158.2m $158.2m 1.65% Reduced -70.0k -70,040
39 Alberta Investment Management Corp 1.24% of their portfolio EDMONTON, A0 3,695,4713.7m $116.1m $116.1m 1.24% Reduced -134.8k -134,800
40 AGF MANAGEMENT LTD 0.81% of their portfolio TORONTO, A6 3,658,5623.7m $114.4m $114.4m 0.81% Added +122.8k +122,753
41 Caisse de depot et placement du Quebec 0.33% of their portfolio Montreal, A8 3,600,6073.6m $113.1m $113.1m 0.33% Reduced -289.9k -289,893
42 FRANKLIN RESOURCES INC 0.06% of their portfolio San Mateo, CA 3,590,6963.6m $112.3m $112.3m 0.06% Added +34.2k +34,190
43 Sumitomo Mitsui Trust Group, Inc. 0.09% of their portfolio CHIYODA-KU, TOKYO, M0 3,585,3233.6m $112.4m $112.4m 0.09% Added +640.3k +640,326
44 NATIONAL BANK OF CANADA /FI/ 0.19% of their portfolio MONTREAL, A8 3,451,6253.5m $103.8m $103.8m 0.19% Added +58.7k +58,698
45 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 3,344,9073.3m $105.7m $105.7m 0.03% Added +326.1k +326,064
46 BESSEMER GROUP INC 0.23% of their portfolio WOODBRIDGE, NJ 3,301,2113.3m $103.2m $103.2m 0.23% Reduced -22.2k -22,225
47 CI INVESTMENTS INC. 0.54% of their portfolio TORONTO, Z4 3,073,1243.1m $96.1m $96.1m 0.54% Added +27.2k +27,219
48 Corient Private Wealth LP 0.22% of their portfolio MIAMI, FL 3,072,2593.1m $96.1m $96.1m 0.22% Added +39.7k +39,740
49 CHECK CAPITAL MANAGEMENT INC/CA 8.00% of their portfolio COSTA MESA, CA 3,038,3293.0m $95.0m $95.0m 8.00% Added +25.6k +25,606
50 Aristotle Capital Management, LLC 0.19% of their portfolio LOS ANGELES, CA 2,835,7462.8m $89.2m $89.2m 0.19% Added +26.3k +26,317
51 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 2,788,2022.8m $87.2m $87.2m 0.03% Added +491.9k +491,939
52 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio Boston, MA 2,747,8132.7m $85.9m $85.9m 0.03% Reduced -1.5m -1,540,340
53 Soroban Capital Partners LP 1.24% of their portfolio New York, NY 2,686,5932.7m $84.0m $84.0m 1.24% New
54 GUARDIAN CAPITAL LP 3.09% of their portfolio TORONTO, A6 2,641,5342.6m $83.0m $83.0m 3.09% Added +206.7k +206,688
55 Fenimore Asset Management Inc 2.12% of their portfolio Cobleskill, NY 2,605,3822.6m $81.5m $81.5m 2.12% Added +14.7k +14,712
56 TIMUCUAN ASSET MANAGEMENT INC/FL 3.25% of their portfolio JACKSONVILLE, FL 2,588,8882.6m $81.0m $81.0m 3.25% Reduced -8.1k -8,063
57 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,584,9382.6m $81.0m $81.0m 0.03% Added +133.4k +133,388
58 M&G INVESTMENT MANAGEMENT LTD 0.58% of their portfolio London, X0 2,578,8302.6m $79.9m $79.9m 0.58% Reduced -123.5k -123,500
59 CANADA PENSION PLAN INVESTMENT BOARD 0.12% of their portfolio TORONTO ONTARIO, A6 2,568,4902.6m $80.7m $80.7m 0.12% Unchanged
60 CIBC Private Wealth Group LLC 0.19% of their portfolio ATLANTA, GA 2,550,0032.6m $79.7m $79.7m 0.19% Reduced -3.1m -3,052,969
61 Fiera Capital Corp 0.25% of their portfolio MONTREAL, A8 2,497,2222.5m $78.3m $78.3m 0.25% Reduced -2.3m -2,321,336
62 Cardinal Capital Management, Inc. 3.83% of their portfolio WINNIPEG, A2 2,347,0042.3m $73.6m $73.6m 3.83% Added +135.1k +135,089
63 OMERS ADMINISTRATION Corp 1.09% of their portfolio TORONTO, A6 2,317,7892.3m $72.5m $72.5m 1.09% Unchanged
64 Madison Asset Management, LLC 1.04% of their portfolio MADISON, WI 2,270,3552.3m $71.0m $71.0m 1.04% Added +41.1k +41,058
65 CREDIT SUISSE AG/ 0.07% of their portfolio ZURICH, V8 2,269,8752.3m $71.0m $71.0m 0.07% Added +33.4k +33,390
66 Marathon Asset Management Ltd 2.20% of their portfolio London, X0 2,258,4582.3m $71.0m $71.0m 2.20% Reduced -286.7k -286,705
67 Burgundy Asset Management Ltd. 0.87% of their portfolio Toronto, A6 2,251,8562.3m $70.7m $70.7m 0.87% Reduced -9.3k -9,272
68 MCDONALD CAPITAL INVESTORS INC/CA 5.31% of their portfolio ORINDA, CA 2,176,2522.2m $68.1m $68.1m 5.31% Reduced -28.4k -28,394
69 BAMCO INC /NY/ 0.19% of their portfolio NEW YORK, NY 2,128,6972.1m $66.6m $66.6m 0.19% Reduced -1.2m -1,190,644
70 Cannell & Co. 2.18% of their portfolio New York, NY 2,032,7822.0m $63.6m $63.6m 2.18% Added +314.3k +314,290
71 Broad Run Investment Management, LLC 7.93% of their portfolio ARLINGTON, VA 1,918,2291.9m $60.0m $60.0m 7.93% Reduced -62.3k -62,269
72 Addenda Capital Inc. 3.44% of their portfolio MONTREAL, A8 1,860,8401.9m $79.0m $79.0m 3.44% Reduced -23.0k -23,039
73 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,848,8711.8m $57.8m $57.8m 0.03% Added +1.1m +1,118,396
74 CIDEL ASSET MANAGEMENT INC 2.70% of their portfolio TORONTO, A6 1,721,5901.7m $54.1m $54.1m 2.70% Reduced -67.3k -67,294
75 Dixon Mitchell Investment Counsel Inc. 3.26% of their portfolio VANCOUVER, A1 1,718,0821.7m $53.9m $53.9m 3.26% Reduced -4.4k -4,429
76 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,656,7761.7m $51.8m $51.8m 0.01% Reduced -49.8k -49,848
77 INTACT INVESTMENT MANAGEMENT INC. 2.13% of their portfolio MONTREAL, A8 1,576,2201.6m $49.3m $49.3m 2.13% Reduced -161.1k -161,080
78 Scheer, Rowlett & Associates Investment Management Ltd. 4.15% of their portfolio TORONTO, A6 1,572,1571.6m $49.2m $49.2m 4.15% Reduced -27.3k -27,280
79 GREENLEA LANE CAPITAL MANAGEMENT, LLC 17.48% of their portfolio WESTON, CT 1,560,0091.6m $48.8m $48.8m 17.48% Added +250.8k +250,779
80 BRUNI J V & CO /CO 6.64% of their portfolio COLORADO SPRINGS, CO 1,509,6051.5m $47.2m $47.2m 6.64% Added +56.5k +56,477
81 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 1,482,4941.5m $46.4m $46.4m 0.04% Added +241.0k +241,021
82 DEUTSCHE BANK AG\ 0.03% of their portfolio FRANKFURT AM MAIN, 2M 1,479,5071.5m $46.3m $46.3m 0.03% Added +82.7k +82,707
83 Sather Financial Group Inc 3.59% of their portfolio Victoria, TX 1,379,8311.4m $43.1m $43.1m 3.59% Added +61.0k +60,971
84 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.67% of their portfolio ST. LOUIS, MO 1,374,9131.4m $43.0m $43.0m 0.67% Reduced -24.8k -24,769
85 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 1,336,3901.3m $41.8m $41.8m 0.06% Added +59.1k +59,080
86 HORIZON KINETICS ASSET MANAGEMENT LLC 0.80% of their portfolio NEW YORK, NY 1,285,0241.3m $40.2m $40.2m 0.80% Reduced -28.3k -28,336
87 Credential Qtrade Securities Inc. 2.66% of their portfolio VANCOUVER, A1 1,285,0191.3m $40.2m $40.2m 2.66% Added +18.2k +18,182
88 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 4.58% of their portfolio MISSISSAUGA, A6 1,210,7601.2m $37.9m $37.9m 4.58% Reduced -88.4k -88,394
89 Amundi 0.02% of their portfolio Paris, I0 1,172,9731.2m $37.7m $37.7m 0.02% Added +87.6k +87,629
90 NEW SOUTH CAPITAL MANAGEMENT INC 1.69% of their portfolio MEMPHIS, TN 1,129,9111.1m $35.3m $35.3m 1.69% Added +640 +640
91 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 1,052,3031.1m $32.9m $32.9m 0.01% Reduced -61.8k -61,830
92 HughesLittle Investment Management Ltd. 10.34% of their portfolio Vancouver, A1 1,038,1901.0m $32.6m $32.6m 10.34% Reduced -5.4k -5,420
93 WHITEBOX ADVISORS LLC 1.56% of their portfolio MINNEAPOLIS, MN 1,013,9401.0m $31.7m $31.7m 1.56% Added +382.0k +382,045
94 Korea Investment CORP 0.09% of their portfolio SEOUL, M5 985,376985.4k $31.0m $31.0m 0.09% Added +185.8k +185,815
95 Heritage Wealth Advisors 1.65% of their portfolio RICHMOND, VA 969,854969.9k $30.3m $30.3m 1.65% Added +75.2k +75,229
96 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 922,052922.1k $28.8m $28.8m 0.01% Added +45.9k +45,911
97 Baskin Financial Services Inc. 2.88% of their portfolio TORONTO, A6 907,254907.3k $28.4m $28.4m 2.88% Added +541 +541
98 UBS Group AG 0.01% of their portfolio ZURICH, V8 870,908870.9k $27.2m $27.2m 0.01% Reduced -5.5k -5,490
99 Northwest & Ethical Investments L.P. 0.89% of their portfolio TORONTO, A6 844,488844.5k $26.4m $26.4m 0.89% Reduced -18.3k -18,328
100 State of Tennessee, Department of Treasury 0.10% of their portfolio NASHVILLE, TN 827,480827.5k $26.0m $26.0m 0.10% Unchanged