Mackenzie Financial Corp Trimmed Its Position in Brookfield Ppty Partners L P (NYSE:BPY) by $36.47 Million

May 16, 2018 - By Robert Reynolds

Brookfield Property Partners L.P. (NASDAQ:BPY) Corporate LogoDuring Q4 2017 the big money sentiment increased to 1.28. That’s change of 0.44, from 2017Q3’s 0.84. 8 investors sold all, 24 reduced holdings as BPY ratio improved. 29 rose positions while 12 funds bought positions. Funds hold 152.67 million shares thus 0.24% less from 2017Q3’s 153.03 million shares. Capital, a California-based fund reported 2.12M shs. 131 were accumulated by Whittier. 11,990 are owned by Suncoast Equity Management. Glenmede Tru Na reported 0% in Brookfield Property Partners L.P. (NASDAQ:BPY). Goldman Sachs Gru owns 307,898 shs. Ci Invests Inc invested in 1.03% or 4.87 million shs. Highlander Limited Company owns 1,000 shs. Moreover, Greystone Investment Limited Company has 2.31% invested in Brookfield Property Partners L.P. (NASDAQ:BPY). 79,791 were reported by Addenda Cap. Invesco Limited holds 0.03% of its capital in Brookfield Property Partners L.P. (NASDAQ:BPY) for 4.27M shs. Portland Invest Counsel has 107,337 shs. Illinois-based Northern Trust has invested 0% in Brookfield Property Partners L.P. (NASDAQ:BPY). 32,429 are owned by Davenport And Co Lc. Bancorp Of America De reported 182,981 shs. Fmr Ltd Liability Corp, Massachusetts-based fund reported 7.51M shs.

Mackenzie Financial Corp’s holdings in Brookfield Ppty Partners L P (NYSE:BPY) is decreased by 54.2% based on its latest 2018Q1 regulatory filing with the SEC. The company’s stock Sank 10.87% while Mackenzie Financial Corp sold 1.52M shares. At the end of 2018Q1, the hedge fund held 1.28M shares of the real estate company, valued at $31.76M, down from 2.80 million at the end of the previous reported quarter. $13.39 billion is the MC of Brookfield Ppty Partners L P. BPY touched $19.34 during the last trading session after $0.11 change.Currently Brookfield Property Partners L.P. is downtrending after 12.09% change in last May 17, 2017. BPY has also 354,181 shares volume. BPY underperformed the S&P 500 by 23.64%.

A portfolio of $61.70B and $39.23 billion is managed by Mackenzie Financial Corp. As it’s [published] in Securities and Exchange filling the stake in Harley Davidson Inc (NYSE:HOG) is increased by 1.19M shares to 2.12M shares. They are valued at $90.86M in 2018Q1. For a total of 28.64M shares it increased its holding in Telus Corp (NYSE:TU) by 1.93M shares in the quarter, and has risen its stake in Tiffany & Co New (NYSE:TIF).

Mackenzie Financial Corp is a Ontario, Canada-based hedge fund with more than $61.70 billion AUM in March, 2014. This fund invests only a small percentage of its assets in equities and options. Mackenzie Financial Corp is the 80th largest hedge fund in our database. Taken from Mackenzie Financial latest Adv, the fund reported to have 1006 full and part-time employees. Among which 70 performing investment advisory and research functions. The hedge fund had more than 200 clients.

Brookfield Property Partners L.P. (NASDAQ:BPY) Ratings Coverage

In total 4 analysts cover Brookfield Property (NYSE:BPY). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. (NYSE:BPY) has 75% bullish analysts. 5 are the (NYSE:BPY)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. On Friday, February 9 the rating was maintained by Scotia Capital with “Buy”. On Monday, March 19 the rating was upgraded by Mizuho to “Buy”. On Tuesday, March 27 the rating was maintained by Scotia Capital with “Buy”. On Monday, December 11 the stock of Brookfield Property Partners L.P. (NASDAQ:BPY) has “In-Line” rating given by Evercore. On Tuesday, March 27 the stock of Brookfield Property Partners L.P. (NASDAQ:BPY) has “Buy” rating given by Canaccord Genuity.

Brookfield Property Partners is one of the world's largest commercial real estate companies, with approximately $68 billion in total assets.The firm is valued at $13.39 billion. We are leading owners, operators and investors in commercial property assets, with a diversified portfolio that includes 146 premier office properties and 126 best-in-class retail malls around the world.40.29 is the P/E ratio. We also hold interests in multifamily, triple net lease, industrial, hospitality, self-storage, student housing and manufactured housing assets.

Brookfield Property Partners L.P. (NASDAQ:BPY) Analyst Ratings Chart

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