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 2023
Institutional positions in Restaurant Brands International Inc. as of Sep 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
- 440
- +14 vs. Q2 2023
- Shares held
- 261.4M
- +1.95M (+0.8%) vs. Q2 2023
- Total value
- $17.5B
- −$2.71B (−13.5%) vs. Q2 2023
- New holders
- 56
- 158 more added
- Sold out
- 42
- 142 more reduced
6 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| 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, Q3 2023
Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q2 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital World Investors | 42,016,926 | $2.80B | 0.55% | +285,376+0.7% | Added |
| Pershing Square Capital Management, L.P. | 23,348,135 | $1.56B | 14.82% | 00.0% | Unchanged |
| Royal Bank of Canada | 21,096,533 | $1.41B | 0.41% | −1,222,491−5.5% | Reduced |
| Capital Research Global Investors | 20,040,885 | $1.34B | 0.37% | +142,265+0.7% | Added |
| EdgePoint Investment Group Inc. | 13,546,795 | $902.1M | 8.62% | −7,569−0.1% | Reduced |
| Vanguard Group Inc | 11,781,047 | $784.9M | 0.02% | +203,594+1.8% | Added |
| FIL Ltd | 8,900,255 | $592.7M | 0.70% | +1,828,821+25.9% | Added |
| Jarislowsky, Fraser Ltd | 7,282,882 | $487.2M | 3.17% | −114,737−1.6% | Reduced |
| Beutel, Goodman & Co Ltd. | 6,523,470 | $436.4M | 2.58% | −744,502−10.2% | Reduced |
| Bank of Montreal | 5,304,893 | $363.1M | 0.21% | +144,382+2.8% | Added |
| CIBC Asset Management Inc | 4,345,692 | $290.3M | 1.21% | +228,654+5.6% | Added |
| 1832 Asset Management L.P. | 3,950,798 | $263.2M | 0.55% | +1,456,143+58.4% | Added |
| FMR LLC | 3,918,281 | $260.9M | 0.02% | −278,511−6.6% | Reduced |
| Mackenzie Financial Corp | 3,879,417 | $247.0M | 0.42% | −114,877−2.9% | Reduced |
| Bank of Nova Scotia | 3,235,000 | $215.4M | 0.57% | +21,544+0.7% | Added |
| Norges Bank | 3,008,988 | $200.4M | 0.04% | +214,532+7.7% | Added |
| Fiera Capital Corp | 2,952,458 | $197.2M | 0.63% | +207,609+7.6% | Added |
| Alliancebernstein L.P. | 2,834,046 | $188.8M | 0.08% | +248,337+9.6% | Added |
| TD Asset Management Inc | 2,799,932 | $187.3M | 0.23% | +113,946+4.2% | Added |
| Holocene Advisors, LP | 2,681,843 | $178.7M | 0.80% | +387,585+16.9% | Added |
| CIBC World Markets Inc. | 2,662,257 | $177.4M | 0.64% | −66,084−2.4% | Reduced |
| Manufacturers Life Insurance Company, The | 2,626,528 | $176.2M | 0.10% | −1,043,178−28.4% | Reduced |
| Dorsal Capital Management, LLC | 2,600,000 | $173.2M | 6.16% | +800,000+44.4% | Added |
| Goldman Sachs Group Inc | 2,212,960 | $147.4M | 0.04% | +842,684+61.5% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 2,213,497 | $147.4M | 0.77% | −630,365−22.2% | Reduced |
| Canoe Financial LP | 1,966,468 | $131.0M | 3.66% | −15,856−0.8% | Reduced |
| Bank of New York Mellon Corp | 1,918,585 | $127.8M | 0.03% | +138,215+7.8% | Added |
| Epoch Investment Partners, Inc. | 1,614,624 | $107.6M | 0.69% | −205,656−11.3% | Reduced |
| JPMorgan Chase & Co | 1,596,795 | $106.4M | 0.01% | −10,216−0.6% | Reduced |
| Earnest Partners LLC | 1,518,774 | $101.2M | 0.58% | −43,221−2.8% | Reduced |
| Primecap Management Co | 1,498,900 | $99.9M | 0.08% | 00.0% | Unchanged |
| National Bank of Canada | 1,535,819 | $99.8M | 0.18% | −795,260−34.1% | Reduced |
| Legal & General Group Plc | 1,468,493 | $98.2M | 0.03% | +103,692+7.6% | Added |
| British Columbia Investment Management Corp | 1,374,470 | $91.5M | 0.87% | +1,221,273+797.2% | Added |
| Scotia Capital Inc. | 1,300,618 | $86.4M | 0.62% | −73,919−5.4% | Reduced |
| Burgundy Asset Management Ltd. | 1,274,145 | $85.2M | 1.05% | +290.0% | Added |
| Toronto Dominion Bank | 1,274,747 | $84.9M | 0.14% | +42,355+3.4% | Added |
| Canada Pension Plan Investment Board | 1,255,475 | $84.0M | 0.12% | −9,700−0.8% | Reduced |
| TD Waterhouse Canada Inc. | 916,629 | $81.3M | 0.85% | −60,197−6.2% | Reduced |
| Alyeska Investment Group, L.P. | 1,106,754 | $73.7M | 0.51% | +931,482+531.4% | Added |
| Geode Capital Management, LLC | 1,064,974 | $71.2M | 0.01% | +12,729+1.2% | Added |
| Guardian Capital LP | 1,058,204 | $70.8M | 2.64% | +96,467+10.0% | Added |
| Swiss National Bank | 990,530 | $66.5M | 0.05% | −121,700−10.9% | Reduced |
| Morgan Stanley | 976,995 | $65.1M | 0.01% | +179,063+22.4% | Added |
| Bank of America Corp | 974,048 | $64.9M | 0.01% | −40,266−4.0% | Reduced |
| Cidel Asset Management Inc | 944,737 | $63.2M | 3.16% | −48,820−4.9% | Reduced |
| Point72 Asset Management, L.P. | 938,915 | $62.6M | 0.21% | +244,378+35.2% | Added |
| Intact Investment Management Inc. | 911,114 | $60.7M | 2.63% | +177,584+24.2% | Added |
| Alberta Investment Management Corp | 904,500 | $60.5M | 0.65% | +49,962+5.8% | Added |
| Ameriprise Financial Inc | 863,765 | $57.7M | 0.02% | +13,857+1.6% | Added |
| Invesco Ltd. | 845,996 | $56.4M | 0.02% | −191,281−18.4% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 708,859 | $47.3M | 0.04% | +90,887+14.7% | Added |
| Bridgewater Associates, LP | 678,736 | $45.4M | 0.27% | +40,717+6.4% | Added |
| Dimensional Fund Advisors LP | 648,315 | $43.2M | 0.01% | −9,234−1.4% | Reduced |
| Letko, Brosseau & Associates Inc | 608,299 | $40.7M | 0.80% | −33,080−5.2% | Reduced |
| Nuveen Asset Management, LLC | 608,394 | $40.5M | 0.01% | +251,316+70.4% | Added |
| Credential Qtrade Securities Inc. | 602,172 | $40.1M | 2.66% | −46,121−7.1% | Reduced |
| GW&K Investment Management, LLC | 590,448 | $39.3M | 0.40% | −15,300−2.5% | Reduced |
| Mane Global Capital Management LP | 578,862 | $38.6M | 3.44% | +578,862 | New |
| Massachusetts Financial Services Co | 573,360 | $38.2M | 0.01% | +1,120+0.2% | Added |
| Scheer, Rowlett & Associates Investment Management Ltd. | 568,088 | $37.8M | 3.19% | −9,645−1.7% | Reduced |
| Addenda Capital Inc. | 347,331 | $31.7M | 1.38% | +26,564+8.3% | Added |
| Alta Capital Management LLC | 464,454 | $30.9M | 2.23% | −3,988−0.9% | Reduced |
| Credit Suisse AG | 424,339 | $28.3M | 0.03% | −33,076−7.2% | Reduced |
| Envestnet Asset Management Inc | 403,990 | $26.9M | 0.01% | +129,713+47.3% | Added |
| Galibier Capital Management Ltd. | 400,258 | $26.8M | 5.95% | −9,441−2.3% | Reduced |
| MIC Capital Management UK LLP | 386,203 | $25.7M | 5.86% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 348,856 | $24.9M | 0.26% | +67,004+23.8% | Added |
| RDST Capital LLC | 369,276 | $24.6M | 9.29% | +45,661+14.1% | Added |
| Standard Life Aberdeen plc | 364,339 | $24.3M | 0.06% | +129,339+55.0% | Added |
| Spears Abacus Advisors LLC | 355,225 | $23.7M | 2.03% | +8,030+2.3% | Added |
| Braun Stacey Associates Inc | 348,392 | $23.2M | 1.13% | +11,667+3.5% | Added |
| Lincluden Management Ltd | 345,289 | $23.0M | 2.78% | −2,176−0.6% | Reduced |
| SEI Investments Co | 342,208 | $22.8M | 0.04% | −136,653−28.5% | Reduced |
| Great West Life Assurance Co | 330,566 | $22.1M | 0.05% | +17,047+5.4% | Added |
| Amundi | 329,301 | $20.6M | 0.01% | −131,214−28.5% | Reduced |
| Continental Grain Co | 296,678 | $19.8M | 12.77% | +221,000+292.0% | Added |
| UBS Group AG | 286,138 | $19.1M | 0.01% | −1,788−0.6% | Reduced |
| Wells Fargo & Company | 280,595 | $18.7M | 0.01% | +6,826+2.5% | Added |
| Deutsche Bank AG | 270,595 | $18.0M | 0.01% | −53,862−16.6% | Reduced |
| Triasima Portfolio Management inc. | 255,055 | $17.1M | 1.57% | −143,555−36.0% | Reduced |
| Bank of Nova Scotia Trust Co | 248,036 | $16.5M | 1.96% | +4,577+1.9% | Added |
| Baskin Financial Services Inc. | 237,698 | $15.8M | 1.61% | +25,932+12.2% | Added |
| BlackRock Inc. | 213,776 | $14.2M | 0.00% | −78,775−26.9% | Reduced |
| Rockefeller Capital Management L.P. | 203,960 | $13.6M | 0.05% | −15,162−6.9% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 200,000 | $13.3M | 0.06% | +200,000 | New |
| Neuberger Berman Group LLC | 187,887 | $12.6M | 0.01% | −12,438−6.2% | Reduced |
| Qube Research & Technologies Ltd | 188,513 | $12.6M | 0.04% | +188,513 | New |
| Arvest Trust Co N A | 185,969 | $12.4M | 0.81% | −1,596−0.9% | Reduced |
| Iridian Asset Management LLC | 184,980 | $12.3M | 2.50% | −70,123−27.5% | Reduced |
| Waratah Capital Advisors Ltd. | 182,664 | $12.2M | 0.56% | +78,400+75.2% | Added |
| State of Tennessee, Treasury Department | 180,464 | $12.1M | 0.05% | 00.0% | Unchanged |
| Price T Rowe Associates Inc | 178,824 | $11.9M | 0.00% | −17,450−8.9% | Reduced |
| Citigroup Inc | 177,618 | $11.9M | 0.02% | +10,044+6.0% | Added |
| Gluskin Sheff & Assoc Inc | 177,476 | $11.8M | 0.91% | −62,678−26.1% | Reduced |
| Northern Trust Corp | 175,943 | $11.7M | 0.00% | +21,652+14.0% | Added |
| Capital International Ltd | 174,733 | $11.6M | 0.67% | −1,039−0.6% | Reduced |
| Raymond James Financial Services Advisors, Inc. | 165,251 | $11.0M | 0.02% | −1,507−0.9% | Reduced |
| BancorpSouth Bank | 153,460 | $10.2M | 0.90% | −1,220−0.8% | Reduced |
| Renaissance Technologies LLC | 151,500 | $10.1M | 0.02% | −89,700−37.2% | Reduced |