Restaurant Brands International
333 hedge funds and large institutions have $14B invested in Restaurant Brands International in 2019 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 112 increasing their positions, 100 reducing their positions, and 42 closing their positions.
26% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 42
12% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 100
2% more funds holding
Funds holding: 327 → 333 (+6)
5% more capital invested
Capital invested by funds: $13.4B → $14B (+$631M)
7% less call options, than puts
Call options by funds: $72.3M | Put options by funds: $77.3M
2.36% less ownership
Funds ownership: 81.56% → 79.2% (-2.4%)
38% less funds holding in top 10
Funds holding in top 10: 13 → 8 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$230M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$155M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$127M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$106M |
| 5 |
Goldman Sachs
New York
|
+$68.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
-$192M |
| 2 |
PSCM
Pershing Square Capital Management
New York
|
-$181M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$119M |
| 4 |
MCM
Melvin Capital Management
New York
|
-$119M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$102M |
QSR Hedge Fund Activity: Q2 2019 in Review
333 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q2 2019, worth a combined $14B — up 4.7% from $13.4B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new QSR positions and 42 closed out — a net gain of 11 holders — while 112 added to existing stakes and 100 trimmed.
The largest buyer was Nuveen, adding an estimated $230M. The largest seller was Eminence Capital, exiting entirely with an estimated $192M sold.
- 333 institutional investors held Restaurant Brands International (QSR) as of Q2 2019, up from 327 in Q1 2019.
- Funds reported $14B of Restaurant Brands International stock for Q2 2019, up 4.7% quarter-over-quarter.
- 53 funds opened new Restaurant Brands International positions in Q2 2019 and 42 closed out, a net change of +11 holders.
- The largest Restaurant Brands International buyer in Q2 2019 was Nuveen, an estimated $230M added.
- The largest Restaurant Brands International seller in Q2 2019 was Eminence Capital, an estimated $192M sold.
Based on aggregated 13F filings for Q2 2019.