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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, Q3 2021

Institutional positions in Restaurant Brands International Inc. as of Sep 30, 2021. 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
375
+14 vs. Q2 2021
Shares held
246.3M
+7.04M (+2.9%) vs. Q2 2021
Total value
$15.2B
−$334.2M (−2.2%) vs. Q2 2021
New holders
48
164 more added
Sold out
34
103 more reduced

6 institutions that held it in Q2 2021 haven't filed for Q3 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2021: 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 holdersQ3 2021: 375 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: 464 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 heldQ3 2021: $15.2B
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: $17.7BQ2 2023: $20.2BQ3 2023: $17.5BQ4 2023: $20.4BQ1 2024: $20.5BQ2 2024: $19.0BQ3 2024: $19.7BQ4 2024: $17.2BQ1 2025: $18.6BQ2 2025: $18.9BQ3 2025: $18.6BQ4 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$18.6B
Q2 2025455$18.9B
Q1 2025459$18.6B
Q4 2024449$17.2B
Q3 2024463$19.7B
Q2 2024445$19.0B
Q1 2024461$20.5B
Q4 2023464$20.4B
Q3 2023440$17.5B
Q2 2023432$20.2B
Q1 2023433$17.7B
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, Q3 2021

Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q2 2021.

Institutions holding QSR in Q3 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Capital World Investors36,150,730$2.21B0.38%−487,252−1.3%Reduced
Pershing Square Capital Management, L.P.23,937,248$1.46B15.48%+240,331+1.0%Added
Royal Bank of Canada23,383,379$1.43B0.40%+972,468+4.3%Added
EdgePoint Investment Group Inc.14,663,965$894.2M6.92%+1,877,802+14.7%Added
Jarislowsky, Fraser Ltd11,659,460$714.2M3.48%+2,043,171+21.2%Added
Vanguard Group Inc9,340,980$571.6M0.01%+365,233+4.1%Added
Meritage Group LP7,757,120$474.7M9.35%−133,867−1.7%Reduced
Manufacturers Life Insurance Company, The5,680,349$440.8M0.36%+798,708+16.4%Added
Bank of Montreal7,082,689$439.2M0.22%+946,307+15.4%Added
Mackenzie Financial Corp6,440,776$393.9M0.56%+501,496+8.4%Added
Beutel, Goodman & Co Ltd.6,311,596$386.9M2.37%+182,710+3.0%Added
Bank of Nova Scotia4,876,328$298.6M0.55%+1,095,007+29.0%Added
TD Asset Management Inc4,439,859$271.9M0.28%−560,335−11.2%Reduced
Harris Associates L PSuperinvestorHarris Associates (Oakmark)3,996,643$244.6M0.39%−4,765−0.1%Reduced
FMR LLC3,790,338$232.2M0.02%+158,184+4.4%Added
Fiera Capital Corp3,362,227$205.7M0.53%+200,998+6.4%Added
1832 Asset Management L.P.3,283,411$203.3M0.38%+778,567+31.1%Added
CIBC Asset Management Inc3,033,859$184.0M0.74%+734,357+31.9%Added
Epoch Investment Partners, Inc.2,856,121$174.8M0.97%+469,896+19.7%Added
Norges Bank2,732,563$167.2M0.04%−34,067−1.2%Reduced
CIBC World Markets Inc.2,613,081$159.9M0.58%−4,446−0.2%Reduced
Guardian Capital LP2,220,439$136.0M2.81%−33,758−1.5%Reduced
Alliancebernstein L.P.2,168,937$132.7M0.05%+39,690+1.9%Added
Burgundy Asset Management Ltd.2,105,008$129.0M1.26%+20,391+1.0%Added
Principal Financial Group Inc1,858,574$113.7M0.07%−4,192,498−69.3%Reduced
Truist Financial Corp1,845,812$112.9M0.19%+18,520+1.0%Added
Connor, Clark & Lunn Investment Management Ltd.1,679,120$102.8M0.54%+164,020+10.8%Added
Iridian Asset Management LLC1,666,348$102.0M3.19%−527,005−24.0%Reduced
Earnest Partners LLC1,488,872$91.1M0.56%−79,732−5.1%Reduced
Scotia Capital Inc.1,465,252$89.7M0.66%+1,379+0.1%Added
JPMorgan Chase & Co1,453,414$88.9M0.01%+115,757+8.7%Added
Primecap Management Co1,370,900$83.9M0.06%−20,000−1.4%Reduced
Legal & General Group Plc1,367,645$83.8M0.03%+15,529+1.1%Added
Canada Pension Plan Investment Board1,360,000$83.3M0.09%00.0%Unchanged
Toronto Dominion Bank1,350,594$82.7M0.13%−2,878−0.2%Reduced
Swiss National Bank1,151,361$70.2M0.04%−25,900−2.2%Reduced
FIL Ltd1,057,709$64.8M0.07%−209,152−16.5%Reduced
Agf Investments Inc.1,041,158$63.8M0.49%+187,435+22.0%Added
Credit Suisse AG995,614$60.9M0.05%+10,964+1.1%Added
Citadel Advisors LLC992,619$60.7M0.07%−296,306−23.0%Reduced
Franklin Resources Inc968,425$59.3M0.02%+132,463+15.8%Added
Wells Fargo & Company949,414$58.1M0.01%−49,413−4.9%Reduced
Galibier Capital Management Ltd.903,543$55.3M7.58%+11,203+1.3%Added
Cidel Asset Management Inc835,230$51.2M2.08%+1290.0%Added
Invesco Ltd.813,040$49.7M0.01%+91,714+12.7%Added
Alberta Investment Management Corp784,180$48.0M0.41%+145,330+22.7%Added
GW&K Investment Management, LLC773,814$47.4M0.42%+128,077+19.8%Added
UBS Group AG731,828$44.8M0.02%+466,806+176.1%Added
Incline Global Management LLC727,846$44.5M6.41%+1,454+0.2%Added
Geode Capital Management, LLC729,415$44.5M0.01%+74,134+11.3%Added
Massachusetts Financial Services Co720,609$44.1M0.01%+55,166+8.3%Added
Envestnet Asset Management Inc715,843$43.8M0.02%+102,974+16.8%Added
Check Capital Management Inc706,304$43.2M3.70%−4,335−0.6%Reduced
Sumitomo Mitsui Trust Holdings, Inc.695,475$42.5M0.03%−42,484−5.8%Reduced
Mic Capital Partners (Public) (US) Im, LLC672,998$41.2M7.93%00.0%Unchanged
Bank of America Corp623,847$38.2M0.00%−200,133−24.3%Reduced
SEI Investments Co567,044$34.7M0.07%+28,374+5.3%Added
Morgan Stanley558,153$34.2M0.00%−161,408−22.4%Reduced
Amundi492,836$30.2M0.02%+10,559+2.2%Added
Addenda Capital Inc.382,636$29.9M1.41%−10,140−2.6%Reduced
Credential Qtrade Securities Inc.471,141$28.9M2.24%+21,122+4.7%Added
Intact Investment Management Inc.366,591$28.4M0.79%+133,300+57.1%Added
Public Sector Pension Investment Board432,028$26.5M0.16%+355,480+464.4%Added
AustralianSuper Pty Ltd325,296$25.2M0.16%+325,296New
Letko, Brosseau & Associates Inc411,890$25.2M0.37%+40,805+11.0%Added
Two Sigma Investments, LP404,644$24.8M0.07%+404,644New
Bank of New York Mellon Corp399,614$24.5M0.00%+11,862+3.1%Added
BlackRock Inc.397,412$24.3M0.00%+104,661+35.8%Added
Federation des caisses Desjardins du Quebec393,628$24.0M0.25%+29,345+8.1%Added
Millennium Management LLC377,749$23.1M0.03%+377,749New
State of Wisconsin Investment Board358,605$22.0M0.05%+19,500+5.8%Added
Tocqueville Asset Management L.P.336,153$20.6M0.30%+20,295+6.4%Added
New York State Common Retirement Fund289,520$17.7M0.02%+48,880+20.3%Added
Standard Life Aberdeen plc263,505$16.2M0.04%−1,644−0.6%Reduced
M&T Bank Corp260,008$15.9M0.07%+9,005+3.6%Added
Price T Rowe Associates Inc256,462$15.7M0.00%+109,100+74.0%Added
Deutsche Bank AG250,637$15.3M0.01%+32,697+15.0%Added
Bank of Nova Scotia Trust Co248,923$15.2M1.37%+10,236+4.3%Added
Point72 Asset Management, L.P.246,766$15.1M0.07%−171,150−41.0%Reduced
Manning & Napier Group, LLC241,758$14.8M0.13%00.0%Unchanged
Macquarie Group Ltd241,482$14.8M0.01%+238,132+7,108.4%Added
Spears Abacus Advisors LLC241,179$14.8M1.07%+16,452+7.3%Added
New York State Teachers Retirement System229,419$14.0M0.03%+229,419New
Segantii Capital Management Ltd218,500$13.4M0.47%−131,500−37.6%Reduced
Tremblant Capital Group211,858$13.0M0.45%−10,283−4.6%Reduced
HSBC Holdings PLC209,803$12.9M0.01%+203+0.1%Added
Bridgewater Associates, LP192,357$11.8M0.06%+4,929+2.6%Added
Great West Life Assurance Co183,626$11.3M0.03%−2,602−1.4%Reduced
Gateway Investment Advisers LLC184,512$11.3M0.12%−423−0.2%Reduced
Goldman Sachs Group Inc181,531$11.1M0.00%+5,564+3.2%Added
British Columbia Investment Management Corp174,662$10.7M0.06%−6,340−3.5%Reduced
MUFG Securities (Canada), Ltd.164,741$10.1M0.41%+1,156+0.7%Added
Parametric Portfolio Associates LLC162,792$9.96M0.01%+16,138+11.0%Added
Northern Trust Corp159,215$9.74M0.00%−107,450−40.3%Reduced
Infusive Asset Management Inc.157,267$9.66M2.06%+7,545+5.0%Added
Verde Servicos Internacionais S.A.156,000$9.55M1.05%+156,000New
Jane Street Group, LLC144,053$8.82M0.02%+69,251+92.6%Added
M&G Investment Management Ltd141,768$8.72M0.04%−25,414−15.2%Reduced
BancorpSouth Bank141,556$8.66M1.21%+1,068+0.8%Added
Chartwell Investment Partners, LLC139,771$8.55M0.27%−26,623−16.0%Reduced