Steadfast Capital Management’s Restaurant Brands International QSR Stock Holding History

Steadfast Capital 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
2020 Q1	–	Sell	-3,313,657	Closed	-$211M	–	79
2019 Q4	$211M	Sell	3,313,657 -502,602	-13%	-$33.6M	2.31%	18
2019 Q3	$271M	Buy	3,816,259 +1,722,227	+82%	+$127M	3.7%	8
2019 Q2	$146M	Buy	2,094,032 +257,166	+14%	+$17.2M	1.94%	22
2019 Q1	$120M	Sell	1,836,866 -902	-0%	-$55.4K	1.88%	21
2018 Q4	$96.1M	Sell	1,837,768 -131,181	-7%	-$7.28M	1.71%	21
2018 Q3	$117M	Buy	1,968,949 +10,344	+0.5%	+$630K	1.66%	24
2018 Q2	$118M	Buy	+1,958,605	New	+$112M	1.76%	24

Other funds holding QSR

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

PSCM

Pershing Square Capital Management New York $19.5B AUM 2.08% 1-Year Est. Return

Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return

JFL

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

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

Berkshire Hathaway Omaha, Nebraska $299B AUM 27.55% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

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

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $128B AUM 35.83% 1-Year Est. Return

Steadfast Capital Management's QSR Position: Q1 2020 in Review

Steadfast Capital Management sold out of Restaurant Brands International (QSR) in Q1 2020, closing a stake of 3,313,657 shares — an estimated $211M sold.

Steadfast Capital Management first reported a position in QSR in Q2 2018 and held it in 7 quarters. The position peaked at $271M in Q3 2019. 330 funds tracked by Wall St. Rank hold QSR as of Q1 2020.

Steadfast Capital Management reported no remaining Restaurant Brands International position as of Q1 2020 after selling out during the quarter.
Steadfast Capital Management sold 3,313,657 Restaurant Brands International shares in Q1 2020, an estimated $211M.
Steadfast Capital Management first reported a position in Restaurant Brands International in Q2 2018 and held it in 7 quarters.
Steadfast Capital Management's Restaurant Brands International position peaked at $271M in Q3 2019.
330 funds tracked by Wall St. Rank held Restaurant Brands International as of Q1 2020.

Based on Steadfast Capital Management's 13F filing for Q1 2020, filed 15 May 2020.