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 |
|---|---|---|---|---|---|
| Earnest Partners LLC | 1,579,171 | $106.0M | 0.61% | −11,471−0.7% | Reduced |
| Norges Bank | 1,586,077 | $106.5M | 0.02% | +176,766+12.5% | Added |
| JPMorgan Chase & Co | 1,590,613 | $106.8M | 0.01% | −6,190−0.4% | Reduced |
| Burgundy Asset Management Ltd. | 1,636,602 | $109.7M | 1.36% | −63,004−3.7% | Reduced |
| Harris Associates L PSuperinvestorHarris Associates (Oakmark) | 1,694,543 | $113.8M | 0.22% | −26,500−1.5% | Reduced |
| Dorsal Capital Management, LLC | 1,750,000 | $117.5M | 4.54% | +1,000,000+133.3% | Added |
| Bank of New York Mellon Corp | 1,795,143 | $120.5M | 0.03% | +1,464,874+443.5% | Added |
| Epoch Investment Partners, Inc. | 1,928,653 | $129.5M | 0.77% | −48,604−2.5% | Reduced |
| Canoe Financial LP | 2,072,680 | $139.1M | 1.94% | +2,072,680 | New |
| National Bank of Canada | 2,409,500 | $161.6M | 0.44% | +112,212+4.9% | Added |
| 1832 Asset Management L.P. | 2,531,342 | $170.0M | 0.35% | −18,666−0.7% | Reduced |
| Fiera Capital Corp | 2,534,633 | $170.1M | 0.51% | +112,101+4.6% | Added |
| Alliancebernstein L.P. | 2,586,108 | $173.6M | 0.07% | +628,783+32.1% | Added |
| TD Asset Management Inc | 2,598,686 | $174.2M | 0.21% | +15,967+0.6% | Added |
| CIBC World Markets Inc. | 2,627,382 | $176.4M | 0.64% | −35,973−1.4% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 3,070,419 | $206.1M | 1.12% | −551,780−15.2% | Reduced |
| Bank of Nova Scotia | 3,682,602 | $247.2M | 0.73% | +358,879+10.8% | Added |
| FMR LLC | 4,004,118 | $268.8M | 0.02% | +213,138+5.6% | Added |
| Canada Pension Plan Investment Board | 4,015,175 | $269.2M | 0.43% | +1,339,630+50.1% | Added |
| CIBC Asset Management Inc | 4,142,482 | $277.8M | 1.13% | −132,412−3.1% | Reduced |
| Manufacturers Life Insurance Company, The | 5,096,119 | $342.0M | 0.19% | +132,772+2.7% | Added |
| Bank of Montreal | 5,163,225 | $347.2M | 0.22% | −760,969−12.8% | Reduced |
| Mackenzie Financial Corp | 5,189,969 | $348.4M | 0.54% | +191,299+3.8% | Added |
| FIL Ltd | 5,797,200 | $389.2M | 0.45% | +1,524,652+35.7% | Added |
| Jarislowsky, Fraser Ltd | 7,746,940 | $519.4M | 3.20% | −185,321−2.3% | Reduced |
| Beutel, Goodman & Co Ltd. | 8,090,399 | $542.4M | 3.19% | −486,621−5.7% | Reduced |
| Vanguard Group Inc | 11,162,900 | $749.5M | 0.02% | +88,150+0.8% | Added |
| EdgePoint Investment Group Inc. | 14,007,693 | $939.3M | 9.43% | +908,465+6.9% | Added |
| Capital Research Global Investors | 18,548,129 | $1.25B | 0.36% | +8,278,487+80.6% | Added |
| Royal Bank of Canada | 22,649,422 | $1.52B | 0.46% | +1,300,443+6.1% | Added |
| Pershing Square Capital Management, L.P. | 24,194,166 | $1.62B | 15.90% | 00.0% | Unchanged |
| Capital World Investors | 41,507,793 | $2.79B | 0.58% | +1,411,530+3.5% | Added |
| Cerity Partners LLC | 2,993 | – | – | −1,487−33.2% | Reduced |
| Citadel Advisors LLC | 0 | $0 | 0.00% | −1,431,423−100.0% | Sold out |
| Point72 Asset Management, L.P. | 0 | $0 | 0.00% | −1,007,245−100.0% | Sold out |
| Scopus Asset Management, L.P. | 0 | $0 | 0.00% | −1,000,000−100.0% | Sold out |
| Candlestick Capital Management LP | 0 | $0 | 0.00% | −720,549−100.0% | Sold out |
| Millennium Management LLC | 0 | $0 | 0.00% | −518,191−100.0% | Sold out |
| Adage Capital Partners GP, L.L.C. | 0 | $0 | 0.00% | −508,200−100.0% | Sold out |
| SIG North Trading, ULC | 0 | $0 | 0.00% | −138,879−100.0% | Sold out |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH | 0 | $0 | 0.00% | −37,878−100.0% | Sold out |
| Barometer Capital Management Inc. | 0 | $0 | 0.00% | −37,514−100.0% | Sold out |
| Concentric Capital Strategies, LP | 0 | $0 | 0.00% | −31,508−100.0% | Sold out |
| Moore Capital Management, LP | 0 | $0 | 0.00% | −28,354−100.0% | Sold out |
| Ontario Teachers Pension Plan Board | 0 | $0 | 0.00% | −26,416−100.0% | Sold out |
| Jacobsen Capital Management | 0 | $0 | 0.00% | −22,678−100.0% | Sold out |
| Calamos Advisors LLC | 0 | $0 | 0.00% | −20,300−100.0% | Sold out |
| Caption Management, LLC | 0 | $0 | 0.00% | −17,700−100.0% | Sold out |
| Timelo Investment Management Inc. | 0 | $0 | 0.00% | −15,000−100.0% | Sold out |
| United Services Automobile Association | 0 | $0 | 0.00% | −14,319−100.0% | Sold out |
| Silvant Capital Management LLC | 0 | $0 | 0.00% | −12,962−100.0% | Sold out |
| Chimera Capital Management LLC | 0 | $0 | 0.00% | −10,935−100.0% | Sold out |
| Sanders Morris Harris LLC | 0 | $0 | 0.00% | −10,250−100.0% | Sold out |
| Winton Group Ltd | 0 | $0 | 0.00% | −9,905−100.0% | Sold out |
| Aigen Investment Management, LP | 0 | $0 | 0.00% | −8,570−100.0% | Sold out |
| Parallax Volatility Advisers, L.P. | 0 | $0 | 0.00% | −8,335−100.0% | Sold out |
| Duality Advisers, LP | 0 | $0 | 0.00% | −8,058−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −6,497−100.0% | Sold out |
| Axq Capital, LP | 0 | $0 | 0.00% | −6,311−100.0% | Sold out |
| Pecaut & Co. | 0 | $0 | 0.00% | −5,700−100.0% | Sold out |
| Verity & Verity, LLC | 0 | $0 | 0.00% | −3,400−100.0% | Sold out |
| Assenagon Asset Management S.A. | 0 | $0 | 0.00% | −3,109−100.0% | Sold out |
| Gyon Technologies Capital Management, LP | 0 | $0 | 0.00% | −3,034−100.0% | Sold out |
| McIlrath & Eck, LLC | 0 | $0 | 0.00% | −2,513−100.0% | Sold out |
| Acadian Asset Management LLC | 0 | $0 | 0.00% | −2,500−100.0% | Sold out |
| Comerica Securities,inc. | 0 | $0 | 0.00% | −1,842−100.0% | Sold out |
| Money Concepts Capital Corp | 0 | $0 | 0.00% | −1,070−100.0% | Sold out |
| Accurate Wealth Management, LLC | 0 | $0 | 0.00% | −663−100.0% | Sold out |
| RFP Financial Group LLC | 0 | $0 | 0.00% | −500−100.0% | Sold out |
| Clear Street Markets LLC | 0 | $0 | 0.00% | −500−100.0% | Sold out |
| GoalVest Advisory LLC | 0 | $0 | 0.00% | −464−100.0% | Sold out |
| New England Capital Financial Advisors LLC | 0 | $0 | 0.00% | −300−100.0% | Sold out |
| Duncker Streett & Co Inc | 0 | $0 | 0.00% | −213−100.0% | Sold out |
| Grayhawk Investment Strategies Inc. | 0 | $0 | 0.00% | −194−100.0% | Sold out |
| Goodwin Investment Advisory | 0 | $0 | 0.00% | −72−100.0% | Sold out |
| James Investment Research Inc | 0 | $0 | 0.00% | −50−100.0% | Sold out |
| Motco | 0 | $0 | 0.00% | −20−100.0% | Sold out |
| American National Bank | 0 | $0 | 0.00% | −7−100.0% | Sold out |
| Retirement Financial Solutions, LLC | 0 | $0 | 0.00% | −14−100.0% | Sold out |
| Abeille Asset Management SA | – | – | – | – | Not filed |
| True Signal LP | – | – | – | – | Not filed |
| Pendal Group Limited | – | – | – | – | Not filed |
| Probity Advisors, Inc. | – | – | – | – | Not filed |
| Comerica Bank | – | – | – | – | Not filed |
| CoreCap Advisors, LLC | – | – | – | – | Not filed |
| Tyler-Stone Wealth Management | – | – | – | – | Not filed |