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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
Geode Capital Management
176
Geode Capital Management
Massachusetts
$1.29M +$602K +8,993 +93%
LF
177
Lee Financial
Texas
$1.29M -$5.69K -85 -0.5%
NERM
178
New England Research & Management
Illinois
$1.26M +$483K +7,210 +66%
EARNEST Partners
179
EARNEST Partners
Georgia
$1.23M +$654K +9,769 +123%
Natixis Advisors
180
Natixis Advisors
Massachusetts
$1.22M +$65.2K +974 +6%
Simplex Trading
181
Simplex Trading
Illinois
$1.22M -$2.41M -36,000 -67%
HighTower Advisors
182
HighTower Advisors
Illinois
$1.13M +$153K +2,285 +16%
PNC Financial Services Group
183
PNC Financial Services Group
Pennsylvania
$1.12M +$430K +6,420 +66%
SG Americas Securities
184
SG Americas Securities
New York
$1.1M +$1.06M +15,808 New
BA
185
Boston Advisors
Massachusetts
$1.09M +$64.3K +960 +7%
CQS
186
Credential Qtrade Securities
$1.04M -$81.6K -1,219 -8%
BCM
187
Barometer Capital Management
Ontario, Canada
$1.03M +$991K +14,800 New
Comerica Bank
188
Comerica Bank
Texas
$1.03M -$31.9K -477 -3%
Voloridge Investment Management
189
Voloridge Investment Management
Florida
$1M -$1.73M -25,890 -64%
LTFS
190
Ladenburg Thalmann Financial Services
Florida
$999K -$46.3K -691 -5%
DTL
191
Dynamic Technology Lab
Singapore
$972K +$936K +13,975 New
HNB
192
Huntington National Bank
Ohio
$962K +$926K +13,827 New
N
193
Natixis
France
$937K +$902K +13,476 New
US Bancorp
194
US Bancorp
Minnesota
$904K -$14.3K -214 -2%
TCM
195
Tuttle Capital Management
Connecticut
$862K +$830K +12,398 New
AAM
196
Advisors Asset Management
Colorado
$801K +$192K +2,862 +33%
MFG
197
Magnus Financial Group
New York
$768K +$525K +7,838 +244%
HKAM
198
Horizon Kinetics Asset Management
New York
$742K -$53.2K -794 -7%
KeyBank National Association
199
KeyBank National Association
Ohio
$735K -$26.1K -390 -4%
CBOA
200
Commonwealth Bank of Australia
Australia
$684K -$27.9K -417 -4%

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.