Restaurant Brands International Inc.
QSR- Exchange
- NYSE
- Industry
- Retail-Eating Places
- SEC CIK
- 0001618756
In the last 90 days, Restaurant Brands International Inc. insiders filed 0 open-market purchases and 2 sales; 582 institutions reported holding it in 13F filings for Q2 2026, worth $23.5B in total; superinvestors Pershing Square and Baupost Group hold it.
Key figures
- Market capNo recent share count in SEC filings
- –
- Insider buysOpen market, last 90 days
- 0
- Insider sellsLast 90 days, $9.84M in total
- 2
- 13F holdersQ2 2026, +34 vs. previous quarter
- 582
- 13F valueReported value at the end of Q2 2026
- $23.5B
- Superinvestors holdingAt the end of Q2 2026
- 2
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $9.43B
- +12.2% year over year
- Net income, FY2025
- $1.07B
- −25.6% year over year
- Free cash flow, FY2025
- $1.45B
- +11.3% year over year
- Revenue, Q3 FY2026
- $2.52B
- +3.1% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 16.0M
- Shares sold short
- Change
- −1.02M
- −6.0% vs. previous
- Days to cover
- 5.63
- At average daily volume
Superinvestors holding QSR, Q2 2026
Go to the superinvestors tab2 superinvestors report holding Restaurant Brands International Inc. on Form 13F. Percentages are the stock's share of each portfolio.
Pershing Square
Bill Ackman
9.6%
Restaurant Brands International Inc.'s share of the portfolio
- Shares
- 25,821,284
- Value
- $1.87B
Baupost Group
Seth Klarman
9.0%
Restaurant Brands International Inc.'s share of the portfolio
- Shares
- 6,753,112
- Value
- $489.6M
Latest insider trades
See all insider tradesOpen-market purchases and sales by Restaurant Brands International Inc. insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Sep 9, 2026 (view filing)5:02 PM ET | Sep 4 | 5 days | Schwan Axel MrPres., Tim Hortons US & Canada | SSale | −57.6K | $81.14 | −$4.67M | −21.5%209.9K after | |
| Aug 25, 2026 (view filing)4:40 PM ET | Aug 21 | 4 days | Curtis Thomas BenjaminPres., BK US & CA | SSale | −64.0K | $80.72 | −$5.17M | −62.6%38.2K after | |
| Mar 20, 2026 (view filing) | Mar 20 | Same day | Housman JeffreySee Remarks | SSale | −20.0K | $73.48 | −$1.47M | −11.0%162.1K after | |
| Mar 18, 2026 (view filing) | Mar 17 | 1 day | Santelmo Thiago TPresident, International | SSale | −10.0K | $75.41 | −$754.1K | −11.3%78.6K after | |
| Mar 18, 2026 (view filing) | Mar 18 | Same day | Kobza JoshuaChief Executive Officer | SSale | −200.0K | $75.05 | −$15.0M | −17.2%960.8K after | |
| Mar 18, 2026 (view filing) | Mar 16 | 2 days | Friesner JacquelineSee Remarks | SSale | −30.0K | $74.61 | −$2.24M | −15.3%165.7K after | |
| Mar 18, 2026 (view filing) | Mar 16-18 | 2 days | Granat JillSee Remarks | SSale | −50.0K | $74.93 | −$3.75M | −9.5%478.8K after | 2 lots |
| Mar 17, 2026 (view filing) | Mar 16-17 | 1 day | Siddiqui Sami A.Chief Financial Officer | SSale | −80.0K | $74.90 | −$5.99M | −86.8%12.1K after | 2 lots |
| Feb 24, 2026 (view filing) | Feb 23 | 1 day | Perdue PeterPresident, Popeyes-US & Canada | SSale | −3.88K | $67.51 | −$262.1K | −8.3%42.9K after | |
| Feb 24, 2026 (view filing) | Feb 23 | 1 day | Santelmo Thiago TPresident, International | SSale | −5.69K | $67.51 | −$383.9K | −7.1%74.1K after |
Top 10 13F holders, Q2 2026
See all 582 holdersThe largest institutional positions in Restaurant Brands International Inc. at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital World Investors | 43,862,952 | $3.18B | 0.38% | +1,004,917+2.3% | Added |
| Pershing Square Inc.SuperinvestorPershing Square | 25,821,284 | $1.87B | 9.62% | +25,821,284 | New |
| Royal Bank of Canada | 20,236,317 | $1.47B | 0.25% | +1,850,185+10.1% | Added |
| EdgePoint Investment Group Inc. | 17,171,552 | $1.24B | 9.40% | −2,176,585−11.2% | Reduced |
| BlackRock, Inc. | 15,228,770 | $1.10B | 0.02% | +7,239,262+90.6% | Added |
| Bank of Montreal | 11,295,632 | $818.5M | 0.30% | +2,283,680+25.3% | Added |
| Vanguard Capital Management LLC | 10,489,509 | $760.8M | 0.02% | +178,393+1.7% | Added |
| FMR LLC | 8,417,025 | $610.5M | 0.03% | +159,170+1.9% | Added |
| Goldman Sachs Group Inc | 7,310,590 | $530.1M | 0.06% | +197,151+2.8% | Added |
| Baupost Group LLCSuperinvestorBaupost Group | 6,753,112 | $489.6M | 9.04% | −1,327,000−16.4% | Reduced |
Holders of 5% or more of QSR
See all 4 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Restaurant Brands International Inc..
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| 3G Restaurant Brands Holdings General Partner Ltd. | 13D/A | 21.30%94.4M shares | −0.80 ppfrom 22.10% | Aug 6, 202112 filings | Aug 12, 2026 | SEC |
| Pershing Square Capital Management, L.P. | 13D/A | 7.80%27.1M shares | +1.30 ppfrom 6.50% | Apr 29, 20244 filings | May 8, 2026 | SEC |
| BlackRock, Inc. | 13G/A | 7.00%22.8M shares | +1.10 ppfrom 5.90% | Jul 17, 20252 filings | Jan 21, 2026 | SEC |
| Vanguard Capital Management LLC | 13G | 5.00%17.4M shares | New | Oct 30, 20261 filing | Oct 30, 2026 | SEC |
Politician trades
All politician trades in QSR6 members of Congress reported 14 trades in Restaurant Brands International Inc. since 2020. Newest filings:
| Filed | Politician | Type | Amount |
|---|---|---|---|
| Sep 14, 2026 |  Josh Gottheimer House · NJ | Buy | $1K-$15K |
| Mar 6, 2025 |  John Boozman Senate · AR | Sell (full) | $1K-$15K |
| May 15, 2024 |  Tommy Tuberville Senate · AL | Sell (full) | $1K-$15K |
| May 12, 2023 | Tommy Tuberville Senate · AL | Buy | $1K-$15K |
| Aug 26, 2021 |  Tom Malinowski House · NJ | Buy | $1K-$15K |
House · NJ · Sep 14, 2026
Buy$1K-$15K
Senate · AR · Mar 6, 2025
Sell (full)$1K-$15K
Senate · AL · May 15, 2024
Sell (full)$1K-$15K
Senate · AL · May 12, 2023
Buy$1K-$15K
House · NJ · Aug 26, 2021
Buy$1K-$15K