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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, Q4 2021

Institutional positions in Restaurant Brands International Inc. as of Dec 31, 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
388
+16 vs. Q3 2021
Shares held
250.0M
+3.69M (+1.5%) vs. Q3 2021
Total value
$15.2B
−$11.8M (−0.1%) vs. Q3 2021
New holders
69
135 more added
Sold out
53
130 more reduced

3 institutions that held it in Q3 2021 haven't filed for Q4 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2021: 388 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 heldQ4 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, Q4 2021

Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q3 2021.

Institutions holding QSR in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Capital World Investors37,476,766$2.27B0.36%+1,326,036+3.7%Added
Pershing Square Capital Management, L.P.23,937,248$1.45B13.47%00.0%Unchanged
Royal Bank of Canada19,488,537$1.18B0.29%−3,894,842−16.7%Reduced
EdgePoint Investment Group Inc.15,784,671$954.3M7.28%+1,120,706+7.6%Added
Jarislowsky, Fraser Ltd11,628,565$697.5M3.25%−30,895−0.3%Reduced
Vanguard Group Inc9,627,313$584.2M0.01%+286,333+3.1%Added
Beutel, Goodman & Co Ltd.8,678,380$525.0M3.00%+2,366,784+37.5%Added
Meritage Group LP7,132,490$432.8M8.63%−624,630−8.1%Reduced
Harris Associates L PSuperinvestorHarris Associates (Oakmark)5,648,088$342.7M0.53%+1,651,445+41.3%Added
Mackenzie Financial Corp5,515,548$334.4M0.45%−925,228−14.4%Reduced
Bank of Montreal5,463,390$333.8M0.18%−1,619,299−22.9%Reduced
Manufacturers Life Insurance Company, The5,271,273$318.2M0.19%−409,076−7.2%Reduced
Bank of Nova Scotia4,968,122$301.4M0.44%+91,794+1.9%Added
Murchinson Ltd.4,085,000$247.9M23.53%+4,085,000New
FMR LLC3,908,967$237.1M0.02%+118,629+3.1%Added
Fiera Capital Corp3,174,795$192.5M0.45%−187,432−5.6%Reduced
CIBC Asset Management Inc3,089,894$187.2M0.69%+56,035+1.8%Added
1832 Asset Management L.P.2,986,660$181.9M0.32%−296,751−9.0%Reduced
TD Asset Management Inc2,959,260$179.7M0.15%−1,480,599−33.3%Reduced
Epoch Investment Partners, Inc.2,758,301$167.4M0.85%−97,820−3.4%Reduced
CIBC World Markets Inc.2,756,160$167.2M0.55%+143,079+5.5%Added
Norges Bank2,509,543$152.3M0.03%−223,020−8.2%Reduced
Burgundy Asset Management Ltd.2,458,416$148.7M1.45%+353,408+16.8%Added
Guardian Capital LP2,242,954$136.2M2.63%+22,515+1.0%Added
Alliancebernstein L.P.2,187,355$132.7M0.05%+18,418+0.8%Added
MUFG Securities (Canada), Ltd.1,908,323$115.8M5.31%+1,743,582+1,058.4%Added
Scotia Capital Inc.1,778,128$107.7M0.71%+312,876+21.4%Added
Truist Financial Corp1,723,993$104.6M0.16%−121,819−6.6%Reduced
Canada Pension Plan Investment Board1,620,900$98.4M0.10%+260,900+19.2%Added
Alberta Investment Management Corp1,591,582$96.6M0.59%+807,402+103.0%Added
Connor, Clark & Lunn Investment Management Ltd.1,565,355$95.0M0.46%−113,765−6.8%Reduced
JPMorgan Chase & Co1,544,257$93.7M0.01%+90,843+6.3%Added
Citadel Advisors LLC1,507,169$91.5M0.10%+514,550+51.8%Added
Toronto Dominion Bank1,440,461$87.3M0.12%+89,867+6.7%Added
Earnest Partners LLC1,430,713$86.8M0.50%−58,159−3.9%Reduced
Boston Partners1,347,994$81.7M0.10%+1,302,318+2,851.2%Added
Legal & General Group Plc1,335,265$81.1M0.02%−32,380−2.4%Reduced
Primecap Management Co1,255,700$76.2M0.05%−115,200−8.4%Reduced
UBS Asset Management Americas Inc1,225,986$74.4M0.03%+1,222,183+32,137.3%Added
Swiss National Bank1,125,261$68.0M0.04%−26,100−2.3%Reduced
Goldman Sachs Group Inc1,053,560$63.9M0.02%+872,029+480.4%Added
Cidel Asset Management Inc981,829$59.6M2.22%+146,599+17.6%Added
FIL Ltd975,709$59.2M0.06%−82,000−7.8%Reduced
Letko, Brosseau & Associates Inc961,190$58.4M0.84%+549,300+133.4%Added
Credit Suisse AG943,448$57.2M0.05%−52,166−5.2%Reduced
TD Waterhouse Canada Inc.763,102$57.2M0.56%+763,102New
Galibier Capital Management Ltd.861,130$52.3M7.50%−42,413−4.7%Reduced
Iridian Asset Management LLC850,159$51.6M3.25%−816,189−49.0%Reduced
Invesco Ltd.839,170$50.9M0.01%+26,130+3.2%Added
Geode Capital Management, LLC802,122$48.4M0.01%+72,707+10.0%Added
UBS Group AG777,667$47.2M0.02%+45,839+6.3%Added
GW&K Investment Management, LLC746,466$45.3M0.38%−27,348−3.5%Reduced
Massachusetts Financial Services Co738,246$44.8M0.01%+17,637+2.4%Added
Check Capital Management Inc712,258$43.2M3.40%+5,954+0.8%Added
Bank of America Corp709,058$43.0M0.00%+85,211+13.7%Added
Sumitomo Mitsui Trust Holdings, Inc.682,812$41.4M0.03%−12,663−1.8%Reduced
MIC Capital Management UK LLP672,998$40.8M7.93%+672,998New
Wells Fargo & Company642,827$39.0M0.01%−306,587−32.3%Reduced
SEI Investments Co589,267$35.8M0.07%+22,223+3.9%Added
Intact Investment Management Inc.433,491$33.2M0.85%+66,900+18.2%Added
Envestnet Asset Management Inc544,555$33.0M0.02%−171,288−23.9%Reduced
Credential Qtrade Securities Inc.505,063$30.6M2.07%+33,922+7.2%Added
Amundi520,892$30.1M0.02%+28,056+5.7%Added
Addenda Capital Inc.380,926$29.5M1.27%−1,710−0.4%Reduced
National Bank of Canada487,508$29.5M0.12%+487,508New
Morgan Stanley454,896$27.6M0.00%−103,257−18.5%Reduced
Federation des caisses Desjardins du Quebec428,525$25.9M0.26%+34,897+8.9%Added
State of Wisconsin Investment Board347,097$21.1M0.04%−11,508−3.2%Reduced
Scheer, Rowlett & Associates Investment Management Ltd.335,240$20.3M1.40%+335,240New
Public Sector Pension Investment Board303,978$18.5M0.10%−128,050−29.6%Reduced
Bank of New York Mellon Corp298,976$18.1M0.00%−100,638−25.2%Reduced
British Columbia Investment Management Corp291,749$17.7M0.10%+117,087+67.0%Added
AustralianSuper Pty Ltd284,091$16.8M0.09%−41,205−12.7%Reduced
Bank of Nova Scotia Trust Co262,311$15.9M1.38%+13,388+5.4%Added
Tremblant Capital Group257,954$15.7M0.57%+46,096+21.8%Added
Price T Rowe Associates Inc257,462$15.6M0.00%+1,000+0.4%Added
M&T Bank Corp257,209$15.6M0.07%−2,799−1.1%Reduced
Spears Abacus Advisors LLC249,267$15.1M1.02%+8,088+3.4%Added
RDST Capital LLC243,000$14.7M10.05%+243,000New
Manning & Napier Group, LLC241,766$14.7M0.12%+80.0%Added
Standard Life Aberdeen plc225,349$13.7M0.03%−38,156−14.5%Reduced
Deutsche Bank AG224,794$13.6M0.01%−25,843−10.3%Reduced
HSBC Holdings PLC202,639$12.3M0.01%−7,164−3.4%Reduced
Parametric Portfolio Associates LLC197,937$12.0M0.01%+35,145+21.6%Added
Millennium Management LLC197,025$12.0M0.01%−180,724−47.8%Reduced
Great West Life Assurance Co193,926$11.7M0.02%+10,300+5.6%Added
Bridgewater Associates, LP191,820$11.6M0.07%−537−0.3%Reduced
Dimensional Fund Advisors LP187,325$11.4M0.00%+62,042+49.5%Added
Gateway Investment Advisers LLC184,794$11.2M0.11%+282+0.2%Added
Northern Trust Corp162,549$9.86M0.00%+3,334+2.1%Added
SIG North Trading, ULC161,513$9.75M2.47%+161,513New
Susquehanna International Group, LLP156,193$9.48M0.01%+71,616+84.7%Added
Verde Servicos Internacionais S.A.156,000$9.47M1.19%00.0%Unchanged
Russell Investments Group, Ltd.149,545$9.08M0.01%+19,115+14.7%Added
BlackRock Inc.145,170$8.81M0.00%−252,242−63.5%Reduced
BancorpSouth Bank144,025$8.74M1.09%+2,469+1.7%Added
M&G Investment Management Ltd141,630$8.63M0.06%−138−0.1%Reduced
Simcoe Capital Management, LLC140,690$8.54M1.06%+140,690New
Raymond James & Associates139,613$8.48M0.01%+6,446+4.8%Added
Pictet Asset Management SA139,260$8.46M0.01%+1,077+0.8%Added