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Restaurant Brands International

392 hedge funds and large institutions have $14.8B invested in Restaurant Brands International in 2019 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 170 increasing their positions, 101 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more repeat investments, than reductions

Existing positions increased: 170 | Existing positions reduced: 101

26% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 53

1% more funds holding

Funds holding: 388392 (+4)

9% less call options, than puts

Call options by funds: $77.1M | Put options by funds: $84.9M

5.55% less ownership

Funds ownership: 83.13%77.58% (-5.5%)

6% less funds holding in top 10

Funds holding in top 10: 1615 (-1)

11% less capital invested

Capital invested by funds: $16.6B → $14.8B (-$1.84B)

Holders
392
Holders Change
+4
Holders Change %
+1.03%
% of All Funds
7.72%
Holding in Top 10
15
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.25%
% of All Funds
0.3%
New
67
Increased
170
Reduced
101
Closed
53
Calls
$77.1M
Puts
$84.9M
Net Calls
-$7.79M
Net Calls Change
-$61M
Name Holding Trade Value Shares
Change
Change in
Stake
Swiss National Bank
51
Swiss National Bank
Switzerland
$59.4M +$2.78M +41,600 +5%
Bank of America
52
Bank of America
North Carolina
$53.8M -$5.16M -77,070 -8%
Allianz Asset Management
53
Allianz Asset Management
Germany
$50.3M +$1.86M +27,849 +5%
Goldman Sachs
54
Goldman Sachs
New York
$49.3M -$7.19M -107,383 -12%
CAM
55
Cidel Asset Management
Ontario, Canada
$45M +$21.4M +320,368 +83%
Public Sector Pension Investment Board (PSP Investments)
56
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$42.7M +$20.2M +301,400 +82%
CS
57
Credit Suisse
Switzerland
$42.3M -$10.4M -156,113 -19%
HCM
58
Hitchwood Capital Management
New York
$41.1M -$50.5M -755,000 -54%
IIM
59
Intact Investment Management
Quebec, Canada
$38.8M -$2.67M -39,900 -8%
AI
60
Axiom Investors
Connecticut
$38.5M -$12.3M -183,825 -23%
GCC
61
Guardian Capital (Canada)
Ontario, Canada
$36.7M +$5.26M +78,576 +16%
National Pension Service
62
National Pension Service
South Korea
$35.9M +$4.62M +69,029 +19%
Renaissance Technologies
63
Renaissance Technologies
New York
$33.6M +$34.9M +520,997 +8,683%
NCA
64
Newbrook Capital Advisors
New York
$33.1M -$20.8M -310,572 -37%
FAF
65
Första AP-fonden
Sweden
$31.3M -$3.01M -45,000 -8%
GKIM
66
GW&K Investment Management
Massachusetts
$31.2M -$70.1K -1,047 -0.2%
Bank of New York Mellon
67
Bank of New York Mellon
New York
$30.6M +$12.8M +191,619 +67%
AII
68
AGF Investments Inc
Ontario, Canada
$30M +$12.9M +192,474 +69%
AC
69
Addenda Capital
Quebec, Canada
$29.5M +$1.84M +27,450 +6%
MNG
70
Manning & Napier Group
New York
$29.2M -$1.72M -25,630 -5%
Wells Fargo
71
Wells Fargo
California
$28.7M +$500K +7,469 +2%
MC
72
Maverick Capital
Texas
$28.7M -$803K -11,997 -3%
FDCDDQ
73
Federation des caisses Desjardins du Quebec
Quebec, Canada
$28.6M +$5.86M +87,496 +24%
Citadel Advisors
74
Citadel Advisors
Florida
$27.4M -$97M -1,448,774 -77%
BCIM
75
British Columbia Investment Management
British Columbia, Canada
$26.9M +$8.01M +119,660 +40%

QSR Hedge Fund Activity: Q4 2019 in Review

392 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q4 2019, worth a combined $14.8B — down 11% from $16.6B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new QSR positions and 53 closed out — a net gain of 14 holders — while 170 added to existing stakes and 101 trimmed.

The largest buyer was Capital World Investors, adding an estimated $212M. The largest seller was T. Rowe Price Associates, cutting an estimated $285M.

  • 392 institutional investors held Restaurant Brands International (QSR) as of Q4 2019, up from 388 in Q3 2019.
  • Funds reported $14.8B of Restaurant Brands International stock for Q4 2019, down 11% quarter-over-quarter.
  • 67 funds opened new Restaurant Brands International positions in Q4 2019 and 53 closed out, a net change of +14 holders.
  • The largest Restaurant Brands International buyer in Q4 2019 was Capital World Investors, an estimated $212M added.
  • The largest Restaurant Brands International seller in Q4 2019 was T. Rowe Price Associates, an estimated $285M sold.

Based on aggregated 13F filings for Q4 2019.