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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, Q2 2023

Institutional positions in Restaurant Brands International Inc. as of Jun 30, 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
432
+2 vs. Q1 2023
Shares held
259.6M
−21.5M (−7.6%) vs. Q1 2023
Total value
$20.2B
+$2.46B (+13.9%) vs. Q1 2023
New holders
54
144 more added
Sold out
52
151 more reduced

3 institutions that held it in Q1 2023 haven't filed for Q2 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2023: 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 holdersQ2 2023: 432 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 heldQ2 2023: $20.2B
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, Q2 2023

Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q1 2023.

Institutions holding QSR in Q2 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Scotia Capital Inc.1,374,537$106.4M0.73%−70,716−4.9%Reduced
Primecap Management Co1,498,900$116.2M0.10%+34,000+2.3%Added
Earnest Partners LLC1,561,995$121.1M0.68%−17,176−1.1%Reduced
JPMorgan Chase & Co1,607,011$124.6M0.01%+16,398+1.0%Added
Bank of New York Mellon Corp1,780,370$138.0M0.03%−14,773−0.8%Reduced
Dorsal Capital Management, LLC1,800,000$139.5M5.59%+50,000+2.9%Added
Epoch Investment Partners, Inc.1,820,280$141.1M0.82%−108,373−5.6%Reduced
Canoe Financial LP1,982,324$153.8M3.22%−90,356−4.4%Reduced
Holocene Advisors, LP2,294,258$177.9M0.78%+2,179,856+1,905.4%Added
National Bank of Canada2,331,079$180.5M0.36%−78,421−3.3%Reduced
1832 Asset Management L.P.2,494,655$193.4M0.38%−36,687−1.4%Reduced
Alliancebernstein L.P.2,585,709$200.4M0.08%−3990.0%Reduced
TD Asset Management Inc2,685,986$208.5M0.24%+87,300+3.4%Added
CIBC World Markets Inc.2,728,341$211.5M0.73%+100,959+3.8%Added
Fiera Capital Corp2,744,849$213.1M0.62%+210,216+8.3%Added
Norges Bank2,794,456$216.6M0.04%+1,208,379+76.2%Added
Connor, Clark & Lunn Investment Management Ltd.2,843,862$220.5M1.10%−226,557−7.4%Reduced
Bank of Nova Scotia3,213,456$249.1M0.65%−469,146−12.7%Reduced
Manufacturers Life Insurance Company, The3,669,706$284.4M0.16%−1,426,413−28.0%Reduced
Mackenzie Financial Corp3,994,294$309.6M0.47%−1,195,675−23.0%Reduced
CIBC Asset Management Inc4,117,038$319.4M1.25%−25,444−0.6%Reduced
FMR LLC4,196,792$325.4M0.03%+192,674+4.8%Added
Bank of Montreal5,160,511$400.7M0.25%−2,714−0.1%Reduced
FIL Ltd7,071,434$548.3M0.62%+1,274,234+22.0%Added
Beutel, Goodman & Co Ltd.7,267,972$564.1M3.16%−822,427−10.2%Reduced
Jarislowsky, Fraser Ltd7,397,619$574.2M3.42%−349,321−4.5%Reduced
Vanguard Group Inc11,577,453$897.5M0.02%+414,553+3.7%Added
EdgePoint Investment Group Inc.13,554,364$1.05B9.44%−453,329−3.2%Reduced
Capital Research Global Investors19,898,620$1.54B0.41%+1,350,491+7.3%Added
Royal Bank of Canada22,319,024$1.73B0.48%−330,398−1.5%Reduced
Pershing Square Capital Management, L.P.23,348,135$1.81B16.73%−846,031−3.5%Reduced
Capital World Investors41,731,550$3.24B0.62%+223,757+0.5%Added
Caisse de Depot Et Placement du Quebec0$00.00%−437,000−100.0%Sold out
Mane Global Capital Management LP0$00.00%−320,170−100.0%Sold out
Interval Partners, LP0$00.00%−271,751−100.0%Sold out
Maplelane Capital, LLC0$00.00%−225,000−100.0%Sold out
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−195,000−100.0%Sold out
Prudential PLC0$00.00%−177,841−100.0%Sold out
Walleye Capital LLC0$00.00%−90,782−100.0%Sold out
Lombard Odier Asset Management (Europe) Ltd0$00.00%−47,761−100.0%Sold out
Ergoteles LLC0$00.00%−90,613−100.0%Sold out
Cubist Systematic Strategies, LLC0$00.00%−37,940−100.0%Sold out
North Fourth Asset Management, LP0$00.00%−37,000−100.0%Sold out
Voloridge Investment Management, LLC0$00.00%−32,498−100.0%Sold out
BI Asset Management Fondsmaeglerselskab A/S0$00.00%−29,841−100.0%Sold out
Ziegler Capital Management, LLC0$00.00%−17,932−100.0%Sold out
Twin Tree Management, LP0$00.00%−17,650−100.0%Sold out
Twinbeech Capital LP0$00.00%−15,324−100.0%Sold out
Cipher Capital LP0$00.00%−14,623−100.0%Sold out
Sciencast Management LP0$00.00%−11,547−100.0%Sold out
Capital Fund Management S.A.0$00.00%−11,653−100.0%Sold out
Squarepoint Ops LLC0$00.00%−10,852−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−10,013−100.0%Sold out
Sandia Investment Management LP0$00.00%−10,000−100.0%Sold out
Seven Eight Capital, LP0$00.00%−9,489−100.0%Sold out
Sowell Financial Services LLC0$00.00%−6,842−100.0%Sold out
Hilltop Holdings Inc.0$00.00%−6,736−100.0%Sold out
Community Capital Management, Inc.0$00.00%−6,700−100.0%Sold out
Banco Santander, S.A.0$00.00%−6,679−100.0%Sold out
Engineers Gate Manager LP0$00.00%−5,913−100.0%Sold out
Beacon Pointe Advisors, LLC0$00.00%−5,802−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−5,597−100.0%Sold out
Gotham Asset Management, LLC0$00.00%−5,427−100.0%Sold out
First Republic Investment Management, Inc.0$00.00%−4,444−100.0%Sold out
BCK Capital Management LP0$00.00%−4,141−100.0%Sold out
Wealth Advisory Solutions, LLC0$00.00%−3,700−100.0%Sold out
World Equity Group, Inc.0$00.00%−22,607−100.0%Sold out
Edge Capital Group, LLC0$00.00%−2,990−100.0%Sold out
Kapitalo Investimentos Ltda0$00.00%−2,148−100.0%Sold out
Advisory Services Network, LLC0$00.00%−2,070−100.0%Sold out
Cutler Group LP0$00.00%−1,772−100.0%Sold out
Ameritas Advisory Services, LLC0$00.00%−1,050−100.0%Sold out
International Assets Investment Management, LLC0$00.00%−960−100.0%Sold out
CNB Bank0$00.00%−501−100.0%Sold out
Belpointe Asset Management LLC0$00.00%−252−100.0%Sold out
Annapolis Financial Services, LLC0$00.00%−242−100.0%Sold out
Register Financial Advisors LLC0$00.00%−230−100.0%Sold out
TCI Wealth Advisors, Inc.0$00.00%−196−100.0%Sold out
Toth Financial Advisory Corp0$00.00%−67−100.0%Sold out
Syverson Strege & Co0$00.00%−47−100.0%Sold out
Ellevest, Inc.0$00.00%−43−100.0%Sold out
Optiver Holding B.V.0$00.00%−38−100.0%Sold out
Investors Research Corp0$00.00%−37−100.0%Sold out
Schubert & Co0$00.00%−31−100.0%Sold out
Davidson Kempner Partners––––Not filed
Ahrens Investment Partners LLC––––Not filed
Householder Group Estate & Retirement Specialist, LLC––––Not filed