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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 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.

Institutional holdersQ3 2023: 440 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 2023: $17.5B
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 2023

Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q2 2023.

Institutions holding QSR in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Advisor Group Holdings, Inc.62,193$4.15M0.01%+14,726+31.0%Added
Forsta Ap-Fonden62,900$4.21M0.05%+3,500+5.9%Added
First Manhattan Co64,595$4.30M0.02%−1,325−2.0%Reduced
Raymond James & Associates66,650$4.44M0.00%−7,379−10.0%Reduced
State of Wisconsin Investment Board66,700$4.44M0.01%+43,700+190.0%Added
Boston Partners68,934$4.59M0.01%+5,365+8.4%Added
Armistice Capital, LLC70,367$4.69M0.14%+70,367New
Davidson Kempner Capital Management LP74,929$4.99M0.08%−99,198−57.0%Reduced
AXA S.A.75,268$5.01M0.02%+34,621+85.2%Added
Oliver Luxxe Assets LLC76,273$5.08M1.30%+979+1.3%Added
LPL Financial LLC82,425$5.49M0.00%+5,325+6.9%Added
Agf Management Ltd83,733$5.58M0.04%−26,750−24.2%Reduced
Wellington Management Group LLP83,988$5.62M0.00%+83,988New
D. E. Shaw & Co., Inc.84,956$5.66M0.01%+38,249+81.9%Added
Alerus Financial NA86,150$5.74M0.51%−11,266−11.6%Reduced
Oppenheimer & Co Inc87,499$5.83M0.12%+13,367+18.0%Added
Public Sector Pension Investment Board93,485$6.25M0.05%+47,585+103.7%Added
HSBC Holdings PLC95,142$6.35M0.01%+20,433+27.4%Added
K.J. Harrison & Partners Inc95,272$6.37M1.44%+41,000+75.5%Added
Gunderson Capital Management Inc.96,382$6.42M4.37%−1,389−1.4%Reduced
Woodline Partners LP97,041$6.46M0.08%−69,428−41.7%Reduced
Ilmarinen Mutual Pension Insurance Co100,000$6.74M0.09%00.0%Unchanged
Squarepoint Ops LLC101,368$6.75M0.03%+101,368New
Korea Investment CORP101,243$6.77M0.02%−5,158−4.8%Reduced
Greystone Financial Group, LLC104,482$6.96M1.74%−20,542−16.4%Reduced
Northwest & Ethical Investments L.P.105,541$7.03M0.24%−57−0.1%Reduced
Capital International Inc106,954$7.13M0.14%+12,792+13.6%Added
Allianz Asset Management GmbH80,069$7.16M0.01%+49,183+159.2%Added
Pictet Asset Management Holding SA108,049$7.23M0.01%+108,049New
Franklin Resources Inc109,967$7.32M0.00%−7,344−6.3%Reduced
Russell Investments Group, Ltd.110,143$7.37M0.01%−558−0.5%Reduced
Polar Asset Management Partners Inc.115,800$7.73M0.19%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)120,304$8.05M0.04%+27,637+29.8%Added
Hillsdale Investment Management Inc.123,180$8.20M0.75%−35,280−22.3%Reduced
Gateway Investment Advisers LLC127,910$8.52M0.11%+2,927+2.3%Added
Jane Street Group, LLC133,626$8.91M0.01%+71,210+114.1%Added
Hudson Bay Capital Management LP133,783$8.91M0.09%−208,797−60.9%Reduced
Capital International Sarl141,743$9.44M0.43%+9,927+7.5%Added
Bogart Wealth, LLC144,168$9.60M0.59%+560.0%Added
Janney Montgomery Scott LLC150,220$10.0M0.04%+3,051+2.1%Added
Renaissance Technologies LLC151,500$10.1M0.02%−89,700−37.2%Reduced
BancorpSouth Bank153,460$10.2M0.90%−1,220−0.8%Reduced
Raymond James Financial Services Advisors, Inc.165,251$11.0M0.02%−1,507−0.9%Reduced
Capital International Ltd174,733$11.6M0.67%−1,039−0.6%Reduced
Northern Trust Corp175,943$11.7M0.00%+21,652+14.0%Added
Gluskin Sheff & Assoc Inc177,476$11.8M0.91%−62,678−26.1%Reduced
Citigroup Inc177,618$11.9M0.02%+10,044+6.0%Added
Price T Rowe Associates Inc178,824$11.9M0.00%−17,450−8.9%Reduced
State of Tennessee, Treasury Department180,464$12.1M0.05%00.0%Unchanged
Waratah Capital Advisors Ltd.182,664$12.2M0.56%+78,400+75.2%Added
Iridian Asset Management LLC184,980$12.3M2.50%−70,123−27.5%Reduced
Arvest Trust Co N A185,969$12.4M0.81%−1,596−0.9%Reduced
Qube Research & Technologies Ltd188,513$12.6M0.04%+188,513New
Neuberger Berman Group LLC187,887$12.6M0.01%−12,438−6.2%Reduced
Healthcare of Ontario Pension Plan Trust Fund200,000$13.3M0.06%+200,000New
Rockefeller Capital Management L.P.203,960$13.6M0.05%−15,162−6.9%Reduced
BlackRock Inc.213,776$14.2M0.00%−78,775−26.9%Reduced
Baskin Financial Services Inc.237,698$15.8M1.61%+25,932+12.2%Added
Bank of Nova Scotia Trust Co248,036$16.5M1.96%+4,577+1.9%Added
Triasima Portfolio Management inc.255,055$17.1M1.57%−143,555−36.0%Reduced
Deutsche Bank AG270,595$18.0M0.01%−53,862−16.6%Reduced
Wells Fargo & Company280,595$18.7M0.01%+6,826+2.5%Added
UBS Group AG286,138$19.1M0.01%−1,788−0.6%Reduced
Continental Grain Co296,678$19.8M12.77%+221,000+292.0%Added
Amundi329,301$20.6M0.01%−131,214−28.5%Reduced
Great West Life Assurance Co330,566$22.1M0.05%+17,047+5.4%Added
SEI Investments Co342,208$22.8M0.04%−136,653−28.5%Reduced
Lincluden Management Ltd345,289$23.0M2.78%−2,176−0.6%Reduced
Braun Stacey Associates Inc348,392$23.2M1.13%+11,667+3.5%Added
Spears Abacus Advisors LLC355,225$23.7M2.03%+8,030+2.3%Added
Standard Life Aberdeen plc364,339$24.3M0.06%+129,339+55.0%Added
RDST Capital LLC369,276$24.6M9.29%+45,661+14.1%Added
Federation des caisses Desjardins du Quebec348,856$24.9M0.26%+67,004+23.8%Added
MIC Capital Management UK LLP386,203$25.7M5.86%00.0%Unchanged
Galibier Capital Management Ltd.400,258$26.8M5.95%−9,441−2.3%Reduced
Envestnet Asset Management Inc403,990$26.9M0.01%+129,713+47.3%Added
Credit Suisse AG424,339$28.3M0.03%−33,076−7.2%Reduced
Alta Capital Management LLC464,454$30.9M2.23%−3,988−0.9%Reduced
Addenda Capital Inc.347,331$31.7M1.38%+26,564+8.3%Added
Scheer, Rowlett & Associates Investment Management Ltd.568,088$37.8M3.19%−9,645−1.7%Reduced
Massachusetts Financial Services Co573,360$38.2M0.01%+1,120+0.2%Added
Mane Global Capital Management LP578,862$38.6M3.44%+578,862New
GW&K Investment Management, LLC590,448$39.3M0.40%−15,300−2.5%Reduced
Credential Qtrade Securities Inc.602,172$40.1M2.66%−46,121−7.1%Reduced
Nuveen Asset Management, LLC608,394$40.5M0.01%+251,316+70.4%Added
Letko, Brosseau & Associates Inc608,299$40.7M0.80%−33,080−5.2%Reduced
Dimensional Fund Advisors LP648,315$43.2M0.01%−9,234−1.4%Reduced
Bridgewater Associates, LP678,736$45.4M0.27%+40,717+6.4%Added
Sumitomo Mitsui Trust Holdings, Inc.708,859$47.3M0.04%+90,887+14.7%Added
Invesco Ltd.845,996$56.4M0.02%−191,281−18.4%Reduced
Ameriprise Financial Inc863,765$57.7M0.02%+13,857+1.6%Added
Alberta Investment Management Corp904,500$60.5M0.65%+49,962+5.8%Added
Intact Investment Management Inc.911,114$60.7M2.63%+177,584+24.2%Added
Point72 Asset Management, L.P.938,915$62.6M0.21%+244,378+35.2%Added
Cidel Asset Management Inc944,737$63.2M3.16%−48,820−4.9%Reduced
Bank of America Corp974,048$64.9M0.01%−40,266−4.0%Reduced
Morgan Stanley976,995$65.1M0.01%+179,063+22.4%Added
Swiss National Bank990,530$66.5M0.05%−121,700−10.9%Reduced
Guardian Capital LP1,058,204$70.8M2.64%+96,467+10.0%Added
Geode Capital Management, LLC1,064,974$71.2M0.01%+12,729+1.2%Added