Restaurant Brands International
389 hedge funds and large institutions have $16.6B invested in Restaurant Brands International in 2019 Q3 according to their latest regulatory filings, with 89 funds opening new positions, 137 increasing their positions, 89 reducing their positions, and 33 closing their positions.
170% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 33
100% more funds holding in top 10
Funds holding in top 10: 8 → 16 (+8)
60% more call options, than puts
Call options by funds: $141M | Put options by funds: $88M
54% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 89
19% more capital invested
Capital invested by funds: $14B → $16.6B (+$2.63B)
17% more funds holding
Funds holding: 333 → 389 (+56)
3.93% more ownership
Funds ownership: 79.2% → 83.13% (+3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$445M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$233M |
| 3 |
Millennium Management
New York
|
+$192M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$170M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$157M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$150M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$134M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$130M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$115M |
| 5 |
MG
Meritage Group
San Francisco,
California
|
-$103M |
QSR Hedge Fund Activity: Q3 2019 in Review
389 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q3 2019, worth a combined $16.6B — up 19% from $14B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new QSR positions and 33 closed out — a net gain of 56 holders — while 137 added to existing stakes and 89 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $445M. The largest seller was Goldman Sachs, cutting an estimated $150M.
- 389 institutional investors held Restaurant Brands International (QSR) as of Q3 2019, up from 333 in Q2 2019.
- Funds reported $16.6B of Restaurant Brands International stock for Q3 2019, up 19% quarter-over-quarter.
- 89 funds opened new Restaurant Brands International positions in Q3 2019 and 33 closed out, a net change of +56 holders.
- The largest Restaurant Brands International buyer in Q3 2019 was T. Rowe Price Associates, an estimated $445M added.
- The largest Restaurant Brands International seller in Q3 2019 was Goldman Sachs, an estimated $150M sold.
Based on aggregated 13F filings for Q3 2019.