SEC Form SC 13G/A filed by Brookfield Business Partners L.P. Limited Partnership Units (Amendment)

2/14/24 10:10:30 AM ET

Engineering & Construction

Consumer Discretionary

Get the next $BBU alert in real time by email

SC 13G/A 1 bbu-13ga-20231231.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* Brookfield Business Partners L.P. ----------------------------------------------------- (Name of Issuer) Limited Partnership Units ----------------------------------------------------- (Title of Class of Securities) G16234109 ----------------------------------------------------- (CUSIP Number) December 31, 2023 ----------------------------------------------------- (Date Of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No.G16234109 13G -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON: CI Investments Inc. -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [ ] (b) [ ] -------------------------------------------------------------------------------- 3. SEC USE ONLY: -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION: Province of Ontario, Canada -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER: SHARES 4,359,046 BENEFICIALLY -------------------------------------------------------------- OWNED BY 6. SHARED VOTING POWER: EACH 0 REPORTING -------------------------------------------------------------- PERSON 7. SOLE DISPOSITIVE POWER: WITH: 4,359,046 -------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER: 0 -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 4,359,046 -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: [ ] -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 5.85(1) -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON: IA, FI -------------------------------------------------------------------------------- (1) Calculated based on 74,558,912 Limited Partnership Units of Brookfield Business Partners L.P. (the "Issuer") outstanding as of September 30, 2023 as reported in the Issuer's MD&A filed with the Canadian Securities Administrators on November 7, 2023. Item 1. (a) Name of Issuer: Brookfield Business Partners L.P. -------------------------------------------------------------- (b) Address of Issuer's Principal Executive Offices: 73 Front Street, 5th Floor Hamilton, Bermuda HM 12 -------------------------------------------------------------- Item 2. (a) Name of Person Filing: CI Investments Inc. -------------------------------------------------------------- (b) Address of Principal Business Office, or if None, Residence: 15 York Street, Second Floor Toronto, Ontario, Canada M5J 0A3 -------------------------------------------------------------- (c) Citizenship: See Item 4 on the cover page hereto. -------------------------------------------------------------- (d) Title of Class of Securities: Limited Partnership Units -------------------------------------------------------------- (e) CUSIP Number: G16234109 -------------------------------------------------------------- Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [ ] An investment adviser in accordance with Sections 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [x] a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J). (k) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J), please specify the type of institution: _______ Item 4. Ownership (a) Amount beneficially owned: 4,359,046 (b) Percent of Class: 5.85% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: See Item 5 on the cover page hereto. (ii) Shared power to vote or to direct the vote: See Item 6 on the cover page hereto. (iii) Sole power to dispose or to direct the disposition of: See Item 7 on the cover page hereto. (iv) Shared power to dispose or to direct the disposition of: See Item 8 on the cover page hereto. Item 5. Ownership of Five Percent or Less of a Class. Not Applicable Item 6. Ownership of More Than Five Percent on Behalf of Another Person. Not Applicable Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8. Identification and Classification of Members of the Group. Not Applicable Item 9. Notice of Dissolution of Group. Not Applicable Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, (i) the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose or with the effect of changing or influencing control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with nomination under Section 240.14a-11; and (ii) the foreign regulatory scheme applicable to the non-U.S. institutions above is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 14, 2024 Signature: /s/ William Chinkiwsky -------------------------------------------------------------------- Name: William Chinkiwsky, Title: SVP, CI Enterprise Compliance & CCO, CI Investments Inc.

Get the next $BBU alert in real time by email

Date	Price Target	Rating	Analyst
11/13/2023	$28.00	Outperform	RBC Capital Mkts
3/9/2023	$26.00	Outperform	Credit Suisse
11/8/2021	$61.00 → $62.00	Outperform	RBC Capital

SEC Form SC 13G/A filed by Brookfield Business Partners L.P. Limited Partnership Units (Amendment)

Chat with this insight

Recent Analyst Ratings for
$BBU

$BBU
Press Releases

Fastest customizable press release news feed in the world

Brookfield Business Partners Reports First Quarter 2025 Results

Brookfield Business Partners Completes 2024 Annual Filings

Brookfield Business Partners to Host First Quarter 2025 Results Conference Call

$BBU
Financials

Live finance-specific insights

Brookfield Business Partners Reports First Quarter 2025 Results

Brookfield Business Partners to Host First Quarter 2025 Results Conference Call

Brookfield Completes Acquisition of Chemelex

$BBU
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

RBC Capital Mkts resumed coverage on Brookfield Business Partners with a new price target

Credit Suisse resumed coverage on Brookfield Business Partners with a new price target

RBC Capital reiterated coverage on Brookfield Business with a new price target

$BBU
SEC Filings

Amendment: SEC Form SCHEDULE 13D/A filed by Brookfield Business Partners L.P. Limited Partnership Units

SEC Form 6-K filed by Brookfield Business Partners L.P. Limited Partnership Units

SEC Form 6-K filed by Brookfield Business Partners L.P. Limited Partnership Units

$BBU
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Bcp Gp Ltd sold $8,630,129 worth of shares (3,922,786 units at $2.20) (SEC Form 4)

Bcp Gp Ltd sold $1,140,225 worth of shares (511,704 units at $2.23) (SEC Form 4)

Bcp Gp Ltd sold $2,313,940 worth of shares (1,101,081 units at $2.10) (SEC Form 4)

$BBU
Leadership Updates

Live Leadership Updates

Brookfield Business Partners Announces Appointment to the Board of Directors

Altera Infrastructure GP L.L.C. announces changes to its Board and Committees and confirms the Relocation of its Principal Office to the United Kingdom

$BBU
Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13D/A filed by Brookfield Business Partners L.P. Limited Partnership Units