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 |
|---|---|---|---|---|---|
| RDST Capital LLC | 793,339 | $51.7M | 7.33% | +100,014+14.4% | Added |
| Swiss National Bank | 892,630 | $58.2M | 0.04% | −16,400−1.8% | Reduced |
| Alberta Investment Management Corp | 914,500 | $59.6M | 0.40% | +6,000+0.7% | Added |
| Toronto Dominion Bank | 934,208 | $60.8M | 0.12% | +70,001+8.1% | Added |
| Aviso Financial Inc. | 942,022 | $61.4M | 3.10% | +37,241+4.1% | Added |
| Dimensional Fund Advisors LP | 974,868 | $63.5M | 0.02% | +195,340+25.1% | Added |
| Epoch Investment Partners, Inc. | 1,009,877 | $65.8M | 0.32% | −70,023−6.5% | Reduced |
| Citadel Advisors LLC | 1,040,881 | $67.8M | 0.06% | −865,884−45.4% | Reduced |
| British Columbia Investment Management Corp | 1,087,542 | $70.8M | 0.42% | +985,615+967.0% | Added |
| Bank of America Corp | 1,101,914 | $71.8M | 0.01% | −193,387−14.9% | Reduced |
| TD Waterhouse Canada Inc. | 1,149,760 | $74.7M | 0.60% | +1,060+0.1% | Added |
| Arrowstreet Capital, Limited Partnership | 1,148,850 | $74.8M | 0.06% | +715,754+165.3% | Added |
| Burgundy Asset Management Ltd. | 1,167,299 | $76.0M | 0.77% | +4,464+0.4% | Added |
| Bank of Nova Scotia | 1,218,384 | $79.4M | 0.14% | −510,326−29.5% | Reduced |
| Federation des caisses Desjardins du Quebec | 1,246,777 | $80.9M | 0.41% | +310,498+33.2% | Added |
| Guardian Capital LP | 1,308,057 | $85.2M | 3.17% | +34,336+2.7% | Added |
| Bank of New York Mellon Corp | 1,331,392 | $86.8M | 0.02% | +68,456+5.4% | Added |
| Legal & General Group Plc | 1,498,494 | $97.6M | 0.03% | −150.0% | Reduced |
| Scotia Capital Inc. | 1,544,713 | $100.5M | 0.53% | +24,319+1.6% | Added |
| Dorsal Capital Management, LLC | 1,700,000 | $110.8M | 3.33% | −200,000−10.5% | Reduced |
| FIL Ltd | 1,747,306 | $113.9M | 0.11% | −1,100,835−38.7% | Reduced |
| D1 Capital Partners L.P.SuperinvestorD1 Capital Partners | 1,768,419 | $115.3M | 1.92% | +438,379+33.0% | Added |
| Geode Capital Management, LLC | 1,847,805 | $123.1M | 0.01% | +467,958+33.9% | Added |
| Morgan Stanley | 1,967,957 | $128.3M | 0.01% | +383,973+24.2% | Added |
| Canoe Financial LP | 2,016,082 | $131.3M | 2.14% | −12,267−0.6% | Reduced |
| Manufacturers Life Insurance Company, The | 2,588,908 | $168.9M | 0.15% | −1,263,108−32.8% | Reduced |
| CIBC World Markets Inc. | 2,818,856 | $183.7M | 0.42% | −134,796−4.6% | Reduced |
| Baupost Group LLCSuperinvestorBaupost Group | 2,901,700 | $189.1M | 5.51% | +2,873,406+10,155.5% | Added |
| Canada Pension Plan Investment Board | 2,981,357 | $194.1M | 0.18% | +679,000+29.5% | Added |
| CIBC Asset Management Inc | 2,971,299 | $194.7M | 0.64% | +1,717+0.1% | Added |
| Meritage Group LP | 3,301,689 | $215.2M | 5.13% | +3,245,689+5,795.9% | Added |
| TD Asset Management Inc | 3,577,821 | $233.1M | 0.21% | −26,092−0.7% | Reduced |
| Fiera Capital Corp | 3,695,647 | $240.6M | 0.76% | −48,973−1.3% | Reduced |
| National Bank of Canada | 3,719,590 | $242.6M | 0.31% | +538,131+16.9% | Added |
| JPMorgan Chase & Co | 4,045,916 | $263.7M | 0.02% | −1,509,722−27.2% | Reduced |
| Norges Bank | 4,066,730 | $264.8M | 0.03% | +66,574+1.7% | Added |
| Mackenzie Financial Corp | 4,194,940 | $273.1M | 0.37% | −450,183−9.7% | Reduced |
| Beutel, Goodman & Co Ltd. | 5,639,237 | $367.4M | 2.00% | −505,847−8.2% | Reduced |
| Jarislowsky, Fraser Ltd | 6,330,904 | $410.9M | 2.40% | −238,122−3.6% | Reduced |
| 1832 Asset Management L.P. | 6,670,524 | $434.8M | 0.78% | −176,586−2.6% | Reduced |
| FMR LLC | 7,147,089 | $465.8M | 0.03% | −589,350−7.6% | Reduced |
| Goldman Sachs Group Inc | 8,061,335 | $525.4M | 0.10% | −278,489−3.3% | Reduced |
| Bank of Montreal | 10,004,822 | $651.3M | 0.33% | +1,367,633+15.8% | Added |
| Capital Research Global Investors | 11,261,388 | $734.0M | 0.15% | −8,941,977−44.3% | Reduced |
| EdgePoint Investment Group Inc. | 12,819,570 | $834.5M | 6.59% | +2,695,071+26.6% | Added |
| Vanguard Group Inc | 13,165,498 | $858.1M | 0.01% | +421,873+3.3% | Added |
| Royal Bank of Canada | 19,365,900 | $1.26B | 0.27% | −1,582,950−7.6% | Reduced |
| Pershing Square Capital Management, L.P. | 23,000,914 | $1.50B | 11.84% | 00.0% | Unchanged |
| Capital World Investors | 43,418,188 | $2.83B | 0.43% | +841,167+2.0% | Added |
| Junto Capital Management LP | 0 | $0 | 0.00% | −1,122,968−100.0% | Sold out |
| Mane Global Capital Management LP | 0 | $0 | 0.00% | −618,665−100.0% | Sold out |
| Voloridge Investment Management, LLC | 0 | $0 | 0.00% | −136,172−100.0% | Sold out |
| Caisse de Depot Et Placement du Quebec | 0 | $0 | 0.00% | −119,798−100.0% | Sold out |
| Gunderson Capital Management Inc. | 0 | $0 | 0.00% | −107,695−100.0% | Sold out |
| Interval Partners, LP | 0 | $0 | 0.00% | −98,666−100.0% | Sold out |
| Schonfeld Strategic Advisors LLC | 0 | $0 | 0.00% | −78,852−100.0% | Sold out |
| Campbell & CO Investment Adviser LLC | 0 | $0 | 0.00% | −73,995−100.0% | Sold out |
| Twin Tree Management, LP | 0 | $0 | 0.00% | −65,146−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −47,600−100.0% | Sold out |
| Fairfax Financial Holdings LtdSuperinvestorFairfax Financial | 0 | $0 | 0.00% | −42,000−100.0% | Sold out |
| Crestline Management, LP | 0 | $0 | 0.00% | −22,201−100.0% | Sold out |
| GTS Securities LLC | 0 | $0 | 0.00% | −18,709−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −15,992−100.0% | Sold out |
| Fiduciary Family Office, LLC | 0 | $0 | 0.00% | −15,497−100.0% | Sold out |
| Vestcor Inc | 0 | $0 | 0.00% | −15,300−100.0% | Sold out |
| International Assets Investment Management, LLC | 0 | $0 | 0.00% | −63,733−100.0% | Sold out |
| Headlands Technologies LLC | 0 | $0 | 0.00% | −11,366−100.0% | Sold out |
| Achmea Investment Management B.V. | 0 | $0 | 0.00% | −10,838−100.0% | Sold out |
| Bayesian Capital Management, LP | 0 | $0 | 0.00% | −7,500−100.0% | Sold out |
| Seven Eight Capital, LP | 0 | $0 | 0.00% | −7,039−100.0% | Sold out |
| National Asset Management, Inc. | 0 | $0 | 0.00% | −6,094−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | 0 | $0 | 0.00% | −5,922−100.0% | Sold out |
| State of Wyoming | 0 | $0 | 0.00% | −5,850−100.0% | Sold out |
| MQS Management LLC | 0 | $0 | 0.00% | −5,579−100.0% | Sold out |
| Prelude Capital Management, LLC | 0 | $0 | 0.00% | −5,314−100.0% | Sold out |
| Keebeck Alpha, LP | 0 | $0 | 0.00% | −5,314−100.0% | Sold out |
| Letson Investment Management, Inc. | 0 | $0 | 0.00% | −4,999−100.0% | Sold out |
| Aristeia Capital LLC | 0 | $0 | 0.00% | −4,853−100.0% | Sold out |
| Hilltop Holdings Inc. | 0 | $0 | 0.00% | −4,527−100.0% | Sold out |
| Veriti Management LLC | 0 | $0 | 0.00% | −4,414−100.0% | Sold out |
| Pinnacle Associates Ltd | 0 | $0 | 0.00% | −3,735−100.0% | Sold out |
| Shulman DeMeo Asset Management LLC | 0 | $0 | 0.00% | −3,840−100.0% | Sold out |
| Cumberland Partners Ltd | 0 | $0 | 0.00% | −3,200−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −3,081−100.0% | Sold out |
| C M Bidwell & Associates Ltd | 0 | $0 | 0.00% | −3,062−100.0% | Sold out |
| Procyon Private Wealth Partners, LLC | 0 | $0 | 0.00% | −3,041−100.0% | Sold out |
| Forum Financial Management, LP | 0 | $0 | 0.00% | −3,033−100.0% | Sold out |
| Coldstream Capital Management Inc | 0 | $0 | 0.00% | −2,943−100.0% | Sold out |
| Tocqueville Asset Management L.P. | 0 | $0 | 0.00% | −2,938−100.0% | Sold out |
| Integrated Wealth Concepts LLC | 0 | $0 | 0.00% | −2,923−100.0% | Sold out |
| Magnus Financial Group LLC | 0 | $0 | 0.00% | −2,806−100.0% | Sold out |
| Hardy Reed LLC | 0 | $0 | 0.00% | −2,776−100.0% | Sold out |
| Andra AP-fonden | 0 | $0 | 0.00% | −1,200−100.0% | Sold out |
| Alta Advisers Ltd | 0 | $0 | 0.00% | −1,560−100.0% | Sold out |
| Central Pacific Bank - Trust Division | 0 | $0 | 0.00% | −1,125−100.0% | Sold out |
| Oakworth Capital, Inc. | 0 | $0 | 0.00% | −385−100.0% | Sold out |
| Lazard Asset Management LLC | 0 | $0 | 0.00% | −321−100.0% | Sold out |
| Arrow Financial Corp | 0 | $0 | 0.00% | −216−100.0% | Sold out |
| Financial Network Wealth Advisors LLC | 0 | $0 | 0.00% | −40−100.0% | Sold out |
| Uncommon Cents Investing LLC | 0 | $0 | 0.00% | −23−100.0% | Sold out |