Restaurant Brands International
QSR
392 hedge funds and large institutions have $14.8B invested in Restaurant Brands International in 2019 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 170 increasing their positions, 101 reducing their positions, and 54 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 101
24% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 54
1% more funds holding
Funds holding: 389 → 392 (+3)
9% less call options, than puts
Call options by funds: $77.1M | Put options by funds: $84.9M
5.55% less ownership
Funds ownership: 83.13% → 77.58% (-5.5%)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
11% less capital invested
Capital invested by funds: $16.6B → $14.8B (-$1.84B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$212M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$130M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$126M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$111M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$89.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$285M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$258M |
| 3 |
SCM
Suvretta Capital Management
New York
|
-$202M |
| 4 |
Millennium Management
New York
|
-$167M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$118M |
QSR Hedge Fund Activity: Q4 2019 in Review
392 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q4 2019, worth a combined $14.8B — down 11% from $16.6B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new QSR positions and 54 closed out — a net gain of 13 holders — while 170 added to existing stakes and 101 trimmed.
The largest buyer was Capital World Investors, adding an estimated $212M. The largest seller was T. Rowe Price Associates, cutting an estimated $285M.
- 392 institutional investors held Restaurant Brands International (QSR) as of Q4 2019, up from 389 in Q3 2019.
- Funds reported $14.8B of Restaurant Brands International stock for Q4 2019, down 11% quarter-over-quarter.
- 67 funds opened new Restaurant Brands International positions in Q4 2019 and 54 closed out, a net change of +13 holders.
- The largest Restaurant Brands International buyer in Q4 2019 was Capital World Investors, an estimated $212M added.
- The largest Restaurant Brands International seller in Q4 2019 was T. Rowe Price Associates, an estimated $285M sold.
Based on aggregated 13F filings for Q4 2019.