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 2024
Institutional positions in Restaurant Brands International Inc. as of Dec 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
- 449
- −8 vs. Q3 2024
- Shares held
- 263.7M
- −9.42M (−3.4%) vs. Q3 2024
- Total value
- $17.2B
- −$2.50B (−12.7%) vs. Q3 2024
- New holders
- 47
- 156 more added
- Sold out
- 55
- 160 more reduced
6 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2024: 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 2024
Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q3 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital World Investors | 43,418,188 | $2.83B | 0.43% | +841,167+2.0% | Added |
| Pershing Square Capital Management, L.P. | 23,000,914 | $1.50B | 11.84% | 00.0% | Unchanged |
| Royal Bank of Canada | 19,365,900 | $1.26B | 0.27% | −1,582,950−7.6% | Reduced |
| Vanguard Group Inc | 13,165,498 | $858.1M | 0.01% | +421,873+3.3% | Added |
| EdgePoint Investment Group Inc. | 12,819,570 | $834.5M | 6.59% | +2,695,071+26.6% | Added |
| Capital Research Global Investors | 11,261,388 | $734.0M | 0.15% | −8,941,977−44.3% | Reduced |
| Bank of Montreal | 10,004,822 | $651.3M | 0.33% | +1,367,633+15.8% | Added |
| Goldman Sachs Group Inc | 8,061,335 | $525.4M | 0.10% | −278,489−3.3% | Reduced |
| FMR LLC | 7,147,089 | $465.8M | 0.03% | −589,350−7.6% | Reduced |
| 1832 Asset Management L.P. | 6,670,524 | $434.8M | 0.78% | −176,586−2.6% | Reduced |
| Jarislowsky, Fraser Ltd | 6,330,904 | $410.9M | 2.40% | −238,122−3.6% | Reduced |
| Beutel, Goodman & Co Ltd. | 5,639,237 | $367.4M | 2.00% | −505,847−8.2% | Reduced |
| Mackenzie Financial Corp | 4,194,940 | $273.1M | 0.37% | −450,183−9.7% | Reduced |
| Norges Bank | 4,066,730 | $264.8M | 0.03% | +66,574+1.7% | Added |
| JPMorgan Chase & Co | 4,045,916 | $263.7M | 0.02% | −1,509,722−27.2% | Reduced |
| National Bank of Canada | 3,719,590 | $242.6M | 0.31% | +538,131+16.9% | Added |
| Fiera Capital Corp | 3,695,647 | $240.6M | 0.76% | −48,973−1.3% | Reduced |
| TD Asset Management Inc | 3,577,821 | $233.1M | 0.21% | −26,092−0.7% | Reduced |
| Meritage Group LP | 3,301,689 | $215.2M | 5.13% | +3,245,689+5,795.9% | Added |
| CIBC Asset Management Inc | 2,971,299 | $194.7M | 0.64% | +1,717+0.1% | Added |
| Canada Pension Plan Investment Board | 2,981,357 | $194.1M | 0.18% | +679,000+29.5% | Added |
| Baupost Group LLCSuperinvestorBaupost Group | 2,901,700 | $189.1M | 5.51% | +2,873,406+10,155.5% | Added |
| CIBC World Markets Inc. | 2,818,856 | $183.7M | 0.42% | −134,796−4.6% | Reduced |
| Manufacturers Life Insurance Company, The | 2,588,908 | $168.9M | 0.15% | −1,263,108−32.8% | Reduced |
| Canoe Financial LP | 2,016,082 | $131.3M | 2.14% | −12,267−0.6% | Reduced |
| Morgan Stanley | 1,967,957 | $128.3M | 0.01% | +383,973+24.2% | Added |
| Geode Capital Management, LLC | 1,847,805 | $123.1M | 0.01% | +467,958+33.9% | Added |
| D1 Capital Partners L.P.SuperinvestorD1 Capital Partners | 1,768,419 | $115.3M | 1.92% | +438,379+33.0% | Added |
| FIL Ltd | 1,747,306 | $113.9M | 0.11% | −1,100,835−38.7% | Reduced |
| Dorsal Capital Management, LLC | 1,700,000 | $110.8M | 3.33% | −200,000−10.5% | Reduced |
| Scotia Capital Inc. | 1,544,713 | $100.5M | 0.53% | +24,319+1.6% | Added |
| Legal & General Group Plc | 1,498,494 | $97.6M | 0.03% | −150.0% | Reduced |
| Bank of New York Mellon Corp | 1,331,392 | $86.8M | 0.02% | +68,456+5.4% | Added |
| Guardian Capital LP | 1,308,057 | $85.2M | 3.17% | +34,336+2.7% | Added |
| Federation des caisses Desjardins du Quebec | 1,246,777 | $80.9M | 0.41% | +310,498+33.2% | Added |
| Bank of Nova Scotia | 1,218,384 | $79.4M | 0.14% | −510,326−29.5% | Reduced |
| Burgundy Asset Management Ltd. | 1,167,299 | $76.0M | 0.77% | +4,464+0.4% | Added |
| Arrowstreet Capital, Limited Partnership | 1,148,850 | $74.8M | 0.06% | +715,754+165.3% | Added |
| TD Waterhouse Canada Inc. | 1,149,760 | $74.7M | 0.60% | +1,060+0.1% | Added |
| Bank of America Corp | 1,101,914 | $71.8M | 0.01% | −193,387−14.9% | Reduced |
| British Columbia Investment Management Corp | 1,087,542 | $70.8M | 0.42% | +985,615+967.0% | Added |
| Citadel Advisors LLC | 1,040,881 | $67.8M | 0.06% | −865,884−45.4% | Reduced |
| Epoch Investment Partners, Inc. | 1,009,877 | $65.8M | 0.32% | −70,023−6.5% | Reduced |
| Dimensional Fund Advisors LP | 974,868 | $63.5M | 0.02% | +195,340+25.1% | Added |
| Aviso Financial Inc. | 942,022 | $61.4M | 3.10% | +37,241+4.1% | Added |
| Toronto Dominion Bank | 934,208 | $60.8M | 0.12% | +70,001+8.1% | Added |
| Alberta Investment Management Corp | 914,500 | $59.6M | 0.40% | +6,000+0.7% | Added |
| Swiss National Bank | 892,630 | $58.2M | 0.04% | −16,400−1.8% | Reduced |
| RDST Capital LLC | 793,339 | $51.7M | 7.33% | +100,014+14.4% | Added |
| Charles Schwab Investment Management Inc | 747,862 | $48.7M | 0.01% | +40,155+5.7% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 645,959 | $42.0M | 0.19% | −1,561,292−70.7% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 645,072 | $42.0M | 3.06% | +34,729+5.7% | Added |
| Intact Investment Management Inc. | 626,191 | $40.8M | 1.43% | −238,573−27.6% | Reduced |
| Massachusetts Financial Services Co | 597,347 | $38.9M | 0.01% | −19,004−3.1% | Reduced |
| Continental Grain Co | 559,178 | $36.4M | 12.47% | 00.0% | Unchanged |
| Cidel Asset Management Inc | 555,574 | $36.2M | 2.43% | +28,101+5.3% | Added |
| GW&K Investment Management, LLC | 534,460 | $34.8M | 0.30% | −12,860−2.3% | Reduced |
| Addenda Capital Inc. | 365,802 | $34.6M | 1.22% | −12,750−3.4% | Reduced |
| UBS Group AG | 507,860 | $33.1M | 0.01% | +43,673+9.4% | Added |
| Man Group plc | 507,022 | $33.0M | 0.10% | +374,568+282.8% | Added |
| Envestnet Asset Management Inc | 503,673 | $32.8M | 0.01% | +7,197+1.4% | Added |
| MUFG Securities (Canada), Ltd. | 494,313 | $32.2M | 1.16% | +213,035+75.7% | Added |
| Invesco Ltd. | 467,455 | $30.5M | 0.01% | +23,504+5.3% | Added |
| Alta Capital Management LLC | 465,964 | $30.4M | 1.81% | −846−0.2% | Reduced |
| Letko, Brosseau & Associates Inc | 458,730 | $29.9M | 0.58% | +10,055+2.2% | Added |
| Marshall Wace, LLP | 447,035 | $29.1M | 0.04% | +434,102+3,356.5% | Added |
| Janus Henderson Group PLC | 426,915 | $27.8M | 0.01% | +55,942+15.1% | Added |
| Deutsche Bank AG | 417,889 | $27.2M | 0.01% | +29,311+7.5% | Added |
| MIC Capital Management UK LLP | 386,203 | $25.2M | 3.56% | 00.0% | Unchanged |
| Spears Abacus Advisors LLC | 362,611 | $23.6M | 0.49% | −72,331−16.6% | Reduced |
| Point72 Asset Management, L.P. | 352,067 | $22.9M | 0.06% | −1,113,642−76.0% | Reduced |
| Baskin Financial Services Inc. | 332,594 | $21.7M | 1.72% | +9,208+2.8% | Added |
| Soroban Capital Partners LP | 300,000 | $19.6M | 0.26% | 00.0% | Unchanged |
| Raymond James Financial Inc | 295,236 | $19.2M | 0.01% | +295,236 | New |
| Great West Life Assurance Co | 294,126 | $19.1M | 0.03% | +9,688+3.4% | Added |
| Galibier Capital Management Ltd. | 287,533 | $18.7M | 5.35% | −72,456−20.1% | Reduced |
| Bank of Nova Scotia Trust Co | 277,133 | $18.1M | 1.91% | −1,726−0.6% | Reduced |
| Northern Trust Corp | 266,880 | $17.4M | 0.00% | +107,997+68.0% | Added |
| Nuveen Asset Management, LLC | 265,109 | $17.3M | 0.00% | −2,598,497−90.7% | Reduced |
| Wells Fargo & Company | 263,640 | $17.2M | 0.00% | +9,841+3.9% | Added |
| BlackRock, Inc. | 245,434 | $16.0M | 0.00% | −2,463−1.0% | Reduced |
| Capital International Sarl | 244,694 | $15.9M | 0.37% | +34,702+16.5% | Added |
| Lincluden Management Ltd | 241,713 | $15.8M | 1.91% | −7,466−3.0% | Reduced |
| UBS Asset Management Americas Inc | 239,126 | $15.6M | 0.00% | −75,803−24.1% | Reduced |
| Jane Street Group, LLC | 227,319 | $14.8M | 0.02% | +156,050+219.0% | Added |
| Rockefeller Capital Management L.P. | 222,103 | $14.5M | 0.04% | −10,113−4.4% | Reduced |
| Citigroup Inc | 221,911 | $14.5M | 0.01% | +38,478+21.0% | Added |
| Woodline Partners LP | 216,840 | $14.1M | 0.10% | +89,061+69.7% | Added |
| Amundi | 209,518 | $13.1M | 0.00% | −132,718−38.8% | Reduced |
| Squarepoint Ops LLC | 195,835 | $12.8M | 0.03% | +195,835 | New |
| Capital International Ltd | 186,711 | $12.2M | 0.50% | +14,548+8.5% | Added |
| State of Tennessee, Treasury Department | 182,076 | $11.9M | 0.04% | +686+0.4% | Added |
| Dana Investment Advisors, Inc. | 173,259 | $11.3M | 0.37% | +8,873+5.4% | Added |
| JCP Investment Management, LLC | 169,883 | $11.1M | 6.54% | +12,600+8.0% | Added |
| Walleye Capital LLC | 169,008 | $11.0M | 0.10% | +156,208+1,220.4% | Added |
| Arvest Bank Trust Division | 163,796 | $10.7M | 0.64% | −3,326−2.0% | Reduced |
| Korea Investment CORP | 157,347 | $10.3M | 0.02% | −74,212−32.0% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 145,493 | $9.48M | 0.03% | +7,704+5.6% | Added |
| Artemis Investment Management LLP | 141,132 | $9.20M | 0.13% | −75,495−34.9% | Reduced |
| Capital International Inc | 137,354 | $8.95M | 0.11% | +13,185+10.6% | Added |