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 |
|---|---|---|---|---|---|
| Amundi | 445,689 | $34.7M | 0.02% | +116,388+35.3% | Added |
| Alta Capital Management LLC | 459,707 | $35.9M | 2.32% | −4,747−1.0% | Reduced |
| Ameriprise Financial Inc | 471,935 | $37.0M | 0.01% | −391,830−45.4% | Reduced |
| Invesco Ltd. | 476,758 | $37.2M | 0.01% | −369,238−43.6% | Reduced |
| Envestnet Asset Management Inc | 494,551 | $38.6M | 0.02% | +90,561+22.4% | Added |
| Addenda Capital Inc. | 396,378 | $41.3M | 1.61% | +49,047+14.1% | Added |
| Arrowstreet Capital, Limited Partnership | 538,403 | $42.1M | 0.04% | +538,403 | New |
| Letko, Brosseau & Associates Inc | 547,649 | $43.0M | 0.78% | −60,650−10.0% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 557,252 | $43.5M | 3.29% | −10,836−1.9% | Reduced |
| Intact Investment Management Inc. | 570,084 | $44.5M | 1.80% | −341,030−37.4% | Reduced |
| GW&K Investment Management, LLC | 576,543 | $45.0M | 0.42% | −13,905−2.4% | Reduced |
| Massachusetts Financial Services Co | 610,145 | $47.7M | 0.02% | +36,785+6.4% | Added |
| Bridgewater Associates, LP | 614,264 | $48.2M | 0.27% | −64,472−9.5% | Reduced |
| Dimensional Fund Advisors LP | 653,507 | $51.1M | 0.01% | +5,192+0.8% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 706,317 | $55.6M | 0.04% | −2,542−0.4% | Reduced |
| Goldman Sachs Group Inc | 732,865 | $57.3M | 0.01% | −1,480,095−66.9% | Reduced |
| Morgan Stanley | 742,265 | $58.0M | 0.01% | −234,730−24.0% | Reduced |
| Credential Qtrade Securities Inc. | 779,564 | $60.9M | 3.63% | +177,392+29.5% | Added |
| Alberta Investment Management Corp | 855,800 | $67.2M | 0.63% | −48,700−5.4% | Reduced |
| Cidel Asset Management Inc | 916,912 | $72.0M | 3.08% | −27,825−2.9% | Reduced |
| Swiss National Bank | 934,730 | $73.2M | 0.05% | −55,800−5.6% | Reduced |
| Bank of America Corp | 947,118 | $74.0M | 0.01% | −26,930−2.8% | Reduced |
| Nuveen Asset Management, LLC | 950,414 | $74.3M | 0.02% | +342,020+56.2% | Added |
| Point72 Asset Management, L.P. | 1,013,589 | $79.2M | 0.24% | +74,674+8.0% | Added |
| Guardian Capital LP | 1,026,973 | $80.6M | 2.89% | −31,231−3.0% | Reduced |
| Geode Capital Management, LLC | 1,085,487 | $85.2M | 0.01% | +20,513+1.9% | Added |
| Burgundy Asset Management Ltd. | 1,215,223 | $95.1M | 1.06% | −58,922−4.6% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 1,221,133 | $95.4M | 0.44% | −992,364−44.8% | Reduced |
| Scotia Capital Inc. | 1,259,141 | $98.2M | 0.63% | −41,477−3.2% | Reduced |
| TD Waterhouse Canada Inc. | 971,543 | $98.2M | 0.92% | +54,914+6.0% | Added |
| Toronto Dominion Bank | 1,292,297 | $101.0M | 0.15% | +17,550+1.4% | Added |
| Epoch Investment Partners, Inc. | 1,402,409 | $109.6M | 0.50% | −212,215−13.1% | Reduced |
| Legal & General Group Plc | 1,453,305 | $114.1M | 0.04% | −15,188−1.0% | Reduced |
| Primecap Management Co | 1,498,900 | $117.1M | 0.09% | 00.0% | Unchanged |
| Earnest Partners LLC | 1,514,744 | $118.3M | 0.59% | −4,030−0.3% | Reduced |
| JPMorgan Chase & Co | 1,524,099 | $119.1M | 0.01% | −72,696−4.6% | Reduced |
| Canada Pension Plan Investment Board | 1,535,575 | $120.6M | 0.15% | +280,100+22.3% | Added |
| Citadel Advisors LLC | 1,578,403 | $123.3M | 0.12% | +1,554,223+6,427.7% | Added |
| Holocene Advisors, LP | 1,676,183 | $131.0M | 0.51% | −1,005,660−37.5% | Reduced |
| Bank of New York Mellon Corp | 1,848,469 | $144.4M | 0.03% | −70,116−3.7% | Reduced |
| Canoe Financial LP | 1,910,610 | $149.3M | 2.93% | −55,858−2.8% | Reduced |
| National Bank of Canada | 2,253,620 | $173.2M | 0.31% | +717,801+46.7% | Added |
| Dorsal Capital Management, LLC | 2,500,000 | $195.3M | 6.32% | −100,000−3.8% | Reduced |
| CIBC World Markets Inc. | 2,567,535 | $200.6M | 0.57% | −94,722−3.6% | Reduced |
| Alliancebernstein L.P. | 2,665,661 | $208.3M | 0.08% | −168,385−5.9% | Reduced |
| Bank of Nova Scotia | 2,811,985 | $219.7M | 0.41% | −423,015−13.1% | Reduced |
| Manufacturers Life Insurance Company, The | 2,927,682 | $229.1M | 0.14% | +301,154+11.5% | Added |
| Norges Bank | 3,117,082 | $243.6M | 0.04% | +108,094+3.6% | Added |
| Fiera Capital Corp | 3,092,820 | $243.7M | 0.75% | +140,362+4.8% | Added |
| TD Asset Management Inc | 3,438,433 | $269.9M | 0.27% | +638,501+22.8% | Added |
| CIBC Asset Management Inc | 3,445,125 | $270.0M | 1.01% | −900,567−20.7% | Reduced |
| Mackenzie Financial Corp | 4,236,811 | $331.2M | 0.50% | +357,394+9.2% | Added |
| FMR LLC | 4,298,650 | $335.9M | 0.03% | +380,369+9.7% | Added |
| 1832 Asset Management L.P. | 4,668,144 | $364.7M | 0.69% | +717,346+18.2% | Added |
| Beutel, Goodman & Co Ltd. | 6,106,042 | $479.4M | 2.54% | −417,428−6.4% | Reduced |
| Bank of Montreal | 6,602,292 | $518.6M | 0.28% | +1,297,399+24.5% | Added |
| Jarislowsky, Fraser Ltd | 7,041,995 | $552.9M | 3.25% | −240,887−3.3% | Reduced |
| FIL Ltd | 7,705,369 | $602.0M | 0.63% | −1,194,886−13.4% | Reduced |
| Vanguard Group Inc | 12,005,158 | $938.0M | 0.02% | +224,111+1.9% | Added |
| EdgePoint Investment Group Inc. | 12,006,103 | $943.0M | 8.17% | −1,540,692−11.4% | Reduced |
| Royal Bank of Canada | 20,429,016 | $1.60B | 0.40% | −667,517−3.2% | Reduced |
| Pershing Square Capital Management, L.P. | 23,348,135 | $1.82B | 17.55% | 00.0% | Unchanged |
| Capital Research Global Investors | 24,012,659 | $1.88B | 0.46% | +3,971,774+19.8% | Added |
| Capital World Investors | 42,244,556 | $3.30B | 0.59% | +227,630+0.5% | Added |
| North Star Investment Management Corp. | 0 | $0 | 0.00% | −380−100.0% | Sold out |
| Alyeska Investment Group, L.P. | 0 | $0 | 0.00% | −1,106,754−100.0% | Sold out |
| Mane Global Capital Management LP | 0 | $0 | 0.00% | −578,862−100.0% | Sold out |
| Qube Research & Technologies Ltd | 0 | $0 | 0.00% | −188,513−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −151,500−100.0% | Sold out |
| Polar Asset Management Partners Inc. | 0 | $0 | 0.00% | −115,800−100.0% | Sold out |
| Ilmarinen Mutual Pension Insurance Co | 0 | $0 | 0.00% | −100,000−100.0% | Sold out |
| Cantor Fitzgerald, L. P. | 0 | $0 | 0.00% | −49,120−100.0% | Sold out |
| Wesbanco Bank Inc | 0 | $0 | 0.00% | −33,570−100.0% | Sold out |
| FORA Capital, LLC | 0 | $0 | 0.00% | −25,161−100.0% | Sold out |
| Concentric Capital Strategies, LP | 0 | $0 | 0.00% | −19,446−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −14,246−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −11,230−100.0% | Sold out |
| Ceera Investments, LLC | 0 | $0 | 0.00% | −10,075−100.0% | Sold out |
| Summit Global Investments | 0 | $0 | 0.00% | −9,043−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −5,696−100.0% | Sold out |
| Baird Financial Group, Inc. | 0 | $0 | 0.00% | −6,628−100.0% | Sold out |
| WMS Partners, LLC | 0 | $0 | 0.00% | −6,104−100.0% | Sold out |
| Sciencast Management LP | 0 | $0 | 0.00% | −6,100−100.0% | Sold out |
| BBR Partners, LLC | 0 | $0 | 0.00% | −5,725−100.0% | Sold out |
| Parallax Volatility Advisers, L.P. | 0 | $0 | 0.00% | −5,298−100.0% | Sold out |
| Cipher Capital LP | 0 | $0 | 0.00% | −4,555−100.0% | Sold out |
| Bridgefront Capital, LLC | 0 | $0 | 0.00% | −4,442−100.0% | Sold out |
| Gotham Asset Management, LLC | 0 | $0 | 0.00% | −4,349−100.0% | Sold out |
| Mirabella Financial Services LLP | 0 | $0 | 0.00% | −3,736−100.0% | Sold out |
| Wallace Advisory Group, LLC | 0 | $0 | 0.00% | −3,100−100.0% | Sold out |
| Banco Bilbao Vizcaya Argentaria, S.A. | 0 | $0 | 0.00% | −3,571−100.0% | Sold out |
| Avantax Advisory Services, Inc. | 0 | $0 | 0.00% | −3,258−100.0% | Sold out |
| State of Wyoming | 0 | $0 | 0.00% | −3,100−100.0% | Sold out |
| Toroso Investments, LLC | 0 | $0 | 0.00% | −3,008−100.0% | Sold out |
| Carmel Capital Partners, LLC | 0 | $0 | 0.00% | −2,987−100.0% | Sold out |
| Crewe Advisors LLC | 0 | $0 | 0.00% | −571−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | 0 | $0 | 0.00% | −389−100.0% | Sold out |
| SkyView Investment Advisors, LLC | 0 | $0 | 0.00% | −270−100.0% | Sold out |
| Marquette Asset Management, LLC | 0 | $0 | 0.00% | −202−100.0% | Sold out |
| South State Corp. | 0 | $0 | 0.00% | −135−100.0% | Sold out |