Restaurant Brands International
QSR
308 hedge funds and large institutions have $11.8B invested in Restaurant Brands International in 2017 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 95 increasing their positions, 90 reducing their positions, and 36 closing their positions.
81% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 36
9% more funds holding
Funds holding: 282 → 308 (+26)
6% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 90
0.02% less ownership
Funds ownership: 80.46% → 80.43% (-0.02%)
3% less capital invested
Capital invested by funds: $12.1B → $11.8B (-$360M)
5% less call options, than puts
Call options by funds: $57.1M | Put options by funds: $60.4M
22% less funds holding in top 10
Funds holding in top 10: 18 → 14 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$143M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$79.4M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$77.5M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$72.3M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$65.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VM
Valinor Management
New York
|
-$210M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$105M |
| 3 |
JP Morgan Chase
New York
|
-$78M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$71.8M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$62.2M |
QSR Hedge Fund Activity: Q4 2017 in Review
308 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q4 2017, worth a combined $11.8B — down 3% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new QSR positions and 36 closed out — a net gain of 29 holders — while 95 added to existing stakes and 90 trimmed.
The largest buyer was Millennium Management, adding an estimated $143M. The largest seller was Valinor Management, exiting entirely with an estimated $210M sold.
- 308 institutional investors held Restaurant Brands International (QSR) as of Q4 2017, up from 282 in Q3 2017.
- Funds reported $11.8B of Restaurant Brands International stock for Q4 2017, down 3% quarter-over-quarter.
- 65 funds opened new Restaurant Brands International positions in Q4 2017 and 36 closed out, a net change of +29 holders.
- The largest Restaurant Brands International buyer in Q4 2017 was Millennium Management, an estimated $143M added.
- The largest Restaurant Brands International seller in Q4 2017 was Valinor Management, an estimated $210M sold.
Based on aggregated 13F filings for Q4 2017.