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Restaurant Brands International

312 hedge funds and large institutions have $11B invested in Restaurant Brands International in 2018 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 112 increasing their positions, 88 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

161% more call options, than puts

Call options by funds: $188M | Put options by funds: $71.8M

27% more repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 88

10% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 49

1% more funds holding

Funds holding: 308312 (+4)

1.26% less ownership

Funds ownership: 80.44%79.18% (-1.3%)

6% less capital invested

Capital invested by funds: $11.8B → $11B (-$764M)

21% less funds holding in top 10

Funds holding in top 10: 1411 (-3)

Holders
312
Holders Change
+4
Holders Change %
+1.3%
% of All Funds
7.15%
Holding in Top 10
11
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-21.43%
% of All Funds
0.25%
New
54
Increased
112
Reduced
88
Closed
49
Calls
$188M
Puts
$71.8M
Net Calls
+$116M
Net Calls Change
+$117M
Name Holding Trade Value Shares
Change
Change in
Stake
Janney Montgomery Scott
201
Janney Montgomery Scott
Pennsylvania
$406K +$424K +7,137 New
Ameriprise
202
Ameriprise
Minnesota
$395K +$31.2K +526 +8%
KPF
203
K2 Principal Fund
Ontario, Canada
$393K +$410K +6,900 New
QC
204
Quadrature Capital
United Kingdom
$328K -$212K -3,564 -38%
BCM
205
BlueCrest Capital Management
Jersey
$320K +$334K +5,620 New
CLOS
206
Compagnie Lombard Odier SCmA
Switzerland
$317K -$344K -5,792 -51%
HCA
207
Harbour Capital Advisors
Virginia
$314K +$104K +1,750 +46%
LFAS
208
Level Four Advisory Services
Texas
$305K +$2.38K +40 +0.8%
PNC Financial Services Group
209
PNC Financial Services Group
Pennsylvania
$299K -$54.2K -912 -15%
EFSCE
210
Enterprise Financial Services Corp (EFSC)
Missouri
$299K +$7.19K +121 +2%
SFFS
211
Stonehage Fleming Financial Services
Jersey
$297K
Twin Tree Management
212
Twin Tree Management
Texas
$294K +$307K +5,163 New
ACM
213
Alta Capital Management
Utah
$264K
CA
214
Cynosure Advisors
Utah
$256K -$92.4K -1,556 -26%
NA
215
Neuburgh Advisers
California
$254K
CS
216
Candriam SCA
Luxembourg
$252K +$52.3K +880 +25%
GC
217
Guggenheim Capital
Illinois
$248K -$18.4K -310 -7%
WVP
218
Worth Venture Partners
New Jersey
$236K +$246K +4,140 New
BNP Paribas Asset Management
219
BNP Paribas Asset Management
France
$232K
FMT
220
First Mercantile Trust
Tennessee
$231K -$44.5K -750 -16%
VF
221
Virtu Financial
New York
$230K +$33.7K +567 +16%
TSS
222
Two Sigma Securities
New York
$217K +$226K +3,811 New
SWP
223
Stratos Wealth Partners
Ohio
$213K
EARNEST Partners
224
EARNEST Partners
Georgia
$209K -$3.27K -55 -1%
FCM
225
Flinton Capital Management
Pennsylvania
$209K

QSR Hedge Fund Activity: Q1 2018 in Review

312 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q1 2018, worth a combined $11B — down 6.5% from $11.8B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new QSR positions and 49 closed out — a net gain of 5 holders — while 112 added to existing stakes and 88 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $158M. The largest seller was T. Rowe Price Associates, cutting an estimated $441M.

  • 312 institutional investors held Restaurant Brands International (QSR) as of Q1 2018, up from 308 in Q4 2017.
  • Funds reported $11B of Restaurant Brands International stock for Q1 2018, down 6.5% quarter-over-quarter.
  • 54 funds opened new Restaurant Brands International positions in Q1 2018 and 49 closed out, a net change of +5 holders.
  • The largest Restaurant Brands International buyer in Q1 2018 was Citadel Advisors, an estimated $158M added.
  • The largest Restaurant Brands International seller in Q1 2018 was T. Rowe Price Associates, an estimated $441M sold.

Based on aggregated 13F filings for Q1 2018.