BBT Capital Management’s Restaurant Brands International QSR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-316,740	Closed	-$12.4M	–	165
2014 Q4	$12.4M	Buy	+316,740	New	+$12.4M	1.03%	20