SCHEDULE 13G/A: CI Investments Inc. and Assante Capital Management Ltd. Update Passive Stake in Brookfield Business Partners L.P.

CI Investments Inc. and Assante Capital Management Ltd. have filed an Amendment No. 3 to Schedule 13G, reporting a combined beneficial ownership of 4.9% in Brookfield Business Partners L.P. as of March 31, 2025.

Summary

• CI Investments Inc. and Assante Capital Management Ltd. filed an Amendment No. 3 to Schedule 13G regarding their beneficial ownership in Brookfield Business Partners L.P.
• As of March 31, 2025, CI Investments Inc. beneficially owned 4,390,808 Limited Partnership Units, representing 4.9% of the class.
• Assante Capital Management Ltd. beneficially owned 53 Limited Partnership Units, representing 0.0% of the class.
• The combined beneficial ownership of both entities is 4.9% of the class.
• CI Investments Inc. holds sole voting and dispositive power over its shares, while Assante Capital Management Ltd. holds sole dispositive power over its shares.
• The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a neutral, factual report on beneficial ownership, providing no positive or negative operational or financial information about the issuer.

Future Outlook

NA

Industry Context

This filing is a routine disclosure by institutional investors regarding their passive ownership stake in a publicly traded company. It reflects a standard investment activity within the financial services industry, where asset managers hold positions in various companies for their clients.

Key Dates

Keywords

Brookfield Business Partners L.P., CI Investments Inc., Assante Capital Management Ltd., Schedule 13G, Beneficial Ownership, Limited Partnership Units, Institutional Investor, Passive Investment