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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, Q2 2025

Institutional positions in Restaurant Brands International Inc. as of Jun 30, 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
455
+2 vs. Q1 2025
Shares held
285.0M
+6.88M (+2.5%) vs. Q1 2025
Total value
$18.9B
+$358.6M (+1.9%) vs. Q1 2025
New holders
65
167 more added
Sold out
63
148 more reduced

6 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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.

Institutional holdersQ2 2025: 455 institutions
Q1 2021: 362 institutionsQ2 2021: 367 institutionsQ3 2021: 375 institutionsQ4 2021: 388 institutionsQ1 2022: 385 institutionsQ2 2022: 383 institutionsQ3 2022: 395 institutionsQ4 2022: 427 institutionsQ1 2023: 433 institutionsQ2 2023: 432 institutionsQ3 2023: 440 institutionsQ4 2023: 464 institutionsQ1 2024: 461 institutionsQ2 2024: 445 institutionsQ3 2024: 463 institutionsQ4 2024: 449 institutionsQ1 2025: 459 institutionsQ2 2025: 455 institutionsQ3 2025: 464 institutionsQ4 2025: 506 institutionsQ1 2026: 550 institutionsQ2 2026: 580 institutions
Value heldQ2 2025: $18.9B
Q1 2021: $16.1BQ2 2021: $15.5BQ3 2021: $15.2BQ4 2021: $15.2BQ1 2022: $14.0BQ2 2022: $12.3BQ3 2022: $13.0BQ4 2022: $16.3BQ1 2023: $17.7BQ2 2023: $20.2BQ3 2023: $17.5BQ4 2023: $20.4BQ1 2024: $20.5BQ2 2024: $19.0BQ3 2024: $19.7BQ4 2024: $17.2BQ1 2025: $18.6BQ2 2025: $18.9BQ3 2025: $18.6BQ4 2025: $20.1BQ1 2026: $22.4BQ2 2026: $23.5B
Institutions holding QSR and their total value by quarter
QuarterHoldersValue
Q2 2026580$23.5B
Q1 2026550$22.4B
Q4 2025506$20.1B
Q3 2025464$18.6B
Q2 2025455$18.9B
Q1 2025459$18.6B
Q4 2024449$17.2B
Q3 2024463$19.7B
Q2 2024445$19.0B
Q1 2024461$20.5B
Q4 2023464$20.4B
Q3 2023440$17.5B
Q2 2023432$20.2B
Q1 2023433$17.7B
Q4 2022427$16.3B
Q3 2022395$13.0B
Q2 2022383$12.3B
Q1 2022385$14.0B
Q4 2021388$15.2B
Q3 2021375$15.2B
Q2 2021367$15.5B
Q1 2021362$16.1B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q1 2025.

Institutions holding QSR in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Main Street Group, LTD1$660.00%00.0%Unchanged
Rakuten Securities, Inc.1$660.00%00.0%Unchanged
Safe Harbor Fiduciary, LLC1$660.00%00.0%Unchanged
Smallwood Wealth Investment Management, LLC2$1320.00%00.0%Unchanged
Zions Bancorporation, National Association4$2650.00%00.0%Unchanged
Manchester Capital Management LLC5$3320.00%+5New
IAG Wealth Partners, LLC6$3980.00%00.0%Unchanged
UMA Financial Services, Inc.8$5510.00%00.0%Unchanged
St Germain D J Co Inc10$6630.00%−43−81.1%Reduced
Rothschild Investment LLC10$6630.00%+10New
Raffa Wealth Management, LLC11$7290.00%00.0%Unchanged
Bessemer Group Inc15$1.00K0.00%−880−98.3%Reduced
Penserra Capital Management LLC27$1.00K0.00%00.0%Unchanged
True Wealth Design, LLC16$1.06K0.00%+3+23.1%Added
Private Wealth Management Group, LLC17$1.13K0.00%+17New
Millstone Evans Group, LLC18$1.19K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.19$1.27K0.00%+18+1,800.0%Added
Rossby Financial, LCC24$1.59K0.00%00.0%Unchanged
Ameritas Advisory Services, LLC28$1.84K0.00%+28New
Cape Investment Advisory, Inc.28$1.86K0.00%+28New
Optiver Holding B.V.29$1.92K0.00%+29New
Asset Dedication, LLC30$1.99K0.00%00.0%Unchanged
NewSquare Capital LLC33$2.19K0.00%+4+13.8%Added
Sierra Ocean, LLC36$2.39K0.00%00.0%Unchanged
Cornerstone Planning Group LLC35$2.39K0.00%+26+288.9%Added
Hughes Financial Services, LLC37$2.54K0.00%00.0%Unchanged
First Horizon Advisors, Inc.42$2.78K0.00%−1,873−97.8%Reduced
Gold Investment Management Ltd.49$3.31K0.00%00.0%Unchanged
Bell Investment Advisors, Inc53$3.51K0.00%00.0%Unchanged
Nalls Sherbakoff Group, LLC54$3.58K0.00%00.0%Unchanged
Whipplewood Advisors, LLC57$3.78K0.00%−33−36.7%Reduced
TSFG, LLC60$4.00K0.00%00.0%Unchanged
CoreCap Advisors, LLC63$4.18K0.00%−78−55.3%Reduced
Trust Co of Toledo NA69$4.57K0.00%+69New
Ridgewood Investments LLC70$4.64K0.00%00.0%Unchanged
Avalon Trust Co72$4.77K0.00%00.0%Unchanged
Twin Peaks Wealth Advisors, LLC74$4.80K0.00%+74New
JFS Wealth Advisors, LLC73$4.84K0.00%00.0%Unchanged
First Community Trust NA75$4.97K0.00%00.0%Unchanged
NBT Bank N A76$5.04K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC96$6.36K0.00%00.0%Unchanged
Salem Investment Counselors Inc100$6.69K0.00%00.0%Unchanged
Creative Financial Designs Inc104$6.89K0.00%00.0%Unchanged
Spire Wealth Management105$6.96K0.00%00.0%Unchanged
Harbor Investment Advisory, LLC108$7.16K0.00%00.0%Unchanged
Financial Management Professionals, Inc.108$7.23K0.00%00.0%Unchanged
Riggs Asset Managment Co. Inc.118$7.82K0.00%+118New
Golden State Wealth Management, LLC123$8.19K0.00%00.0%Unchanged
PMV Capital Advisers, LLC125$8.29K0.02%+125New
Indiana Trust & Investment Management CO127$8.42K0.00%00.0%Unchanged
Wealth Preservation Advisors, LLC131$8.68K0.01%+9+7.4%Added
Quest 10 Wealth Builders, Inc.132$8.75K0.01%00.0%Unchanged
Aspect Partners, LLC154$10.2K0.01%+154New
Hillsdale Investment Management Inc.170$11.3K0.00%00.0%Unchanged
Mechanics Financial Corp174$11.5K0.00%00.0%Unchanged
Sound Income Strategies, LLC177$11.7K0.00%00.0%Unchanged
Ogorek Anthony Joseph185$12.0K0.00%00.0%Unchanged
Fifth Third Bancorp184$12.2K0.00%+57+44.9%Added
Harbour Investments, Inc.197$13.1K0.00%00.0%Unchanged
GPS Wealth Strategies Group, LLC209$13.9K0.00%00.0%Unchanged
EverSource Wealth Advisors, LLC230$15.2K0.00%−149−39.3%Reduced
Pacifica Partners Inc.245$15.9K0.01%00.0%Unchanged
Annis Gardner Whiting Capital Advisors, LLC248$16.4K0.01%+248New
Farmers & Merchants Investments Inc261$17.3K0.00%00.0%Unchanged
Hartford Financial Management Inc.314$20.8K0.01%−141−31.0%Reduced
AdvisorNet Financial, Inc330$21.9K0.00%−248−42.9%Reduced
Global Retirement Partners, LLC377$25.0K0.00%+377New
Towarzystwo Funduszy Inwestycyjnych Pzu SA380$25.1K0.01%00.0%Unchanged
Smartleaf Asset Management LLC428$28.0K0.00%−117−21.5%Reduced
Brown Brothers Harriman & Co425$28.2K0.00%+425New
Valley National Advisers Inc495$32.0K0.01%00.0%Unchanged
City State Bank490$32.5K0.01%00.0%Unchanged
Legend Financial Advisors, Inc.500$33.1K0.02%+500New
CX Institutional514$34.0K0.00%+464+928.0%Added
Private Trust Co NA519$34.4K0.00%00.0%Unchanged
Cary Street Partner Investment Advisory LLC523$34.7K0.02%+523New
SBI Securities Co., Ltd.533$35.3K0.00%−14−2.6%Reduced
Parkside Financial Bank & Trust533$35.3K0.00%+33+6.6%Added
Ronald Blue Trust, Inc.543$36.0K0.00%00.0%Unchanged
Mount Yale Investment Advisors, LLC546$36.2K0.00%+546New
Hazlett, Burt & Watson, Inc.555$37.0K0.02%00.0%Unchanged
Umb Bank N A606$40.2K0.00%+200+49.3%Added
HM Payson & Co618$41.0K0.00%+232+60.1%Added
Bartlett & Co. Wealth Management LLC635$42.5K0.00%00.0%Unchanged
IFP Advisors, Inc647$42.9K0.00%+8+1.3%Added
Huntington National Bank688$45.6K0.00%−345−33.4%Reduced
New Vernon Capital Holdings II LLC707$46.9K0.02%+707New
Pflug Koory, LLC716$47.5K0.02%00.0%Unchanged
Massmutual Trust Co FSB732$48.5K0.00%−71−8.8%Reduced
Cromwell Holdings LLC741$49.5K0.03%−418−36.1%Reduced
Capital Analysts, LLC766$51.0K0.00%−186−19.5%Reduced
Bogart Wealth, LLC772$51.2K0.00%00.0%Unchanged
Pension & Wealth Management Advisors, Inc.922$61.1K0.02%+7+0.8%Added
S.A. Mason LLC1,000$66.3K0.03%00.0%Unchanged
Rosenberg Matthew Hamilton1,000$66.3K0.02%00.0%Unchanged
Grove Bank & Trust1,059$70.2K0.01%−4−0.4%Reduced
Crewe Advisors LLC1,070$71.0K0.01%00.0%Unchanged
Caitong International Asset Management Co., Ltd1,115$73.9K0.05%+255+29.7%Added
Farther Finance Advisors, LLC1,227$81.4K0.00%+235+23.7%Added
Natixis1,300$86.2K0.00%−808−38.3%Reduced