Harris Associates’s Restaurant Brands International QSR Stock Holding History

Harris Associates’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 Q3	–	Sell	-864,439	Closed	-$67M	–	146
2023 Q2	$67M	Sell	864,439 -830,104	-49%	-$59.9M	0.13%	83
2023 Q1	$114M	Sell	1,694,543 -26,500	-2%	-$1.73M	0.22%	81
2022 Q4	$111M	Sell	1,721,043 -589,560	-26%	-$36.2M	0.23%	82
2022 Q3	$123M	Sell	2,310,603 -2,669,430	-54%	-$151M	0.21%	81
2022 Q2	$250M	Sell	4,980,033 -410,200	-8%	-$21.9M	0.4%	63
2022 Q1	$315M	Sell	5,390,233 -257,855	-5%	-$14.7M	0.41%	67
2021 Q4	$343M	Buy	5,648,088 +1,651,445	+41%	+$97.3M	0.53%	52
2021 Q3	$245M	Sell	3,996,643 -4,765	-0.1%	-$305K	0.39%	64
2021 Q2	$258M	Sell	4,001,408 -4,700	-0.1%	-$317K	0.41%	62
2021 Q1	$260M	Buy	4,006,108 +1,855,133	+86%	+$115M	0.45%	62
2020 Q4	$131M	Buy	+2,150,975	New	+$126M	0.25%	80

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

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

JFL

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

BGC

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

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

Harris Associates's QSR Position: Q3 2023 in Review

Harris Associates sold out of Restaurant Brands International (QSR) in Q3 2023, closing a stake of 864,439 shares — an estimated $67M sold.

Harris Associates first reported a position in QSR in Q4 2020 and held it in 11 quarters. The position peaked at $343M in Q4 2021. 437 funds tracked by Wall St. Rank hold QSR as of Q3 2023.

Harris Associates reported no remaining Restaurant Brands International position as of Q3 2023 after selling out during the quarter.
Harris Associates sold 864,439 Restaurant Brands International shares in Q3 2023, an estimated $67M.
Harris Associates first reported a position in Restaurant Brands International in Q4 2020 and held it in 11 quarters.
Harris Associates's Restaurant Brands International position peaked at $343M in Q4 2021.
437 funds tracked by Wall St. Rank held Restaurant Brands International as of Q3 2023.

Based on Harris Associates's 13F filing for Q3 2023, filed 14 Nov 2023.