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Restaurant Brands International

224 hedge funds and large institutions have $6.15B invested in Restaurant Brands International in 2015 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 65 increasing their positions, 90 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% more capital invested

Capital invested by funds: $6.1B → $6.15B (+$51.8M)

0.7% more ownership

Funds ownership: 23.07%23.77% (+0.7%)

9% less funds holding

Funds holding: 246224 (-22)

15% less funds holding in top 10

Funds holding in top 10: 1311 (-2)

28% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 90

32% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 69

36% less call options, than puts

Call options by funds: $37.6M | Put options by funds: $58.6M

Holders
224
Holders Change
-22
Holders Change %
-8.94%
% of All Funds
5.97%
Holding in Top 10
11
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-15.38%
% of All Funds
0.29%
New
47
Increased
65
Reduced
90
Closed
69
Calls
$37.6M
Puts
$58.6M
Net Calls
-$21M
Net Calls Change
+$63.8M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$42.9M -$7.97M -199,985 -15%
AI
27
Axiom Investors
Connecticut
$42.3M +$17.3M +433,359 +65%
Canada Life
28
Canada Life
Manitoba, Canada
$38.8M +$14.5M +363,976 +56%
HP
29
Hound Partners
New York
$38.2M +$39.7M +995,774 New
Bank of America
30
Bank of America
North Carolina
$37.3M -$36.9M -924,827 -49%
IGIM
31
I.G. Investment Management
Manitoba, Canada
$37.2M +$18.5M +465,061 +92%
CRM
32
Cramer Rosenthal McGlynn
Connecticut
$36.5M -$7.85M -196,973 -17%
Baillie Gifford & Co
33
Baillie Gifford & Co
United Kingdom
$35.4M -$8.73M -219,012 -19%
Bank of Nova Scotia
34
Bank of Nova Scotia
Ontario, Canada
$34.5M +$35.9M +900,325 New
PIC
35
PCJ Investment Counsel
Ontario, Canada
$30M +$31.2M +782,508 New
PI
36
Putnam Investments
Massachusetts
$28.9M +$2.45M +61,595 +9%
D.E. Shaw & Co
37
D.E. Shaw & Co
New York
$28.9M -$74M -1,856,540 -71%
Swiss National Bank
38
Swiss National Bank
Switzerland
$28.1M +$5.61M +140,800 +24%
EIG
39
EdgePoint Investment Group
Ontario, Canada
$27.6M +$2.81M +70,508 +11%
Legal & General Group
40
Legal & General Group
United Kingdom
$26.7M +$143K +3,584 +0.5%
Bank of New York Mellon
41
Bank of New York Mellon
New York
$25.5M +$1.25M +31,245 +5%
VOAM
42
Vertex One Asset Management
British Columbia, Canada
$25.3M +$6.56M +164,699 +33%
Public Sector Pension Investment Board (PSP Investments)
43
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$24.5M -$4.59M -115,110 -15%
Connor, Clark & Lunn Investment Management (CC&L)
44
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$24.4M +$14.4M +361,373 +132%
TAM
45
Taurus Asset Management
New York
$24.1M -$253K -6,344 -1%
NCA
46
Newbrook Capital Advisors
New York
$24M -$895K -22,470 -3%
Deutsche Bank
47
Deutsche Bank
Germany
$23.7M -$1.22M -30,714 -5%
ZDA
48
Zweig-DiMenna Associates
New York
$23.4M -$9.97M -250,226 -29%
IGM
49
Incline Global Management
New York
$21.7M +$5.48M +137,476 +32%
Sumitomo Mitsui Trust Group
50
Sumitomo Mitsui Trust Group
Japan
$21.5M +$12.2M +306,157 +120%

QSR Hedge Fund Activity: Q1 2015 in Review

224 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q1 2015, worth a combined $6.15B — up 0.85% from $6.1B a quarter earlier.

Sellers outnumbered buyers: 69 funds closed out of QSR and 47 opened new positions — a net loss of 22 holders — while 90 trimmed existing stakes and 65 added.

The largest buyer was Bank of Montreal, opening a new position worth an estimated $169M. The largest seller was MSD Partners, exiting entirely with an estimated $89M sold.

  • 224 institutional investors held Restaurant Brands International (QSR) as of Q1 2015, down from 246 in Q4 2014.
  • Funds reported $6.15B of Restaurant Brands International stock for Q1 2015, up 0.85% quarter-over-quarter.
  • 47 funds opened new Restaurant Brands International positions in Q1 2015 and 69 closed out, a net change of -22 holders.
  • The largest Restaurant Brands International buyer in Q1 2015 was Bank of Montreal, an estimated $169M added.
  • The largest Restaurant Brands International seller in Q1 2015 was MSD Partners, an estimated $89M sold.

Based on aggregated 13F filings for Q1 2015.