Restaurant Brands International
QSR
365 hedge funds and large institutions have $13.4B invested in Restaurant Brands International in 2020 Q2 according to their latest regulatory filings, with 93 funds opening new positions, 116 increasing their positions, 116 reducing their positions, and 57 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 9 → 15 (+6)
63% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 57
45% more call options, than puts
Call options by funds: $121M | Put options by funds: $83.8M
42% more capital invested
Capital invested by funds: $9.43B → $13.4B (+$3.95B)
11% more funds holding
Funds holding: 330 → 365 (+35)
1.97% more ownership
Funds ownership: 78.87% → 80.84% (+2%)
0% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 116
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Pershing Square Capital Management
New York
|
+$506M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$327M |
| 3 |
MG
Meritage Group
San Francisco,
California
|
+$230M |
| 4 |
PC
Pelham Capital
London,
United Kingdom
|
+$223M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$166M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
|
-$338M |
| 2 |
SCP
Soroban Capital Partners
New York
|
-$208M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$198M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
-$185M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$83.1M |
QSR Hedge Fund Activity: Q2 2020 in Review
365 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q2 2020, worth a combined $13.4B — up 42% from $9.43B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new QSR positions and 57 closed out — a net gain of 36 holders — while 116 added to existing stakes and 116 trimmed.
The largest buyer was Pershing Square Capital Management, adding an estimated $506M. The largest seller was Berkshire Hathaway, exiting entirely with an estimated $338M sold.
- 365 institutional investors held Restaurant Brands International (QSR) as of Q2 2020, up from 330 in Q1 2020.
- Funds reported $13.4B of Restaurant Brands International stock for Q2 2020, up 42% quarter-over-quarter.
- 93 funds opened new Restaurant Brands International positions in Q2 2020 and 57 closed out, a net change of +36 holders.
- The largest Restaurant Brands International buyer in Q2 2020 was Pershing Square Capital Management, an estimated $506M added.
- The largest Restaurant Brands International seller in Q2 2020 was Berkshire Hathaway, an estimated $338M sold.
Based on aggregated 13F filings for Q2 2020.