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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
VCM
51
Valiant Capital Management
California
$43.2M
Two Sigma Advisers
52
Two Sigma Advisers
New York
$40.9M +$10.9M +169,633 +34%
IIM
53
Intact Investment Management
Quebec, Canada
$40.8M +$17.6M +274,200 +108%
Sumitomo Mitsui Trust Group
54
Sumitomo Mitsui Trust Group
Japan
$39.4M +$356K +5,557 +0.9%
CS
55
Credit Suisse
Switzerland
$38.4M +$5.32M +82,895 +15%
Goldman Sachs
56
Goldman Sachs
New York
$36.6M +$10.3M +160,797 +37%
PIC
57
PCJ Investment Counsel
Ontario, Canada
$36.2M +$9.36M +145,920 +33%
MWNA
58
Marshall Wace North America
New York
$35.6M +$29.4M +458,630 +382%
WCA
59
Waratah Capital Advisors
Ontario, Canada
$35.3M +$1.3M +20,223 +4%
AII
60
AGF Investments Inc
Ontario, Canada
$33.9M +$27.6M +429,820 +354%
TAM
61
Taurus Asset Management
New York
$32.5M
UBS AM
62
UBS AM
Illinois
$31.4M +$385K +5,998 +1%
HCM
63
Hitchwood Capital Management
New York
$30.7M -$19.2M -300,000 -38%
FAF
64
Första AP-fonden
Sweden
$30.6M +$31.8M +495,516 New
CC
65
Carbonado Capital
New York
$29.2M +$30.5M +475,000 New
SC
66
Scotia Capital
Ontario, Canada
$28.6M +$1.64M +25,543 +6%
State of Wisconsin Investment Board
67
State of Wisconsin Investment Board
Wisconsin
$26.9M -$7.96M -124,100 -22%
Public Sector Pension Investment Board (PSP Investments)
68
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$26.5M -$2.17M -33,908 -7%
JP Morgan Chase
69
JP Morgan Chase
New York
$25.7M -$78M -1,216,325 -74%
PC
70
PointState Capital
New York
$24.5M +$25.6M +398,900 New
Mackenzie Financial
71
Mackenzie Financial
Ontario, Canada
$23.9M +$21.8M +339,829 +700%
Neuberger Berman Group
72
Neuberger Berman Group
New York
$22.3M +$23.3M +362,944 New
O
73
OppenheimerFunds
New York
$22M -$6.5M -101,390 -22%
Wells Fargo
74
Wells Fargo
California
$22M +$1.97M +30,668 +9%
MCM
75
Moore Capital Management
New York
$21.5M +$11.2M +175,000 +100%

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.