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

Conatus Capital Management’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
2017 Q4	$6.48M	Sell	105,374 -719,078	-87%	-$46.1M	7.02%	6
2017 Q3	$52.7M	Buy	824,452 +225,985	+38%	+$14M	6.36%	6
2017 Q2	$37.4M	Buy	598,467 +261,261	+77%	+$15.4M	3.44%	15
2017 Q1	$18.8M	Buy	+337,206	New	+$17.7M	1.4%	27
2016 Q4	–	Sell	-1,316,667	Closed	-$58.7M	–	31
2016 Q3	$58.7M	Sell	1,316,667 -395,416	-23%	-$17.9M	3.83%	14
2016 Q2	$71.2M	Sell	1,712,083 -284,048	-14%	-$11.7M	4.5%	10
2016 Q1	$77.5M	Sell	1,996,131 -315,491	-14%	-$11M	5.03%	9
2015 Q4	$86.4M	Sell	2,311,622 -249,879	-10%	-$9.18M	5.68%	9
2015 Q3	$92M	Buy	2,561,501 +1,756,387	+218%	+$69.6M	5.81%	8
2015 Q2	$30.8M	Buy	+805,114	New	+$31.7M	1.87%	20

Other funds holding QSR

PSCM

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

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

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

Principal Financial Group Des Moines, Iowa $187B AUM 18.48% 1-Year Est. Return

Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

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

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

SCM

Suvretta Capital Management New York $3.92B AUM 86.67% 1-Year Est. Return

Conatus Capital Management's QSR Position: Q4 2017 in Review

Conatus Capital Management reduced its Restaurant Brands International (QSR) stake by 87% in Q4 2017, selling an estimated $46.1M and leaving 105,374 shares worth $6.48M. The position accounts for 7.02% of the portfolio, ranked #6.

Conatus Capital Management first reported a position in QSR in Q2 2015 and has held it in 10 quarters since. The position peaked at $92M in Q3 2015. 308 funds tracked by Wall St. Rank hold QSR as of Q4 2017.

Conatus Capital Management held 105,374 shares of Restaurant Brands International worth $6.48M as of Q4 2017.
Conatus Capital Management sold 719,078 Restaurant Brands International shares in Q4 2017, an estimated $46.1M.
Restaurant Brands International made up 7.02% of Conatus Capital Management's portfolio in Q4 2017, its #6 holding.
Conatus Capital Management first reported a position in Restaurant Brands International in Q2 2015 and has held it in 10 quarters since.
Conatus Capital Management's Restaurant Brands International position peaked at $92M in Q3 2015.
308 funds tracked by Wall St. Rank held Restaurant Brands International as of Q4 2017.

Based on Conatus Capital Management's 13F filing for Q4 2017, filed 14 Feb 2018.