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Restaurant Brands International

211 hedge funds and large institutions have $6.7B invested in Restaurant Brands International in 2016 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 65 increasing their positions, 78 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 30

2% more funds holding

Funds holding: 207211 (+4)

1% more capital invested

Capital invested by funds: $6.66B → $6.7B (+$44.5M)

15.63% less ownership

Funds ownership: 89.09%73.46% (-16%)

17% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 78

29% less funds holding in top 10

Funds holding in top 10: 1712 (-5)

61% less call options, than puts

Call options by funds: $23.3M | Put options by funds: $59.5M

Holders
211
Holders Change
+4
Holders Change %
+1.93%
% of All Funds
5.62%
Holding in Top 10
12
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-29.41%
% of All Funds
0.32%
New
37
Increased
65
Reduced
78
Closed
30
Calls
$23.3M
Puts
$59.5M
Net Calls
-$36.2M
Net Calls Change
+$4.64M
Name Holding Trade Value Shares
Change
Change in
Stake
TA
26
Teachers Advisors
New York
$66.8M -$15.1M -433,647 -20%
IGIM
27
I.G. Investment Management
Manitoba, Canada
$59.5M -$4.07M -116,899 -7%
VCM
28
Valiant Capital Management
California
$55.7M +$49.9M +1,435,700 New
EIG
29
EdgePoint Investment Group
Ontario, Canada
$48.6M +$1.71M +49,280 +4%
Norges Bank
30
Norges Bank
Norway
$48.4M -$6.24M -179,388 -13%
Bank of America
31
Bank of America
North Carolina
$45.6M -$11.2M -321,049 -21%
JP Morgan Chase
32
JP Morgan Chase
New York
$44.6M -$3.84M -110,403 -9%
Morgan Stanley
33
Morgan Stanley
New York
$42.1M -$31.9M -917,703 -46%
Swiss National Bank
34
Swiss National Bank
Switzerland
$41.5M +$7.42M +213,300 +24%
Canada Life
35
Canada Life
Manitoba, Canada
$40.1M -$11.6M -332,886 -24%
ACM
36
ADI Capital Management
New York
$39.5M +$13.5M +387,800 +62%
PIC
37
PCJ Investment Counsel
Ontario, Canada
$30.5M -$14.6M -420,301 -35%
CIBC Asset Management
38
CIBC Asset Management
Ontario, Canada
$29.9M +$476K +13,683 +2%
IGM
39
Incline Global Management
New York
$29.7M -$8.2M -235,786 -23%
Legal & General Group
40
Legal & General Group
United Kingdom
$29.3M +$798K +22,952 +3%
CGI
41
CI Global Investments
California
$29.2M -$19.1M -549,648 -42%
Deutsche Bank
42
Deutsche Bank
Germany
$25.6M -$15.6M -449,762 -41%
ESG
43
Emerging Sovereign Group
New York
$25.5M -$5.38M -154,600 -19%
SIMC
44
Stillwater Investment Management (California)
California
$25M +$17.8M +512,400 +387%
Massachusetts Financial Services
45
Massachusetts Financial Services
Massachusetts
$24.5M +$2.3M +66,026 +12%
TAM
46
Taurus Asset Management
New York
$24.4M
Sumitomo Mitsui Trust Group
47
Sumitomo Mitsui Trust Group
Japan
$22.4M +$1.28M +36,764 +7%
CS
48
Credit Suisse
Switzerland
$22M +$879K +25,261 +5%
Public Sector Pension Investment Board (PSP Investments)
49
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$20.2M -$2.65M -76,300 -13%
Bank of Nova Scotia
50
Bank of Nova Scotia
Ontario, Canada
$19.9M -$3.56M -102,228 -17%

QSR Hedge Fund Activity: Q1 2016 in Review

211 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q1 2016, worth a combined $6.7B — up 0.67% from $6.66B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new QSR positions and 30 closed out — a net gain of 7 holders — while 65 added to existing stakes and 78 trimmed.

The largest buyer was Valinor Management, opening a new position worth an estimated $108M. The largest seller was Tiger Global Management, cutting an estimated $137M.

  • 211 institutional investors held Restaurant Brands International (QSR) as of Q1 2016, up from 207 in Q4 2015.
  • Funds reported $6.7B of Restaurant Brands International stock for Q1 2016, up 0.67% quarter-over-quarter.
  • 37 funds opened new Restaurant Brands International positions in Q1 2016 and 30 closed out, a net change of +7 holders.
  • The largest Restaurant Brands International buyer in Q1 2016 was Valinor Management, an estimated $108M added.
  • The largest Restaurant Brands International seller in Q1 2016 was Tiger Global Management, an estimated $137M sold.

Based on aggregated 13F filings for Q1 2016.