K2 Principal Fund’s Restaurant Brands International QSR Stock Holding History

K2 Principal Fund’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 Q1	–	Sell	-18,000	Closed	-$858K	–	356
2016 Q4	$858K	Buy	18,000 +3,000	+20%	+$138K	0.08%	177
2016 Q3	$669K	Buy	15,000 +3,000	+25%	+$136K	0.08%	181
2016 Q2	$499K	Sell	12,000 -3,000	-20%	-$124K	0.07%	171
2016 Q1	$583K	Buy	+15,000	New	+$522K	0.08%	147
2015 Q4	–	Sell	-54,300	Closed	-$1.95M	–	228
2015 Q3	$1.95M	Buy	54,300 +16,000	+42%	+$634K	0.32%	70
2015 Q2	$1.46M	Buy	38,300 +15,400	+67%	+$607K	0.26%	88
2015 Q1	$880K	Buy	+22,900	New	+$913K	0.19%	100

Other funds holding QSR

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

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 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

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

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

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

JFL

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

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

K2 Principal Fund's QSR Position: Q3 2018 in Review

K2 Principal Fund sold out of Restaurant Brands International (QSR) in Q3 2018, closing a stake of 7,400 shares — an estimated $446K sold.

K2 Principal Fund first reported a position in QSR in Q4 2014 and held it in 5 quarters. The position peaked at $1.67M in Q1 2017. 288 funds tracked by Wall St. Rank hold QSR as of Q3 2018.

K2 Principal Fund reported no remaining Restaurant Brands International position as of Q3 2018 after selling out during the quarter.
K2 Principal Fund sold 7,400 Restaurant Brands International shares in Q3 2018, an estimated $446K.
K2 Principal Fund first reported a position in Restaurant Brands International in Q4 2014 and held it in 5 quarters.
K2 Principal Fund's Restaurant Brands International position peaked at $1.67M in Q1 2017.
288 funds tracked by Wall St. Rank held Restaurant Brands International as of Q3 2018.

Based on K2 Principal Fund's 13F filing for Q3 2018, filed 13 Nov 2018.