Vault-13

BROOKFIELD REAL ASSETS INCOM RA

SHS BEN INT · Closed-End Fund · CUSIP 112830104

122 institutional holders +8 vs Q3 2025
17,342,17917.3m shares reported held*
$224.9mreported value*
13 new 45 added 29 reduced 9 sold out net bought ≈ $35.9m (+1.8m 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 ($13.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.97.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 89Q4 22: 93Q1 23: 95Q2 23: 87Q3 23: 103Q4 23: 113Q1 24: 108Q2 24: 104Q3 24: 107Q4 24: 113Q1 25: 117Q2 25: 113Q3 25: 114Q4 25: 122122Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202289
Q4 202293
Q1 202395
Q2 202387
Q3 2023103
Q4 2023113
Q1 2024108
Q2 2024104
Q3 2024107
Q4 2024113
Q1 2025117
Q2 2025113
Q3 2025114
Q4 2025122

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 53 bought or addedQ1 24: 56 cut or sold outQ2 24: 45 bought or addedQ2 24: 51 cut or sold outQ2 24Q3 24: 62 bought or addedQ3 24: 38 cut or sold outQ4 24: 54 bought or addedQ4 24: 36 cut or sold outQ4 24Q1 25: 54 bought or addedQ1 25: 42 cut or sold outQ2 25: 53 bought or addedQ2 25: 44 cut or sold outQ2 25Q3 25: 54 bought or addedQ3 25: 39 cut or sold outQ4 25: 58 bought or addedQ4 25: 38 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20245356
Q2 20244551
Q3 20246238
Q4 20245436
Q1 20255442
Q2 20255344
Q3 20255439
Q4 20255838

Biggest buyers

SIT INVESTMENT ASSOCIATES INC New +2,215,228+2.2m
MORGAN STANLEY Added +118,651+118.7k
GUGGENHEIM CAPITAL LLC Added +116,875+116.9k
Shaker Financial Services, LLC Added +110,570+110.6k
RIVERBRIDGE PARTNERS LLC Added +93,313+93.3k
ENVESTNET ASSET MANAGEMENT INC Added +66,189+66.2k
Thomas J. Herzfeld Advisors, Inc. Added +47,561+47.6k
Penserra Capital Management LLC Added +46,804+46.8k
WELLS FARGO & COMPANY/MN Added +44,571+44.6k
Stratos Wealth Partners, LTD. Added +44,404+44.4k

Biggest sellers

Gridiron Partners, LLC Reduced -928,937-928.9k
Pathstone Holdings, LLC Sold out -257,750-257.8k
1607 Capital Partners, LLC Reduced -59,100-59.1k
AQR Arbitrage LLC Sold out -44,331-44.3k
DRIVE WEALTH MANAGEMENT, LLC Sold out -43,040-43.0k
OSAIC HOLDINGS, INC. Reduced -30,394-30.4k
ATTICUS WEALTH MANAGEMENT, LLC Sold out -24,872-24.9k
Soltis Investment Advisors LLC Reduced -18,408-18.4k
Private Advisor Group, LLC Reduced -14,040-14.0k
Orange Investment Advisors, Inc. Sold out -10,000-10.0k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
MORGAN STANLEY 13G · institution +1.6 pts · filed 2026-05-11 6.0% +1.6 pts 3.3m≈ $42.7m 2026-05-11
SIT INVESTMENT ASSOCIATES INC 13G · institution new · filed 2026-04-06 5.2% new 2.9m≈ $36.8m 2026-04-06

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 1 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25Q3 25: 0 buyingQ3 25: 0 sellingQ4 25: 0 buyingQ4 25: 0 sellingQ4 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—1$24.9k—
Q1 20250—0——
Q2 20250—0——
Q3 20250—0——
Q4 20250—0——

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,411,2994.4m $57.2m $57.2m 0.00% Added +118.7k +118,651
2 SIT INVESTMENT ASSOCIATES INC 0.57% of their portfolio Minneapolis, MN 2,215,2282.2m $28.7m $28.7m 0.57% New
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,430,8931.4m $18.5m $18.5m 0.00% Added +44.6k +44,571
4 GUGGENHEIM CAPITAL LLC 0.08% of their portfolio CHICAGO, IL 876,989877.0k $11.4m $11.4m 0.08% Added +116.9k +116,875
5 Thomas J. Herzfeld Advisors, Inc. 3.39% of their portfolio MIAMI BEACH, FL 772,267772.3k $10.0m $10.0m 3.39% Added +47.6k +47,561
6 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 654,830654.8k $8.5m $8.5m 0.00% Reduced -1.0k -1,044
7 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 564,590564.6k $7.3m $7.3m 0.00% Added +66.2k +66,189
8 Penserra Capital Management LLC 0.08% of their portfolio ORINDA, CA 505,869505.9k $6.6m $6.6m 0.08% Added +46.8k +46,804
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 412,886412.9k $5.4m $5.4m 0.00% Added +16.8k +16,848
10 1607 Capital Partners, LLC 0.36% of their portfolio Richmond, VA 403,070403.1k $5.2m $5.2m 0.36% Reduced -59.1k -59,100
11 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.29% of their portfolio London, X0 300,319300.3k $3.9m $3.9m 0.29% Unchanged
12 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 275,326275.3k $3.6m $3.6m 0.00% Reduced -4.0k -3,952
13 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 266,603266.6k $3.5m $3.5m 0.00% Added +8.6k +8,573
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 230,992231.0k $3.0m $3.0m 0.00% Added +2.8k +2,780
15 RIVERBRIDGE PARTNERS LLC 0.05% of their portfolio MINNEAPOLIS, MN 221,307221.3k $2.9m $2.9m 0.05% Added +93.3k +93,313
16 Rareview Capital LLC 1.81% of their portfolio LAS VEGAS, NV 209,077209.1k $2.8m $2.8m 1.81% Added +18.2k +18,176
17 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 161,928161.9k $2.1m $2.1m 0.00% Added +3.2k +3,248
18 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.36% of their portfolio LEAWOOD, KS 155,725155.7k $2.0m $2.0m 0.36% Added +7.0k +6,966
19 Shaker Financial Services, LLC 0.63% of their portfolio Arlington, VA 153,005153.0k $2.0m $2.0m 0.63% Added +110.6k +110,570
20 B. Riley Wealth Advisors, Inc. 0.09% of their portfolio MEMPHIS, TN 146,219146.2k $1.9m $1.9m 0.09% Added +1.1k +1,139
21 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 140,664140.7k $1.8m $1.8m 0.00% Added +16.7k +16,741
22 Noble Wealth Management PBC 0.87% of their portfolio GREENWOOD VILLAGE, CO 132,877132.9k $1.7m $1.7m 0.87% Reduced -2.5k -2,533
23 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 125,926125.9k $1.6m $1.6m 0.01% Reduced -14.0k -14,040
24 Advisors Asset Management, Inc. 0.03% of their portfolio Monument, CO 121,908121.9k $1.6m $1.6m 0.03% Reduced -9.2k -9,241
25 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 116,980117.0k $1.5m $1.5m 0.01% Added +1.6k +1,562
26 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 115,085115.1k $1.5m $1.5m 0.00% Added +9.5k +9,470
27 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 113,007113.0k $1.5m $1.5m 0.00% Added +14.8k +14,774
28 Closed-End Fund Advisors, Inc. 0.86% of their portfolio RICHMOND, VA 112,905112.9k $1.5m $1.5m 0.86% First filing
29 Brookfield Corp /ON/ 0.00% of their portfolio TORONTO, A6 100,582100.6k $1.3m $1.3m 0.00% Unchanged
30 CHOREO, LLC 0.02% of their portfolio ROCKFORD, IL 93,07293.1k $1.2m $1.2m 0.02% Added +7.4k +7,394
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 81,00881.0k $1.0m $1.0m 0.00% Reduced -30.4k -30,394
32 UBS Group AG 0.00% of their portfolio ZURICH, V8 79,50079.5k $1.0m $1.0m 0.00% Reduced -2.0k -1,958
33 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 75,60375.6k $979.8k $979.8k 0.00% Added +40.2k +40,245
34 Arlington Capital Management, Inc. 0.56% of their portfolio ARLINGTON HEIGHTS, IL 70,26870.3k $910.7k $910.7k 0.56% Reduced -3.3k -3,287
35 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 66,22766.2k $858.3k $858.3k 0.01% Added +44.4k +44,404
36 Pekin Hardy Strauss, Inc. 0.08% of their portfolio CHICAGO, IL 64,97965.0k $842.1k $842.1k 0.08% Added +3.2k +3,250
37 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 64,26364.3k $832.9k $832.9k 0.00% Added +15.2k +15,203
38 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 56,56856.6k $733.1k $733.1k 0.00% Reduced -1.8k -1,831
39 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.11% of their portfolio BLUE BELL, PA 55,27155.3k $716.3k $716.3k 0.11% Reduced -440 -440
40 E&G Advisors, LLC 0.14% of their portfolio HOUSTON, TX 47,80847.8k $619.6k $619.6k 0.14% Reduced -1.1k -1,100
41 ROBINSON CAPITAL MANAGEMENT, LLC 0.25% of their portfolio GROSSE POINTE FARMS, MI 46,60246.6k $604.0k $604.0k 0.25% Unchanged
42 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 43,39843.4k $562.4k $562.4k 0.01% New
43 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 43,05443.1k $558.0k $558.0k 0.00% Reduced -3.5k -3,550
44 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 41,01341.0k $531.5k $531.5k 0.00% Added +5.2k +5,227
45 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 39,46939.5k $511.5k $511.5k 0.00% New
46 Tennessee Valley Asset Management Partners 0.06% of their portfolio KNOXVILLE, TN 35,87535.9k $464.9k $464.9k 0.06% Reduced -703 -703
47 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 35,25935.3k $457.0k $457.0k 0.01% Added +2.9k +2,917
48 PFG Investments, LLC 0.02% of their portfolio WOODBURY, NY 35,15535.2k $455.6k $455.6k 0.02% Reduced -247 -247
49 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 35,12035.1k $455.2k $455.2k 0.01% Added +1.0k +1,048
50 Marex Group Ltd 0.00% of their portfolio London, X0 35,08335.1k $454.7k $454.7k 0.00% New
51 Pasadena Private Wealth, LLC 0.06% of their portfolio PASADENA, CA 33,45833.5k $433.6k $433.6k 0.06% Reduced -800 -800
52 CSS LLC/IL 0.02% of their portfolio CHICAGO, IL 33,00833.0k $427.8k $427.8k 0.02% Unchanged
53 Gridiron Partners, LLC 0.23% of their portfolio Wexford, PA 31,55231.6k $408.9k $408.9k 0.23% Reduced -928.9k -928,937
54 Sterneck Capital Management, LLC 0.17% of their portfolio KANSAS CITY, MO 29,88629.9k $387.3k $387.3k 0.17% Reduced -3.4k -3,409
55 Castle Rock Wealth Management, LLC 0.08% of their portfolio WALNUT CREEK, CA 29,68529.7k $388.1k $388.1k 0.08% Added +450 +450
56 Soltis Investment Advisors LLC 0.03% of their portfolio ST. GEORGE, UT 29,44829.4k $381.6k $381.6k 0.03% Reduced -18.4k -18,408
57 Aptus Capital Advisors, LLC 0.00% of their portfolio FAIRHOPE, AL 29,25129.3k $379.1k $379.1k 0.00% Reduced -986 -986
58 GILL CAPITAL PARTNERS, LLC 0.11% of their portfolio DENVER, CO 29,12429.1k $377.4k $377.4k 0.11% Added +67 +67
59 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 23,75323.8k $317.3k $317.3k 0.00% Unchanged
60 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.02% of their portfolio Englewood, NJ 22,79722.8k $295.4k $295.4k 0.02% Added +5.6k +5,636
61 MELFA WEALTH MANAGEMENT, INC. 0.15% of their portfolio WESTBOROUGH, MA 20,67220.7k $267.9k $267.9k 0.15% Unchanged
62 GRIFFIN ASSET MANAGEMENT, INC. 0.03% of their portfolio New York, NY 19,40719.4k $251.5k $251.5k 0.03% Reduced -2.1k -2,129
63 ACCREDITED INVESTOR SERVICES, LLC 0.17% of their portfolio ST. CLOUD, MN 19,33419.3k $250.6k $250.6k 0.17% Added +3.7k +3,705
64 UHLMANN PRICE SECURITIES, LLC 0.15% of their portfolio SKOKIE, IL 19,26019.3k $249.6k $249.6k 0.15% Added +424 +424
65 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 19,17119.2k $248.5k $248.5k 0.00% Added +6.2k +6,170
66 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 18,42718.4k $238.8k $238.8k 0.00% Added +14.6k +14,577
67 Compound Planning, Inc. 0.01% of their portfolio NEW YORK, NY 18,00918.0k $233.4k $233.4k 0.01% Unchanged
68 Mallini Complete Financial Planning LLC 0.18% of their portfolio GAINESVILLE, FL 17,69517.7k $229.3k $229.3k 0.18% Added +307 +307
69 Catalina Capital Group, LLC 0.13% of their portfolio Torrance, CA 15,96016.0k $206.8k $206.8k 0.13% Reduced -4.6k -4,560
70 Second Line Capital, LLC 0.04% of their portfolio METAIRIE, LA 15,93515.9k $206.5k $206.5k 0.04% Added +30 +30
71 SeaCrest Wealth Management, LLC 0.02% of their portfolio PURCHASE, NY 15,91215.9k $206.2k $206.2k 0.02% Added +95 +95
72 Mariner, LLC 0.00% of their portfolio Overland Park, KS 15,52015.5k $201.1k $201.1k 0.00% Added +56 +56
73 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 15,20515.2k $197.0k $197.0k 0.00% Added +735 +735
74 Kovack Advisors, Inc. 0.01% of their portfolio FT. LAUDERDALE, FL 14,69614.7k $190.5k $190.5k 0.01% New
75 Savvy Advisors, Inc. 0.01% of their portfolio NEW YORK, NY 14,32514.3k $185.7k $185.7k 0.01% New
76 Encompass More Asset Management 0.03% of their portfolio Danville, CA 14,27614.3k $185.0k $185.0k 0.03% Added +79 +79
77 AlphaCore Capital LLC 0.00% of their portfolio LA JOLLA, CA 13,88813.9k $180.0k $180.0k 0.00% Unchanged
78 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 13,07013.1k $169.4k $169.4k 0.00% Added +2.6k +2,580
79 CARY STREET PARTNERS FINANCIAL LLC 0.00% of their portfolio RICHMOND, VA 12,65512.7k $164.0k $164.0k 0.00% Unchanged
80 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 12,08212.1k $156.6k $156.6k 0.00% New
81 Aviance Capital Partners, LLC 0.02% of their portfolio NAPLES, FL 11,70811.7k $151.7k $151.7k 0.02% Added +203 +203
82 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 11,49011.5k $148.0k $148.0k 0.00% New
83 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 11,42911.4k $148.0k $148.0k 0.00% New
84 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 11,26711.3k $146.0k $146.0k 0.00% New
85 HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 10,75510.8k $139.4k $139.4k 0.00% Unchanged
86 Summit Financial, LLC 0.00% of their portfolio PARSIPPANY, NJ 10,49810.5k $136.1k $136.1k 0.00% Reduced -1.4k -1,410
87 DECISION INVESTMENTS, INC 0.15% of their portfolio SAN DIEGO, CA 10,25010.2k $132.8k $132.8k 0.15% First filing
88 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 7,5647.6k $98.0k $98.0k 0.00% Unchanged
89 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 7,2287.2k $93.5k $93.5k 0.00% Added +6.9k +6,900
90 COMERICA BANK 0.00% of their portfolio DALLAS, TX 6,1466.1k $79.7k $79.7k 0.00% Reduced -218 -218
91 Pinnacle Wealth Planning Services, Inc. 0.01% of their portfolio MANSFIELD, OH 5,9465.9k $77.1k $77.1k 0.01% New
92 QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio CINCINNATI, OH 3,9694.0k $51.4k $51.4k 0.00% New
93 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 2,8172.8k $36.5k $36.5k 0.00% Added +424 +424
94 Ameliora Wealth Management Ltd. 0.01% of their portfolio ZURICH, V8 2,3802.4k $30.8k $30.8k 0.01% Unchanged
95 WPG Advisers, LLC 0.02% of their portfolio BALTIMORE, MD 2,1872.2k $28.3k $28.3k 0.02% Added +405 +405
96 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 1,9001.9k $24.6k $24.6k 0.00% Unchanged
97 BROADWATER CAPITAL MANAGEMENT LLC 0.02% of their portfolio BOSTON, MA 1,7201.7k $22.3k $22.3k 0.02% Unchanged
98 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,7121.7k $22.2k $22.2k 0.00% Unchanged
99 CALDWELL SUTTER CAPITAL, INC. 0.01% of their portfolio SAUSALITO, CA 1,4711.5k $19.1k $19.1k 0.01% Unchanged
100 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 1,3551.4k $17.6k $17.6k 0.00% Reduced -1.2k -1,221