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 Q3	–	Sell	-20,000	Closed	-$1.25M	–	384
2017 Q2	$1.25M	Hold	20,000	–	–	0.08%	188
2017 Q1	$1.11M	Buy	+20,000	New	+$1.05M	0.09%	180
2016 Q3	–	Sell	-5,000	Closed	-$208K	–	308
2016 Q2	$208K	Buy	+5,000	New	+$207K	0.03%	218
2015 Q3	–	Sell	-6,000	Closed	-$229K	–	192
2015 Q2	$229K	Sell	6,000 -135,100	-96%	-$5.33M	0.04%	152
2015 Q1	$5.42M	Sell	141,100 -38,300	-21%	-$1.53M	1.14%	25
2014 Q4	$7M	Buy	+179,400	New	+$6.89M	1.64%	13

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.