13F-HR: Brookfield Corp Discloses Q1 2024 Holdings, Valued at $16.9 Billion

Brookfield Corp's latest 13F filing reveals significant holdings in real estate, infrastructure, and renewable energy sectors, totaling approximately $16.9 billion as of March 31, 2024.

Summary

• Brookfield Corp filed its Form 13F for the quarter ended March 31, 2024.
• The filing discloses holdings valued at approximately $16.9 billion.
• The report includes 121 entries, detailing the company's positions in various publicly traded companies.
• Brookfield Corp is filing a combination report, indicating that a portion of their holdings are reported in this report and a portion are reported by other managers.
• The filing lists eight other included managers, including Brookfield Public Securities Group LLC and Brookfield BHS Advisors LLC.
• Key holdings include significant investments in Cheniere Energy Partners LP, Brookfield Corp, and Brookfield Renewable Partners.
• The filing also shows investments in real estate companies like American Homes 4 Rent and Crown Castle Inc, as well as utilities such as NextEra Energy Inc and Sempra.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The filing indicates a stable and diversified investment portfolio, with significant holdings in key sectors. There are no explicit negative indicators.

Positives

• The filing provides transparency into Brookfield Corp's investment portfolio.
• The diverse holdings across various sectors indicate a diversified investment strategy.
• Significant investments in infrastructure and renewable energy align with current market trends.
• The large value of holdings demonstrates Brookfield's significant presence in the market.

Industry Context

The filing reflects investment trends in real estate, infrastructure, and renewable energy, aligning with broader market interests in these sectors. The significant holdings in energy companies like Cheniere and NextEra also reflect the ongoing demand for energy infrastructure.

Comparison to Industry Standards

• Comparing Brookfield's holdings to other major asset managers like BlackRock or Vanguard, the focus on real assets and infrastructure is a distinguishing factor.
• While firms like BlackRock have broad exposure across asset classes, Brookfield's concentration in real estate, energy, and infrastructure is more pronounced.
• For example, BlackRock's infrastructure investments are often part of broader ETF offerings, whereas Brookfield's investments appear to be more direct and strategic.
• Similarly, comparing Brookfield's renewable energy holdings to those of NextEra Energy Partners, it's evident that Brookfield has a more diversified portfolio across various renewable technologies and geographies.

Stakeholder Impact

• Shareholders can gain insights into Brookfield's investment strategy and portfolio composition.
• The investments in various companies may impact their employees and operations.
• The holdings in infrastructure and energy companies can affect customers and suppliers in those sectors.

Key Dates