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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; 580 institutions reported holding it in 13F filings for Q2 2026, worth $23.5B in total; superinvestors Pershing Square and Baupost Group hold it.

13F holders, Q2 2026

Institutional positions in Restaurant Brands International Inc. as of Jun 30, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
580
+35 vs. Q1 2026
Shares held
322.4M
+43.0M (+15.4%) vs. Q1 2026
Total value
$23.5B
+$2.79B (+13.5%) vs. Q1 2026
New holders
86
240 more added
Sold out
51
166 more reduced

5 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting QSR on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2026: 580 institutions
Q1 2021: 362 institutionsQ2 2021: 367 institutionsQ3 2021: 375 institutionsQ4 2021: 388 institutionsQ1 2022: 385 institutionsQ2 2022: 383 institutionsQ3 2022: 395 institutionsQ4 2022: 427 institutionsQ1 2023: 433 institutionsQ2 2023: 432 institutionsQ3 2023: 440 institutionsQ4 2023: 465 institutionsQ1 2024: 461 institutionsQ2 2024: 445 institutionsQ3 2024: 463 institutionsQ4 2024: 449 institutionsQ1 2025: 459 institutionsQ2 2025: 455 institutionsQ3 2025: 464 institutionsQ4 2025: 506 institutionsQ1 2026: 550 institutionsQ2 2026: 580 institutions
Value heldQ2 2026: $23.5B
Q1 2021: $16.1BQ2 2021: $15.5BQ3 2021: $15.2BQ4 2021: $15.2BQ1 2022: $14.0BQ2 2022: $12.3BQ3 2022: $13.0BQ4 2022: $16.3BQ1 2023: $18.0BQ2 2023: $20.3BQ3 2023: $17.5BQ4 2023: $20.6BQ1 2024: $20.9BQ2 2024: $19.1BQ3 2024: $19.8BQ4 2024: $17.8BQ1 2025: $18.6BQ2 2025: $20.3BQ3 2025: $18.7BQ4 2025: $20.1BQ1 2026: $22.4BQ2 2026: $23.5B
Institutions holding QSR and their total value by quarter
QuarterHoldersValue
Q2 2026580$23.5B
Q1 2026550$22.4B
Q4 2025506$20.1B
Q3 2025464$18.7B
Q2 2025455$20.3B
Q1 2025459$18.6B
Q4 2024449$17.8B
Q3 2024463$19.8B
Q2 2024445$19.1B
Q1 2024461$20.9B
Q4 2023465$20.6B
Q3 2023440$17.5B
Q2 2023432$20.3B
Q1 2023433$18.0B
Q4 2022427$16.3B
Q3 2022395$13.0B
Q2 2022383$12.3B
Q1 2022385$14.0B
Q4 2021388$15.2B
Q3 2021375$15.2B
Q2 2021367$15.5B
Q1 2021362$16.1B

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q1 2026.

Institutions holding QSR in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Capital World Investors43,862,952$3.18B0.38%+1,004,917+2.3%Added
Pershing Square Inc.SuperinvestorPershing Square25,821,284$1.87B9.62%+25,821,284New
Royal Bank of Canada20,236,317$1.47B0.25%+1,850,185+10.1%Added
EdgePoint Investment Group Inc.17,171,552$1.24B9.40%−2,176,585−11.2%Reduced
BlackRock, Inc.15,228,770$1.10B0.02%+7,239,262+90.6%Added
Bank of Montreal11,295,632$818.5M0.30%+2,283,680+25.3%Added
Vanguard Capital Management LLC10,489,509$760.8M0.02%+178,393+1.7%Added
FMR LLC8,417,025$610.5M0.03%+159,170+1.9%Added
Goldman Sachs Group Inc7,310,590$530.1M0.06%+197,151+2.8%Added
Baupost Group LLCSuperinvestorBaupost Group6,753,112$489.6M9.04%−1,327,000−16.4%Reduced
Fiera Capital Corp6,168,961$446.7M1.62%−523,260−7.8%Reduced
CIBC World Markets Inc.6,106,449$442.8M0.75%−653,743−9.7%Reduced
Geode Capital Management, LLC5,854,909$436.1M0.02%+305,839+5.5%Added
Morgan Stanley4,844,426$351.3M0.02%−2,477,176−33.8%Reduced
Bank of America Corp4,769,956$345.9M0.02%−162,706−3.3%Reduced
Beutel, Goodman & Co Ltd.4,424,521$320.8M2.36%−673,889−13.2%Reduced
Canada Pension Plan Investment Board4,224,874$306.1M0.17%+1,284,496+43.7%Added
TD Asset Management Inc4,160,083$301.6M0.26%−1,478,480−26.2%Reduced
Platinum Paramount Investment Ltd.4,118,904$298.7M42.44%00.0%Unchanged
Norges Bank3,821,569$277.0M0.03%+3,821,569New
National Bank of Canada3,649,628$262.5M0.23%+96,627+2.7%Added
Invesco Ltd.3,404,367$246.9M0.02%−138,635−3.9%Reduced
State Street Corp3,368,699$246.5M0.01%−145,985−4.2%Reduced
Nomura Holdings Inc3,372,818$244.6M1.04%+3,372,818New
Canoe Financial LP3,354,908$243.1M3.01%+6,865+0.2%Added
1832 Asset Management L.P.3,205,836$232.5M0.29%−380,034−10.6%Reduced
Vanguard Fiduciary Trust Co3,101,391$225.0M0.05%+32,780+1.1%Added
FIL Ltd2,994,122$217.2M0.16%−510,558−14.6%Reduced
Citadel Advisors LLC2,927,875$212.3M0.12%+850,667+41.0%Added
Davis Selected Advisers2,800,345$203.0M0.87%−798,782−22.2%Reduced
Vanguard Global Advisers, LLC2,629,509$190.7M0.09%+231,342+9.6%Added
Capital Research Global Investors2,514,299$182.3M0.03%+5,313+0.2%Added
TD Waterhouse Canada Inc.2,473,606$177.0M0.47%+112,267+4.8%Added
Blue Sparrow, LLC2,390,000$173.3M1.68%+2,390,000New
Mackenzie Financial Corp1,573,550$161.9M0.16%−96,451−5.8%Reduced
UBS Group AG2,204,777$159.9M0.03%+704,304+46.9%Added
Connor, Clark & Lunn Investment Management Ltd.1,977,662$143.3M0.27%+824,412+71.5%Added
London Co of Virginia1,960,645$142.2M0.81%−41,590−2.1%Reduced
Toronto Dominion Bank1,904,305$138.0M0.23%+138,032+7.8%Added
Cullen Capital Management LLC1,770,095$128.3M1.26%+664,441+60.1%Added
JPMorgan Chase & Co1,714,650$125.6M0.01%+55,254+3.3%Added
Legal & General Group Plc1,595,151$115.7M0.02%−130,153−7.5%Reduced
Dimensional Fund Advisors LP1,440,679$104.5M0.02%+67,776+4.9%Added
Manufacturers Life Insurance Company, The1,406,008$101.8M0.08%+303,511+27.5%Added
Corvex Management LP1,265,178$91.7M2.85%−313,076−19.8%Reduced
UBS Asset Management Americas Inc1,173,662$85.1M0.02%+994,454+554.9%Added
D. E. Shaw & Co., Inc.1,133,719$82.2M0.05%+1,049,119+1,240.1%Added
Charles Schwab Investment Management Inc1,107,644$80.3M0.01%+58,301+5.6%Added
Bank of New York Mellon Corp1,085,058$78.7M0.01%+19,178+1.8%Added
Swiss National Bank1,037,730$75.1M0.04%−69,800−6.3%Reduced
Bank of Nova Scotia1,018,288$73.9M0.11%−76,997−7.0%Reduced
Envestnet Asset Management Inc983,870$71.3M0.02%+76,498+8.4%Added
Scotia Capital Inc.985,634$71.3M0.27%−334,898−25.4%Reduced
Aviso Financial Inc.980,833$71.1M2.47%−9,702−1.0%Reduced
Northern Trust Corp952,665$69.1M0.01%−15,316−1.6%Reduced
Guardian Capital LP942,679$68.4M1.66%−36,847−3.8%Reduced
Alberta Investment Management Corp869,121$63.0M0.36%−11,959−1.4%Reduced
CIBC Asset Management Inc843,087$61.6M0.14%−440,687−34.3%Reduced
Epoch Investment Partners, Inc.799,626$58.0M0.33%−33,712−4.0%Reduced
Nuveen, LLC783,514$56.8M0.01%+18,067+2.4%Added
Raymond James Financial Inc766,686$55.6M0.02%+137,852+21.9%Added
Vanguard Asset Management, Ltd765,815$55.5M0.04%+81,709+11.9%Added
Caisse de Depot Et Placement du Quebec739,937$53.7M0.08%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.708,240$51.3M0.05%−44,549−5.9%Reduced
Capital International Sarl666,592$48.3M0.68%+15,857+2.4%Added
Letko, Brosseau & Associates Inc643,271$46.6M0.69%−26,346−3.9%Reduced
Deutsche Bank AG637,863$46.3M0.01%+87,785+16.0%Added
Jane Street Group, LLC632,013$45.8M0.03%+614,397+3,487.7%Added
Healthcare of Ontario Pension Plan Trust Fund576,200$41.8M0.06%+452,600+366.2%Added
GW&K Investment Management, LLC569,407$41.3M0.32%−9,124−1.6%Reduced
Continental Grain Co559,178$40.5M9.05%00.0%Unchanged
Intact Investment Management Inc.539,861$39.2M1.11%−108,800−16.8%Reduced
Cidel Asset Management Inc526,104$38.1M1.84%−167,012−24.1%Reduced
Wells Fargo & Company516,521$37.5M0.01%+54,723+11.8%Added
Lincluden Management Ltd357,508$36.8M3.61%−95,892−21.1%Reduced
MUFG Securities (Canada), Ltd.491,312$35.6M0.96%−22,391−4.4%Reduced
Vanguard Portfolio Management LLC485,772$35.2M0.00%−27,575−5.4%Reduced
Amundi464,103$33.7M0.01%+35,568+8.3%Added
Addenda Capital Inc.312,203$32.4M0.88%+1,987+0.6%Added
Van Eck Associates Corp439,207$31.8M0.02%+130,422+42.2%Added
British Columbia Investment Management Corp425,604$30.8M0.19%+131,954+44.9%Added
Jupiter Topco LLC425,259$30.8M0.01%+425,259New
Federation des caisses Desjardins du Quebec424,021$30.6M0.09%+8,640+2.1%Added
Natixis Advisors, L.P.406,386$29.5M0.03%+336,443+481.0%Added
Jones Financial Companies LLLP395,400$29.4M0.01%+362,702+1,109.2%Added
Barclays PLC394,824$28.6M0.01%+97,255+32.7%Added
MIC Capital Management UK LLP386,203$28.0M7.10%00.0%Unchanged
Public Sector Pension Investment Board385,088$27.9M0.07%−621,293−61.7%Reduced
Wealth Enhancement Advisory Services, LLC365,666$27.1M0.05%+71,105+24.1%Added
Capital International Ltd371,644$26.9M0.88%+942+0.3%Added
Scheer, Rowlett & Associates Investment Management Ltd.355,630$25.8M1.85%−3,599−1.0%Reduced
Rockefeller Capital Management L.P.351,783$25.5M0.04%+11,158+3.3%Added
Baskin Financial Services Inc.336,931$24.4M1.92%−4,221−1.2%Reduced
AustralianSuper Pty Ltd329,373$23.9M0.10%−89,382−21.3%Reduced
Rhumbline Advisers318,337$23.1M0.02%−7,829−2.4%Reduced
Capital International Inc307,813$22.3M0.16%+12,917+4.4%Added
Bank of Nova Scotia Trust Co295,613$21.4M1.78%−32,826−10.0%Reduced
Russell Investments Group, Ltd.286,182$20.8M0.02%+117,798+70.0%Added
Spears Abacus Advisors LLC284,931$20.7M0.37%−21,900−7.1%Reduced
Picton Mahoney Asset Management264,919$19.2M0.18%+139,223+110.8%Added