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.
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: 308 → 312 (+4)
1.25% less ownership
Funds ownership: 80.43% → 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: 14 → 11 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$158M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$127M |
| 3 |
HP
Hound Partners
New York
|
+$125M |
| 4 |
Two Sigma Advisers
New York
|
+$92.5M |
| 5 |
Millennium Management
New York
|
+$81.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$441M |
| 2 |
PSCM
Pershing Square Capital Management
New York
|
-$129M |
| 3 |
Holocene Advisors
New York
|
-$76.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$64.8M |
| 5 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$46.6M |
QSR Hedge Fund Activity: Q1 2018 in Review
312 of the 4,373 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.