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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 2022

Institutional positions in Restaurant Brands International Inc. as of Sep 30, 2022. 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
395
+16 vs. Q2 2022
Shares held
242.8M
−778.5K (−0.3%) vs. Q2 2022
Total value
$13.0B
+$656.6M (+5.3%) vs. Q2 2022
New holders
71
120 more added
Sold out
55
132 more reduced

4 institutions that held it in Q2 2022 haven't filed for Q3 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2022: 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 2022: 395 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 2022: $13.0B
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 2022

Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q2 2022.

Institutions holding QSR in Q3 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Capital World Investors37,554,832$2.00B0.45%−7,1280.0%Reduced
Pershing Square Capital Management, L.P.24,194,166$1.29B16.33%+371,525+1.6%Added
Royal Bank of Canada21,570,674$1.15B0.38%+714,189+3.4%Added
EdgePoint Investment Group Inc.13,926,969$743.0M8.31%−3,988,913−22.3%Reduced
Vanguard Group Inc10,834,488$576.2M0.02%+312,782+3.0%Added
Jarislowsky, Fraser Ltd10,041,037$537.0M3.72%−232,242−2.3%Reduced
Beutel, Goodman & Co Ltd.8,671,710$464.9M3.14%−197,580−2.2%Reduced
Bank of Montreal5,474,084$310.9M0.24%−1,728,331−24.0%Reduced
Mackenzie Financial Corp5,567,742$295.8M0.51%−254,103−4.4%Reduced
Capital Research Global Investors5,194,230$276.2M0.09%+3,452,661+198.3%Added
Manufacturers Life Insurance Company, The4,732,231$253.6M0.18%+646,644+15.8%Added
CIBC Asset Management Inc4,496,960$240.2M1.08%+895,911+24.9%Added
Bank of Nova Scotia4,043,555$215.1M0.68%−26,560−0.7%Reduced
FMR LLC3,574,656$190.1M0.02%+50,900+1.4%Added
1832 Asset Management L.P.3,289,733$174.9M0.37%−284,463−8.0%Reduced
Connor, Clark & Lunn Investment Management Ltd.2,900,469$154.1M1.01%+721,432+33.1%Added
Goldman Sachs Group Inc2,789,076$148.3M0.04%+2,452,258+728.1%Added
TD Asset Management Inc2,632,546$143.0M0.18%−22,121−0.8%Reduced
CIBC World Markets Inc.2,664,933$141.7M0.61%+55,400+2.1%Added
Fiera Capital Corp2,482,170$129.3M0.46%−722,648−22.5%Reduced
Harris Associates L PSuperinvestorHarris Associates (Oakmark)2,310,603$122.9M0.21%−2,669,430−53.6%Reduced
Citadel Advisors LLC2,110,158$112.2M0.14%+204,554+10.7%Added
Epoch Investment Partners, Inc.2,052,618$109.2M0.71%−48,571−2.3%Reduced
Canada Pension Plan Investment Board2,038,745$109.0M0.19%+407,745+25.0%Added
Burgundy Asset Management Ltd.1,849,726$98.4M1.37%−114,149−5.8%Reduced
Invesco Ltd.1,693,184$90.0M0.03%+742,857+78.2%Added
FIL Ltd1,656,267$88.1M0.11%−632,237−27.6%Reduced
Earnest Partners LLC1,612,529$85.8M0.58%+9,354+0.6%Added
Scotia Capital Inc.1,587,654$84.4M0.68%−215,409−11.9%Reduced
JPMorgan Chase & Co1,549,888$82.4M0.01%−168,778−9.8%Reduced
TD Waterhouse Canada Inc.1,124,650$80.4M0.91%+79,655+7.6%Added
Legal & General Group Plc1,429,502$76.4M0.03%−78,878−5.2%Reduced
Point72 Asset Management, L.P.1,429,160$76.0M0.33%+1,429,160New
Scopus Asset Management, L.P.1,425,000$75.8M4.41%+1,425,000New
Primecap Management Co1,368,000$72.8M0.07%00.0%Unchanged
Guardian Capital LP1,345,719$72.0M2.48%−29,320−2.1%Reduced
Norges Bank1,347,629$71.6M0.02%+116,069+9.4%Added
Swiss National Bank1,319,461$70.8M0.05%+2,800+0.2%Added
Toronto Dominion Bank1,197,015$63.7M0.11%−108,084−8.3%Reduced
Cidel Asset Management Inc1,114,764$59.6M2.84%−16,750−1.5%Reduced
Credit Suisse AG1,030,460$54.8M0.06%−99,799−8.8%Reduced
Geode Capital Management, LLC934,861$50.0M0.01%+64,958+7.5%Added
Letko, Brosseau & Associates Inc908,090$48.6M0.96%−15,575−1.7%Reduced
Caisse de Depot Et Placement du Quebec906,692$48.5M0.14%+906,692New
Alberta Investment Management Corp867,343$46.4M0.36%−25,319−2.8%Reduced
Bridgewater Associates, LP830,880$44.4M0.22%−87,156−9.5%Reduced
Bank of America Corp819,264$43.6M0.01%−52,627−6.0%Reduced
GW&K Investment Management, LLC760,771$40.5M0.45%+14,310+1.9%Added
Galibier Capital Management Ltd.746,365$39.9M8.05%−10,462−1.4%Reduced
Sumitomo Mitsui Trust Holdings, Inc.741,533$39.5M0.03%−6,751−0.9%Reduced
Iridian Asset Management LLC691,229$36.8M3.65%−223,252−24.4%Reduced
Massachusetts Financial Services Co675,276$35.9M0.01%−44,478−6.2%Reduced
Mane Global Capital Management LP637,261$33.9M5.80%+637,261New
Amundi609,676$33.6M0.02%+34,596+6.0%Added
Check Capital Management Inc615,176$32.7M3.53%−94,382−13.3%Reduced
Alliancebernstein L.P.607,735$32.3M0.02%+479,602+374.3%Added
Morgan Stanley601,169$32.0M0.00%−112,080−15.7%Reduced
Credential Qtrade Securities Inc.598,222$31.8M2.47%+12,758+2.2%Added
SEI Investments Co575,662$30.6M0.07%−70,298−10.9%Reduced
Scheer, Rowlett & Associates Investment Management Ltd.572,440$30.4M2.75%−19,820−3.3%Reduced
Adage Capital Partners GP, L.L.C.571,500$30.4M0.08%+350,500+158.6%Added
Dimensional Fund Advisors LP550,996$29.3M0.01%+100,631+22.3%Added
Lincluden Management Ltd543,080$28.9M3.68%+403,838+290.0%Added
National Bank of Canada508,693$27.0M0.16%−21,078−4.0%Reduced
Intact Investment Management Inc.361,791$26.5M0.87%−132,200−26.8%Reduced
Addenda Capital Inc.315,812$23.5M1.07%−47,440−13.1%Reduced
Gluskin Sheff & Assoc Inc414,344$22.0M1.31%+1,700+0.4%Added
Wells Fargo & Company410,459$21.8M0.01%−232,420−36.2%Reduced
Alta Capital Management LLC389,640$20.7M1.62%+318,523+447.9%Added
MIC Capital Management UK LLP386,203$20.5M3.70%−67,800−14.9%Reduced
Triasima Portfolio Management inc.367,390$19.5M1.58%+118,094+47.4%Added
Federation des caisses Desjardins du Quebec321,980$18.9M0.22%−67,936−17.4%Reduced
Bank of New York Mellon Corp323,239$17.2M0.00%−2,493−0.8%Reduced
American Century Companies Inc315,232$16.8M0.01%+121,118+62.4%Added
ExodusPoint Capital Management, LP307,984$16.4M0.23%+307,984New
Spears Abacus Advisors LLC304,139$16.2M1.60%−3,077−1.0%Reduced
Arrowstreet Capital, Limited Partnership291,317$15.5M0.02%+291,317New
Korea Investment CORP287,932$15.4M0.05%+230,819+404.1%Added
Public Sector Pension Investment Board287,309$15.4M0.13%+1,984+0.7%Added
Great West Life Assurance Co277,297$14.8M0.04%+17,560+6.8%Added
Renaissance Technologies LLC266,600$14.2M0.02%−40,600−13.2%Reduced
Bank of Nova Scotia Trust Co255,062$13.6M1.54%−21,445−7.8%Reduced
Standard Life Aberdeen plc248,225$13.2M0.04%−1,228−0.5%Reduced
Envestnet Asset Management Inc246,226$13.1M0.01%+68,839+38.8%Added
Balyasny Asset Management LLC242,493$12.9M0.05%+242,493New
RDST Capital LLC235,750$12.5M9.32%−37,600−13.8%Reduced
Braun Stacey Associates Inc228,804$12.2M0.74%+228,804New
Deutsche Bank AG221,532$11.8M0.01%+10,502+5.0%Added
Price T Rowe Associates Inc221,463$11.8M0.00%−40,099−15.3%Reduced
BlackRock Inc.213,068$11.3M0.00%+31,373+17.3%Added
Walleye Capital LLC212,485$11.3M0.26%+68,118+47.2%Added
Rockefeller Capital Management L.P.210,793$11.2M0.06%+46,246+28.1%Added
State of Wisconsin Investment Board207,288$11.1M0.04%−74,805−26.5%Reduced
UBS Group AG204,627$10.9M0.01%−542,456−72.6%Reduced
Teilinger Capital Ltd.198,515$10.6M3.54%−123,685−38.4%Reduced
Manning & Napier Group, LLC195,828$10.4M0.14%−6,308−3.1%Reduced
Maplelane Capital, LLC185,000$9.84M2.44%+185,000New
Polar Asset Management Partners Inc.182,300$9.70M0.13%+182,300New
Bogart Wealth, LLC178,467$9.49M0.79%+19,806+12.5%Added
Nuveen Asset Management, LLC177,279$9.43M0.00%+34,901+24.5%Added