Emerging Sovereign Group’s Restaurant Brands International QSR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-657,340	Closed	-$25.5M	–	26
2016 Q1	$25.5M	Sell	657,340 -154,600	-19%	-$6M	1.56%	20
2015 Q4	$30.3M	Buy	+811,940	New	+$30.3M	1.53%	17
2015 Q3	–	Sell	-242,074	Closed	-$9.25M	–	30
2015 Q2	$9.25M	Buy	+242,074	New	+$9.25M	0.34%	21