Restaurant Brands International
208 hedge funds and large institutions have $5.95B invested in Restaurant Brands International in 2015 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 69 increasing their positions, 69 reducing their positions, and 31 closing their positions.
36% more funds holding in top 10
Funds holding in top 10: 11 → 15 (+4)
2.63% more ownership
Funds ownership: 79.2% → 81.83% (+2.6%)
9% more call options, than puts
Call options by funds: $38.3M | Put options by funds: $35.1M
0% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 69
3% less capital invested
Capital invested by funds: $6.13B → $5.95B (-$178M)
3% less funds holding
Funds holding: 214 → 208 (-6)
16% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Conatus Capital Management
Greenwich,
Connecticut
|
+$69.6M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$55.9M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$54.4M |
| 4 |
HP
Hound Partners
New York
|
+$45.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$26.8M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$21.6M |
| 3 |
NCA
Newbrook Capital Advisors
New York
|
-$20.4M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$17.7M |
| 5 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
-$14.9M |
QSR Hedge Fund Activity: Q3 2015 in Review
208 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q3 2015, worth a combined $5.95B — down 2.9% from $6.13B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of QSR and 26 opened new positions — a net loss of 5 holders — while 69 trimmed existing stakes and 69 added.
The largest buyer was Conatus Capital Management, adding an estimated $69.6M. The largest seller was Millennium Management, cutting an estimated $26.8M.
- 208 institutional investors held Restaurant Brands International (QSR) as of Q3 2015, down from 214 in Q2 2015.
- Funds reported $5.95B of Restaurant Brands International stock for Q3 2015, down 2.9% quarter-over-quarter.
- 26 funds opened new Restaurant Brands International positions in Q3 2015 and 31 closed out, a net change of -5 holders.
- The largest Restaurant Brands International buyer in Q3 2015 was Conatus Capital Management, an estimated $69.6M added.
- The largest Restaurant Brands International seller in Q3 2015 was Millennium Management, an estimated $26.8M sold.
Based on aggregated 13F filings for Q3 2015.