Vault-13

BROOKFIELD CORP BN

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

Asset management company based in Canada

672 institutional holders +57 vs Q3 2023
1,023,001,3041.0bn shares reported held*
$41.1bnreported value*
89 new 170 added 261 reduced 47 sold out net bought ≈ $1.2bn (+31.4m 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 ($459.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.19. Options: 11 managers hold calls ($37.4m notional), 11 hold puts ($56.9m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 3Q4 22: 632Q1 23: 617Q2 23: 603Q3 23: 615Q4 23: 672672Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20223
Q4 2022632
Q1 2023617
Q2 2023603
Q3 2023615
Q4 2023672

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 23Q4 23: 259 bought or addedQ4 23: 308 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225952
Q1 2023290264
Q2 2023256276
Q3 2023294211
Q4 2023259308

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ1 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 0.44Q4 23 calls: $37.4mQ4 23 puts: $56.9mQ4 23P/C 1.52
Numbers
QuarterCallsPutsP/C
Q1 2023$44.5m$85.8m1.93
Q2 2023$30.4m$39.6m1.30
Q3 2023$46.4m$20.3m0.44
Q4 2023$37.4m$56.9m1.52

Biggest buyers

Brookfield Corp /ON/ Added +32,933,960+32.9m
Capital World Investors Added +24,975,364+25.0m
Soroban Capital Partners LP Added +7,373,993+7.4m
MORGAN STANLEY Added +6,905,029+6.9m
GOLDMAN SACHS GROUP INC Added +6,540,475+6.5m
JPMORGAN CHASE & CO Added +5,737,840+5.7m
TD Asset Management Inc Added +3,702,266+3.7m
Blacksheep Fund Management Ltd New +2,537,384+2.5m
Clearbridge Investments, LLC New +2,222,170+2.2m
Bank of New York Mellon Corp Added +1,149,189+1.1m

Biggest sellers

Partners Value Investments L.P. Reduced -12,754,027-12.8m
TORONTO DOMINION BANK Reduced -10,976,505-11.0m
ROYAL BANK OF CANADA Reduced -5,916,673-5.9m
FIL Ltd Reduced -3,882,558-3.9m
Beutel, Goodman & Co Ltd. Reduced -3,659,494-3.7m
FRANKLIN RESOURCES INC Reduced -2,838,867-2.8m
BANK OF NOVA SCOTIA Reduced -2,786,730-2.8m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -2,780,679-2.8m
EdgePoint Investment Group Inc. Reduced -2,652,706-2.7m
Fiera Capital Corp Reduced -2,440,458-2.4m

Biggest calls

ROYAL BANK OF CANADA Added $10.4m260.0k shares
CITADEL ADVISORS LLC Added $10.1m251.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.6m140.2k shares
BANK OF MONTREAL /CAN/ Added $3.7m92.6k shares
SIMPLEX TRADING, LLC Added $3.7m93.1k shares
WOLVERINE TRADING, LLC Added $1.4m34.9k shares
GROUP ONE TRADING LLC Reduced $1.0m25.4k shares
CAPITAL FUND MANAGEMENT S.A. New $738.2k18.4k shares
Twin Tree Management, LP New $613.8k15.3k shares
DRW Securities, LLC New $24.1k12.5k shares

Biggest puts

BANK OF MONTREAL /CAN/ New $28.2m700.0k shares
Twin Tree Management, LP New $6.3m155.8k shares
CITADEL ADVISORS LLC Reduced $6.1m150.8k shares
Hiddenite Capital Partners LP New $6.0m150.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.6m90.0k shares
CAPITAL FUND MANAGEMENT S.A. Added $2.5m62.5k shares
Jefferies Financial Group Inc. Reduced $1.9m47.5k shares
WOLVERINE TRADING, LLC Added $906.7k22.6k shares
SIMPLEX TRADING, LLC Added $830.0k24.1k shares
GROUP ONE TRADING LLC Added $654.0k16.3k 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 Q4 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 Q4 2023.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Partners Value Investments L.P. 74.54% of their portfolio Hamilton, D0 120,968,883121.0m $4.9bn $4.9bn 74.54% Reduced -12.8m -12,754,027
2 ROYAL BANK OF CANADA 0.99% of their portfolio TORONTO, A6 99,769,40999.8m $4.0bn $4.0bn 0.99% Reduced -5.9m -5,916,673
3 PRINCIPAL FINANCIAL GROUP INC 1.62% of their portfolio DES MOINES, IA 63,308,90163.3m $2.5bn $2.5bn 1.62% Reduced -426.0k -425,963
4 VANGUARD GROUP INC 0.05% of their portfolio Valley Forge, PA 56,417,19856.4m $2.3bn $2.3bn 0.05% Added +987.5k +987,520
5 BANK OF MONTREAL /CAN/ 0.70% of their portfolio TORONTO, A6 53,507,51853.5m $2.2bn $2.2bn 0.70% Reduced -1.7m -1,670,017
6 Capital World Investors 0.35% of their portfolio LOS ANGELES, CA 49,424,52249.4m $2.0bn $2.0bn 0.35% Added +25.0m +24,975,364
7 Brookfield Corp /ON/ 7.54% of their portfolio TORONTO, A6 32,934,57432.9m $1.3bn $1.3bn 7.54% Added +32.9m +32,933,960
8 TD Asset Management Inc 1.05% of their portfolio Toronto, A6 26,542,98326.5m $1.1bn $1.1bn 1.05% Added +3.7m +3,702,266
9 JARISLOWSKY, FRASER Ltd 5.33% of their portfolio MONTREAL, A8 22,503,59222.5m $907.1m $907.1m 5.33% Reduced -566.6k -566,586
10 1832 Asset Management L.P. 1.69% of their portfolio TORONTO, A6 22,306,53822.3m $894.9m $894.9m 1.69% Reduced -514.1k -514,081
11 MACKENZIE FINANCIAL CORP 1.16% of their portfolio TORONTO ONTARIO, A6 19,215,63619.2m $771.1m $771.1m 1.16% Reduced -56.0k -56,045
12 AKRE CAPITAL MANAGEMENT LLC 6.09% of their portfolio Middleburg, VA 18,053,49118.1m $724.3m $724.3m 6.09% Reduced -91.2k -91,160
13 FIRST MANHATTAN CO. LLC. 2.50% of their portfolio NEW YORK, NY 17,950,28718.0m $720.2m $720.2m 2.50% Reduced -370.1k -370,108
14 BANK OF NOVA SCOTIA 1.32% of their portfolio TORONTO, A6 17,525,75617.5m $703.4m $703.4m 1.32% Reduced -2.8m -2,786,730
15 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.39% of their portfolio Toronto, A6 16,452,62016.5m $660.4m $660.4m 0.39% Reduced -2.8m -2,780,679
16 CIBC Asset Management Inc 2.44% of their portfolio TORONTO, Z4 16,187,79516.2m $651.4m $651.4m 2.44% Added +1.1m +1,098,854
17 NORGES BANK 0.11% of their portfolio OSLO, Q8 15,308,43915.3m $614.1m $614.1m 0.11% Reduced -577.2k -577,206
18 EdgePoint Investment Group Inc. 4.86% of their portfolio TORONTO, A6 13,981,05914.0m $560.8m $560.8m 4.86% Reduced -2.7m -2,652,706
19 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 13,750,74213.8m $551.7m $551.7m 0.02% Added +6.9m +6,905,029
20 GOLDMAN SACHS GROUP INC 0.11% of their portfolio NEW YORK, NY 12,365,92212.4m $496.1m $496.1m 0.11% Added +6.5m +6,540,475
21 FIL Ltd 0.49% of their portfolio HAMILTON, D0 11,735,43211.7m $470.7m $470.7m 0.49% Reduced -3.9m -3,882,558
22 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 11,578,91011.6m $464.6m $464.6m 0.02% Added +5.7m +5,737,840
23 FMR LLC 0.03% of their portfolio BOSTON, MA 10,697,59510.7m $429.1m $429.1m 0.03% Added +671.6k +671,617
24 CIBC WORLD MARKET INC. 1.18% of their portfolio TORONTO, A6 10,409,47310.4m $417.6m $417.6m 1.18% Reduced -957.5k -957,540
25 DAVENPORT & Co LLC 2.88% of their portfolio RICHMOND, VA 10,335,44310.3m $416.3m $416.3m 2.88% Added +795.3k +795,309
26 Soroban Capital Partners LP 4.99% of their portfolio New York, NY 10,060,58610.1m $403.6m $403.6m 4.99% Added +7.4m +7,373,993
27 TORONTO DOMINION BANK 0.58% of their portfolio TORONTO, ONTARIO, A6 9,985,59510.0m $400.6m $400.6m 0.58% Reduced -11.0m -10,976,505
28 Beutel, Goodman & Co Ltd. 1.99% of their portfolio TORONTO, A6 9,314,5119.3m $375.4m $375.4m 1.99% Reduced -3.7m -3,659,494
29 Markel Group Inc. 3.80% of their portfolio Glen Allen, VA 8,715,7418.7m $349.7m $349.7m 3.80% Unchanged
30 NEUBERGER BERMAN GROUP LLC 0.24% of their portfolio NEW YORK, NY 6,905,7846.9m $277.1m $277.1m 0.24% Reduced -865.8k -865,824
31 Connor, Clark & Lunn Investment Management Ltd. 1.25% of their portfolio VANCOUVER, A1 6,664,6976.7m $267.3m $267.3m 1.25% Added +389.9k +389,861
32 SCOTIA CAPITAL INC. 1.70% of their portfolio TORONTO, A6 6,577,9646.6m $263.5m $263.5m 1.70% Reduced -39.5k -39,461
33 Invesco Ltd. 0.06% of their portfolio ATLANTA, GA 6,238,9796.2m $250.3m $250.3m 0.06% Reduced -681.2k -681,157
34 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 5,952,4996.0m $238.8m $238.8m 0.03% Added +122.2k +122,241
35 COOKE & BIELER LP 2.09% of their portfolio PHILADELPHIA, PA 5,912,4345.9m $237.2m $237.2m 2.09% Reduced -1.6m -1,560,133
36 GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio BOSTON, MA 5,253,4395.3m $211.3m $211.3m 0.02% Added +137.7k +137,668
37 Scharf Investments, LLC 5.62% of their portfolio LOS GATOS, CA 5,107,8265.1m $204.9m $204.9m 5.62% Added +16.1k +16,065
38 Federation des caisses Desjardins du Quebec 1.67% of their portfolio LEVIS, A8 4,398,1434.4m $178.9m $178.9m 1.67% Reduced -188.9k -188,944
39 NOVO HOLDINGS A/S 9.61% of their portfolio HELLERUP, G7 3,880,2303.9m $155.7m $155.7m 9.61% Unchanged
40 Caisse de depot et placement du Quebec 0.40% of their portfolio Montreal, A8 3,856,8233.9m $155.5m $155.5m 0.40% Added +256.2k +256,216
41 TD Waterhouse Canada Inc. 1.80% of their portfolio TORONTO, A6 3,779,6923.8m $192.9m $192.9m 1.80% Reduced -96.1k -96,105
42 Alberta Investment Management Corp 1.41% of their portfolio EDMONTON, A0 3,709,1913.7m $149.5m $149.5m 1.41% Added +13.7k +13,720
43 Sumitomo Mitsui Trust Group, Inc. 0.10% of their portfolio CHIYODA-KU, TOKYO, M0 3,259,8663.3m $131.2m $131.2m 0.10% Reduced -325.5k -325,457
44 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 3,247,7323.2m $131.7m $131.7m 0.04% Reduced -97.2k -97,175
45 NATIONAL BANK OF CANADA /FI/ 0.22% of their portfolio MONTREAL, A8 3,172,9623.2m $123.0m $123.0m 0.22% Reduced -278.7k -278,663
46 BESSEMER GROUP INC 0.24% of their portfolio WOODBRIDGE, NJ 3,102,1703.1m $124.5m $124.5m 0.24% Reduced -199.0k -199,041
47 CI INVESTMENTS INC. 0.63% of their portfolio TORONTO, Z4 3,051,7253.1m $122.7m $122.7m 0.63% Reduced -21.4k -21,399
48 CHECK CAPITAL MANAGEMENT INC/CA 9.69% of their portfolio COSTA MESA, CA 3,026,0723.0m $121.4m $121.4m 9.69% Reduced -12.3k -12,257
49 Corient Private Wealth LP 0.22% of their portfolio MIAMI, FL 2,985,8913.0m $119.8m $119.8m 0.22% Reduced -86.4k -86,368
50 M&G INVESTMENT MANAGEMENT LTD 0.71% of their portfolio London, X0 2,980,9183.0m $119.2m $119.2m 0.71% Added +402.1k +402,088
51 AGF MANAGEMENT LTD 0.69% of their portfolio TORONTO, A6 2,929,1142.9m $117.8m $117.8m 0.69% Reduced -729.4k -729,448
52 Aristotle Capital Management, LLC 0.23% of their portfolio LOS ANGELES, CA 2,884,3242.9m $115.7m $115.7m 0.23% Added +48.6k +48,578
53 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 2,842,0642.8m $114.0m $114.0m 0.03% Added +53.9k +53,862
54 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 2,805,9652.8m $112.6m $112.6m 0.02% Added +1.1m +1,149,189
55 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio Boston, MA 2,757,0452.8m $110.5m $110.5m 0.04% Added +9.2k +9,232
56 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,612,2512.6m $104.9m $104.9m 0.03% Added +27.3k +27,313
57 Fenimore Asset Management Inc 2.42% of their portfolio Cobleskill, NY 2,599,6702.6m $104.3m $104.3m 2.42% Reduced -5.7k -5,712
58 CANADA PENSION PLAN INVESTMENT BOARD 0.13% of their portfolio TORONTO ONTARIO, A6 2,568,4902.6m $103.5m $103.5m 0.13% Unchanged
59 Blacksheep Fund Management Ltd 40.29% of their portfolio Co. Dublin, L2 2,537,3842.5m $101.8m $101.8m 40.29% New
60 CIBC Private Wealth Group LLC 0.21% of their portfolio ATLANTA, GA 2,519,9332.5m $101.1m $101.1m 0.21% Reduced -30.1k -30,070
61 TIMUCUAN ASSET MANAGEMENT INC/FL 3.52% of their portfolio JACKSONVILLE, FL 2,508,2922.5m $100.6m $100.6m 3.52% Reduced -80.6k -80,596
62 GUARDIAN CAPITAL LP 3.39% of their portfolio TORONTO, A6 2,342,5172.3m $94.4m $94.4m 3.39% Reduced -299.0k -299,017
63 Cardinal Capital Management, Inc. 4.44% of their portfolio WINNIPEG, A2 2,331,9422.3m $93.8m $93.8m 4.44% Reduced -15.1k -15,062
64 Madison Asset Management, LLC 1.26% of their portfolio MADISON, WI 2,318,3042.3m $93.0m $93.0m 1.26% Added +47.9k +47,949
65 OMERS ADMINISTRATION Corp 1.17% of their portfolio TORONTO, A6 2,317,7892.3m $93.0m $93.0m 1.17% Unchanged
66 CREDIT SUISSE AG/ 0.09% of their portfolio ZURICH, V8 2,287,5992.3m $91.8m $91.8m 0.09% Added +17.7k +17,724
67 Burgundy Asset Management Ltd. 0.99% of their portfolio Toronto, A6 2,224,8332.2m $89.4m $89.4m 0.99% Reduced -27.0k -27,023
68 Clearbridge Investments, LLC 0.08% of their portfolio NEW YORK, NY 2,222,1702.2m $89.2m $89.2m 0.08% New
69 MCDONALD CAPITAL INVESTORS INC/CA 6.02% of their portfolio ORINDA, CA 2,151,8172.2m $86.3m $86.3m 6.02% Reduced -24.4k -24,435
70 Marathon Asset Management Ltd 2.34% of their portfolio London, X0 2,065,8752.1m $83.3m $83.3m 2.34% Reduced -192.6k -192,583
71 Cannell & Co. 2.53% of their portfolio New York, NY 1,988,2482.0m $79.8m $79.8m 2.53% Reduced -44.5k -44,534
72 Addenda Capital Inc. 3.88% of their portfolio MONTREAL, A8 1,869,1921.9m $99.3m $99.3m 3.88% Added +8.4k +8,352
73 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,788,8401.8m $71.8m $71.8m 0.03% Reduced -60.0k -60,031
74 Dixon Mitchell Investment Counsel Inc. 3.67% of their portfolio VANCOUVER, A1 1,712,7621.7m $69.1m $69.1m 3.67% Reduced -5.3k -5,320
75 GREENLEA LANE CAPITAL MANAGEMENT, LLC 20.07% of their portfolio WESTON, CT 1,615,2201.6m $64.8m $64.8m 20.07% Added +55.2k +55,211
76 Broad Run Investment Management, LLC 8.62% of their portfolio ARLINGTON, VA 1,607,6991.6m $64.5m $64.5m 8.62% Reduced -310.5k -310,530
77 Scheer, Rowlett & Associates Investment Management Ltd. 4.67% of their portfolio TORONTO, A6 1,540,6181.5m $61.8m $61.8m 4.67% Reduced -31.5k -31,539
78 BRUNI J V & CO /CO 7.52% of their portfolio COLORADO SPRINGS, CO 1,511,0061.5m $60.6m $60.6m 7.52% Added +1.4k +1,401
79 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 1,446,3361.4m $58.0m $58.0m 0.04% Reduced -36.2k -36,158
80 Sather Financial Group Inc 4.13% of their portfolio Victoria, TX 1,391,2101.4m $55.8m $55.8m 4.13% Added +11.4k +11,379
81 DEUTSCHE BANK AG\ 0.03% of their portfolio FRANKFURT AM MAIN, 2M 1,341,3341.3m $53.8m $53.8m 0.03% Reduced -138.2k -138,173
82 CIDEL ASSET MANAGEMENT INC 2.31% of their portfolio TORONTO, A6 1,340,5981.3m $54.0m $54.0m 2.31% Reduced -381.0k -380,992
83 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.75% of their portfolio ST. LOUIS, MO 1,331,1821.3m $53.4m $53.4m 0.75% Reduced -43.7k -43,731
84 STIFEL FINANCIAL CORP 0.07% of their portfolio ST. LOUIS, MO 1,325,9691.3m $53.2m $53.2m 0.07% Reduced -10.4k -10,421
85 Credential Qtrade Securities Inc. 3.12% of their portfolio VANCOUVER, A1 1,301,9651.3m $52.2m $52.2m 3.12% Added +16.9k +16,946
86 HORIZON KINETICS ASSET MANAGEMENT LLC 1.06% of their portfolio NEW YORK, NY 1,257,0061.3m $50.4m $50.4m 1.06% Reduced -28.0k -28,018
87 CITADEL ADVISORS LLC 0.05% of their portfolio MIAMI, FL 1,223,0561.2m $49.1m $49.1m 0.05% Added +487.3k +487,279
88 BAMCO INC /NY/ 0.13% of their portfolio NEW YORK, NY 1,207,2191.2m $48.4m $48.4m 0.13% Reduced -921.5k -921,478
89 Amundi 0.02% of their portfolio Paris, I0 1,205,8891.2m $47.2m $47.2m 0.02% Added +32.9k +32,916
90 INTACT INVESTMENT MANAGEMENT INC. 1.89% of their portfolio MONTREAL, A8 1,165,4801.2m $46.8m $46.8m 1.89% Reduced -410.7k -410,740
91 Korea Investment CORP 0.12% of their portfolio SEOUL, M5 1,105,1341.1m $44.5m $44.5m 0.12% Added +119.8k +119,758
92 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 1,100,9131.1m $44.2m $44.2m 0.01% Added +48.6k +48,610
93 Partners Group Holding AG 2.17% of their portfolio BAAR-ZUG, V8 1,083,8661.1m $43.5m $43.5m 2.17% Added +542.1k +542,128
94 NEW SOUTH CAPITAL MANAGEMENT INC 1.88% of their portfolio MEMPHIS, TN 1,076,4821.1m $43.2m $43.2m 1.88% Reduced -53.4k -53,429
95 Heritage Wealth Advisors 2.12% of their portfolio RICHMOND, VA 1,063,0551.1m $42.6m $42.6m 2.12% Added +93.2k +93,201
96 HughesLittle Investment Management Ltd. 11.04% of their portfolio Vancouver, A1 1,038,1901.0m $41.7m $41.7m 11.04% Unchanged
97 LAZARD ASSET MANAGEMENT LLC 0.05% of their portfolio NEW YORK, NY 1,029,4211.0m $41.3m $41.3m 0.05% Added +272.6k +272,556
98 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 4.96% of their portfolio MISSISSAUGA, A6 1,019,9861.0m $40.9m $40.9m 4.96% Reduced -190.8k -190,774
99 HSBC HOLDINGS PLC 0.04% of their portfolio LONDON, X0 962,751962.8k $38.6m $38.6m 0.04% Added +186.1k +186,148
100 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 939,018939.0k $37.7m $37.7m 0.01% Added +17.0k +16,966