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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
CGC
76
Continental Grain Company
New York
$26.7M
Invesco
77
Invesco
Georgia
$26.6M +$24.3M +362,912 +1,889%
MNG
78
Manning & Napier Group
New York
$25.5M -$1.11M -16,565 -4%
CS
79
Credit Suisse
Switzerland
$25.3M -$5.81M -86,801 -19%
PIC
80
PCJ Investment Counsel
Ontario, Canada
$24.4M -$18.8M -281,218 -45%
Renaissance Technologies
81
Renaissance Technologies
New York
$22.6M -$19.6M -292,900 -47%
Point72 Asset Management
82
Point72 Asset Management
Connecticut
$19.7M -$33.2M -495,171 -64%
Mirae Asset Global Investments
83
Mirae Asset Global Investments
South Korea
$19.6M +$17.8M +266,555 +1,806%
Bank of New York Mellon
84
Bank of New York Mellon
New York
$19.1M -$13M -193,865 -41%
Capital International Investors
85
Capital International Investors
California
$18.9M +$18.2M +272,445 New
Northern Trust
86
Northern Trust
Illinois
$18.8M +$357K +5,327 +2%
Public Sector Pension Investment Board (PSP Investments)
87
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$18.2M +$579K +8,649 +3%
BCIM
88
British Columbia Investment Management
British Columbia, Canada
$18M -$6.23M -93,005 -26%
Citigroup
89
Citigroup
New York
$17.4M +$12.6M +187,942 +305%
Massachusetts Financial Services
90
Massachusetts Financial Services
Massachusetts
$17M +$998K +14,900 +7%
Barclays
91
Barclays
United Kingdom
$16.1M -$447K -6,675 -3%
Man Group
92
Man Group
United Kingdom
$15M +$4.67M +69,790 +48%
JG
93
Jefferies Group
New York
$14.7M -$1.47M -21,900 -9%
State of Tennessee, Department of Treasury
94
State of Tennessee, Department of Treasury
Tennessee
$13.7M -$53.2K -794 -0.4%
AC
95
Armistice Capital
New York
$12.7M +$12.3M +183,000 New
BONST
96
Bank of Nova Scotia Trust
Ontario, Canada
$12.3M +$892K +13,322 +8%
CIP
97
Chartwell Investment Partners
Pennsylvania
$12.1M +$1.56M +23,370 +16%
JGC
98
J. Goldman & Co
New York
$11.1M +$573K +8,562 +6%
Neuberger Berman Group
99
Neuberger Berman Group
New York
$10.7M +$2.32M +34,704 +29%
PPA
100
Parametric Portfolio Associates
Washington
$10M +$614K +9,175 +7%

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.