Restaurant Brands International
289 hedge funds and large institutions have $12.1B invested in Restaurant Brands International in 2018 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 98 increasing their positions, 88 reducing their positions, and 46 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 88
1.58% more ownership
Funds ownership: 80.28% → 81.86% (+1.6%)
0% more capital invested
Capital invested by funds: $12.1B → $12.1B (+$33.8M)
6% less call options, than puts
Call options by funds: $146M | Put options by funds: $156M
3% less funds holding
Funds holding: 297 → 289 (-8)
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
13% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$401M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$139M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$96.8M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$91.5M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$80.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$204M |
| 2 |
HP
Hound Partners
New York
|
-$126M |
| 3 |
PCM
Palestra Capital Management
New York
|
-$123M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$79.3M |
| 5 |
Millennium Management
New York
|
-$76.7M |
QSR Hedge Fund Activity: Q3 2018 in Review
289 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q3 2018, worth a combined $12.1B — up 0.28% from $12.1B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of QSR and 40 opened new positions — a net loss of 6 holders — while 88 trimmed existing stakes and 98 added.
The largest buyer was Jarislowsky, Fraser Ltd, opening a new position worth an estimated $401M. The largest seller was Baillie Gifford & Co, exiting entirely with an estimated $204M sold.
- 289 institutional investors held Restaurant Brands International (QSR) as of Q3 2018, down from 297 in Q2 2018.
- Funds reported $12.1B of Restaurant Brands International stock for Q3 2018, up 0.28% quarter-over-quarter.
- 40 funds opened new Restaurant Brands International positions in Q3 2018 and 46 closed out, a net change of -6 holders.
- The largest Restaurant Brands International buyer in Q3 2018 was Jarislowsky, Fraser Ltd, an estimated $401M added.
- The largest Restaurant Brands International seller in Q3 2018 was Baillie Gifford & Co, an estimated $204M sold.
Based on aggregated 13F filings for Q3 2018.