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Restaurant Brands International

308 hedge funds and large institutions have $11.8B invested in Restaurant Brands International in 2017 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 96 increasing their positions, 90 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 36

9% more funds holding

Funds holding: 282308 (+26)

7% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 90

0.02% less ownership

Funds ownership: 80.46%80.44% (-0.02%)

3% less call options, than puts

Call options by funds: $57.1M | Put options by funds: $58.8M

3% less capital invested

Capital invested by funds: $12.1B → $11.8B (-$360M)

22% less funds holding in top 10

Funds holding in top 10: 1814 (-4)

Holders
308
Holders Change
+26
Holders Change %
+9.22%
% of All Funds
6.99%
Holding in Top 10
14
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-22.22%
% of All Funds
0.32%
New
65
Increased
96
Reduced
90
Closed
36
Calls
$57.1M
Puts
$58.8M
Net Calls
-$1.61M
Net Calls Change
-$17.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Bessemer Group
26
Bessemer Group
New Jersey
$99.7M +$1.28M +19,977 +1%
Morgan Stanley
27
Morgan Stanley
New York
$91.1M +$27.6M +430,811 +41%
SC
28
Samlyn Capital
New York
$83.6M -$9.38M -146,289 -10%
EIG
29
EdgePoint Investment Group
Ontario, Canada
$79.8M
Fiera Capital (Canada)
30
Fiera Capital (Canada)
Quebec, Canada
$78.4M -$4.24M -66,107 -5%
TCIM
31
TIAA CREF Investment Management
New York
$77.6M -$16.5K -258 -0%
Holocene Advisors
32
Holocene Advisors
New York
$76.4M +$79.7M +1,243,113 New
Toronto Dominion Bank
33
Toronto Dominion Bank
Ontario, Canada
$72.5M +$8.84M +137,866 +13%
TA
34
Teachers Advisors
New York
$69.6M -$10.2M -158,993 -12%
Arrowstreet Capital
35
Arrowstreet Capital
Massachusetts
$69.3M +$72.3M +1,127,676 New
SAM
36
Scopus Asset Management
New York
$69.2M -$3.9M -60,800 -5%
Deutsche Bank
37
Deutsche Bank
Germany
$67.2M +$17.3M +270,305 +33%
NCA
38
Newbrook Capital Advisors
New York
$64.7M +$252K +3,923 +0.4%
Bank of Nova Scotia
39
Bank of Nova Scotia
Ontario, Canada
$63.2M +$34.4M +535,884 +109%
QI
40
QV Investors
Alberta, Canada
$60.7M -$31.3M -487,800 -38%
CGI
41
CI Global Investments
California
$59.4M +$16.4M +256,471 +36%
PCM
42
Palestra Capital Management
New York
$59.2M -$31.2M -487,000 -34%
Legal & General Group
43
Legal & General Group
United Kingdom
$54.6M -$1.17M -18,304 -2%
Swiss National Bank
44
Swiss National Bank
Switzerland
$53.2M
AG
45
Aravt Global
New York
$51.5M
Bank of America
46
Bank of America
North Carolina
$50M -$12.4M -192,789 -19%
UOC
47
UBS O'Connor
Illinois
$49.8M -$13.6M -211,658 -21%
ACM
48
Argent Capital Management
Missouri
$49.6M +$19.3M +300,935 +58%
MCM
49
Melvin Capital Management
New York
$49.2M -$105M -1,640,585 -67%
Alkeon Capital Management
50
Alkeon Capital Management
New York
$44.5M +$1.52M +23,722 +3%

QSR Hedge Fund Activity: Q4 2017 in Review

308 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q4 2017, worth a combined $11.8B — down 3% from $12.1B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new QSR positions and 36 closed out — a net gain of 29 holders — while 96 added to existing stakes and 90 trimmed.

The largest buyer was Millennium Management, adding an estimated $143M. The largest seller was Valinor Management, exiting entirely with an estimated $210M sold.

  • 308 institutional investors held Restaurant Brands International (QSR) as of Q4 2017, up from 282 in Q3 2017.
  • Funds reported $11.8B of Restaurant Brands International stock for Q4 2017, down 3% quarter-over-quarter.
  • 65 funds opened new Restaurant Brands International positions in Q4 2017 and 36 closed out, a net change of +29 holders.
  • The largest Restaurant Brands International buyer in Q4 2017 was Millennium Management, an estimated $143M added.
  • The largest Restaurant Brands International seller in Q4 2017 was Valinor Management, an estimated $210M sold.

Based on aggregated 13F filings for Q4 2017.