Restaurant Brands International
QSR
265 hedge funds and large institutions have $10B invested in Restaurant Brands International in 2017 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 83 increasing their positions, 86 reducing their positions, and 27 closing their positions.
85% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 27
23% more funds holding in top 10
Funds holding in top 10: 13 → 16 (+3)
16% more capital invested
Capital invested by funds: $8.6B → $10B (+$1.41B)
9% more funds holding
Funds holding: 244 → 265 (+21)
0.42% less ownership
Funds ownership: 76.85% → 76.43% (-0.42%)
3% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 86
17% less call options, than puts
Call options by funds: $35M | Put options by funds: $42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$82M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$55.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$51.8M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$29.9M |
| 5 |
HP
Hound Partners
New York
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$147M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$104M |
| 3 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$33.6M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$32.1M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$29.2M |
QSR Hedge Fund Activity: Q1 2017 in Review
265 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q1 2017, worth a combined $10B — up 16% from $8.6B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new QSR positions and 27 closed out — a net gain of 23 holders — while 83 added to existing stakes and 86 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $82M. The largest seller was 1832 Asset Management, cutting an estimated $147M.
- 265 institutional investors held Restaurant Brands International (QSR) as of Q1 2017, up from 244 in Q4 2016.
- Funds reported $10B of Restaurant Brands International stock for Q1 2017, up 16% quarter-over-quarter.
- 50 funds opened new Restaurant Brands International positions in Q1 2017 and 27 closed out, a net change of +23 holders.
- The largest Restaurant Brands International buyer in Q1 2017 was Bessemer Group, an estimated $82M added.
- The largest Restaurant Brands International seller in Q1 2017 was 1832 Asset Management, an estimated $147M sold.
Based on aggregated 13F filings for Q1 2017.