Axiom Investors’s Restaurant Brands International QSR Stock Holding History

Axiom Investors’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
2020 Q1	–	Sell	-603,715	Closed	-$38.5M	–	119
2019 Q4	$38.5M	Sell	603,715 -183,825	-23%	-$12.3M	0.9%	34
2019 Q3	$56M	Buy	+787,540	New	+$58.1M	1.51%	20
2016 Q2	–	Sell	-307,450	Closed	-$11.9M	–	152
2016 Q1	$11.9M	Sell	307,450 -683,010	-69%	-$23.8M	0.37%	51
2015 Q4	$37M	Sell	990,460 -349,140	-26%	-$12.8M	1.2%	32
2015 Q3	$48.1M	Buy	1,339,600 +252,541	+23%	+$10M	1.52%	27
2015 Q2	$41.5M	Sell	1,087,059 -13,961	-1%	-$551K	1.19%	36
2015 Q1	$42.3M	Buy	1,101,020 +433,359	+65%	+$17.3M	1.14%	36
2014 Q4	$26.1M	Buy	+667,661	New	+$25.7M	0.64%	58

Other funds holding QSR

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

PSCM

Pershing Square Capital Management New York $19.5B AUM 2.08% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

JFL

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

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

Berkshire Hathaway Omaha, Nebraska $299B AUM 27.55% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

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

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $128B AUM 35.83% 1-Year Est. Return

Axiom Investors's QSR Position: Q1 2020 in Review

Axiom Investors sold out of Restaurant Brands International (QSR) in Q1 2020, closing a stake of 603,715 shares — an estimated $38.5M sold.

Axiom Investors first reported a position in QSR in Q4 2014 and held it in 8 quarters. The position peaked at $56M in Q3 2019. 330 funds tracked by Wall St. Rank hold QSR as of Q1 2020.

Axiom Investors reported no remaining Restaurant Brands International position as of Q1 2020 after selling out during the quarter.
Axiom Investors sold 603,715 Restaurant Brands International shares in Q1 2020, an estimated $38.5M.
Axiom Investors first reported a position in Restaurant Brands International in Q4 2014 and held it in 8 quarters.
Axiom Investors's Restaurant Brands International position peaked at $56M in Q3 2019.
330 funds tracked by Wall St. Rank held Restaurant Brands International as of Q1 2020.

Based on Axiom Investors's 13F filing for Q1 2020, filed 14 May 2020.