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, Q1 2024
Institutional positions in Restaurant Brands International Inc. as of Mar 31, 2024. 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
- 461
- +2 vs. Q4 2023
- Shares held
- 258.2M
- −2.44M (−0.9%) vs. Q4 2023
- Total value
- $20.5B
- +$121.8M (+0.6%) vs. Q4 2023
- New holders
- 42
- 160 more added
- Sold out
- 40
- 171 more reduced
5 institutions that held it in Q4 2023 haven't filed for Q1 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2024
Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q4 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital World Investors | 42,711,485 | $3.39B | 0.56% | +466,929+1.1% | Added |
| Pershing Square Capital Management, L.P. | 23,348,135 | $1.86B | 17.24% | 00.0% | Unchanged |
| Capital Research Global Investors | 23,337,303 | $1.85B | 0.42% | −675,356−2.8% | Reduced |
| Royal Bank of Canada | 20,544,703 | $1.63B | 0.40% | +115,687+0.6% | Added |
| Vanguard Group Inc | 12,146,626 | $965.0M | 0.02% | +141,468+1.2% | Added |
| EdgePoint Investment Group Inc. | 10,984,510 | $872.7M | 6.95% | −1,021,593−8.5% | Reduced |
| FIL Ltd | 7,625,359 | $605.6M | 0.60% | −80,010−1.0% | Reduced |
| FMR LLC | 7,010,826 | $556.8M | 0.04% | +2,712,176+63.1% | Added |
| Bank of Montreal | 6,747,545 | $544.8M | 0.28% | +145,253+2.2% | Added |
| Jarislowsky, Fraser Ltd | 6,756,695 | $537.1M | 3.08% | −285,300−4.1% | Reduced |
| Mackenzie Financial Corp | 5,024,855 | $399.2M | 0.58% | +788,044+18.6% | Added |
| 1832 Asset Management L.P. | 4,958,748 | $394.0M | 0.72% | +290,604+6.2% | Added |
| TD Asset Management Inc | 4,847,985 | $385.4M | 0.36% | +1,409,552+41.0% | Added |
| Beutel, Goodman & Co Ltd. | 4,019,727 | $319.5M | 1.65% | −2,086,315−34.2% | Reduced |
| Manufacturers Life Insurance Company, The | 3,974,972 | $315.8M | 0.29% | +1,047,290+35.8% | Added |
| Fiera Capital Corp | 3,303,540 | $262.5M | 0.77% | +210,720+6.8% | Added |
| Norges Bank | 3,174,084 | $252.2M | 0.04% | +57,002+1.8% | Added |
| CIBC Asset Management Inc | 3,130,528 | $248.7M | 0.86% | −314,597−9.1% | Reduced |
| Canada Pension Plan Investment Board | 2,655,157 | $211.1M | 0.22% | +1,119,582+72.9% | Added |
| CIBC World Markets Inc. | 2,608,804 | $207.3M | 0.53% | +41,269+1.6% | Added |
| Alliancebernstein L.P. | 2,391,972 | $190.0M | 0.07% | −273,689−10.3% | Reduced |
| Bank of Nova Scotia | 2,343,839 | $186.1M | 0.38% | −468,146−16.6% | Reduced |
| Canoe Financial LP | 1,889,014 | $150.1M | 2.47% | −21,596−1.1% | Reduced |
| Nuveen Asset Management, LLC | 1,771,770 | $140.8M | 0.04% | +821,356+86.4% | Added |
| Dorsal Capital Management, LLC | 1,720,050 | $136.7M | 4.55% | −779,950−31.2% | Reduced |
| Bank of New York Mellon Corp | 1,703,807 | $135.4M | 0.03% | −144,662−7.8% | Reduced |
| JPMorgan Chase & Co | 1,487,556 | $118.2M | 0.01% | −36,543−2.4% | Reduced |
| Legal & General Group Plc | 1,455,190 | $115.6M | 0.03% | +1,885+0.1% | Added |
| TD Waterhouse Canada Inc. | 1,125,889 | $113.3M | 0.85% | +154,346+15.9% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 1,414,645 | $112.4M | 0.48% | +193,512+15.8% | Added |
| National Bank of Canada | 1,481,236 | $108.3M | 0.19% | −772,384−34.3% | Reduced |
| Morgan Stanley | 1,339,573 | $106.4M | 0.01% | +597,308+80.5% | Added |
| Scotia Capital Inc. | 1,296,500 | $102.8M | 0.61% | +37,359+3.0% | Added |
| Geode Capital Management, LLC | 1,180,217 | $94.6M | 0.01% | +94,730+8.7% | Added |
| Epoch Investment Partners, Inc. | 1,174,166 | $93.3M | 0.41% | −228,243−16.3% | Reduced |
| Burgundy Asset Management Ltd. | 1,170,268 | $92.9M | 0.96% | −44,955−3.7% | Reduced |
| Bank of America Corp | 1,150,750 | $91.4M | 0.01% | +203,632+21.5% | Added |
| Guardian Capital LP | 1,029,895 | $81.9M | 2.85% | +2,922+0.3% | Added |
| Swiss National Bank | 896,630 | $71.2M | 0.05% | −38,100−4.1% | Reduced |
| Earnest Partners LLC | 876,363 | $69.6M | 0.32% | −638,381−42.1% | Reduced |
| Credential Qtrade Securities Inc. | 863,776 | $68.6M | 3.68% | +84,212+10.8% | Added |
| Alberta Investment Management Corp | 855,800 | $68.0M | 0.69% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 852,258 | $67.7M | 0.01% | +119,393+16.3% | Added |
| Toronto Dominion Bank | 808,911 | $64.3M | 0.10% | −483,386−37.4% | Reduced |
| Arrowstreet Capital, Limited Partnership | 717,072 | $57.0M | 0.05% | +178,669+33.2% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 695,278 | $55.2M | 0.04% | −11,039−1.6% | Reduced |
| Dimensional Fund Advisors LP | 639,631 | $50.8M | 0.01% | −13,876−2.1% | Reduced |
| Federation des caisses Desjardins du Quebec | 474,419 | $50.7M | 0.37% | +141,891+42.7% | Added |
| Massachusetts Financial Services Co | 616,590 | $49.0M | 0.01% | +6,445+1.1% | Added |
| Intact Investment Management Inc. | 615,814 | $48.9M | 1.93% | +45,730+8.0% | Added |
| GW&K Investment Management, LLC | 569,631 | $45.3M | 0.40% | −6,912−1.2% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 555,802 | $44.2M | 3.26% | −1,450−0.3% | Reduced |
| Bridgewater Associates, LP | 554,184 | $44.1M | 0.22% | −60,080−9.8% | Reduced |
| Addenda Capital Inc. | 386,948 | $41.9M | 1.59% | −9,430−2.4% | Reduced |
| RDST Capital LLC | 526,071 | $41.8M | 10.39% | +162,215+44.6% | Added |
| Letko, Brosseau & Associates Inc | 512,499 | $40.7M | 0.71% | −35,150−6.4% | Reduced |
| Envestnet Asset Management Inc | 511,979 | $40.7M | 0.02% | +17,428+3.5% | Added |
| Ameriprise Financial Inc | 495,503 | $39.5M | 0.01% | +23,568+5.0% | Added |
| Cidel Asset Management Inc | 456,611 | $36.3M | 2.76% | −460,301−50.2% | Reduced |
| Alta Capital Management LLC | 452,929 | $36.0M | 2.22% | −6,778−1.5% | Reduced |
| UBS Group AG | 449,371 | $35.7M | 0.01% | +167,256+59.3% | Added |
| Deutsche Bank AG | 448,175 | $35.6M | 0.02% | +133,052+42.2% | Added |
| Public Sector Pension Investment Board | 440,000 | $35.0M | 0.25% | +411,582+1,448.3% | Added |
| Woodline Partners LP | 437,400 | $34.8M | 0.32% | +314,355+255.5% | Added |
| British Columbia Investment Management Corp | 416,010 | $33.1M | 0.23% | +10,631+2.6% | Added |
| Spears Abacus Advisors LLC | 400,772 | $31.8M | 0.66% | +39,577+11.0% | Added |
| MIC Capital Management UK LLP | 386,203 | $30.7M | 5.83% | 00.0% | Unchanged |
| Amundi | 428,129 | $30.6M | 0.01% | −17,560−3.9% | Reduced |
| Invesco Ltd. | 383,158 | $30.4M | 0.01% | −93,600−19.6% | Reduced |
| Credit Suisse AG | 335,878 | $26.7M | 0.03% | −19,253−5.4% | Reduced |
| Galibier Capital Management Ltd. | 326,013 | $25.9M | 6.20% | −49,739−13.2% | Reduced |
| Mane Global Capital Management LP | 314,345 | $25.0M | 2.12% | +314,345 | New |
| Braun Stacey Associates Inc | 304,736 | $24.2M | 0.96% | −6,130−2.0% | Reduced |
| Davidson Kempner Capital Management LP | 302,641 | $24.0M | 0.36% | −45,031−13.0% | Reduced |
| Continental Grain Co | 296,678 | $23.6M | 15.27% | 00.0% | Unchanged |
| State of Wisconsin Investment Board | 295,154 | $23.4M | 0.06% | −66,700−18.4% | Reduced |
| Baskin Financial Services Inc. | 287,151 | $22.8M | 1.91% | +32,775+12.9% | Added |
| Wells Fargo & Company | 281,436 | $22.4M | 0.01% | −25,485−8.3% | Reduced |
| Lincluden Management Ltd | 275,906 | $21.9M | 2.60% | −3,029−1.1% | Reduced |
| Bank of Nova Scotia Trust Co | 267,835 | $21.3M | 2.29% | +11,797+4.6% | Added |
| Great West Life Assurance Co | 262,002 | $20.8M | 0.04% | −89,763−25.5% | Reduced |
| BlackRock Inc. | 258,857 | $20.6M | 0.00% | +23,454+10.0% | Added |
| Standard Life Aberdeen plc | 247,644 | $19.7M | 0.04% | −20,265−7.6% | Reduced |
| Jane Street Group, LLC | 235,990 | $18.7M | 0.02% | +8,753+3.9% | Added |
| Triasima Portfolio Management inc. | 221,910 | $17.6M | 1.48% | −18,400−7.7% | Reduced |
| SEI Investments Co | 213,550 | $17.0M | 0.02% | −140,075−39.6% | Reduced |
| Rockefeller Capital Management L.P. | 202,683 | $16.1M | 0.05% | −4,895−2.4% | Reduced |
| State of Tennessee, Treasury Department | 180,464 | $14.3M | 0.05% | 00.0% | Unchanged |
| Neuberger Berman Group LLC | 180,339 | $14.3M | 0.01% | +1,120+0.6% | Added |
| Korea Investment CORP | 178,859 | $14.2M | 0.04% | +80,772+82.3% | Added |
| Arvest Trust Co N A | 177,078 | $14.1M | 0.80% | −5,240−2.9% | Reduced |
| Janney Montgomery Scott LLC | 176,629 | $14.0M | 0.04% | +7,999+4.7% | Added |
| Dana Investment Advisors, Inc. | 174,131 | $13.8M | 0.46% | +8,528+5.1% | Added |
| Northern Trust Corp | 173,774 | $13.8M | 0.00% | −7,813−4.3% | Reduced |
| Citigroup Inc | 172,599 | $13.7M | 0.01% | +8,503+5.2% | Added |
| Capital International Ltd | 170,713 | $13.6M | 0.65% | +400+0.2% | Added |
| Citadel Advisors LLC | 170,207 | $13.5M | 0.01% | −1,408,196−89.2% | Reduced |
| Capital International Sarl | 167,961 | $13.3M | 0.44% | +9,907+6.3% | Added |
| Raymond James Financial Services Advisors, Inc. | 165,437 | $13.1M | 0.02% | +1,606+1.0% | Added |
| BancorpSouth Bank | 154,162 | $12.2M | 0.89% | −854−0.6% | Reduced |