BROOKFIELD CORP BN
CL A LTD VT SH · Common Stock · CUSIP 11271J107 · ISIN CA11271J1075
Asset management company based in Canada
- SectorReal estate
- IndustryOpeators of Nonresidential Buildings
- HeadquartersToronto, Canada
- Founded1899
- Websitebrookfield.com
- FilingsSEC EDGAR
* 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 ($580.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.42. Options: 15 managers hold calls ($85.7m notional), 16 hold puts ($30.4m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 3 |
| Q4 2022 | 632 |
| Q1 2023 | 617 |
| Q2 2023 | 603 |
| Q3 2023 | 615 |
| Q4 2023 | 672 |
| Q1 2024 | 683 |
| Q2 2024 | 696 |
| Q3 2024 | 750 |
| Q4 2024 | 823 |
| Q1 2025 | 821 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 256 | 276 |
| Q3 2023 | 294 | 211 |
| Q4 2023 | 259 | 308 |
| Q1 2024 | 286 | 282 |
| Q2 2024 | 270 | 306 |
| Q3 2024 | 306 | 318 |
| Q4 2024 | 319 | 309 |
| Q1 2025 | 350 | 345 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $288.8m | $226.5m | 0.78 |
| Q3 2024 | $115.5m | $29.1m | 0.25 |
| Q4 2024 | $109.0m | $53.3m | 0.49 |
| Q1 2025 | $85.7m | $30.4m | 0.35 |
Biggest buyers
| Brookfield Corp /ON/ | Added | +31.0m |
| Capital World Investors | Added | +6.3m |
| Pershing Square Capital Management, L.P. | Added | +6.1m |
| GOLDMAN SACHS GROUP INC | Added | +3.5m |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA | Added | +3.3m |
| BANK OF AMERICA CORP /DE/ | Added | +1.5m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.2m |
| BAILLIE GIFFORD & CO | Added | +1.1m |
| VANGUARD GROUP INC | Added | +988.4k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Added | +898.0k |
Biggest sellers
| MACKENZIE FINANCIAL CORP | Reduced | -34.1m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -5.7m |
| Select Equity Group, L.P. | Reduced | -4.3m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Sold out | -3.8m |
| ROYAL BANK OF CANADA | Reduced | -3.2m |
| 1832 Asset Management L.P. | Reduced | -2.9m |
| BANK OF MONTREAL /CAN/ | Reduced | -2.8m |
| FIL Ltd | Reduced | -2.8m |
| EdgePoint Investment Group Inc. | Reduced | -2.7m |
| JARISLOWSKY, FRASER Ltd | Reduced | -2.5m |
Biggest calls
| TORONTO DOMINION BANK | Reduced | $17.5m334.6k shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $12.3m2.3k shares |
| JANE STREET GROUP, LLC | Added | $11.0m210.4k shares |
| SIG North Trading, ULC | Added | $9.6m183.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $8.3m159.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $5.2m99.1k shares |
| Twin Tree Management, LP | Reduced | $4.0m77.2k shares |
| SIMPLEX TRADING, LLC | Added | $3.8m71.7k shares |
| GROUP ONE TRADING LLC | Added | $3.5m66.7k shares |
| ROYAL BANK OF CANADA | Reduced | $3.4m65.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.1m115.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $5.2m98.3k shares |
| Twin Tree Management, LP | Added | $3.4m65.5k shares |
| SIG North Trading, ULC | Added | $2.5m48.6k shares |
| WOLVERINE TRADING, LLC | Added | $2.3m43.6k shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $2.1m399 shares |
| CITADEL ADVISORS LLC | Reduced | $2.0m38.5k shares |
| BANK OF MONTREAL /CAN/ | New | $1.0m20.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.0m19.9k shares |
| IMC-Chicago, LLC | Added | $1.0m19.5k 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 Q1 2025
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 Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| Partners Value Investments L.P. 75.47% of their portfolio | 120.9m $6.3bn | Reduced -31.6k |
| Brookfield Corp /ON/ 4.41% of their portfolio | 92.9m $4.9bn | Added +31.0m |
| ROYAL BANK OF CANADA 0.94% of their portfolio | 80.2m $4.2bn | Reduced -3.2m |
| Capital World Investors 0.55% of their portfolio | 65.3m $3.4bn | Added +6.3m |
| VANGUARD GROUP INC 0.06% of their portfolio | 60.9m $3.2bn | Added +988.4k |
| PRINCIPAL FINANCIAL GROUP INC 1.49% of their portfolio | 50.6m $2.6bn | Reduced -1.7m |
| BANK OF MONTREAL /CAN/ 1.31% of their portfolio | 47.0m $2.5bn | Reduced -2.8m |
| Pershing Square Capital Management, L.P. 18.01% of their portfolio | 41.0m $2.1bn | Added +6.1m |
| TD Asset Management Inc 1.18% of their portfolio | 24.6m $1.3bn | Added +354.2k |
| 1832 Asset Management L.P. 1.93% of their portfolio | 19.3m $1.0bn | Reduced -2.9m |
| AKRE CAPITAL MANAGEMENT LLC 9.62% of their portfolio | 19.1m $1.0bn | Added +124.8k |
| NATIONAL BANK OF CANADA /FI/ 1.17% of their portfolio | 19.0m $995.8m | Reduced -176.8k |
| FIL Ltd 0.87% of their portfolio | 17.6m $920.1m | Reduced -2.8m |
| NORGES BANK 0.13% of their portfolio | 17.2m $901.4m | Added +258.7k |
| FIRST MANHATTAN CO. LLC. 2.55% of their portfolio | 16.7m $875.7m | Reduced -175.4k |
| MACKENZIE FINANCIAL CORP 1.20% of their portfolio | 16.1m $841.0m | Reduced -34.1m |
| JARISLOWSKY, FRASER Ltd 5.20% of their portfolio | 15.8m $829.1m | Reduced -2.5m |
| CIBC Asset Management Inc 2.60% of their portfolio | 14.9m $783.1m | Added +754.3k |
| BANK OF NOVA SCOTIA 1.38% of their portfolio | 11.7m $613.1m | Reduced -23.7k |
| CIBC WORLD MARKET INC. 1.39% of their portfolio | 11.6m $608.8m | Added +499.3k |
| FMR LLC 0.03% of their portfolio | 9.5m $496.4m | Reduced -592.0k |
| Soroban Capital Partners LP 6.74% of their portfolio | 9.1m $477.8m | Reduced -1.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio | 9.1m $483.6m | Added +1.2m |
| DAVENPORT & Co LLC 2.81% of their portfolio | 9.1m $474.8m | Reduced -340.1k |
| Markel Group Inc. 4.06% of their portfolio | 8.7m $456.8m | Unchanged |
| Federation des caisses Desjardins du Quebec 2.20% of their portfolio | 8.5m $444.4m | Reduced -3.8k |
| GOLDMAN SACHS GROUP INC 0.08% of their portfolio | 7.7m $403.5m | Added +3.5m |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 7.3m $381.9m | Added +1.5m |
| Legal & General Group Plc 0.10% of their portfolio | 7.3m $380.2m | Added +89.7k |
| SCOTIA CAPITAL INC. 1.94% of their portfolio | 6.9m $362.5m | Added +89.1k |
| MORGAN STANLEY 0.02% of their portfolio | 6.6m $344.9m | Added +13.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.31% of their portfolio | 6.2m $323.3m | Reduced -5.7m |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA 66.98% of their portfolio | 6.0m $313.7m | Added +3.3m |
| TORONTO DOMINION BANK 0.78% of their portfolio | 5.9m $306.8m | Added +228.2k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 5.5m $287.1m | Added +435.3k |
| Connor, Clark & Lunn Investment Management Ltd. 1.24% of their portfolio | 5.4m $284.5m | Reduced -1.1m |
| EdgePoint Investment Group Inc. 2.30% of their portfolio | 5.4m $284.3m | Reduced -2.7m |
| Beutel, Goodman & Co Ltd. 1.57% of their portfolio | 5.2m $272.7m | Reduced -648.7k |
| NEUBERGER BERMAN GROUP LLC 0.22% of their portfolio | 5.0m $259.6m | Reduced -698.9k |
| BESSEMER GROUP INC 0.45% of their portfolio | 4.8m $253.8m | Added +2.5k |
| BAILLIE GIFFORD & CO 0.22% of their portfolio | 4.8m $252.4m | Added +1.1m |
| Aristotle Capital Management, LLC 0.47% of their portfolio | 4.5m $235.1m | Reduced -287.4k |
| Alberta Investment Management Corp 1.60% of their portfolio | 4.5m $233.3m | Added +123.8k |
| Third Point LLC 3.49% of their portfolio | 4.2m $222.2m | Reduced -750.0k |
| Select Equity Group, L.P. 0.90% of their portfolio | 3.8m $201.0m | Reduced -4.3m |
| COOKE & BIELER LP 2.01% of their portfolio | 3.8m $200.7m | Reduced -22.7k |
| Invesco Ltd. 0.04% of their portfolio | 3.8m $198.9m | Reduced -381.0k |
| Scharf Investments, LLC 5.58% of their portfolio | 3.5m $184.7m | Reduced -589.9k |
| TD Waterhouse Canada Inc. 1.53% of their portfolio | 3.5m $187.1m | Reduced -72.7k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 3.2m $166.3m | Added +221.7k |
| Corient Private Wealth LP 0.27% of their portfolio | 3.2m $165.2m | Reduced -176.8k |
| CI INVESTMENTS INC. 0.69% of their portfolio | 3.1m $162.7m | Reduced -114.8k |
| CHECK CAPITAL MANAGEMENT INC/CA 10.20% of their portfolio | 3.0m $156.9m | Reduced -3.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.14% of their portfolio | 2.8m $147.2m | Added +244.5k |
| Fenimore Asset Management Inc 2.88% of their portfolio | 2.6m $136.1m | Reduced -6.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 2.5m $132.3m | Added +30.7k |
| CIBC Private Wealth Group LLC 0.23% of their portfolio | 2.5m $110.5m | Added +62.6k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.5m $129.3m | Added +23.6k |
| NOVO HOLDINGS A/S 9.29% of their portfolio | 2.3m $122.2m | Reduced -468.0k |
| OMERS ADMINISTRATION Corp 1.06% of their portfolio | 2.3m $121.5m | Unchanged |
| AGF MANAGEMENT LTD 0.63% of their portfolio | 2.3m $119.5m | Added +381.2k |
| Cardinal Capital Management, Inc. 3.93% of their portfolio | 2.2m $115.7m | Reduced -60.1k |
| MUFG SECURITIES (CANADA), LTD. 3.99% of their portfolio | 2.2m $114.5m | Reduced -1.9k |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 2.1m $113.0m | Added +15.8k |
| Clearbridge Investments, LLC 0.10% of their portfolio | 2.1m $111.3m | Reduced -99.5k |
| BAMCO INC /NY/ 0.31% of their portfolio | 2.0m $105.7m | Reduced -374.8k |
| MCDONALD CAPITAL INVESTORS INC/CA 6.62% of their portfolio | 2.0m $105.0m | Reduced -21.1k |
| UBS Group AG 0.02% of their portfolio | 2.0m $104.9m | Reduced -62.1k |
| Cannell & Spears LLC 2.16% of their portfolio | 1.9m $100.4m | Reduced -70.5k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 1.9m $98.9m | Added +164.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.8m $95.1m | Added +282.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 1.7m $90.8m | Reduced -216.5k |
| Dixon Mitchell Investment Counsel Inc. 3.95% of their portfolio | 1.7m $87.6m | Added +56.3k |
| Addenda Capital Inc. 4.66% of their portfolio | 1.7m $125.9m | Reduced -150.2k |
| GUARDIAN CAPITAL LP 3.42% of their portfolio | 1.7m $86.9m | Reduced -221.8k |
| Caisse de depot et placement du Quebec 0.18% of their portfolio | 1.7m $86.7m | Reduced -517.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.7m $86.5m | Added +219.6k |
| Marathon Asset Management Ltd 2.55% of their portfolio | 1.6m $83.5m | Reduced -39.6k |
| STIFEL FINANCIAL CORP 0.09% of their portfolio | 1.6m $82.6m | Added +6.6k |
| Scheer, Rowlett & Associates Investment Management Ltd. 6.01% of their portfolio | 1.6m $81.1m | Added +38.5k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.49% of their portfolio | 1.5m $80.1m | Added +898.0k |
| Sather Financial Group Inc 5.03% of their portfolio | 1.5m $77.0m | Reduced -53.9k |
| BRUNI J V & CO /CO 8.89% of their portfolio | 1.5m $76.5m | Reduced -14.3k |
| Aviso Financial Inc. 3.51% of their portfolio | 1.4m $71.3m | Reduced -145.0k |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 1.3m $70.6m | Reduced -94.6k |
| M&G PLC 0.33% of their portfolio | 1.3m $68.7m | Added +66.0k |
| Zurich Insurance Group Ltd/FI 0.55% of their portfolio | 1.3m $68.4m | Added +389.6k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.3m $68.1m | Reduced -218.8k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.72% of their portfolio | 1.2m $63.5m | Reduced -7.7k |
| Madison Asset Management, LLC 0.70% of their portfolio | 1.2m $62.7m | Reduced -17.6k |
| Burgundy Asset Management Ltd. 0.61% of their portfolio | 1.1m $58.6m | Reduced -13.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 1.1m $58.1m | Added +95.9k |
| Heritage Wealth Advisors 2.91% of their portfolio | 1.1m $57.4m | Added +24.0k |
| AVIVA PLC 0.13% of their portfolio | 1.1m $55.5m | Added +148.6k |
| HughesLittle Investment Management Ltd. 11.44% of their portfolio | 1.0m $54.9m | Added +3.4k |
| Broad Run Investment Management, LLC 8.81% of their portfolio | 1.0m $52.8m | Reduced -66.7k |
| NEW SOUTH CAPITAL MANAGEMENT INC 2.45% of their portfolio | 970.8k $50.9m | Reduced -74.5k |
| GREENLEA LANE CAPITAL MANAGEMENT, LLC 17.52% of their portfolio | 967.4k $50.7m | Reduced -27.5k |
| Korea Investment CORP 0.12% of their portfolio | 932.6k $48.8m | Reduced -27.6k |
| Baskin Financial Services Inc. 3.91% of their portfolio | 918.7k $48.1m | Reduced -8.7k |