BROOKFIELD Corp /ON/
"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.
13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.
We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 30 quarters, returned +2.4% per quarter — versus +3.3% per quarter from simply owning every 13F stock. It beat that baseline in only 46.7% of quarters (excess t = -0.39, not statistically significant). Its filings tell you what it bought — not what you should buy.
Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)
Top 20 holdings of 132 · 2026 Q1
| Ticker | Value | Weight | QoQ |
|---|---|---|---|
| BAM | $53.0B | | HOLD |
| CQP | $6.6B | | HOLD |
| BBUC | $4.5B | | NEW |
| BEPC | $2.7B | | HOLD |
| BN | $1.9B | | HOLD |
| BEPC | $402M | | HOLD |
| WMB | $378M | | TRIM |
| TRGP | $367M | | TRIM |
| TAC | $354M | | HOLD |
| LNG | $256M | | HOLD |
| PCG | $193M | | TRIM |
| NEE | $192M | | HOLD |
| CNP | $184M | | TRIM |
| CCI | $177M | | TRIM |
| NI | $172M | | ADD |
| BIPC | $169M | | HOLD |
| SRE | $156M | | TRIM |
| FE | $133M | | ADD |
| ET | $124M | | TRIM |
| MPLX | $124M | | TRIM |
QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.
New positions in 2026 Q1
Method & Limitations
Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.