Perhaps have a look at who the top 20 holders are, plenty of...

Perhaps have a look at who the top 20 holders are, plenty of large organisations in there. Not to mention wisdom tree ETF owns BRN shares. It's also in the ASX300.

Maybe take a look at these ETFs which hold BRN - https://fintel.io/soe/au/brn

Mr Peter Adrain Van Der Made160,305,8239.35%Merrill Lynch (Australia) Nominees Pty Limited110,211,5036.43%HSBC Custody Nominees (Australia) Limited A/C 281,403,8284.75%Citicorp Nominees Pty Limited72,462,0894.23%BNP Paribas Nominees Pty Ltd Acf Clearstream64,407,7693.76%HSBC Custody Nominees (Australia) Limited63,052,2253.68%J P Morgan Nominees Australia Pty Limited42,750,9122.49%HSBC Custody Nominees (Australia) Limited 24,983,2951.46%BNP Paribas Nominees Pty Ltd Six Sis Ltd 22,709,4871.33%Comsec Nominees Pty Limited15,338,9400.90%Ubs Nominees Pty Ltd13,169,4310.77%Cs Third Nominees Pty Limited 12,803,7990.75%Mr Louis Dinardo11,779,3620.69%LDA Capital Limited10,000,0000.58%BNP Paribas Noms Pty Ltd 9,125,6010.53%Crossfield Intech Nominees Pty Ltd 8,264,2570.48%Mr Paul Glendon Hunter8,000,0000.47%BNP Paribas Nominees Pty Ltd 7,570,1900.44%Mrs Rebecca Osseiran-Moisson 6,843,1720.40%Mr Jeffrey Brian Wilton5,800,0000.34%