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, Q1 2023
Institutional positions in Restaurant Brands International Inc. as of Mar 31, 2023. 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
- 433
- +13 vs. Q4 2022
- Shares held
- 281.3M
- +30.8M (+12.3%) vs. Q4 2022
- Total value
- $17.7B
- +$1.48B (+9.1%) vs. Q4 2022
- New holders
- 59
- 167 more added
- Sold out
- 46
- 138 more reduced
7 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 580 | $23.5B |
| Q1 2026 | 550 | $22.4B |
| Q4 2025 | 506 | $20.1B |
| Q3 2025 | 464 | $18.6B |
| Q2 2025 | 455 | $18.9B |
| Q1 2025 | 459 | $18.6B |
| Q4 2024 | 449 | $17.2B |
| Q3 2024 | 463 | $19.7B |
| Q2 2024 | 445 | $19.0B |
| Q1 2024 | 461 | $20.5B |
| Q4 2023 | 464 | $20.4B |
| Q3 2023 | 440 | $17.5B |
| Q2 2023 | 432 | $20.2B |
| Q1 2023 | 433 | $17.7B |
| Q4 2022 | 427 | $16.3B |
| Q3 2022 | 395 | $13.0B |
| Q2 2022 | 383 | $12.3B |
| Q1 2022 | 385 | $14.0B |
| Q4 2021 | 388 | $15.2B |
| Q3 2021 | 375 | $15.2B |
| Q2 2021 | 367 | $15.5B |
| Q1 2021 | 362 | $16.1B |
Institutions, Q1 2023
Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q4 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital World Investors | 41,507,793 | $2.79B | 0.58% | +1,411,530+3.5% | Added |
| Pershing Square Capital Management, L.P. | 24,194,166 | $1.62B | 15.90% | 00.0% | Unchanged |
| Royal Bank of Canada | 22,649,422 | $1.52B | 0.46% | +1,300,443+6.1% | Added |
| Capital Research Global Investors | 18,548,129 | $1.25B | 0.36% | +8,278,487+80.6% | Added |
| EdgePoint Investment Group Inc. | 14,007,693 | $939.3M | 9.43% | +908,465+6.9% | Added |
| Vanguard Group Inc | 11,162,900 | $749.5M | 0.02% | +88,150+0.8% | Added |
| Beutel, Goodman & Co Ltd. | 8,090,399 | $542.4M | 3.19% | −486,621−5.7% | Reduced |
| Jarislowsky, Fraser Ltd | 7,746,940 | $519.4M | 3.20% | −185,321−2.3% | Reduced |
| FIL Ltd | 5,797,200 | $389.2M | 0.45% | +1,524,652+35.7% | Added |
| Mackenzie Financial Corp | 5,189,969 | $348.4M | 0.54% | +191,299+3.8% | Added |
| Bank of Montreal | 5,163,225 | $347.2M | 0.22% | −760,969−12.8% | Reduced |
| Manufacturers Life Insurance Company, The | 5,096,119 | $342.0M | 0.19% | +132,772+2.7% | Added |
| CIBC Asset Management Inc | 4,142,482 | $277.8M | 1.13% | −132,412−3.1% | Reduced |
| Canada Pension Plan Investment Board | 4,015,175 | $269.2M | 0.43% | +1,339,630+50.1% | Added |
| FMR LLC | 4,004,118 | $268.8M | 0.02% | +213,138+5.6% | Added |
| Bank of Nova Scotia | 3,682,602 | $247.2M | 0.73% | +358,879+10.8% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 3,070,419 | $206.1M | 1.12% | −551,780−15.2% | Reduced |
| CIBC World Markets Inc. | 2,627,382 | $176.4M | 0.64% | −35,973−1.4% | Reduced |
| TD Asset Management Inc | 2,598,686 | $174.2M | 0.21% | +15,967+0.6% | Added |
| Alliancebernstein L.P. | 2,586,108 | $173.6M | 0.07% | +628,783+32.1% | Added |
| Fiera Capital Corp | 2,534,633 | $170.1M | 0.51% | +112,101+4.6% | Added |
| 1832 Asset Management L.P. | 2,531,342 | $170.0M | 0.35% | −18,666−0.7% | Reduced |
| National Bank of Canada | 2,409,500 | $161.6M | 0.44% | +112,212+4.9% | Added |
| Canoe Financial LP | 2,072,680 | $139.1M | 1.94% | +2,072,680 | New |
| Epoch Investment Partners, Inc. | 1,928,653 | $129.5M | 0.77% | −48,604−2.5% | Reduced |
| Bank of New York Mellon Corp | 1,795,143 | $120.5M | 0.03% | +1,464,874+443.5% | Added |
| Dorsal Capital Management, LLC | 1,750,000 | $117.5M | 4.54% | +1,000,000+133.3% | Added |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 1,694,543 | $113.8M | 0.22% | −26,500−1.5% | Reduced |
| Burgundy Asset Management Ltd. | 1,636,602 | $109.7M | 1.36% | −63,004−3.7% | Reduced |
| JPMorgan Chase & Co | 1,590,613 | $106.8M | 0.01% | −6,190−0.4% | Reduced |
| Norges Bank | 1,586,077 | $106.5M | 0.02% | +176,766+12.5% | Added |
| Earnest Partners LLC | 1,579,171 | $106.0M | 0.61% | −11,471−0.7% | Reduced |
| Primecap Management Co | 1,464,900 | $98.4M | 0.09% | +96,900+7.1% | Added |
| Scotia Capital Inc. | 1,445,253 | $96.8M | 0.71% | −95,342−6.2% | Reduced |
| TD Waterhouse Canada Inc. | 1,044,876 | $94.1M | 0.97% | −29,475−2.7% | Reduced |
| Legal & General Group Plc | 1,331,366 | $89.3M | 0.03% | +21,183+1.6% | Added |
| Toronto Dominion Bank | 1,230,606 | $82.6M | 0.13% | +42,056+3.5% | Added |
| Guardian Capital LP | 1,230,116 | $82.5M | 2.63% | −36,441−2.9% | Reduced |
| Public Sector Pension Investment Board | 1,230,036 | $82.5M | 0.62% | +944,314+330.5% | Added |
| Swiss National Bank | 1,170,330 | $78.5M | 0.05% | −54,700−4.5% | Reduced |
| Invesco Ltd. | 1,136,100 | $76.3M | 0.02% | −613,833−35.1% | Reduced |
| Bank of America Corp | 1,028,631 | $69.1M | 0.01% | +112,638+12.3% | Added |
| Renaissance Technologies LLC | 1,028,487 | $69.0M | 0.09% | −167,500−14.0% | Reduced |
| Cidel Asset Management Inc | 1,026,083 | $68.8M | 3.16% | +1,851+0.2% | Added |
| Geode Capital Management, LLC | 980,134 | $66.6M | 0.01% | +58,098+6.3% | Added |
| Alberta Investment Management Corp | 908,429 | $60.9M | 0.59% | −1,081−0.1% | Reduced |
| Intact Investment Management Inc. | 823,660 | $55.3M | 2.28% | +462,569+128.1% | Added |
| Letko, Brosseau & Associates Inc | 799,315 | $53.6M | 1.00% | −11,425−1.4% | Reduced |
| GW&K Investment Management, LLC | 760,269 | $51.0M | 0.49% | +3,137+0.4% | Added |
| Morgan Stanley | 739,673 | $49.7M | 0.01% | +164,476+28.6% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 737,803 | $49.5M | 0.04% | +7,799+1.1% | Added |
| Dimensional Fund Advisors LP | 636,582 | $42.7M | 0.01% | +11,216+1.8% | Added |
| Credential Qtrade Securities Inc. | 636,095 | $42.7M | 2.83% | +37,772+6.3% | Added |
| Bridgewater Associates, LP | 630,410 | $42.3M | 0.26% | +9,873+1.6% | Added |
| Iridian Asset Management LLC | 583,893 | $39.2M | 3.21% | −21,325−3.5% | Reduced |
| Massachusetts Financial Services Co | 582,127 | $39.1M | 0.01% | −44,090−7.0% | Reduced |
| Braun Stacey Associates Inc | 566,992 | $38.1M | 1.00% | +286,555+102.2% | Added |
| Scheer, Rowlett & Associates Investment Management Ltd. | 560,433 | $37.6M | 3.12% | −3,721−0.7% | Reduced |
| SEI Investments Co | 543,600 | $36.5M | 0.07% | −9,020−1.6% | Reduced |
| Alta Capital Management LLC | 480,492 | $32.3M | 2.37% | −31,985−6.2% | Reduced |
| Credit Suisse AG | 455,656 | $30.6M | 0.03% | −545,786−54.5% | Reduced |
| Addenda Capital Inc. | 327,627 | $30.0M | 1.23% | +21,635+7.1% | Added |
| Amundi | 444,169 | $29.3M | 0.02% | −310,196−41.1% | Reduced |
| Caisse de Depot Et Placement du Quebec | 437,000 | $29.3M | 0.08% | −569,692−56.6% | Reduced |
| Man Group plc | – | $28.6M | 0.10% | – | – |
| Lincluden Management Ltd | 423,406 | $28.4M | 3.31% | −99,179−19.0% | Reduced |
| Triasima Portfolio Management inc. | 413,910 | $27.7M | 2.30% | −51,130−11.0% | Reduced |
| Galibier Capital Management Ltd. | 406,898 | $27.3M | 6.45% | −93,524−18.7% | Reduced |
| MIC Capital Management UK LLP | 386,203 | $25.9M | 4.95% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 357,961 | $24.0M | 0.01% | −1,230,240−77.5% | Reduced |
| Spears Abacus Advisors LLC | 347,729 | $23.3M | 2.09% | +24,121+7.5% | Added |
| Mane Global Capital Management LP | 320,170 | $21.5M | 2.33% | +132,187+70.3% | Added |
| Wells Fargo & Company | 307,338 | $20.6M | 0.01% | +24,669+8.7% | Added |
| Great West Life Assurance Co | 300,778 | $20.2M | 0.05% | +16,115+5.7% | Added |
| Davidson Kempner Capital Management LP | 299,900 | $20.1M | 0.42% | +68,500+29.6% | Added |
| Davidson Kempner Partners | 299,900 | $20.1M | 0.50% | +299,900 | New |
| Polar Asset Management Partners Inc. | 297,400 | $20.0M | 0.35% | +87,500+41.7% | Added |
| Alyeska Investment Group, L.P. | 297,000 | $19.9M | 0.18% | +269,879+995.1% | Added |
| Gluskin Sheff & Assoc Inc | 296,317 | $19.9M | 1.08% | −25,461−7.9% | Reduced |
| UBS Group AG | 293,635 | $19.7M | 0.01% | −36,342−11.0% | Reduced |
| RDST Capital LLC | 281,555 | $18.9M | 10.33% | +33,750+13.6% | Added |
| Interval Partners, LP | 271,751 | $18.2M | 1.02% | +107,154+65.1% | Added |
| Standard Life Aberdeen plc | 270,663 | $18.2M | 0.05% | +10,000+3.8% | Added |
| Envestnet Asset Management Inc | 270,305 | $18.1M | 0.01% | +967+0.4% | Added |
| Deutsche Bank AG | 246,672 | $16.6M | 0.01% | +8,337+3.5% | Added |
| Bank of Nova Scotia Trust Co | 240,357 | $16.1M | 1.77% | +816+0.3% | Added |
| Maplelane Capital, LLC | 225,000 | $15.1M | 1.54% | +157,000+230.9% | Added |
| Federation des caisses Desjardins du Quebec | 197,643 | $15.1M | 0.17% | −58,948−23.0% | Reduced |
| Price T Rowe Associates Inc | 224,270 | $15.1M | 0.00% | −598−0.3% | Reduced |
| Korea Investment CORP | 222,602 | $14.9M | 0.04% | +94,112+73.2% | Added |
| Rockefeller Capital Management L.P. | 221,970 | $14.9M | 0.06% | +16,331+7.9% | Added |
| Manning & Napier Group, LLC | 219,359 | $14.7M | 0.17% | +29,832+15.7% | Added |
| BlackRock Inc. | 214,647 | $14.4M | 0.00% | −15,846−6.9% | Reduced |
| Neuberger Berman Group LLC | 204,003 | $13.7M | 0.01% | +13,645+7.2% | Added |
| Baskin Financial Services Inc. | 201,643 | $13.5M | 1.42% | +37,402+22.8% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 195,000 | $13.1M | 0.07% | +195,000 | New |
| Arvest Trust Co N A | 193,763 | $13.0M | 0.81% | −10,196−5.0% | Reduced |
| Prudential PLC | 177,841 | $11.9M | 0.14% | +5,649+3.3% | Added |
| Bogart Wealth, LLC | 177,007 | $11.9M | 0.79% | +6,290+3.7% | Added |
| State of Wisconsin Investment Board | 177,209 | $11.9M | 0.04% | −156,499−46.9% | Reduced |