Restaurant Brands International
297 hedge funds and large institutions have $12.1B invested in Restaurant Brands International in 2018 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 108 increasing their positions, 85 reducing their positions, and 57 closing their positions.
46% more call options, than puts
Call options by funds: $180M | Put options by funds: $123M
36% more funds holding in top 10
Funds holding in top 10: 11 → 15 (+4)
27% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 85
10% more capital invested
Capital invested by funds: $11B → $12.1B (+$1.07B)
1.1% more ownership
Funds ownership: 79.18% → 80.28% (+1.1%)
5% less funds holding
Funds holding: 312 → 297 (-15)
25% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$330M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$297M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$219M |
| 4 |
MG
Meritage Group
San Francisco,
California
|
+$164M |
| 5 |
Goldman Sachs
New York
|
+$129M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$694M |
| 2 |
PSCM
Pershing Square Capital Management
New York
|
-$199M |
| 3 |
Millennium Management
New York
|
-$122M |
| 4 |
Two Sigma Advisers
New York
|
-$114M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$101M |
QSR Hedge Fund Activity: Q2 2018 in Review
297 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q2 2018, worth a combined $12.1B — up 9.8% from $11B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of QSR and 43 opened new positions — a net loss of 14 holders — while 85 trimmed existing stakes and 108 added.
The largest buyer was Fidelity International, opening a new position worth an estimated $330M. The largest seller was Fidelity Investments, cutting an estimated $694M.
- 297 institutional investors held Restaurant Brands International (QSR) as of Q2 2018, down from 312 in Q1 2018.
- Funds reported $12.1B of Restaurant Brands International stock for Q2 2018, up 9.8% quarter-over-quarter.
- 43 funds opened new Restaurant Brands International positions in Q2 2018 and 57 closed out, a net change of -14 holders.
- The largest Restaurant Brands International buyer in Q2 2018 was Fidelity International, an estimated $330M added.
- The largest Restaurant Brands International seller in Q2 2018 was Fidelity Investments, an estimated $694M sold.
Based on aggregated 13F filings for Q2 2018.