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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q2	–	Sell	-793,124	Closed	-$51.6M	–	77
2019 Q1	$51.6M	Sell	793,124 -793,124	-50%	-$48.7M	0.29%	35
2018 Q4	$83M	Sell	1,586,248 -313,752	-17%	-$17.4M	0.55%	30
2018 Q3	$113M	Hold	1,900,000	–	–	0.53%	32
2018 Q2	$115M	Hold	1,900,000	–	–	0.6%	27
2018 Q1	$108M	Hold	1,900,000	–	–	0.72%	22
2017 Q4	$117M	Sell	1,900,000 -600,000	-24%	-$38.5M	0.93%	19
2017 Q3	$160M	Buy	2,500,000 +648,752	+35%	+$40.1M	1.09%	19
2017 Q2	$116M	Sell	1,851,248 -580,832	-24%	-$34.2M	1.01%	19
2017 Q1	$136M	Buy	2,432,080 +130,000	+6%	+$6.8M	1.38%	15
2016 Q4	$110M	Buy	2,302,080 +154,265	+7%	+$7.12M	1.38%	12
2016 Q3	$95.8M	Sell	2,147,815 -348,398	-14%	-$15.8M	1.4%	14
2016 Q2	$104M	Buy	2,496,213 +36,213	+1%	+$1.5M	2.05%	9
2016 Q1	$95.5M	Sell	2,460,000 -3,942,200	-62%	-$137M	1.38%	12
2015 Q4	$239M	Buy	+6,402,200	New	+$235M	1.92%	10
2015 Q2	–	Sell	-2,345,012	Closed	-$90.1M	–	50
2015 Q1	$90.1M	Hold	2,345,012	–	–	0.99%	24
2014 Q4	$91.5M	Buy	+2,345,012	New	+$90.1M	1.08%	25