Restaurant Brands International
373 hedge funds and large institutions have $15.2B invested in Restaurant Brands International in 2021 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 165 increasing their positions, 103 reducing their positions, and 34 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 103
38% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 34
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
2% more funds holding
Funds holding: 366 → 373 (+7)
0.45% less ownership
Funds ownership: 78.07% → 77.61% (-0.45%)
2% less call options, than puts
Call options by funds: $126M | Put options by funds: $128M
2% less capital invested
Capital invested by funds: $15.5B → $15.2B (-$339M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$131M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$120M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$70.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$62.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$60.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$269M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$56.1M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$35.9M |
| 4 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$33.8M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$31.2M |
QSR Hedge Fund Activity: Q3 2021 in Review
373 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q3 2021, worth a combined $15.2B — down 2.2% from $15.5B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new QSR positions and 34 closed out — a net gain of 13 holders — while 165 added to existing stakes and 103 trimmed.
The largest buyer was Jarislowsky, Fraser Ltd, adding an estimated $131M. The largest seller was Principal Financial Group, cutting an estimated $269M.
- 373 institutional investors held Restaurant Brands International (QSR) as of Q3 2021, up from 366 in Q2 2021.
- Funds reported $15.2B of Restaurant Brands International stock for Q3 2021, down 2.2% quarter-over-quarter.
- 47 funds opened new Restaurant Brands International positions in Q3 2021 and 34 closed out, a net change of +13 holders.
- The largest Restaurant Brands International buyer in Q3 2021 was Jarislowsky, Fraser Ltd, an estimated $131M added.
- The largest Restaurant Brands International seller in Q3 2021 was Principal Financial Group, an estimated $269M sold.
Based on aggregated 13F filings for Q3 2021.