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Restaurant Brands International

383 hedge funds and large institutions have $11.9B invested in Restaurant Brands International in 2022 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 140 increasing their positions, 129 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more call options, than puts

Call options by funds: $126M | Put options by funds: $89.3M

17% more funds holding in top 10

Funds holding in top 10: 1214 (+2)

1.52% more ownership

Funds ownership: 77.44%78.97% (+1.5%)

9% more repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 129

5% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 44

0% less funds holding

Funds holding: 384383 (-1)

15% less capital invested

Capital invested by funds: $14B → $11.9B (-$2.14B)

Holders
383
Holders Change
-1
Holders Change %
-0.26%
% of All Funds
6.45%
Holding in Top 10
14
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+16.67%
% of All Funds
0.24%
New
46
Increased
140
Reduced
129
Closed
44
Calls
$126M
Puts
$89.3M
Net Calls
+$36.9M
Net Calls Change
+$31.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$1.88B -$800K -14,951 -0%
PSCM
2
Pershing Square Capital Management
New York
$1.19B -$2.25M -41,990 -0.2%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$1.05B +$56.2M +1,049,859 +5%
EIG
4
EdgePoint Investment Group
Ontario, Canada
$895M +$64.8M +1,211,721 +7%
Vanguard Group
5
Vanguard Group
Pennsylvania
$528M +$16M +298,857 +3%
JFL
6
Jarislowsky, Fraser Ltd
Quebec, Canada
$514M -$4.68M -87,430 -0.8%
BGC
7
Beutel, Goodman & Co
Ontario, Canada
$444M +$23.4M +436,957 +5%
Mackenzie Financial
8
Mackenzie Financial
Ontario, Canada
$292M +$13.8M +257,217 +5%
Harris Associates
9
Harris Associates
Illinois
$250M -$21.9M -410,200 -8%
Manulife (Manufacturers Life Insurance)
10
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$205M -$32.3M -602,944 -13%
Bank of Nova Scotia
11
Bank of Nova Scotia
Ontario, Canada
$204M +$3.07M +57,387 +1%
CIBC Asset Management
12
CIBC Asset Management
Ontario, Canada
$181M +$38.3M +716,188 +25%
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$179M -$2.73M -51,038 -1%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$177M -$12M -225,165 -6%
MG
15
Meritage Group
California
$172M -$173M -3,230,139 -48%
Fiera Capital (Canada)
16
Fiera Capital (Canada)
Quebec, Canada
$161M +$18.7M +349,721 +12%
TD Asset Management
17
TD Asset Management
Ontario, Canada
$133M -$2.77M -51,790 -2%
CIBC World Market
18
CIBC World Market
Ontario, Canada
$131M +$2.67M +49,914 +2%
Fidelity International
19
Fidelity International
Bermuda
$115M +$26.2M +488,867 +27%
Connor, Clark & Lunn Investment Management (CC&L)
20
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$109M +$63.5M +1,186,355 +120%
EIP
21
Epoch Investment Partners
New York
$105M -$43.1M -806,153 -28%
BAM
22
Burgundy Asset Management
Ontario, Canada
$98.4M -$4.71M -88,042 -4%
Citadel Advisors
23
Citadel Advisors
Florida
$95.6M +$95M +1,775,918 +1,369%
Boston Partners
24
Boston Partners
Massachusetts
$94.5M +$1.79M +33,447 +2%
SC
25
Scotia Capital
Ontario, Canada
$90.2M +$4.88M +91,315 +5%

QSR Hedge Fund Activity: Q2 2022 in Review

383 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q2 2022, worth a combined $11.9B — down 15% from $14B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new QSR positions and 44 closed out — a net gain of 2 holders — while 140 added to existing stakes and 129 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $105M. The largest seller was Meritage Group, cutting an estimated $173M.

  • 383 institutional investors held Restaurant Brands International (QSR) as of Q2 2022, down from 384 in Q1 2022.
  • Funds reported $11.9B of Restaurant Brands International stock for Q2 2022, down 15% quarter-over-quarter.
  • 46 funds opened new Restaurant Brands International positions in Q2 2022 and 44 closed out, a net change of +2 holders.
  • The largest Restaurant Brands International buyer in Q2 2022 was Bank of Montreal, an estimated $105M added.
  • The largest Restaurant Brands International seller in Q2 2022 was Meritage Group, an estimated $173M sold.

Based on aggregated 13F filings for Q2 2022.