Largest companies by net assets

Companies ranked by net assets, in USD

Company	Net assets	Sector	Industry	Country	Exchange
1YUMCYum China Holdings, Inc.	$5.36B	Consumer Cyclical	Restaurants	United States	NYSE
2QSRRestaurant Brands International Inc.	$3.85B	Consumer Cyclical	Restaurants	United States	NYSE
3ARMKAramark	$3.39B	Consumer Cyclical	Restaurants	United States	NYSE
4CMGCHIPOTLE MEXICAN GRILL INC	$2.20B	Consumer Cyclical	Restaurants	United States	NYSE
5TXRHTexas Roadhouse, Inc.	$1.56B	Consumer Cyclical	Restaurants	United States	Nasdaq
6CAVACAVA GROUP, INC.	$841.28M	Consumer Cyclical	Restaurants	United States	NYSE
7FWRGFirst Watch Restaurant Group, Inc.	$634.17M	Consumer Cyclical	Restaurants	United States	Nasdaq
8SHAKShake Shack Inc.	$544.32M	Consumer Cyclical	Restaurants	United States	NYSE
9BHBiglari Holdings Inc.	$543.79M	Consumer Cyclical	Restaurants	United States	NYSE
10CAKECHEESECAKE FACTORY INC	$518.96M	Consumer Cyclical	Restaurants	United States	Nasdaq
11CBRLCRACKER BARREL OLD COUNTRY STORE, INC	$478.21M	Consumer Cyclical	Restaurants	United States	Nasdaq
12SGSweetgreen, Inc.	$467.62M	Consumer Cyclical	Restaurants	United States	NYSE
13EATBRINKER INTERNATIONAL, INC	$443.70M	Consumer Cyclical	Restaurants	United States	NYSE
14BLMNBloomin' Brands, Inc.	$431.83M	Consumer Cyclical	Restaurants	United States	Nasdaq
15BJRIBJs RESTAURANTS INC	$397.40M	Consumer Cyclical	Restaurants	United States	Nasdaq
16RICKRCI HOSPITALITY HOLDINGS, INC.	$234.75M	Consumer Cyclical	Restaurants	United States	Nasdaq
17KRUSKURA SUSHI USA, INC.	$230.85M	Consumer Cyclical	Restaurants	United States	Nasdaq
18PLAYDave & Buster's Entertainment, Inc.	$87.90M	Consumer Cyclical	Restaurants	United States	Nasdaq
19BDLFLANIGANS ENTERPRISES INC	$69.76M	Consumer Cyclical	Restaurants	United States	NYSE
20BRCBBlack Rock Coffee Bar, Inc.	$54.63M	Consumer Cyclical	Restaurants	United States	Nasdaq
21ARKRARK RESTAURANTS CORP	$31.52M	Consumer Cyclical	Restaurants	United States	Nasdaq
22BTBDBT Brands, Inc.	$6.35M	Consumer Cyclical	Restaurants	United States	Nasdaq
23JMKEJersey Mike's Subs Inc.	$0.00M	Consumer Cyclical	Restaurants	—	NYSE
24NATHNATHANS FAMOUS, INC.	$-7.16M	Consumer Cyclical	Restaurants	United States	Nasdaq
25SDOTSadot Group Inc.	$-8.52M	Consumer Cyclical	Restaurants	United States	Nasdaq
26LVOLiveOne, Inc.	$-13.68M	Consumer Cyclical	Restaurants	United States	Nasdaq
27RRGBRED ROBIN GOURMET BURGERS INC	$-105.59M	Consumer Cyclical	Restaurants	United States	Nasdaq
28PZZAPAPA JOHNS INTERNATIONAL INC	$-453.05M	Consumer Cyclical	Restaurants	United States	Nasdaq
29WINGWingstop Inc.	$-772.99M	Consumer Cyclical	Restaurants	United States	Nasdaq
30JACKJACK IN THE BOX INC	$-901.29M	Consumer Cyclical	Restaurants	United States	Nasdaq
31MCDMCDONALDS CORP	$-1.02B	Consumer Cyclical	Restaurants	United States	NYSE
32YUMYUM BRANDS INC	$-7.11B	Consumer Cyclical	Restaurants	United States	NYSE
33SBUXSTARBUCKS CORP	$-7.67B	Consumer Cyclical	Restaurants	United States	Nasdaq

U.S.-exchange common stocks; ADRs and funds excluded. 33 companies. Reported USD values. TTM means trailing twelve months; companies without a comparable value are excluded.