Business Context and Reporting Period
This Form 13F-HR is a quarterly holdings report filed by Brookfield Asset Management Inc. for the period ended September 30, 2011. The report discloses the U.S. equity securities held by the institutional investment manager and three other included managers: Brookfield Investment Management Inc., AMP Capital Brookfield (US) LLC, and Brookfield Asset Management Private Institutional Capital Adviser (Canada) LP.
Key Financial Metrics
The filing provides aggregate portfolio data rather than operational financial metrics (revenue, profit, cash flow) for the manager itself.
- Total Portfolio Value: $10,193,591,000 (approx. $10.2 billion).
- Total Number of Holdings: 138 entries.
- Confidential Information: The filing notes that confidential information has been omitted and filed separately.
Note: As a 13F filing, this document does not contain data on the manager's revenue, profit margins, debt, or liquidity.
Material Changes and Portfolio Composition
The filing lists specific holdings as of the reporting date. Significant concentrations include:
- Brookfield Office Properties Inc.: The largest single holding by value at approximately $3.43 billion (249,362,561 shares).
- Brookfield Residential Properties: A significant holding valued at approximately $493 million (73,418,570 shares).
- General Growth Properties Inc.: A substantial position valued at approximately $4.37 billion (353,788,359 shares) reported under "Other Managers" authority.
- Sector Focus: The portfolio is heavily weighted toward Real Estate Investment Trusts (REITs), infrastructure, and energy sectors, including holdings in AvalonBay Communities, Boston Properties, Brandywine Realty Trust, and various energy partners.
Note: This filing does not provide comparative data against the prior quarter (June 30, 2011) to determine material changes in position size or value.
Guidance, Outlook, and Risks
This document is a regulatory disclosure of holdings and does not contain management commentary, forward-looking guidance, risk factors, or contingency plans. The filing includes a standard representation that the information is true, correct, and complete.
Key Facts for Investor Verification
- Verify the total portfolio value of $10.19 billion against the manager's broader asset base, as this report covers only U.S. equity securities.
- Note the significant concentration in Brookfield Office Properties and General Growth Properties, which represent a large portion of the reported equity value.
- Confirm that confidential holdings were omitted from this public text and filed separately, meaning the total reported value may not reflect the full scope of the manager's U.S. equity activity.
- Recognize that this report covers four distinct managers (the filer plus three included managers), requiring verification of which specific entity holds which positions.