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Restaurant Brands International

462 hedge funds and large institutions have $19.7B invested in Restaurant Brands International in 2024 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 150 increasing their positions, 163 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

215% more call options, than puts

Call options by funds: $326M | Put options by funds: $103M

53% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 45

4% more funds holding

Funds holding: 443462 (+19)

1.05% more ownership

Funds ownership: 85.19%86.24% (+1%)

4% more capital invested

Capital invested by funds: $19B → $19.7B (+$717M)

8% less repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 163

14% less funds holding in top 10

Funds holding in top 10: 1412 (-2)

Holders
462
Holders Change
+19
Holders Change %
+4.29%
% of All Funds
6.63%
Holding in Top 10
12
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-14.29%
% of All Funds
0.17%
New
69
Increased
150
Reduced
163
Closed
45
Calls
$326M
Puts
$103M
Net Calls
+$223M
Net Calls Change
+$187M
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
51
Charles Schwab
California
$51.1M +$2.11M +30,035 +4%
RC
52
RDST Capital
Washington
$50M +$6.56M +93,304 +16%
MGCM
53
Mane Global Capital Management
New York
$44.6M +$43.5M +618,665 New
Massachusetts Financial Services
54
Massachusetts Financial Services
Massachusetts
$44.5M -$759K -10,806 -2%
SRAIM
55
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$44M +$4.05M +57,681 +10%
CGC
56
Continental Grain Company
New York
$40.3M
GKIM
57
GW&K Investment Management
Massachusetts
$39.5M -$618K -8,797 -2%
CAM
58
Cidel Asset Management
Ontario, Canada
$38.1M +$2.04M +28,994 +6%
AC
59
Addenda Capital
Quebec, Canada
$37.2M -$110K -1,566 -0.4%
Envestnet Asset Management
60
Envestnet Asset Management
Illinois
$35.8M -$538K -7,657 -2%
ACM
61
Alta Capital Management
Utah
$33.7M +$1.36M +19,316 +4%
UBS Group
62
UBS Group
Switzerland
$33.5M +$1.67M +23,789 +5%
LBA
63
Letko, Brosseau & Associates
Quebec, Canada
$32.4M -$105K -1,500 -0.3%
Invesco
64
Invesco
Georgia
$32M +$1.09M +15,504 +4%
CS
65
Cannell & Spears
New York
$31.4M -$54.1M -770,291 -64%
Arrowstreet Capital
66
Arrowstreet Capital
Massachusetts
$31.2M -$12.9M -183,509 -30%
Deutsche Bank
67
Deutsche Bank
Germany
$28M +$2.55M +36,264 +10%
MCMU
68
MIC Capital Management (UK)
United Kingdom
$27.9M
Janus Henderson Group
69
Janus Henderson Group
United Kingdom
$26.8M +$23.3M +331,880 +849%
GCM
70
Galibier Capital Management
Ontario, Canada
$26M +$328K +4,663 +1%
Amundi
71
Amundi
France
$23.9M -$3.41M -48,558 -12%
BFS
72
Baskin Financial Services
Ontario, Canada
$23.3M -$285K -4,056 -1%
UBS AM
73
UBS AM
Illinois
$22.7M -$1.02M -14,545 -4%
SCP
74
Soroban Capital Partners
New York
$21.6M +$21.1M +300,000 New
Canada Life
75
Canada Life
Manitoba, Canada
$20.5M +$320K +4,546 +2%

QSR Hedge Fund Activity: Q3 2024 in Review

462 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q3 2024, worth a combined $19.7B — up 3.8% from $19B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new QSR positions and 45 closed out — a net gain of 24 holders — while 150 added to existing stakes and 163 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $342M. The largest seller was Fidelity International, cutting an estimated $242M.

  • 462 institutional investors held Restaurant Brands International (QSR) as of Q3 2024, up from 443 in Q2 2024.
  • Funds reported $19.7B of Restaurant Brands International stock for Q3 2024, up 3.8% quarter-over-quarter.
  • 69 funds opened new Restaurant Brands International positions in Q3 2024 and 45 closed out, a net change of +24 holders.
  • The largest Restaurant Brands International buyer in Q3 2024 was Goldman Sachs, an estimated $342M added.
  • The largest Restaurant Brands International seller in Q3 2024 was Fidelity International, an estimated $242M sold.

Based on aggregated 13F filings for Q3 2024.