Restaurant Brands International
QSR
462 hedge funds and large institutions have $20.5B invested in Restaurant Brands International in 2024 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 159 increasing their positions, 174 reducing their positions, and 39 closing their positions.
73% more call options, than puts
Call options by funds: $159M | Put options by funds: $91.5M
10% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 39
0% more capital invested
Capital invested by funds: $20.5B → $20.5B (+$56.3M)
0% less funds holding
Funds holding: 463 → 462 (-1)
9% less repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 174
1.4% less ownership
Funds ownership: 83.78% → 82.38% (-1.4%)
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$211M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$110M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$87.3M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$81.6M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$163M |
| 2 |
Holocene Advisors
New York
|
-$129M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$110M |
| 4 |
Primecap Management
Pasadena,
California
|
-$106M |
| 5 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$79.6M |
QSR Hedge Fund Activity: Q1 2024 in Review
462 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q1 2024, worth a combined $20.5B — up 0.28% from $20.5B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new QSR positions and 39 closed out — a net gain of 4 holders — while 159 added to existing stakes and 174 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $211M. The largest seller was Beutel, Goodman & Co, cutting an estimated $163M.
- 462 institutional investors held Restaurant Brands International (QSR) as of Q1 2024, down from 463 in Q4 2023.
- Funds reported $20.5B of Restaurant Brands International stock for Q1 2024, up 0.28% quarter-over-quarter.
- 43 funds opened new Restaurant Brands International positions in Q1 2024 and 39 closed out, a net change of +4 holders.
- The largest Restaurant Brands International buyer in Q1 2024 was Fidelity Investments, an estimated $211M added.
- The largest Restaurant Brands International seller in Q1 2024 was Beutel, Goodman & Co, an estimated $163M sold.
Based on aggregated 13F filings for Q1 2024.