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Restaurant Brands International

332 hedge funds and large institutions have $14B invested in Restaurant Brands International in 2019 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 113 increasing their positions, 97 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 42

16% more repeat investments, than reductions

Existing positions increased: 113 | Existing positions reduced: 97

5% more capital invested

Capital invested by funds: $13.3B → $14B (+$679M)

2% more funds holding

Funds holding: 325332 (+7)

7% less call options, than puts

Call options by funds: $72.3M | Put options by funds: $77.3M

1.68% less ownership

Funds ownership: 81.24%79.56% (-1.7%)

38% less funds holding in top 10

Funds holding in top 10: 138 (-5)

Holders
332
Holders Change
+7
Holders Change %
+2.15%
% of All Funds
7.21%
Holding in Top 10
8
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-38.46%
% of All Funds
0.17%
New
54
Increased
113
Reduced
97
Closed
42
Calls
$72.3M
Puts
$77.3M
Net Calls
-$5.07M
Net Calls Change
-$135M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
51
Morgan Stanley
New York
$56.8M -$3.36M -50,121 -6%
TCG
52
Tremblant Capital Group
Florida
$51.4M +$7.37M +110,055 +18%
IIM
53
Intact Investment Management
Quebec, Canada
$48.9M -$20.1K -300 -0.1%
JP Morgan Chase
54
JP Morgan Chase
New York
$48.8M +$15.4M +230,051 +48%
NCA
55
Newbrook Capital Advisors
New York
$43.3M -$11.8M -176,368 -22%
Bank of America
56
Bank of America
North Carolina
$42.2M +$627K +9,364 +2%
VOYA Investment Management
57
VOYA Investment Management
Georgia
$40.8M +$39M +583,156 +16,118%
HAM
58
Highstreet Asset Management
Ontario, Canada
$40.7M +$7.81M +116,664 +25%
UOC
59
UBS O'Connor
Illinois
$40.3M +$38.8M +580,000 New
AG
60
Aravt Global
New York
$40.1M
OCAM
61
Onex Canada Asset Management
Ontario, Canada
$39.6M -$2.69M -40,185 -7%
D.E. Shaw & Co
62
D.E. Shaw & Co
New York
$38.2M -$17.8M -266,249 -33%
CIM
63
Chiron Investment Management
New York
$38M +$36.6M +546,030 New
FAF
64
Första AP-fonden
Sweden
$37.3M
GCC
65
Guardian Capital (Canada)
Ontario, Canada
$37.1M +$35.6M +531,809 New
State of Wisconsin Investment Board
66
State of Wisconsin Investment Board
Wisconsin
$35.7M +$9.24M +138,025 +37%
GKIM
67
GW&K Investment Management
Massachusetts
$34M -$644K -9,614 -2%
National Pension Service
68
National Pension Service
South Korea
$31.5M +$23.1M +345,661 New
TAM
69
Taurus Asset Management
New York
$31.3M
AC
70
Addenda Capital
Quebec, Canada
$30.7M -$1.02M -15,280 -3%
CAM
71
Cidel Asset Management
Ontario, Canada
$29.7M +$3.72M +55,512 +15%
Deutsche Bank
72
Deutsche Bank
Germany
$29.4M +$2.5M +37,373 +10%
Assenagon Asset Management
73
Assenagon Asset Management
Luxembourg
$28.6M -$46.3M -690,888 -63%
Wells Fargo
74
Wells Fargo
California
$27.9M -$444K -6,636 -2%
FDCDDQ
75
Federation des caisses Desjardins du Quebec
Quebec, Canada
$27.7M +$3.12M +46,651 +13%

QSR Hedge Fund Activity: Q2 2019 in Review

332 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q2 2019, worth a combined $14B — up 5.1% from $13.3B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new QSR positions and 42 closed out — a net gain of 12 holders — while 113 added to existing stakes and 97 trimmed.

The largest buyer was Nuveen, adding an estimated $230M. The largest seller was Eminence Capital, exiting entirely with an estimated $192M sold.

  • 332 institutional investors held Restaurant Brands International (QSR) as of Q2 2019, up from 325 in Q1 2019.
  • Funds reported $14B of Restaurant Brands International stock for Q2 2019, up 5.1% quarter-over-quarter.
  • 54 funds opened new Restaurant Brands International positions in Q2 2019 and 42 closed out, a net change of +12 holders.
  • The largest Restaurant Brands International buyer in Q2 2019 was Nuveen, an estimated $230M added.
  • The largest Restaurant Brands International seller in Q2 2019 was Eminence Capital, an estimated $192M sold.

Based on aggregated 13F filings for Q2 2019.