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, Q4 2023
Institutional positions in Restaurant Brands International Inc. as of Dec 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
- 464
- +27 vs. Q3 2023
- Shares held
- 260.7M
- −676.5K (−0.3%) vs. Q3 2023
- Total value
- $20.4B
- +$2.97B (+17.0%) vs. Q3 2023
- New holders
- 68
- 154 more added
- Sold out
- 41
- 157 more reduced
3 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2023
Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital World Investors | 42,244,556 | $3.30B | 0.59% | +227,630+0.5% | Added |
| Capital Research Global Investors | 24,012,659 | $1.88B | 0.46% | +3,971,774+19.8% | Added |
| Pershing Square Capital Management, L.P. | 23,348,135 | $1.82B | 17.55% | 00.0% | Unchanged |
| Royal Bank of Canada | 20,429,016 | $1.60B | 0.40% | −667,517−3.2% | Reduced |
| EdgePoint Investment Group Inc. | 12,006,103 | $943.0M | 8.17% | −1,540,692−11.4% | Reduced |
| Vanguard Group Inc | 12,005,158 | $938.0M | 0.02% | +224,111+1.9% | Added |
| FIL Ltd | 7,705,369 | $602.0M | 0.63% | −1,194,886−13.4% | Reduced |
| Jarislowsky, Fraser Ltd | 7,041,995 | $552.9M | 3.25% | −240,887−3.3% | Reduced |
| Bank of Montreal | 6,602,292 | $518.6M | 0.28% | +1,297,399+24.5% | Added |
| Beutel, Goodman & Co Ltd. | 6,106,042 | $479.4M | 2.54% | −417,428−6.4% | Reduced |
| 1832 Asset Management L.P. | 4,668,144 | $364.7M | 0.69% | +717,346+18.2% | Added |
| FMR LLC | 4,298,650 | $335.9M | 0.03% | +380,369+9.7% | Added |
| Mackenzie Financial Corp | 4,236,811 | $331.2M | 0.50% | +357,394+9.2% | Added |
| CIBC Asset Management Inc | 3,445,125 | $270.0M | 1.01% | −900,567−20.7% | Reduced |
| TD Asset Management Inc | 3,438,433 | $269.9M | 0.27% | +638,501+22.8% | Added |
| Fiera Capital Corp | 3,092,820 | $243.7M | 0.75% | +140,362+4.8% | Added |
| Norges Bank | 3,117,082 | $243.6M | 0.04% | +108,094+3.6% | Added |
| Manufacturers Life Insurance Company, The | 2,927,682 | $229.1M | 0.14% | +301,154+11.5% | Added |
| Bank of Nova Scotia | 2,811,985 | $219.7M | 0.41% | −423,015−13.1% | Reduced |
| Alliancebernstein L.P. | 2,665,661 | $208.3M | 0.08% | −168,385−5.9% | Reduced |
| CIBC World Markets Inc. | 2,567,535 | $200.6M | 0.57% | −94,722−3.6% | Reduced |
| Dorsal Capital Management, LLC | 2,500,000 | $195.3M | 6.32% | −100,000−3.8% | Reduced |
| National Bank of Canada | 2,253,620 | $173.2M | 0.31% | +717,801+46.7% | Added |
| Canoe Financial LP | 1,910,610 | $149.3M | 2.93% | −55,858−2.8% | Reduced |
| Bank of New York Mellon Corp | 1,848,469 | $144.4M | 0.03% | −70,116−3.7% | Reduced |
| Holocene Advisors, LP | 1,676,183 | $131.0M | 0.51% | −1,005,660−37.5% | Reduced |
| Citadel Advisors LLC | 1,578,403 | $123.3M | 0.12% | +1,554,223+6,427.7% | Added |
| Canada Pension Plan Investment Board | 1,535,575 | $120.6M | 0.15% | +280,100+22.3% | Added |
| JPMorgan Chase & Co | 1,524,099 | $119.1M | 0.01% | −72,696−4.6% | Reduced |
| Earnest Partners LLC | 1,514,744 | $118.3M | 0.59% | −4,030−0.3% | Reduced |
| Primecap Management Co | 1,498,900 | $117.1M | 0.09% | 00.0% | Unchanged |
| Legal & General Group Plc | 1,453,305 | $114.1M | 0.04% | −15,188−1.0% | Reduced |
| Epoch Investment Partners, Inc. | 1,402,409 | $109.6M | 0.50% | −212,215−13.1% | Reduced |
| Toronto Dominion Bank | 1,292,297 | $101.0M | 0.15% | +17,550+1.4% | Added |
| TD Waterhouse Canada Inc. | 971,543 | $98.2M | 0.92% | +54,914+6.0% | Added |
| Scotia Capital Inc. | 1,259,141 | $98.2M | 0.63% | −41,477−3.2% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 1,221,133 | $95.4M | 0.44% | −992,364−44.8% | Reduced |
| Burgundy Asset Management Ltd. | 1,215,223 | $95.1M | 1.06% | −58,922−4.6% | Reduced |
| Geode Capital Management, LLC | 1,085,487 | $85.2M | 0.01% | +20,513+1.9% | Added |
| Guardian Capital LP | 1,026,973 | $80.6M | 2.89% | −31,231−3.0% | Reduced |
| Point72 Asset Management, L.P. | 1,013,589 | $79.2M | 0.24% | +74,674+8.0% | Added |
| Nuveen Asset Management, LLC | 950,414 | $74.3M | 0.02% | +342,020+56.2% | Added |
| Bank of America Corp | 947,118 | $74.0M | 0.01% | −26,930−2.8% | Reduced |
| Swiss National Bank | 934,730 | $73.2M | 0.05% | −55,800−5.6% | Reduced |
| Cidel Asset Management Inc | 916,912 | $72.0M | 3.08% | −27,825−2.9% | Reduced |
| Alberta Investment Management Corp | 855,800 | $67.2M | 0.63% | −48,700−5.4% | Reduced |
| Credential Qtrade Securities Inc. | 779,564 | $60.9M | 3.63% | +177,392+29.5% | Added |
| Morgan Stanley | 742,265 | $58.0M | 0.01% | −234,730−24.0% | Reduced |
| Goldman Sachs Group Inc | 732,865 | $57.3M | 0.01% | −1,480,095−66.9% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 706,317 | $55.6M | 0.04% | −2,542−0.4% | Reduced |
| Dimensional Fund Advisors LP | 653,507 | $51.1M | 0.01% | +5,192+0.8% | Added |
| Bridgewater Associates, LP | 614,264 | $48.2M | 0.27% | −64,472−9.5% | Reduced |
| Massachusetts Financial Services Co | 610,145 | $47.7M | 0.02% | +36,785+6.4% | Added |
| GW&K Investment Management, LLC | 576,543 | $45.0M | 0.42% | −13,905−2.4% | Reduced |
| Intact Investment Management Inc. | 570,084 | $44.5M | 1.80% | −341,030−37.4% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 557,252 | $43.5M | 3.29% | −10,836−1.9% | Reduced |
| Letko, Brosseau & Associates Inc | 547,649 | $43.0M | 0.78% | −60,650−10.0% | Reduced |
| Arrowstreet Capital, Limited Partnership | 538,403 | $42.1M | 0.04% | +538,403 | New |
| Addenda Capital Inc. | 396,378 | $41.3M | 1.61% | +49,047+14.1% | Added |
| Envestnet Asset Management Inc | 494,551 | $38.6M | 0.02% | +90,561+22.4% | Added |
| Invesco Ltd. | 476,758 | $37.2M | 0.01% | −369,238−43.6% | Reduced |
| Ameriprise Financial Inc | 471,935 | $37.0M | 0.01% | −391,830−45.4% | Reduced |
| Alta Capital Management LLC | 459,707 | $35.9M | 2.32% | −4,747−1.0% | Reduced |
| Amundi | 445,689 | $34.7M | 0.02% | +116,388+35.3% | Added |
| British Columbia Investment Management Corp | 405,379 | $31.7M | 0.26% | −969,091−70.5% | Reduced |
| MIC Capital Management UK LLP | 386,203 | $30.2M | 5.85% | 00.0% | Unchanged |
| Balyasny Asset Management LLC | 385,296 | $30.1M | 0.08% | +381,416+9,830.3% | Added |
| Galibier Capital Management Ltd. | 375,752 | $29.5M | 7.65% | −24,506−6.1% | Reduced |
| RDST Capital LLC | 363,856 | $28.4M | 9.06% | −5,420−1.5% | Reduced |
| State of Wisconsin Investment Board | 361,854 | $28.3M | 0.08% | +295,154+442.5% | Added |
| Spears Abacus Advisors LLC | 361,195 | $28.2M | 2.25% | +5,970+1.7% | Added |
| Credit Suisse AG | 355,131 | $27.7M | 0.03% | −69,208−16.3% | Reduced |
| SEI Investments Co | 353,625 | $27.6M | 0.04% | +11,417+3.3% | Added |
| Great West Life Assurance Co | 351,765 | $27.4M | 0.06% | +21,199+6.4% | Added |
| Davidson Kempner Capital Management LP | 347,672 | $27.2M | 0.48% | +272,743+364.0% | Added |
| Federation des caisses Desjardins du Quebec | 332,528 | $27.1M | 0.25% | −16,328−4.7% | Reduced |
| Waratah Capital Advisors Ltd. | 334,263 | $26.1M | 1.49% | +151,599+83.0% | Added |
| Deutsche Bank AG | 315,123 | $24.6M | 0.01% | +44,528+16.5% | Added |
| Braun Stacey Associates Inc | 310,866 | $24.3M | 1.09% | −37,526−10.8% | Reduced |
| Wells Fargo & Company | 306,921 | $24.0M | 0.01% | +26,326+9.4% | Added |
| Continental Grain Co | 296,678 | $23.2M | 16.13% | 00.0% | Unchanged |
| UBS Group AG | 282,115 | $22.0M | 0.01% | −4,023−1.4% | Reduced |
| Lincluden Management Ltd | 278,935 | $21.8M | 2.64% | −66,354−19.2% | Reduced |
| Standard Life Aberdeen plc | 267,909 | $20.9M | 0.05% | −96,430−26.5% | Reduced |
| Bank of Nova Scotia Trust Co | 256,038 | $20.0M | 2.25% | +8,002+3.2% | Added |
| Baskin Financial Services Inc. | 254,376 | $19.9M | 1.79% | +16,678+7.0% | Added |
| Triasima Portfolio Management inc. | 240,310 | $18.8M | 1.55% | −14,745−5.8% | Reduced |
| BlackRock Inc. | 235,403 | $18.4M | 0.00% | +21,627+10.1% | Added |
| Jane Street Group, LLC | 227,237 | $17.8M | 0.02% | +93,611+70.1% | Added |
| Rockefeller Capital Management L.P. | 207,578 | $16.2M | 0.05% | +3,618+1.8% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 200,000 | $15.6M | 0.06% | 00.0% | Unchanged |
| Arvest Trust Co N A | 182,318 | $14.2M | 0.86% | −3,651−2.0% | Reduced |
| Northern Trust Corp | 181,587 | $14.2M | 0.00% | +5,644+3.2% | Added |
| State of Tennessee, Treasury Department | 180,464 | $14.2M | 0.06% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 179,931 | $14.1M | 0.05% | +59,627+49.6% | Added |
| Neuberger Berman Group LLC | 179,219 | $14.1M | 0.01% | −8,668−4.6% | Reduced |
| Capital International Ltd | 170,313 | $13.3M | 0.68% | −4,420−2.5% | Reduced |
| Janney Montgomery Scott LLC | 168,630 | $13.2M | 0.04% | +18,410+12.3% | Added |
| Weiss Multi-Strategy Advisers LLC | 168,163 | $13.1M | 0.33% | +168,163 | New |
| Dana Investment Advisors, Inc. | 165,603 | $12.9M | 0.62% | +132,801+404.9% | Added |