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 2025
Institutional positions in Restaurant Brands International Inc. as of Mar 31, 2025. 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
- 459
- +19 vs. Q4 2024
- Shares held
- 278.4M
- +15.0M (+5.7%) vs. Q4 2024
- Total value
- $18.6B
- +$1.40B (+8.1%) vs. Q4 2024
- New holders
- 75
- 172 more added
- Sold out
- 56
- 144 more reduced
9 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2025
Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Raymond James Financial Inc | 563,747 | $37.6M | 0.01% | +268,511+90.9% | Added |
| Massachusetts Financial Services Co | 588,217 | $39.2M | 0.01% | −9,130−1.5% | Reduced |
| GW&K Investment Management, LLC | 610,713 | $40.7M | 0.38% | +76,253+14.3% | Added |
| Scheer, Rowlett & Associates Investment Management Ltd. | 621,300 | $41.4M | 3.07% | −23,772−3.7% | Reduced |
| Cidel Asset Management Inc | 654,957 | $43.7M | 2.85% | +99,383+17.9% | Added |
| Intact Investment Management Inc. | 701,691 | $46.8M | 1.60% | +75,500+12.1% | Added |
| Jane Street Group, LLC | 704,840 | $47.0M | 0.08% | +477,521+210.1% | Added |
| UBS Asset Management Americas Inc | 711,953 | $47.4M | 0.01% | +472,827+197.7% | Added |
| UBS Group AG | 759,636 | $50.6M | 0.01% | +251,776+49.6% | Added |
| Charles Schwab Investment Management Inc | 764,104 | $50.9M | 0.01% | +16,242+2.2% | Added |
| Swiss National Bank | 875,330 | $58.4M | 0.04% | −17,300−1.9% | Reduced |
| Aviso Financial Inc. | 953,186 | $63.6M | 3.13% | +11,164+1.2% | Added |
| Epoch Investment Partners, Inc. | 970,718 | $64.7M | 0.34% | −39,159−3.9% | Reduced |
| Dimensional Fund Advisors LP | 1,045,394 | $69.6M | 0.02% | +70,526+7.2% | Added |
| Arrowstreet Capital, Limited Partnership | 1,062,061 | $70.8M | 0.06% | −86,789−7.6% | Reduced |
| Toronto Dominion Bank | 1,069,238 | $71.3M | 0.18% | +135,030+14.5% | Added |
| Guardian Capital LP | 1,117,683 | $74.5M | 2.93% | −190,374−14.6% | Reduced |
| Manufacturers Life Insurance Company, The | 1,176,795 | $78.7M | 0.07% | −1,412,113−54.5% | Reduced |
| TD Waterhouse Canada Inc. | 1,207,582 | $80.3M | 0.66% | +57,822+5.0% | Added |
| RDST Capital LLC | 1,218,664 | $81.2M | 11.55% | +425,325+53.6% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 1,339,123 | $89.3M | 0.39% | +693,164+107.3% | Added |
| Federation des caisses Desjardins du Quebec | 1,394,711 | $91.6M | 0.45% | +147,934+11.9% | Added |
| Alberta Investment Management Corp | 1,381,830 | $92.1M | 0.63% | +467,330+51.1% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 1,400,000 | $93.3M | 0.21% | +1,400,000 | New |
| Scotia Capital Inc. | 1,481,072 | $97.3M | 0.52% | −63,641−4.1% | Reduced |
| JPMorgan Chase & Co | 1,491,804 | $99.4M | 0.01% | −2,554,112−63.1% | Reduced |
| Bank of America Corp | 1,513,325 | $100.8M | 0.01% | +411,411+37.3% | Added |
| Legal & General Group Plc | 1,529,599 | $102.0M | 0.03% | +31,105+2.1% | Added |
| Burgundy Asset Management Ltd. | 1,592,502 | $106.3M | 1.10% | +425,203+36.4% | Added |
| Bank of Nova Scotia | 1,668,748 | $111.3M | 0.25% | +450,364+37.0% | Added |
| Canada Pension Plan Investment Board | 1,825,581 | $121.6M | 0.12% | −1,155,776−38.8% | Reduced |
| Morgan Stanley | 1,983,944 | $132.2M | 0.01% | +15,987+0.8% | Added |
| Geode Capital Management, LLC | 2,018,356 | $136.0M | 0.01% | +170,551+9.2% | Added |
| Canoe Financial LP | 2,307,351 | $153.8M | 2.47% | +291,269+14.4% | Added |
| Invesco Ltd. | 2,644,757 | $176.2M | 0.03% | +2,177,302+465.8% | Added |
| CIBC Asset Management Inc | 3,149,068 | $211.6M | 0.70% | +177,769+6.0% | Added |
| Meritage Group LP | 3,301,689 | $220.0M | 6.05% | 00.0% | Unchanged |
| Davis Selected Advisers | 3,372,511 | $224.7M | 1.30% | +3,372,511 | New |
| CIBC World Markets Inc. | 3,625,974 | $241.6M | 0.55% | +807,118+28.6% | Added |
| Baupost Group LLCSuperinvestorBaupost Group | 3,886,562 | $259.0M | 7.41% | +984,862+33.9% | Added |
| National Bank of Canada | 3,971,981 | $263.2M | 0.31% | +252,391+6.8% | Added |
| Norges Bank | 4,191,851 | $279.4M | 0.04% | +125,121+3.1% | Added |
| Citadel Advisors LLC | 4,212,323 | $280.7M | 0.27% | +3,171,442+304.7% | Added |
| Fiera Capital Corp | 4,219,476 | $281.6M | 1.02% | +523,829+14.2% | Added |
| TD Asset Management Inc | 4,631,461 | $308.7M | 0.28% | +1,053,640+29.4% | Added |
| Mackenzie Financial Corp | 4,912,807 | $327.5M | 0.47% | +717,867+17.1% | Added |
| FIL Ltd | 5,366,558 | $357.7M | 0.34% | +3,619,252+207.1% | Added |
| Capital Research Global Investors | 5,601,030 | $373.3M | 0.08% | −5,660,358−50.3% | Reduced |
| Beutel, Goodman & Co Ltd. | 5,798,567 | $386.5M | 2.23% | +159,330+2.8% | Added |
| Jarislowsky, Fraser Ltd | 6,225,039 | $414.9M | 2.60% | −105,865−1.7% | Reduced |
| 1832 Asset Management L.P. | 6,959,757 | $463.8M | 0.89% | +289,233+4.3% | Added |
| FMR LLC | 8,082,030 | $538.7M | 0.03% | +934,941+13.1% | Added |
| Goldman Sachs Group Inc | 8,108,527 | $540.4M | 0.10% | +47,192+0.6% | Added |
| Bank of Montreal | 11,367,640 | $757.9M | 0.40% | +1,362,818+13.6% | Added |
| EdgePoint Investment Group Inc. | 13,715,604 | $914.5M | 7.41% | +896,034+7.0% | Added |
| Vanguard Group Inc | 14,169,061 | $944.5M | 0.02% | +1,003,563+7.6% | Added |
| Royal Bank of Canada | 22,626,635 | $1.51B | 0.34% | +3,260,735+16.8% | Added |
| Pershing Square Capital Management, L.P. | 23,000,914 | $1.53B | 12.85% | 00.0% | Unchanged |
| Capital World Investors | 42,585,588 | $2.84B | 0.46% | −832,600−1.9% | Reduced |
| Proequities, Inc. | 0 | $0 | 0.00% | −582−100.0% | Sold out |
| Dorsal Capital Management, LLC | 0 | $0 | 0.00% | −1,700,000−100.0% | Sold out |
| Point72 Asset Management, L.P. | 0 | $0 | 0.00% | −352,067−100.0% | Sold out |
| Arvest Bank Trust Division | 0 | $0 | 0.00% | −163,796−100.0% | Sold out |
| Artemis Investment Management LLP | 0 | $0 | 0.00% | −141,132−100.0% | Sold out |
| D. E. Shaw & Co., Inc. | 0 | $0 | 0.00% | −67,408−100.0% | Sold out |
| Maverick Capital LtdSuperinvestorMaverick Capital | 0 | $0 | 0.00% | −58,710−100.0% | Sold out |
| Qsemble Capital Management, LP | 0 | $0 | 0.00% | −42,936−100.0% | Sold out |
| Standard Life Aberdeen plc | 0 | $0 | 0.00% | −38,321−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −31,139−100.0% | Sold out |
| FORA Capital, LLC | 0 | $0 | 0.00% | −31,067−100.0% | Sold out |
| Silvant Capital Management LLC | 0 | $0 | 0.00% | −19,543−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −17,104−100.0% | Sold out |
| Arvest Investments, Inc. | 0 | $0 | 0.00% | −17,099−100.0% | Sold out |
| XTX Topco Ltd | 0 | $0 | 0.00% | −15,695−100.0% | Sold out |
| Summerhill Capital Management lnc. | 0 | $0 | 0.00% | −12,914−100.0% | Sold out |
| One68 Global Capital, LLC | 0 | $0 | 0.00% | −10,700−100.0% | Sold out |
| Numerai GP LLC | 0 | $0 | 0.00% | −6,840−100.0% | Sold out |
| Entropy Technologies, LP | 0 | $0 | 0.00% | −6,683−100.0% | Sold out |
| Mount Yale Investment Advisors, LLC | 0 | $0 | 0.00% | −6,216−100.0% | Sold out |
| Twinbeech Capital LP | 0 | $0 | 0.00% | −6,201−100.0% | Sold out |
| Peapack Gladstone Financial Corp | 0 | $0 | 0.00% | −5,791−100.0% | Sold out |
| Tower Bridge Advisors | 0 | $0 | 0.00% | −5,300−100.0% | Sold out |
| Petrus Trust Company, LTA | 0 | $0 | 0.00% | −3,867−100.0% | Sold out |
| HighPoint Advisor Group LLC | 0 | $0 | 0.00% | −3,483−100.0% | Sold out |
| Guggenheim Capital LLC | 0 | $0 | 0.00% | −3,438−100.0% | Sold out |
| EP Wealth Advisors, LLC | 0 | $0 | 0.00% | −3,426−100.0% | Sold out |
| Assenagon Asset Management S.A. | 0 | $0 | 0.00% | −3,358−100.0% | Sold out |
| We Are One Seven, LLC | 0 | $0 | 0.00% | −3,271−100.0% | Sold out |
| SL Advisors, LLC | 0 | $0 | 0.00% | −3,242−100.0% | Sold out |
| Bleakley Financial Group, LLC | 0 | $0 | 0.00% | −3,137−100.0% | Sold out |
| Viking Fund Management LLC | 0 | $0 | 0.00% | −2,000−100.0% | Sold out |
| Aster Capital Management (DIFC) Ltd | 0 | $0 | 0.00% | −1,536−100.0% | Sold out |
| Tompkins Financial Corp | 0 | $0 | 0.00% | −1,000−100.0% | Sold out |
| AdvisorShares Investments LLC | 0 | $0 | 0.00% | −585−100.0% | Sold out |
| Legend Financial Advisors, Inc. | 0 | $0 | 0.00% | −500−100.0% | Sold out |
| Venturi Wealth Management, LLC | 0 | $0 | 0.00% | −461−100.0% | Sold out |
| Dunhill Financial, LLC | 0 | $0 | 0.00% | −400−100.0% | Sold out |
| Oarsman Capital, Inc. | 0 | $0 | 0.00% | −387−100.0% | Sold out |
| First Financial Corp | 0 | $0 | 0.00% | −350−100.0% | Sold out |
| Missouri Trust & Investment Co | 0 | $0 | 0.00% | −325−100.0% | Sold out |