Restaurant Brands International
309 hedge funds and large institutions have $11B invested in Restaurant Brands International in 2018 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 93 increasing their positions, 105 reducing their positions, and 39 closing their positions.
131% more call options, than puts
Call options by funds: $238M | Put options by funds: $103M
56% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 39
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
7% more funds holding
Funds holding: 289 → 309 (+20)
1.95% more ownership
Funds ownership: 81.86% → 83.81% (+1.9%)
9% less capital invested
Capital invested by funds: $12.1B → $11B (-$1.07B)
11% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$152M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$134M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$98.5M |
| 4 |
EC
Eminence Capital
New York
|
+$78.3M |
| 5 |
MCM
Melvin Capital Management
New York
|
+$75.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$203M |
| 2 |
SCM
Suvretta Capital Management
New York
|
-$68.4M |
| 3 |
PSCM
Pershing Square Capital Management
New York
|
-$64.3M |
| 4 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
-$55.7M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$42.2M |
QSR Hedge Fund Activity: Q4 2018 in Review
309 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q4 2018, worth a combined $11B — down 8.9% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new QSR positions and 39 closed out — a net gain of 22 holders — while 93 added to existing stakes and 105 trimmed.
The largest buyer was Ameriprise, adding an estimated $152M. The largest seller was Citadel Advisors, cutting an estimated $203M.
- 309 institutional investors held Restaurant Brands International (QSR) as of Q4 2018, up from 289 in Q3 2018.
- Funds reported $11B of Restaurant Brands International stock for Q4 2018, down 8.9% quarter-over-quarter.
- 61 funds opened new Restaurant Brands International positions in Q4 2018 and 39 closed out, a net change of +22 holders.
- The largest Restaurant Brands International buyer in Q4 2018 was Ameriprise, an estimated $152M added.
- The largest Restaurant Brands International seller in Q4 2018 was Citadel Advisors, an estimated $203M sold.
Based on aggregated 13F filings for Q4 2018.