Restaurant Brands International
330 hedge funds and large institutions have $9.43B invested in Restaurant Brands International in 2020 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 143 increasing their positions, 94 reducing their positions, and 100 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 94
24% more call options, than puts
Call options by funds: $71.6M | Put options by funds: $57.8M
1.29% more ownership
Funds ownership: 77.58% → 78.87% (+1.3%)
16% less funds holding
Funds holding: 392 → 330 (-62)
36% less capital invested
Capital invested by funds: $14.8B → $9.43B (-$5.37B)
40% less funds holding in top 10
Funds holding in top 10: 15 → 9 (-6)
56% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 100
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
+$295M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$236M |
| 3 |
EC
Eminence Capital
New York
|
+$186M |
| 4 |
MG
Meritage Group
San Francisco,
California
|
+$127M |
| 5 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$118M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$757M |
| 2 |
SCM
Steadfast Capital Management
New York
|
-$211M |
| 3 |
Two Sigma Investments
New York
|
-$99.4M |
| 4 |
SC
Samlyn Capital
New York
|
-$92.9M |
| 5 |
Morgan Stanley
New York
|
-$79.4M |
QSR Hedge Fund Activity: Q1 2020 in Review
330 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q1 2020, worth a combined $9.43B — down 36% from $14.8B a quarter earlier.
Sellers outnumbered buyers: 100 funds closed out of QSR and 44 opened new positions — a net loss of 56 holders — while 94 trimmed existing stakes and 143 added.
The largest buyer was Soroban Capital Partners, opening a new position worth an estimated $295M. The largest seller was T. Rowe Price Associates, cutting an estimated $757M.
- 330 institutional investors held Restaurant Brands International (QSR) as of Q1 2020, down from 392 in Q4 2019.
- Funds reported $9.43B of Restaurant Brands International stock for Q1 2020, down 36% quarter-over-quarter.
- 44 funds opened new Restaurant Brands International positions in Q1 2020 and 100 closed out, a net change of -56 holders.
- The largest Restaurant Brands International buyer in Q1 2020 was Soroban Capital Partners, an estimated $295M added.
- The largest Restaurant Brands International seller in Q1 2020 was T. Rowe Price Associates, an estimated $757M sold.
Based on aggregated 13F filings for Q1 2020.