Stillwater Investment Management (California)’s Restaurant Brands International QSR Stock Holding History

Stillwater Investment Management (California)’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	$27.4M	Sell	429,378 -198,157	-32%	-$12.2M	11.7%	3
2017 Q2	$39.2M	Sell	627,535 -5,739	-0.9%	-$338K	10.24%	2
2017 Q1	$35.3M	Sell	633,274 -47,226	-7%	-$2.47M	10.15%	3
2016 Q4	$32.4M	Hold	680,500	–	–	9.45%	2
2016 Q3	$30.3M	Buy	680,500 +35,600	+6%	+$1.61M	10.21%	1
2016 Q2	$26.8M	Hold	644,900	–	–	15.39%	2
2016 Q1	$25M	Buy	644,900 +512,400	+387%	+$17.8M	6.56%	3
2015 Q4	$4.95M	Buy	+132,500	New	+$4.87M	1.12%	24

Other funds holding QSR

PSCM

Pershing Square Capital Management New York $13.7B AUM 13.45% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

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

Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 1-Year Est. Return

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

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

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

SCM

Suvretta Capital Management New York $3.92B AUM 86.67% 1-Year Est. Return

Stillwater Investment Management (California)'s QSR Position: Q3 2017 in Review

Stillwater Investment Management (California) reduced its Restaurant Brands International (QSR) stake by 32% in Q3 2017, selling an estimated $12.2M and leaving 429,378 shares worth $27.4M. The position accounts for 11.7% of the portfolio, ranked #3.

Stillwater Investment Management (California) first reported a position in QSR in Q4 2015 and has held it in 8 quarters since. The position peaked at $39.2M in Q2 2017. 282 funds tracked by Wall St. Rank hold QSR as of Q3 2017.

Stillwater Investment Management (California) held 429,378 shares of Restaurant Brands International worth $27.4M as of Q3 2017.
Stillwater Investment Management (California) sold 198,157 Restaurant Brands International shares in Q3 2017, an estimated $12.2M.
Restaurant Brands International made up 11.7% of Stillwater Investment Management (California)'s portfolio in Q3 2017, its #3 holding.
Stillwater Investment Management (California) first reported a position in Restaurant Brands International in Q4 2015 and has held it in 8 quarters since.
Stillwater Investment Management (California)'s Restaurant Brands International position peaked at $39.2M in Q2 2017.
282 funds tracked by Wall St. Rank held Restaurant Brands International as of Q3 2017.

Based on Stillwater Investment Management (California)'s 13F filing for Q3 2017, filed 8 Nov 2017.