Adage Capital Partners’s Restaurant Brands International QSR Stock Holding History

Adage Capital Partners’s Portfolio QSR Stock Details QSR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q1	–	Sell	-508,200	Closed	-$32.9M	–	974
2022 Q4	$32.9M	Sell	508,200 -63,300	-11%	-$3.89M	0.08%	300
2022 Q3	$30.4M	Buy	571,500 +350,500	+159%	+$19.8M	0.08%	284
2022 Q2	$11.1M	Buy	221,000 +113,000	+105%	+$6.04M	0.03%	644
2022 Q1	$6.31M	Buy	+108,000	New	+$6.14M	0.01%	795

Other funds holding QSR

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

PSCM

Pershing Square Capital Management New York $13.7B AUM 13.45% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

EIG

EdgePoint Investment Group Toronto, Ontario, Canada $12.5B AUM 31.7% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BGC

Beutel, Goodman & Co Toronto, Ontario, Canada $14.8B AUM 15.12% 1-Year Est. Return

JFL

Jarislowsky, Fraser Ltd Montreal, Quebec, Canada $18.2B AUM 22.04% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $129B AUM 30.83% 1-Year Est. Return

Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return

Adage Capital Partners's QSR Position: Q1 2023 in Review

Adage Capital Partners sold out of Restaurant Brands International (QSR) in Q1 2023, closing a stake of 508,200 shares — an estimated $32.9M sold.

Adage Capital Partners first reported a position in QSR in Q1 2022 and held it in 4 quarters. The position peaked at $32.9M in Q4 2022. 432 funds tracked by Wall St. Rank hold QSR as of Q1 2023.

Adage Capital Partners reported no remaining Restaurant Brands International position as of Q1 2023 after selling out during the quarter.
Adage Capital Partners sold 508,200 Restaurant Brands International shares in Q1 2023, an estimated $32.9M.
Adage Capital Partners first reported a position in Restaurant Brands International in Q1 2022 and held it in 4 quarters.
Adage Capital Partners's Restaurant Brands International position peaked at $32.9M in Q4 2022.
432 funds tracked by Wall St. Rank held Restaurant Brands International as of Q1 2023.

Based on Adage Capital Partners's 13F filing for Q1 2023, filed 15 May 2023.