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
Q3 2025 share counts are adjusted for a 3-for-2 stock split, so holders aren't shown as buying or selling because of it.
* 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 ($812.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.03. Options: 14 managers hold calls ($186.8m notional), 16 hold puts ($99.5m).
Trends to Q4 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 |
| Q2 2025 | 855 |
| Q3 2025 | 882 |
| Q4 2025 | 938 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 286 | 282 |
| Q2 2024 | 270 | 306 |
| Q3 2024 | 306 | 318 |
| Q4 2024 | 319 | 309 |
| Q1 2025 | 350 | 345 |
| Q2 2025 | 367 | 343 |
| Q3 2025 | 369 | 333 |
| Q4 2025 | 348 | 527 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $85.7m | $30.4m | 0.35 |
| Q2 2025 | $135.6m | $101.7m | 0.75 |
| Q3 2025 | $299.7m | $109.0m | 0.36 |
| Q4 2025 | $186.8m | $99.5m | 0.53 |
Biggest buyers
| Dodge & Cox | New | +41.3m |
| 1832 Asset Management L.P. | Added | +21.1m |
| Corient Private Wealth LP | Added | +4.6m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +3.4m |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +3.2m |
| James Hambro & Partners LLP | New | +2.0m |
| TORONTO DOMINION BANK | Added | +1.5m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.3m |
| VANGUARD GROUP INC | Added | +1.3m |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Added | +1.1m |
Biggest sellers
| PRINCIPAL FINANCIAL GROUP INC | Reduced | -11.2m |
| JPMORGAN CHASE & CO | Reduced | -10.5m |
| ROYAL BANK OF CANADA | Reduced | -7.7m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -6.9m |
| BANK OF MONTREAL /CAN/ | Reduced | -6.4m |
| BANK OF NOVA SCOTIA | Reduced | -4.3m |
| Capital World Investors | Reduced | -3.4m |
| CIBC Asset Management Inc | Reduced | -2.5m |
| GOLDMAN SACHS GROUP INC | Reduced | -2.2m |
| AKRE CAPITAL MANAGEMENT LLC | Reduced | -2.0m |
Biggest calls
| PEAK6 LLC | Reduced | $42.7m930.3k shares |
| SIG North Trading, ULC | Reduced | $35.2m766.5k shares |
| TORONTO DOMINION BANK | Reduced | $28.0m609.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $21.8m475.8k shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $15.4m3.2k shares |
| CITADEL ADVISORS LLC | Added | $11.1m240.8k shares |
| BANK OF MONTREAL /CAN/ | Added | $11.0m240.0k shares |
| SIMPLEX TRADING, LLC | Added | $9.6m209.3k shares |
| JANE STREET GROUP, LLC | Reduced | $5.2m113.5k shares |
| IMC-Chicago, LLC | Reduced | $2.0m44.1k shares |
Biggest puts
| DAVENPORT & Co LLC | New | $21.1m459.4k shares |
| GROUP ONE TRADING LLC | Added | $19.9m434.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $17.4m379.8k shares |
| JANE STREET GROUP, LLC | Added | $9.7m211.9k shares |
| Tidal Investments LLC | New | $8.2m178.3k shares |
| SIG North Trading, ULC | Reduced | $6.4m138.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.1m111.3k shares |
| CITADEL ADVISORS LLC | Reduced | $2.9m63.2k shares |
| IMC-Chicago, LLC | Added | $2.0m44.2k shares |
| NATIONAL BANK OF CANADA /FI/ | Added | $1.7m342 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 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 Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| Partners Value Investments L.P. 77.78% of their portfolio | 181.4m $8.3bn | Reduced -1 |
| ROYAL BANK OF CANADA 0.92% of their portfolio | 113.7m $5.2bn | Reduced -7.7m |
| Capital World Investors 0.62% of their portfolio | 99.1m $4.5bn | Reduced -3.4m |
| VANGUARD GROUP INC 0.06% of their portfolio | 92.1m $4.2bn | Added +1.3m |
| PRINCIPAL FINANCIAL GROUP INC 1.52% of their portfolio | 65.1m $3.0bn | Reduced -11.2m |
| Pershing Square Capital Management, L.P. 18.15% of their portfolio | 61.4m $2.8bn | Reduced -127.3k |
| BANK OF MONTREAL /CAN/ 1.11% of their portfolio | 59.1m $2.7bn | Reduced -6.4m |
| Brookfield Corp /ON/ 2.65% of their portfolio | 46.6m $2.1bn | Added +70.9k |
| 1832 Asset Management L.P. 2.65% of their portfolio | 45.5m $2.1bn | Added +21.1m |
| Dodge & Cox 1.02% of their portfolio | 41.3m $1.9bn | New |
| TD Asset Management Inc 1.32% of their portfolio | 35.8m $1.6bn | Reduced -895.6k |
| AKRE CAPITAL MANAGEMENT LLC 13.51% of their portfolio | 26.8m $1.2bn | Reduced -2.0m |
| NORGES BANK 0.13% of their portfolio | 26.7m $1.2bn | Not comparable |
| FIL Ltd 0.89% of their portfolio | 25.9m $1.2bn | Added +702.0k |
| MACKENZIE FINANCIAL CORP 1.30% of their portfolio | 23.8m $1.1bn | Reduced -351.9k |
| FIRST MANHATTAN CO. LLC. 2.87% of their portfolio | 23.8m $1.1bn | Reduced -403.7k |
| NATIONAL BANK OF CANADA /FI/ 1.08% of their portfolio | 23.0m $1.1bn | Reduced -6.9m |
| GEODE CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 19.7m $913.6m | Added +1.3m |
| REGENTS OF THE UNIVERSITY OF CALIFORNIA 16.55% of their portfolio | 18.0m $824.1m | Added +1 |
| CIBC WORLD MARKET INC. 1.46% of their portfolio | 17.8m $818.0m | Added +908.3k |
| CIBC Asset Management Inc 1.92% of their portfolio | 17.3m $796.3m | Reduced -2.5m |
| LONE PINE CAPITAL LLC 5.37% of their portfolio | 15.9m $730.7m | Added +651.3k |
| FMR LLC 0.04% of their portfolio | 15.2m $696.7m | Reduced -1.6m |
| BANK OF NOVA SCOTIA 0.94% of their portfolio | 13.8m $632.0m | Reduced -4.3m |
| Federation des caisses Desjardins du Quebec 2.30% of their portfolio | 13.1m $601.1m | Reduced -53.1k |
| Markel Group Inc. 4.78% of their portfolio | 13.1m $599.9m | Reduced -2 |
| CANADA PENSION PLAN INVESTMENT BOARD 0.40% of their portfolio | 13.1m $599.7m | Added +3.2m |
| DAVENPORT & Co LLC 2.95% of their portfolio | 11.8m $544.2m | Reduced -916.9k |
| Legal & General Group Plc 0.12% of their portfolio | 11.5m $528.4m | Added +455.4k |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 11.4m $521.1m | Reduced -602.3k |
| SCOTIA CAPITAL INC. 2.07% of their portfolio | 11.2m $514.0m | Added +197.5k |
| TORONTO DOMINION BANK 0.91% of their portfolio | 11.2m $513.8m | Added +1.5m |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.42% of their portfolio | 11.1m $510.0m | Reduced -1.6m |
| MORGAN STANLEY 0.03% of their portfolio | 10.9m $498.6m | Added +361.4k |
| Corient Private Wealth LP 0.30% of their portfolio | 9.8m $445.5m | Added +4.6m |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 9.2m $421.4m | Reduced -10.5m |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 8.0m $364.9m | Reduced -2.2m |
| BESSEMER GROUP INC 0.50% of their portfolio | 7.1m $326.8m | Reduced -51.0k |
| BAILLIE GIFFORD & CO 0.27% of their portfolio | 7.0m $321.9m | Reduced -219.9k |
| NEUBERGER BERMAN GROUP LLC 0.24% of their portfolio | 6.9m $318.6m | Reduced -234.3k |
| Aristotle Capital Management, LLC 0.59% of their portfolio | 6.4m $296.1m | Reduced -130.5k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.49% of their portfolio | 6.3m $290.8m | Added +3.4m |
| Third Point LLC 3.91% of their portfolio | 6.2m $284.5m | Reduced -812.5k |
| TD Waterhouse Canada Inc. 1.73% of their portfolio | 6.1m $278.6m | Added +306.3k |
| Soroban Capital Partners LP 1.92% of their portfolio | 5.7m $262.7m | Reduced -1 |
| Connor, Clark & Lunn Investment Management Ltd. 0.66% of their portfolio | 5.5m $251.9m | Added +1.1m |
| Caisse de depot et placement du Quebec 0.37% of their portfolio | 4.8m $218.9m | Added +650.0k |
| Invesco Ltd. 0.02% of their portfolio | 4.7m $213.4m | Reduced -296.5k |
| CHECK CAPITAL MANAGEMENT INC/CA 12.04% of their portfolio | 4.4m $201.4m | Reduced -4.8k |
| CI INVESTMENTS INC. 0.87% of their portfolio | 4.3m $198.5m | Added +169.6k |
| Beutel, Goodman & Co Ltd. 1.21% of their portfolio | 4.3m $197.7m | Reduced -361.0k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 4.1m $186.2m | Reduced -327.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 4.0m $184.4m | Reduced -323.8k |
| Fenimore Asset Management Inc 3.67% of their portfolio | 3.8m $176.3m | Reduced -20.0k |
| CIBC Private Wealth Group LLC 0.29% of their portfolio | 3.7m $171.4m | Reduced -567 |
| BCV Asset Management Inc. 5.91% of their portfolio | 3.7m $233.6m | First filing |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 3.7m $169.0m | Added +157.6k |
| BAMCO INC /NY/ 0.45% of their portfolio | 3.6m $166.9m | Added +32.5k |
| PICTON MAHONEY ASSET MANAGEMENT 1.82% of their portfolio | 3.6m $166.2m | Reduced -329.9k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.87% of their portfolio | 3.6m $163.7m | Added +1.1m |
| COOKE & BIELER LP 1.69% of their portfolio | 3.5m $161.9m | Reduced -3.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio | 3.5m $161.7m | Added +16.5k |
| Scharf Investments, LLC 4.33% of their portfolio | 3.5m $161.4m | Reduced -428.2k |
| NOVO HOLDINGS A/S 12.46% of their portfolio | 3.5m $160.4m | Unchanged |
| OMERS ADMINISTRATION Corp 1.14% of their portfolio | 3.5m $159.5m | Reduced -0 |
| Alberta Investment Management Corp 0.95% of their portfolio | 3.5m $159.1m | Reduced -81.5k |
| MUFG SECURITIES (CANADA), LTD. 4.20% of their portfolio | 3.3m $151.0m | Reduced -281.6k |
| Cardinal Capital Management, Inc. 4.35% of their portfolio | 3.1m $194.0m | Reduced -168.5k |
| Clearbridge Investments, LLC 0.10% of their portfolio | 2.9m $130.9m | Reduced -85.4k |
| MCDONALD CAPITAL INVESTORS INC/CA 7.60% of their portfolio | 2.7m $123.9m | Reduced -120.8k |
| Cannell & Spears LLC 2.28% of their portfolio | 2.7m $122.1m | Reduced -45.4k |
| GUARDIAN CAPITAL LP 3.60% of their portfolio | 2.6m $121.4m | Added +26.7k |
| UBS Group AG 0.02% of their portfolio | 2.5m $113.6m | Reduced -135.6k |
| STIFEL FINANCIAL CORP 0.10% of their portfolio | 2.4m $112.0m | Added +19.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.4m $110.0m | Reduced -36.8k |
| Dixon Mitchell Investment Counsel Inc. 3.58% of their portfolio | 2.4m $108.7m | Reduced -45.6k |
| Amundi 0.03% of their portfolio | 2.4m $108.4m | Added +340.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 2.3m $105.6m | Reduced -262.3k |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 2.3m $105.3m | Reduced -2.3k |
| Addenda Capital Inc. 3.99% of their portfolio | 2.2m $136.0m | Added +78.2k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 2.1m $98.6m | Reduced -35.5k |
| Capital Research Global Investors 0.02% of their portfolio | 2.1m $98.0m | Reduced -44.2k |
| Aviso Financial Inc. 3.72% of their portfolio | 2.1m $98.0m | Added +29.3k |
| AGF MANAGEMENT LTD 0.43% of their portfolio | 2.1m $98.3m | Reduced -228.4k |
| Sather Financial Group Inc 5.23% of their portfolio | 2.1m $97.3m | Reduced -18.2k |
| BRUNI J V & CO /CO 9.53% of their portfolio | 2.1m $97.0m | Reduced -15.6k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 2.1m $96.7m | Added +26.5k |
| Scheer, Rowlett & Associates Investment Management Ltd. 6.40% of their portfolio | 2.0m $93.3m | Reduced -315.6k |
| James Hambro & Partners LLP 3.26% of their portfolio | 2.0m $91.1m | New |
| Marathon Asset Management Ltd 3.47% of their portfolio | 2.0m $90.2m | Reduced -123.1k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 2.0m $89.6m | Added +11.9k |
| M&G PLC 0.41% of their portfolio | 1.8m $80.7m | Added +36.8k |
| AVIVA PLC 0.13% of their portfolio | 1.7m $79.3m | Added +88.5k |
| River Road Asset Management, LLC 0.86% of their portfolio | 1.7m $78.2m | Reduced -235.3k |
| Heritage Wealth Advisors 2.83% of their portfolio | 1.6m $74.1m | Reduced -22.7k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.98% of their portfolio | 1.6m $72.7m | Reduced -890.2k |
| Focus Partners Wealth 0.08% of their portfolio | 1.6m $71.1m | Added +21.1k |
| HughesLittle Investment Management Ltd. 11.75% of their portfolio | 1.5m $70.9m | Reduced -29.4k |
| Madison Asset Management, LLC 0.79% of their portfolio | 1.5m $68.8m | Reduced -182.8k |
| Korea Investment CORP 0.13% of their portfolio | 1.5m $67.0m | Added +33.8k |