Incline Global Management’s Restaurant Brands International QSR Stock Holding History

Incline Global 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
2022 Q2	–	Sell	-555,036	Closed	-$32.4M	–	23
2022 Q1	$32.4M	Buy	555,036 +451,258	+435%	+$25.7M	6.23%	5
2021 Q4	$6.3M	Sell	103,778 -624,068	-86%	-$36.8M	1.33%	15
2021 Q3	$44.5M	Buy	727,846 +1,454	+0.2%	+$93.1K	6.28%	5
2021 Q2	$46.8M	Buy	+726,392	New	+$48.9M	5.25%	8
2021 Q1	–	Sell	-3,718	Closed	-$227K	–	23
2020 Q4	$227K	Buy	+3,718	New	+$217K	0.04%	18
2020 Q1	–	Sell	-48,118	Closed	-$3.07M	–	24
2019 Q4	$3.07M	Buy	+48,118	New	+$3.22M	0.75%	18
2019 Q1	–	Sell	-706,808	Closed	-$37M	–	30
2018 Q4	$37M	Sell	706,808 -210,850	-23%	-$11.7M	7.17%	7
2018 Q3	$54.4M	Buy	917,658 +137,783	+18%	+$8.39M	3.89%	11
2018 Q2	$47M	Sell	779,875 -171,630	-18%	-$9.83M	2.95%	19
2018 Q1	$54.2M	Buy	+951,505	New	+$56.5M	2.93%	17
2016 Q2	–	Sell	-768,852	Closed	-$29.7M	–	25
2016 Q1	$29.7M	Sell	768,852 -235,786	-23%	-$8.2M	6.86%	2
2015 Q4	$37.5M	Buy	1,004,638 +150,052	+18%	+$5.51M	7.69%	2
2015 Q3	$30.7M	Buy	854,586 +186,857	+28%	+$7.41M	6.78%	2
2015 Q2	$25.5M	Buy	667,729 +102,116	+18%	+$4.03M	5.66%	1
2015 Q1	$21.7M	Buy	565,613 +137,476	+32%	+$5.48M	5.4%	1
2014 Q4	$16.7M	Buy	+428,137	New	+$16.4M	4.94%	2

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

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

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

Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return

Harris Associates Chicago, Illinois $75B AUM 11.27% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $116B AUM 26.37% 1-Year Est. Return

Incline Global Management's QSR Position: Q2 2022 in Review

Incline Global Management sold out of Restaurant Brands International (QSR) in Q2 2022, closing a stake of 555,036 shares — an estimated $32.4M sold.

Incline Global Management first reported a position in QSR in Q4 2014 and held it in 16 quarters. The position peaked at $54.4M in Q3 2018. 384 funds tracked by Wall St. Rank hold QSR as of Q2 2022.

Incline Global Management reported no remaining Restaurant Brands International position as of Q2 2022 after selling out during the quarter.
Incline Global Management sold 555,036 Restaurant Brands International shares in Q2 2022, an estimated $32.4M.
Incline Global Management first reported a position in Restaurant Brands International in Q4 2014 and held it in 16 quarters.
Incline Global Management's Restaurant Brands International position peaked at $54.4M in Q3 2018.
384 funds tracked by Wall St. Rank held Restaurant Brands International as of Q2 2022.

Based on Incline Global Management's 13F filing for Q2 2022, filed 15 Aug 2022.