Restaurant Brands International
QSR
244 hedge funds and large institutions have $8.6B invested in Restaurant Brands International in 2016 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 80 increasing their positions, 69 reducing their positions, and 26 closing their positions.
92% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 26
16% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 69
13% more capital invested
Capital invested by funds: $7.6B → $8.6B (+$1B)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
8% more funds holding
Funds holding: 226 → 244 (+18)
3.32% more ownership
Funds ownership: 73.53% → 76.85% (+3.3%)
3% less call options, than puts
Call options by funds: $57.6M | Put options by funds: $59.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$111M |
| 2 |
HP
Hound Partners
New York
|
+$95.1M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$67.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$35.4M |
| 5 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$73.3M |
| 2 |
CCM
Conatus Capital Management
Greenwich,
Connecticut
|
-$58.7M |
| 3 |
PIP
Permian Investment Partners
Dallas,
Texas
|
-$26.7M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$23.1M |
| 5 |
CGI
CI Global Investments
Oakland,
California
|
-$20.1M |
QSR Hedge Fund Activity: Q4 2016 in Review
244 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q4 2016, worth a combined $8.6B — up 13% from $7.6B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new QSR positions and 26 closed out — a net gain of 24 holders — while 80 added to existing stakes and 69 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $111M. The largest seller was I.G. Investment Management, exiting entirely with an estimated $73.3M sold.
- 244 institutional investors held Restaurant Brands International (QSR) as of Q4 2016, up from 226 in Q3 2016.
- Funds reported $8.6B of Restaurant Brands International stock for Q4 2016, up 13% quarter-over-quarter.
- 50 funds opened new Restaurant Brands International positions in Q4 2016 and 26 closed out, a net change of +24 holders.
- The largest Restaurant Brands International buyer in Q4 2016 was 1832 Asset Management, an estimated $111M added.
- The largest Restaurant Brands International seller in Q4 2016 was I.G. Investment Management, an estimated $73.3M sold.
Based on aggregated 13F filings for Q4 2016.