Mackenzie Financial Corp Position in Brookfield Ppty Partners L P (NYSE:BPY) Trimmed as Price Declined

May 16, 2018 - By Elizabeth Bryant

Brookfield Property Partners L.P. (NASDAQ:BPY) Corporate LogoBig Money Sentiment increased to 1.28 in Q4 2017. It has change of 0.44, from 2017Q3’s 0.84. The ratio is positive due to BPY positioning: 8 sold and 24 reduced. 12 funds acquired holdings and 29 increased holdings. Investors holded 153.03 million in 2017Q3 but now own 152.67 million shares or 0.24% less. Northern Tru Corporation reported 35,284 shs stake. Whittier Tru reported 0% stake. Moreover, Sector Pension Board has 0.27% invested in Brookfield Property Partners L.P. (NASDAQ:BPY). Geode Capital Mngmt Llc has 155,252 shs for 0% of their capital. Manufacturers Life Insurance Co The holds 0.26% or 11.00M shs. Stifel Financial Corporation holds 0% or 13,770 shs. Scotia Cap Inc reported 3.73 million shs. Cibc Ww owns 454,526 shs. Tower Research Capital Ltd Liability Corp (Trc), New York-based fund reported 3,215 shs. Kempen Management Nv has 0.97% invested in Brookfield Property Partners L.P. (NASDAQ:BPY) for 439,706 shs. Deutsche Savings Bank Ag reported 0% of its capital in Brookfield Property Partners L.P. (NASDAQ:BPY). Highlander Capital Mngmt Lc holds 1,000 shs. Moreover, Griffin Asset Mgmt Incorporated has 0.06% invested in Brookfield Property Partners L.P. (NASDAQ:BPY) for 15,000 shs. Moreover, Toronto Dominion Bancshares has 0.02% invested in Brookfield Property Partners L.P. (NASDAQ:BPY) for 357,550 shs. Gsa Capital Ltd Liability Partnership holds 0.14% or 101,635 shs.

Mackenzie Financial Corp’s stake in Brookfield Ppty Partners L P (NYSE:BPY) is reduced by 54.2% based on its latest 2018Q1 regulatory filing with the SEC. By selling 1.52M shares Mackenzie Financial Corp made the stock Sank with 10.87%. The real estate company reported $31.76M value for the 2018Q1. Now the hedge fund is holding 1.28 million shares, compared to the 2.80 million from the previous quarter. $13.39B is Brookfield Ppty Partners L P’s market cap. BPY hit $19.34 during the last trading session after $0.11 change.Brookfield Property Partners L.P. has volume of 354,181 shares. Since May 17, 2017 BPY has declined 12.09% and is downtrending. BPY underperformed the S&P 500 by 23.64%.

Mackenzie Financial Corp rose its stake in Halliburton Co (NYSE:HAL) by 696,965 shares to 2.90 million shares, valued at $136.13 million in 2018Q1, according to the filing. It operates about $61.70 billion and $39.23B US Long portfolio. Mackenzie Financial Corp has risen its stake in Shaw Communications Inc (NYSE:SJR) and also increased its holding in Chevron Corp New (NYSE:CVX) by 93,040 shares in the quarter, for a total of 562,526 shares.

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

Total analysts of 4 have positions in Brookfield Property (NYSE:BPY) as follows: 3 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 75%. Since December 11, 2017 according to StockzIntelligence Inc Brookfield Property has 5 analyst reports. The company rating was maintained by Scotia Capital on Friday, February 9. On Tuesday, March 27 the stock of Brookfield Property Partners L.P. (NASDAQ:BPY) earned “Buy” rating by Canaccord Genuity. On Monday, December 11 the stock has “In-Line” rating by Evercore. On Tuesday, March 27 Scotia Capital maintained Brookfield Property Partners L.P. (NASDAQ:BPY) with “Buy” rating. On Monday, March 19 the company was upgraded by Mizuho.

Brookfield Property Partners is one of the world's largest commercial real estate companies, with approximately $68 billion in total assets.The firm is worth $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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