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Restaurant Brands International

288 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.

New
Increased
Maintained
Reduced
Closed

11% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 88

1.58% more ownership

Funds ownership: 80.28%81.85% (+1.6%)

0% more capital invested

Capital invested by funds: $12.1B → $12.1B (+$31.8M)

6% less call options, than puts

Call options by funds: $146M | Put options by funds: $156M

3% less funds holding

Funds holding: 296288 (-8)

7% less funds holding in top 10

Funds holding in top 10: 1514 (-1)

13% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 46

Holders
288
Holders Change
-8
Holders Change %
-2.7%
% of All Funds
6.58%
Holding in Top 10
14
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.67%
% of All Funds
0.32%
New
40
Increased
98
Reduced
88
Closed
46
Calls
$146M
Puts
$156M
Net Calls
-$9.75M
Net Calls Change
-$66.6M
Name Holding Trade Value Shares
Change
Change in
Stake
PSCM
1
Pershing Square Capital Management
New York
$1.24B
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$830M +$96.8M +1,590,324 +13%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$640M +$80.4M +1,321,416 +14%
Principal Financial Group
4
Principal Financial Group
Iowa
$629M -$11.3M -186,324 -2%
Berkshire Hathaway
5
Berkshire Hathaway
Nebraska
$500M
Fidelity International
6
Fidelity International
Bermuda
$416M +$77.8M +1,278,277 +22%
Capital World Investors
7
Capital World Investors
California
$396M +$91.5M +1,502,799 +29%
Franklin Resources
8
Franklin Resources
California
$386M -$29.3M -480,985 -7%
JFL
9
Jarislowsky, Fraser Ltd
Quebec, Canada
$362M +$401M +6,584,464 New
Vanguard Group
10
Vanguard Group
Pennsylvania
$352M +$11.2M +184,714 +3%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$299M +$1.59M +26,163 +0.5%
Citadel Advisors
12
Citadel Advisors
Florida
$272M -$37.5M -616,058 -12%
TD Asset Management
13
TD Asset Management
Ontario, Canada
$251M +$14.2M +232,606 +6%
SCM
14
Suvretta Capital Management
New York
$241M +$13.8M +227,166 +6%
Manulife (Manufacturers Life Insurance)
15
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$238M +$38.1M +626,032 +19%
MG
16
Meritage Group
California
$220M +$50.7M +833,638 +29%
Aberdeen Group
17
Aberdeen Group
United Kingdom
$207M +$139M +2,281,400 +188%
Goldman Sachs
18
Goldman Sachs
New York
$175M +$16.9M +278,159 +10%
1832 Asset Management
19
1832 Asset Management
Ontario, Canada
$164M -$1.89M -31,021 -1%
HP
20
Hound Partners
New York
$137M -$126M -2,069,150 -47%
EC
21
Eminence Capital
New York
$133M +$36.8M +604,584 +37%
CIBC World Market
22
CIBC World Market
Ontario, Canada
$130M -$11.8M -193,609 -8%
Canada Life
23
Canada Life
Manitoba, Canada
$125M -$20.5M -337,246 -14%
BAM
24
Burgundy Asset Management
Ontario, Canada
$122M +$23.6M +388,306 +23%
SCM
25
Steadfast Capital Management
New York
$117M +$630K +10,344 +0.5%