Restaurant Brands International
QSR
282 hedge funds and large institutions have $12.1B invested in Restaurant Brands International in 2017 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 105 increasing their positions, 89 reducing their positions, and 30 closing their positions.
31% more call options, than puts
Call options by funds: $67.6M | Put options by funds: $51.5M
18% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 89
17% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 30
2.41% more ownership
Funds ownership: 78.05% → 80.46% (+2.4%)
5% more capital invested
Capital invested by funds: $11.6B → $12.1B (+$577M)
0% more funds holding
Funds holding: 282 → 282 (0)
0% more funds holding in top 10
Funds holding in top 10: 18 → 18 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$696M |
| 2 |
SC
Samlyn Capital
New York
|
+$92M |
| 3 |
MCM
Melvin Capital Management
New York
|
+$84.4M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$80.7M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$75.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Pershing Square Capital Management
New York
|
-$782M |
| 2 |
HP
Hound Partners
New York
|
-$70.7M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$54.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$47.3M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$46.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SM
301
SG3 Management
Dorado,
Puerto Rico
| – | -$313K | -5,000 | Closed |
|
|
BC
302
Blueport Capital
Fort Worth,
Texas
| – | -$287K | -4,584 | Closed |
|
|
GC
303
Gilbert & Cook
West Des Moines,
Iowa
| – | -$263K | -4,204 | Closed |
|
304
LPL Financial
San Diego,
California
| – | -$227K | -3,625 | Closed |
|
305
Squarepoint
New York
| – | -$215K | -3,444 | Closed |
|
|
FNBOO
306
First National Bank of Omaha
Omaha,
Nebraska
| – | -$207K | -3,315 | Closed |
|
|
NA
307
NewEdge Advisors
New Orleans,
Louisiana
| – | -$99.6K | -1,607 | Closed |
|
|
AIM
308
Acrospire Investment Management
Chicago,
Illinois
| – | -$53K | -841 | Closed |
|
|
FC
309
Ferris Capital
Marlborough,
Massachusetts
| – | -$25K | -400 | Closed |
|
310
SEI Investments
Oaks,
Pennsylvania
| – | -$22K | -353 | Closed |
|
|
MWM
311
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$16K | -261 | Closed |
|
312
AssetMark Inc
Concord,
California
| – | +$309 | +5 | New |
|
QSR Hedge Fund Activity: Q3 2017 in Review
282 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q3 2017, worth a combined $12.1B — up 5% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new QSR positions and 30 closed out — a net gain of 5 holders — while 105 added to existing stakes and 89 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $696M. The largest seller was Pershing Square Capital Management, cutting an estimated $782M.
- 282 institutional investors held Restaurant Brands International (QSR) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $12.1B of Restaurant Brands International stock for Q3 2017, up 5% quarter-over-quarter.
- 35 funds opened new Restaurant Brands International positions in Q3 2017 and 30 closed out, a net change of +5 holders.
- The largest Restaurant Brands International buyer in Q3 2017 was T. Rowe Price Associates, an estimated $696M added.
- The largest Restaurant Brands International seller in Q3 2017 was Pershing Square Capital Management, an estimated $782M sold.
Based on aggregated 13F filings for Q3 2017.