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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
CIBC Asset Management
51
CIBC Asset Management
Ontario, Canada
$21.1M -$33.7K -845 -0.2%
DFO
52
Duquesne Family Office
New York
$19.7M +$20.5M +514,000 New
ACM
53
ADI Capital Management
New York
$19.2M +$8.44M +211,684 +74%
HK
54
Horizon Kinetics
New York
$17.8M +$303K +7,591 +2%
CS
55
Credit Suisse
Switzerland
$17.5M -$3.99M -100,094 -18%
State of Wisconsin Investment Board
56
State of Wisconsin Investment Board
Wisconsin
$17.5M +$11.5M +288,642 +173%
WCA
57
Waratah Capital Advisors
Ontario, Canada
$17.4M +$8.88M +222,860 +97%
UBS AM
58
UBS AM
Illinois
$17.4M +$2.81M +70,461 +18%
Northern Trust
59
Northern Trust
Illinois
$17.4M +$985K +24,705 +6%
Point72 Asset Management
60
Point72 Asset Management
Connecticut
$17.3M -$18.9M -473,700 -51%
MCG
61
Meru Capital Group
New York
$17.2M +$5.38M +135,100 +43%
Goldman Sachs
62
Goldman Sachs
New York
$16.2M +$342K +8,572 +2%
JHIU
63
Janus Henderson Investors US
Colorado
$15.2M -$4.33M -108,610 -22%
California State Teachers Retirement System (CalSTRS)
64
California State Teachers Retirement System (CalSTRS)
California
$14.2M +$6.86M +172,100 +88%
Millennium Management
65
Millennium Management
New York
$14.1M -$25.2M -631,269 -63%
Invesco
66
Invesco
Georgia
$13.5M -$7.5M -188,126 -35%
US Bancorp
67
US Bancorp
Minnesota
$12.8M -$159 -4 -0%
State of Tennessee, Department of Treasury
68
State of Tennessee, Department of Treasury
Tennessee
$11.4M +$8.95M +224,627 +311%
AIMCA
69
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$11.1M +$976K +24,496 +12%
ARTA
70
A.R.T. Advisors
New York
$10.8M +$8.09M +203,052 +263%
FAM
71
Fred Alger Management
New York
$10.3M +$10.7M +268,665 New
CCA
72
Catalyst Capital Advisors
New York
$9.89M +$9.98M +250,325 +3,482%
First Trust Advisors
73
First Trust Advisors
Illinois
$9.55M -$132K -3,320 -1%
PP
74
PDT Partners
New York
$9.52M +$9.87M +247,794 New
RFC
75
Russell Frank Company
Washington
$9.35M +$3.87M +97,109 +66%

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.