Restaurant Brands International
360 hedge funds and large institutions have $16.1B invested in Restaurant Brands International in 2021 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 134 increasing their positions, 114 reducing their positions, and 57 closing their positions.
31% more call options, than puts
Call options by funds: $107M | Put options by funds: $82M
18% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 114
9% more capital invested
Capital invested by funds: $14.7B → $16.1B (+$1.35B)
1.55% more ownership
Funds ownership: 78.71% → 80.26% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
2% less funds holding
Funds holding: 369 → 360 (-9)
11% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$263M |
| 2 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$166M |
| 3 |
Harris Associates
Chicago,
Illinois
|
+$115M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$97.7M |
| 5 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$121M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$105M |
| 3 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$87.3M |
| 4 |
C
Consulta
London,
United Kingdom
|
-$77.9M |
| 5 |
PSCM
Pershing Square Capital Management
New York
|
-$68.9M |
QSR Hedge Fund Activity: Q1 2021 in Review
360 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q1 2021, worth a combined $16.1B — up 9.2% from $14.7B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of QSR and 51 opened new positions — a net loss of 6 holders — while 114 trimmed existing stakes and 134 added.
The largest buyer was Royal Bank of Canada, adding an estimated $263M. The largest seller was Canada Life, cutting an estimated $121M.
- 360 institutional investors held Restaurant Brands International (QSR) as of Q1 2021, down from 369 in Q4 2020.
- Funds reported $16.1B of Restaurant Brands International stock for Q1 2021, up 9.2% quarter-over-quarter.
- 51 funds opened new Restaurant Brands International positions in Q1 2021 and 57 closed out, a net change of -6 holders.
- The largest Restaurant Brands International buyer in Q1 2021 was Royal Bank of Canada, an estimated $263M added.
- The largest Restaurant Brands International seller in Q1 2021 was Canada Life, an estimated $121M sold.
Based on aggregated 13F filings for Q1 2021.