Restaurant Brands International
QSR
366 hedge funds and large institutions have $15.5B invested in Restaurant Brands International in 2021 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 133 increasing their positions, 121 reducing their positions, and 38 closing their positions.
18% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 38
2% more funds holding
Funds holding: 360 → 366 (+6)
10% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 121
3% less capital invested
Capital invested by funds: $16.1B → $15.5B (-$524M)
7% less call options, than puts
Call options by funds: $72.9M | Put options by funds: $78.4M
2.19% less ownership
Funds ownership: 80.26% → 78.07% (-2.2%)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$142M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$123M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$89.5M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$88.4M |
| 5 |
IGM
Incline Global Management
New York
|
+$48.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$315M |
| 2 |
PC
Pelham Capital
London,
United Kingdom
|
-$164M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$100M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$87.8M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$60.8M |
QSR Hedge Fund Activity: Q2 2021 in Review
366 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q2 2021, worth a combined $15.5B — down 3.3% from $16.1B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new QSR positions and 38 closed out — a net gain of 7 holders — while 133 added to existing stakes and 121 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $142M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $315M.
- 366 institutional investors held Restaurant Brands International (QSR) as of Q2 2021, up from 360 in Q1 2021.
- Funds reported $15.5B of Restaurant Brands International stock for Q2 2021, down 3.3% quarter-over-quarter.
- 45 funds opened new Restaurant Brands International positions in Q2 2021 and 38 closed out, a net change of +7 holders.
- The largest Restaurant Brands International buyer in Q2 2021 was AllianceBernstein, an estimated $142M added.
- The largest Restaurant Brands International seller in Q2 2021 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $315M sold.
Based on aggregated 13F filings for Q2 2021.