Vault-13

BROOKFIELD INFRASTRUCTURE CO

COM SB VTG SHS A · Common Stock · CUSIP 11275Q107

310 institutional holders -2 vs Q1 2023
79,577,43379.6m shares reported held*
$3.6bnreported value*
32 new 124 added 79 reduced 32 sold out net sold ≈ $413.7m (-12.3m 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 ($45.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.78. Options: 9 managers hold calls ($11.6m notional), 7 hold puts ($18.0m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 310Q4 22: 318Q1 23: 312Q2 23: 310310Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022310
Q4 2022318
Q1 2023312
Q2 2023310

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 144 bought or addedQ4 22: 133 cut or sold outQ4 22Q1 23: 140 bought or addedQ1 23: 133 cut or sold outQ1 23Q2 23: 156 bought or addedQ2 23: 111 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022144133
Q1 2023140133
Q2 2023156111

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ3 22 calls: $1.0mQ3 22 puts: $4.4mQ3 22P/C 4.30Q4 22 calls: $542.4kQ4 22 puts: $575.7kQ4 22P/C 1.06Q1 23 calls: $1.4mQ1 23 puts: $428.1kQ1 23P/C 0.31Q2 23 calls: $11.6mQ2 23 puts: $18.0mQ2 23P/C 1.55
Numbers
QuarterCallsPutsP/C
Q3 2022$1.0m$4.4m4.30
Q4 2022$542.4k$575.7k1.06
Q1 2023$1.4m$428.1k0.31
Q2 2023$11.6m$18.0m1.55

Biggest buyers

BANK OF MONTREAL /CAN/ Added +683,212+683.2k
TORONTO DOMINION BANK Added +226,990+227.0k
BlackRock Inc. Added +143,907+143.9k
Capital Research Global Investors Added +113,265+113.3k
GEODE CAPITAL MANAGEMENT, LLC Added +101,227+101.2k
Connor, Clark & Lunn Investment Management Ltd. Added +86,100+86.1k
NEUBERGER BERMAN GROUP LLC Added +83,787+83.8k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +75,158+75.2k
STATE STREET CORP Added +60,722+60.7k
Copeland Capital Management, LLC Added +59,479+59.5k

Biggest sellers

FMR LLC Reduced -6,573,583-6.6m
MACKENZIE FINANCIAL CORP Reduced -4,456,957-4.5m
Arete Wealth Advisors, LLC Sold out -2,361,543-2.4m
GW&K Investment Management, LLC Reduced -299,111-299.1k
Allspring Global Investments Holdings, LLC Reduced -132,672-132.7k
NATIONAL BANK OF CANADA /FI/ Reduced -99,874-99.9k
Fiera Capital Corp Sold out -88,016-88.0k
CIBC Private Wealth Group LLC Reduced -79,022-79.0k
RENAISSANCE TECHNOLOGIES LLC Sold out -65,850-65.8k
STRS OHIO Reduced -61,700-61.7k

Biggest calls

Caption Management, LLC New $3.9m85.0k shares
ROYAL BANK OF CANADA New $2.3m49.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.8m39.5k shares
SIMPLEX TRADING, LLC Added $1.7m37.8k shares
CITADEL ADVISORS LLC Added $1.1m23.6k shares
GROUP ONE TRADING LLC New $410.2k9.0k shares
JANE STREET GROUP, LLC New $373.8k8.2k shares
BLUEFIN CAPITAL MANAGEMENT, LLC New $106.2k85.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Balyasny Asset Management L.P. New $17.1m375.0k shares
SIMPLEX TRADING, LLC Added $551.0k12.1k shares
GLAZER CAPITAL, LLC New $202.0k1.6k shares
CITADEL ADVISORS LLC Reduced $100.3k2.2k shares
Trium Capital LLP New $46.0k1.0k shares
PICTON MAHONEY ASSET MANAGEMENT New $1.0k50.0k 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.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Brookfield Corp /ON/ 2.35% of their portfolio TORONTO, A6 13,012,78913.0m $593.1m $593.1m 2.35% Unchanged
2 FMR LLC 0.04% of their portfolio BOSTON, MA 10,013,71710.0m $456.4m $456.4m 0.04% Reduced -6.6m -6,573,583
3 BlackRock Inc. 0.01% of their portfolio New York, NY 5,463,1585.5m $249.0m $249.0m 0.01% Added +143.9k +143,907
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 3,976,8824.0m $181.3m $181.3m 0.00% Reduced -28.6k -28,565
5 BANK OF MONTREAL /CAN/ 0.05% of their portfolio TORONTO, A6 2,972,2923.0m $135.6m $135.6m 0.05% Added +683.2k +683,212
6 CIBC Private Wealth Group LLC 0.15% of their portfolio ATLANTA, GA 2,911,6002.9m $132.7m $132.7m 0.15% Reduced -79.0k -79,022
7 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,736,4932.7m $124.7m $124.7m 0.03% Added +34.1k +34,099
8 CONFLUENCE INVESTMENT MANAGEMENT LLC 1.70% of their portfolio ST. LOUIS, MO 2,556,5992.6m $116.5m $116.5m 1.70% Reduced -47.0k -47,029
9 Capital Research Global Investors 0.03% of their portfolio Los Angeles, CA 2,154,2832.2m $98.2m $98.2m 0.03% Added +113.3k +113,265
10 BROWN ADVISORY INC 0.12% of their portfolio BALTIMORE, MD 1,733,4941.7m $79.0m $79.0m 0.12% Added +29.1k +29,134
11 PRINCIPAL FINANCIAL GROUP INC 0.05% of their portfolio DES MOINES, IA 1,690,0891.7m $77.0m $77.0m 0.05% Added +15.4k +15,394
12 CANADA PENSION PLAN INVESTMENT BOARD 0.11% of their portfolio TORONTO ONTARIO, A6 1,646,3601.6m $75.2m $75.2m 0.11% Reduced -33.7k -33,700
13 Caisse de depot et placement du Quebec 0.19% of their portfolio Montreal, A8 1,590,3001.6m $72.6m $72.6m 0.19% Unchanged
14 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,533,9061.5m $69.9m $69.9m 0.00% Added +60.7k +60,722
15 Copeland Capital Management, LLC 1.44% of their portfolio Conshohocken, PA 1,532,3681.5m $69.8m $69.8m 1.44% Added +59.5k +59,479
16 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,371,9801.4m $62.5m $62.5m 0.01% Reduced -16.9k -16,894
17 Epoch Investment Partners, Inc. 0.33% of their portfolio New York, NY 1,247,6211.2m $56.9m $56.9m 0.33% Reduced -29.7k -29,728
18 NORGES BANK 0.01% of their portfolio OSLO, Q8 1,184,2811.2m $54.0m $54.0m 0.01% Added +41.6k +41,570
19 NEUBERGER BERMAN GROUP LLC 0.05% of their portfolio NEW YORK, NY 1,108,7891.1m $50.5m $50.5m 0.05% Added +83.8k +83,787
20 GW&K Investment Management, LLC 0.47% of their portfolio BOSTON, MA 1,097,2751.1m $50.0m $50.0m 0.47% Reduced -299.1k -299,111
21 GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio BOSTON, MA 1,028,5051.0m $46.9m $46.9m 0.01% Added +101.2k +101,227
22 TD Waterhouse Canada Inc. 0.61% of their portfolio TORONTO, A6 1,019,5941.0m $61.3m $61.3m 0.61% Added +23.8k +23,774
23 NATIONAL BANK OF CANADA /FI/ 0.09% of their portfolio MONTREAL, A8 971,020971.0k $44.1m $44.1m 0.09% Reduced -99.9k -99,874
24 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 928,864928.9k $42.3m $42.3m 0.03% Reduced -5.4k -5,423
25 SCOTIA CAPITAL INC. 0.26% of their portfolio TORONTO, A6 849,216849.2k $38.6m $38.6m 0.26% Added +33.3k +33,330
26 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 734,204734.2k $33.5m $33.5m 0.01% Reduced -27.1k -27,112
27 TD Asset Management Inc 0.03% of their portfolio Toronto, A6 569,647569.6k $26.0m $26.0m 0.03% Added +13.8k +13,776
28 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 543,652543.7k $24.8m $24.8m 0.01% Added +51.5k +51,530
29 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 541,586541.6k $24.7m $24.7m 0.01% Added +27.5k +27,535
30 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 538,776538.8k $24.6m $24.6m 0.01% Reduced -4.2k -4,191
31 J.P. Morgan Private Wealth Advisors LLC 0.12% of their portfolio SAN FRANCISCO, CA 527,319527.3k $24.0m $24.0m 0.12% Added +16.9k +16,856
32 CIBC WORLD MARKET INC. 0.08% of their portfolio TORONTO, A6 518,860518.9k $23.6m $23.6m 0.08% Added +6.4k +6,415
33 TORONTO DOMINION BANK 0.02% of their portfolio TORONTO, ONTARIO, A6 461,828461.8k $21.1m $21.1m 0.02% Added +227.0k +226,990
34 GUARDIAN CAPITAL LP 0.62% of their portfolio TORONTO, A6 425,793425.8k $19.4m $19.4m 0.62% Reduced -32.0k -32,046
35 Connor, Clark & Lunn Investment Management Ltd. 0.09% of their portfolio VANCOUVER, A1 397,671397.7k $18.1m $18.1m 0.09% Added +86.1k +86,100
36 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 385,333385.3k $17.6m $17.6m 0.00% Reduced -5.0k -5,025
37 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 361,081361.1k $16.5m $16.5m 0.01% Added +6.2k +6,161
38 Fenimore Asset Management Inc 0.41% of their portfolio Cobleskill, NY 359,545359.5k $16.4m $16.4m 0.41% Added +204 +204
39 EVERGREEN CAPITAL MANAGEMENT LLC 0.68% of their portfolio Bellevue, WA 355,235355.2k $16.2m $16.2m 0.68% Added +7.9k +7,940
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 325,378325.4k $14.8m $14.8m 0.00% Added +20.3k +20,285
41 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 278,314278.3k $12.7m $12.7m 0.00% Added +4.0k +4,010
42 LAKE STREET ADVISORS GROUP, LLC 0.68% of their portfolio PORTSMOUTH, NH 270,183270.2k $12.3m $12.3m 0.68% Added +10.9k +10,884
43 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 267,600267.6k $12.2m $12.2m 0.02% Unchanged
44 Legal & General Group Plc 0.00% of their portfolio London, X0 266,339266.3k $12.2m $12.2m 0.00% Added +11.6k +11,619
45 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 226,929226.9k $10.3m $10.3m 0.00% Added +3.9k +3,933
46 Swiss National Bank 0.01% of their portfolio ZURICH, V8 219,477219.5k $10.0m $10.0m 0.01% Added +3.0k +3,000
47 CIBC Asset Management Inc 0.03% of their portfolio TORONTO, Z4 193,559193.6k $8.8m $8.8m 0.03% Reduced -9.6k -9,569
48 RHUMBLINE ADVISERS 0.01% of their portfolio BOSTON, MA 173,920173.9k $7.9m $7.9m 0.01% Added +45.6k +45,589
49 COLONY GROUP LLC 0.10% of their portfolio Boston, MA 160,906160.9k $7.3m $7.3m 0.10% Added +1.7k +1,667
50 Federation des caisses Desjardins du Quebec 0.07% of their portfolio LEVIS, A8 159,243159.2k $7.2m $7.2m 0.07% Reduced -868 -868
51 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 138,571138.6k $6.3m $6.3m 0.01% Added +1.7k +1,719
52 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 137,742137.7k $6.3m $6.3m 0.01% Added +3.8k +3,804
53 Maryland State Retirement & Pension System 0.13% of their portfolio BALTIMORE, MD 136,360136.4k $6.2m $6.2m 0.13% Added +595 +595
54 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 136,286136.3k $6.2m $6.2m 0.00% Added +7.8k +7,804
55 FIRST MANHATTAN CO. LLC. 0.02% of their portfolio NEW YORK, NY 133,167133.2k $6.1m $6.1m 0.02% Reduced -1.4k -1,437
56 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 125,563125.6k $5.7m $5.7m 0.00% Added +75.2k +75,158
57 Avalon Trust Co 0.50% of their portfolio SANTA FE, NM 121,210121.2k $5.5m $5.5m 0.50% Reduced -382 -382
58 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 114,437114.4k $5.2m $5.2m 0.01% Added +9.2k +9,152
59 GREAT LAKES ADVISORS, LLC 0.05% of their portfolio CHICAGO, IL 108,582108.6k $4.9m $4.9m 0.05% Reduced -202 -202
60 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 99,68699.7k $4.5m $4.5m 0.00% Reduced -27.9k -27,948
61 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 98,19098.2k $4.5m $4.5m 0.00% Added +27.6k +27,620
62 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 92,55592.6k $4.2m $4.2m 0.01% Reduced -4.5m -4,456,957
63 Clearstead Advisors, LLC 0.24% of their portfolio CLEVELAND, OH 86,18786.2k $3.9m $3.9m 0.24% Added +10.3k +10,287
64 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 84,41484.4k $3.8m $3.8m 0.00% Reduced -26.5k -26,534
65 Chicago Partners Investment Group LLC 0.18% of their portfolio CHICAGO, IL 82,09082.1k $3.6m $3.6m 0.18% Reduced -5.6k -5,558
66 Baskin Financial Services Inc. 0.33% of their portfolio TORONTO, A6 75,71875.7k $3.5m $3.5m 0.33% Added +1.6k +1,575
67 Paragon Capital Management Ltd 0.72% of their portfolio DENVER, CO 72,98373.0k $3.3m $3.3m 0.72% Reduced -1.4k -1,406
68 CANADA LIFE ASSURANCE Co 0.01% of their portfolio WINNIPEG, A2 72,73072.7k $3.3m $3.3m 0.01% Added +3.2k +3,213
69 State of Tennessee, Department of Treasury 0.01% of their portfolio NASHVILLE, TN 72,57872.6k $3.3m $3.3m 0.01% Unchanged
70 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 65,93065.9k $3.0m $3.0m 0.00% Added +8.2k +8,156
71 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 63,23063.2k $2.9m $2.9m 0.01% Added +46.0k +46,023
72 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 62,36062.4k $2.8m $2.8m 0.01% Reduced -2.4k -2,380
73 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 58,79758.8k $2.7m $2.7m 0.00% Reduced -19.1k -19,145
74 Leith Wheeler Investment Counsel Ltd. 0.45% of their portfolio VANCOUVER, A1 57,22557.2k $3.5m $3.5m 0.45% Unchanged
75 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 51,63451.6k $2.4m $2.4m 0.02% Added +485 +485
76 HARBOR ADVISORY CORP /MA/ 0.81% of their portfolio PORTSMOUTH, NH 50,60150.6k $2.3m $2.3m 0.81% Added +3.3k +3,346
77 Ipswich Investment Management Co., Inc. 0.60% of their portfolio BEVERLY, MA 50,04050.0k $2.3m $2.3m 0.60% Reduced -2.0k -1,963
78 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 47,50047.5k $2.2m $2.2m 0.01% Added +226 +226
79 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 47,27847.3k $2.2m $2.2m 0.00% Added +4.5k +4,461
80 BAMCO INC /NY/ 0.01% of their portfolio NEW YORK, NY 43,86743.9k $2.0m $2.0m 0.01% Reduced -9.5k -9,543
81 OCCUDO QUANTITATIVE STRATEGIES LP 0.21% of their portfolio FORT LAUDERDALE, FL 43,78143.8k $2.0m $2.0m 0.21% New
82 UBS Group AG 0.00% of their portfolio ZURICH, V8 43,32443.3k $2.0m $2.0m 0.00% Added +16.4k +16,429
83 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 43,23643.2k $2.0m $2.0m 0.00% Added +730 +730
84 KARPAS STRATEGIES, LLC 0.64% of their portfolio LITCHFIELD, CT 41,80541.8k $1.9m $1.9m 0.64% Unchanged
85 MONTRUSCO BOLTON INVESTMENTS INC. 0.03% of their portfolio MONTREAL, A8 41,04241.0k $1.9m $1.9m 0.03% New
86 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 40,97641.0k $1.9m $1.9m 0.00% Reduced -361 -361
87 Lantz Financial LLC 0.72% of their portfolio NAPERVILLE, IL 40,07740.1k $1.8m $1.8m 0.72% Reduced -220 -220
88 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 39,28839.3k $1.8m $1.8m 0.02% Reduced -59 -59
89 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 39,07739.1k $1.8m $1.8m 0.00% Added +1.9k +1,916
90 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 38,94438.9k $1.8m $1.8m 0.03% Reduced -272 -272
91 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 38,74838.7k $1.8m $1.8m 0.00% Added +1.5k +1,531
92 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 38,70038.7k $1.8m $1.8m 0.00% Reduced -12.8k -12,838
93 Carmel Capital Partners, LLC 0.90% of their portfolio SAN DIEGO, CA 38,51038.5k $1.8m $1.8m 0.90% Added +3.8k +3,812
94 Lee Financial Co 0.30% of their portfolio Dallas, TX 37,05337.1k $1.7m $1.7m 0.30% Reduced -10.1k -10,107
95 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 36,27536.3k $1.7m $1.7m 0.00% Added +1.1k +1,121
96 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 35,08335.1k $1.6m $1.6m 0.00% Reduced -1.1k -1,087
97 DAVIS-REA LTD. 0.89% of their portfolio TORONTO, A6 34,79134.8k $1.6m $1.6m 0.89% Reduced -3.6k -3,639
98 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 34,26134.3k $1.6m $1.6m 0.00% Added +4.5k +4,527
99 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 33,79333.8k $1.5m $1.5m 0.00% Added +16.5k +16,534
100 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 32,82832.8k $1.5m $1.5m 0.00% Reduced -3.6k -3,615