Restaurant Brands: Ackman, Buffett and 3G Capital
10/30/2017 5:00 am EST
Hedge fund manager Bill Ackman has an incredible 40.1% of his fund at Pershing Square Capital Management invested in Restaurant Brands International’s stock.
As it turns out, Warren Buffett is also a major investor in the company. Furthermore, private equity firm 3G Capital is the biggest shareholder, owning 42.5% of the shares. The second-largest shareholder, owning 11.6% of QSR, is National Indemnity.
National Indemnity itself is a subsidiary of Warren Buffett's Berkshire Hathaway (BRK-B). Once you look through the ownership structure, together, 3G and Berkshire own about 54% of the stock. That means that 3G and Berkshire together control the company.
Technically, Restaurant Brands International is in a strong uptrend and scores 100% on my short-, medium- and long-term technical indicators.