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Restaurant Brands International

427 hedge funds and large institutions have $16.2B invested in Restaurant Brands International in 2022 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 121 increasing their positions, 167 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

106% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 36

40% more call options, than puts

Call options by funds: $233M | Put options by funds: $166M

28% more capital invested

Capital invested by funds: $12.7B → $16.2B (+$3.56B)

23% more funds holding in top 10

Funds holding in top 10: 1316 (+3)

8% more funds holding

Funds holding: 395427 (+32)

2.58% more ownership

Funds ownership: 79.48%82.06% (+2.6%)

28% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 167

Holders
427
Holders Change
+32
Holders Change %
+8.1%
% of All Funds
6.86%
Holding in Top 10
16
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+23.08%
% of All Funds
0.26%
New
74
Increased
121
Reduced
167
Closed
36
Calls
$233M
Puts
$166M
Net Calls
+$66.8M
Net Calls Change
+$47.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Harris Associates
26
Harris Associates
Illinois
$111M -$36.2M -589,560 -26%
BAM
27
Burgundy Asset Management
Ontario, Canada
$110M -$9.22M -150,120 -8%
JP Morgan Chase
28
JP Morgan Chase
New York
$103M +$2.88M +46,915 +3%
EARNEST Partners
29
EARNEST Partners
Georgia
$103M -$1.34M -21,887 -1%
Goldman Sachs
30
Goldman Sachs
New York
$103M -$73.8M -1,200,875 -43%
SC
31
Scotia Capital
Ontario, Canada
$99.4M -$2.89M -47,059 -3%
Citadel Advisors
32
Citadel Advisors
Florida
$92.6M -$41.7M -678,735 -32%
TWC
33
TD Waterhouse Canada
Ontario, Canada
$92M -$3.09M -50,299 -4%
Norges Bank
34
Norges Bank
Norway
$91.1M +$3.79M +61,682 +5%
Primecap Management
35
Primecap Management
California
$88.5M
Legal & General Group
36
Legal & General Group
United Kingdom
$84.7M -$7.33M -119,319 -8%
GCC
37
Guardian Capital (Canada)
Ontario, Canada
$81.9M -$4.86M -79,162 -6%
Swiss National Bank
38
Swiss National Bank
Switzerland
$79.2M -$5.8M -94,431 -7%
Renaissance Technologies
39
Renaissance Technologies
New York
$77.4M +$57.1M +929,387 +349%
Toronto Dominion Bank
40
Toronto Dominion Bank
Ontario, Canada
$75.9M -$711K -11,565 -1%
CAM
41
Cidel Asset Management
Ontario, Canada
$66.2M -$5.56M -90,532 -8%
Point72 Asset Management
42
Point72 Asset Management
Connecticut
$65.1M -$25.9M -421,915 -30%
Caisse de Depot et Placement du Quebec (CDPQ)
43
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$65.1M +$6.14M +100,000 +11%
CS
44
Credit Suisse
Switzerland
$64.8M -$1.78M -29,018 -3%
SAM
45
Scopus Asset Management
New York
$64.7M -$26.1M -425,000 -30%
Geode Capital Management
46
Geode Capital Management
Massachusetts
$59.8M -$788K -12,825 -1%
Bank of America
47
Bank of America
North Carolina
$59.2M +$5.94M +96,729 +12%
AIMCA
48
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$58.8M +$2.59M +42,167 +5%
LBA
49
Letko, Brosseau & Associates
Quebec, Canada
$52.4M -$5.98M -97,350 -11%
Amundi
50
Amundi
France
$49.7M +$8.89M +144,689 +24%

QSR Hedge Fund Activity: Q4 2022 in Review

427 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q4 2022, worth a combined $16.2B — up 28% from $12.7B a quarter earlier.

Buyers outnumbered sellers: 74 funds opened new QSR positions and 36 closed out — a net gain of 38 holders — while 121 added to existing stakes and 167 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $312M. The largest seller was Jarislowsky, Fraser Ltd, cutting an estimated $130M.

  • 427 institutional investors held Restaurant Brands International (QSR) as of Q4 2022, up from 395 in Q3 2022.
  • Funds reported $16.2B of Restaurant Brands International stock for Q4 2022, up 28% quarter-over-quarter.
  • 74 funds opened new Restaurant Brands International positions in Q4 2022 and 36 closed out, a net change of +38 holders.
  • The largest Restaurant Brands International buyer in Q4 2022 was Capital Research Global Investors, an estimated $312M added.
  • The largest Restaurant Brands International seller in Q4 2022 was Jarislowsky, Fraser Ltd, an estimated $130M sold.

Based on aggregated 13F filings for Q4 2022.