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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
Stonehage Fleming Financial Services Holdings Ltd1,300$86.2K0.00%00.0%Unchanged
Bay Harbor Wealth Management, LLC1,334$89.2K0.03%+56+4.4%Added
Allworth Financial LP1,521$100.8K0.00%−6−0.4%Reduced
Bank Julius Baer & Co. Ltd, Zurich1,118$101.0K0.00%−410−26.8%Reduced
CWM, LLC1,568$104.0K0.00%−238−13.2%Reduced
Andra AP-fonden1,200$108.4K0.00%+1,200New
Parallel Advisors, LLC1,656$109.8K0.00%−718−30.2%Reduced
Byrne Asset Management LLC–$118.0K0.08%––
Park Square Financial Group, LLC1,832$121.4K0.09%−64−3.4%Reduced
GWM Advisors LLC1,846$122.4K0.00%+2+0.1%Added
Steward Partners Investment Advisory, LLC1,868$123.8K0.00%−40−2.1%Reduced
GAMMA Investing LLC1,988$131.8K0.01%+619+45.2%Added
Caldwell Sutter Capital, Inc.2,111$139.9K0.06%00.0%Unchanged
Versant Capital Management, Inc2,252$149.3K0.02%−153−6.4%Reduced
GeoWealth Management, LLC2,637$174.8K0.01%−450−14.6%Reduced
Pacer Advisors, Inc.2,825$187.4K0.00%−77−2.7%Reduced
Parallax Volatility Advisers, L.P.2,847$188.7K0.01%+2,847New
Advisors Asset Management, Inc.3,001$198.9K0.00%−1,953−39.4%Reduced
Strategic Wealth Partners, Ltd.3,032$201.0K0.02%+3,032New
Coldstream Capital Management Inc3,039$201.4K0.00%+1,587+109.3%Added
Concurrent Investment Advisors, LLC3,092$204.9K0.00%−735−19.2%Reduced
Jones Financial Companies LLLP3,148$205.7K0.00%+924+41.5%Added
Hantz Financial Services, Inc.3,365$223.0K0.00%−24−0.7%Reduced
Oppenheimer Asset Management Inc.3,390$224.7K0.00%−17−0.5%Reduced
Assenagon Asset Management S.A.3,444$228.0K0.00%+3,444New
Davenport & Co LLC3,478$230.5K0.00%−115−3.2%Reduced
Synovus Financial Corp3,478$230.6K0.00%00.0%Unchanged
Dimension Capital Management LLC3,501$232.1K0.04%00.0%Unchanged
AQR Capital Management LLC3,516$233.1K0.00%−36−1.0%Reduced
Robertson Stephens Wealth Management, LLC3,490$233.5K0.01%00.0%Unchanged
Sanctuary Advisors, LLC3,539$234.6K0.00%+3,539New
Phillips Wealth Planners LLC3,442$234.7K0.21%+30+0.9%Added
First Trust Advisors LP3,569$236.6K0.00%−87−2.4%Reduced
Erste Asset Management GmbH3,800$248.3K0.00%+3,800New
Avantax Advisory Services, Inc.3,808$252.4K0.00%+752+24.6%Added
HRT Financial LP3,857$255.0K0.00%−287,651−98.7%Reduced
Cardinal Point Capital Management, ULC3,902$258.4K0.02%+3,902New
HighTower Advisors, LLC3,920$259.8K0.00%+628+19.1%Added
Tower Research Capital LLC (TRC)3,923$260.1K0.01%−25,380−86.6%Reduced
Vise Technologies, Inc.3,999$265.1K0.01%+3,999New
Winton Group Ltd4,000$265.2K0.01%+4,000New
Hardy Reed LLC4,032$267.3K0.02%+4,032New
Syon Capital LLC4,052$268.6K0.02%−197−4.6%Reduced
FSM Wealth Advisors, LLC3,981$270.2K0.04%+53+1.3%Added
Private Advisor Group, LLC4,120$273.1K0.00%+272+7.1%Added
Waldron Private Wealth LLC4,150$277.7K0.01%00.0%Unchanged
Burney Co4,491$297.7K0.01%−2,453−35.3%Reduced
Chase Investment Counsel Corp4,503$298.0K0.10%−125−2.7%Reduced
Wetherby Asset Management Inc4,549$301.6K0.01%+4,549New
Tacita Capital Inc4,561$302.4K0.19%−3,430−42.9%Reduced
MAI Capital Management4,595$304.6K0.00%+180+4.1%Added
Ritholtz Wealth Management4,983$330.3K0.01%+174+3.6%Added
Envestnet Portfolio Solutions, Inc.5,001$331.5K0.00%−345−6.5%Reduced
Sowell Financial Services LLC5,022$332.9K0.01%+1,929+62.4%Added
Richard W. Paul & Associates, LLC5,038$334.0K0.12%−37−0.7%Reduced
Argonautica Private Wealth Management, Inc5,048$334.6K0.11%−43−0.8%Reduced
Bryn Mawr Trust Co5,235$347.0K0.01%00.0%Unchanged
Atria Investments LLC5,250$348.0K0.00%+565+12.1%Added
Cigna Investments Inc5,506$364.0K0.06%−5−0.1%Reduced
Shelton Capital Management5,559$368.5K0.01%00.0%Unchanged
Beverly Hills Private Wealth, LLC5,572$369.4K0.07%−358−6.0%Reduced
TD Private Client Wealth LLC5,675$376.2K0.01%+96+1.7%Added
Cumberland Partners Ltd5,700$377.3K0.03%+1,800+46.2%Added
Janney Montgomery Scott LLC5,949$394.0K0.00%+60+1.0%Added
Principal Securities, Inc.6,054$401.3K0.01%−3,095−33.8%Reduced
Signaturefd, LLC6,137$406.8K0.01%−1,691−21.6%Reduced
Knollwood Investment Advisory, LLC6,278$416.2K0.04%00.0%Unchanged
Exencial Wealth Advisors, LLC6,352$421.1K0.01%−716−10.1%Reduced
Strategic Investment Advisors6,628$433.7K0.04%−1,552−19.0%Reduced
Geneos Wealth Management Inc.6,621$438.9K0.01%+6,508+5,759.3%Added
Benjamin Edwards Inc6,647$440.7K0.01%+701+11.8%Added
Raleigh Capital Management Inc.6,937$459.9K0.19%+151+2.2%Added
Lebenthal Global Advisors, LLC6,986$463.1K0.09%−165−2.3%Reduced
UniSuper Management Pty Ltd5,200$469.7K0.00%−700−11.9%Reduced
Probity Advisors, Inc.7,147$473.8K0.08%+20.0%Added
Yousif Capital Management, LLC7,197$477.1K0.01%+3,819+113.1%Added
US Bancorp7,434$492.8K0.00%−611−7.6%Reduced
Pathstone Holdings, LLC7,471$495.6K0.00%−6,911−48.1%Reduced
MML Investors Services, LLC7,594$503.0K0.00%−71−0.9%Reduced
Legacy Wealth Asset Management, LLC7,676$508.8K0.13%+133+1.8%Added
Roundview Capital LLC7,754$514.0K0.03%−90−1.1%Reduced
Sequoia Financial Advisors, LLC7,797$516.9K0.00%+2,118+37.3%Added
New England Research & Management, Inc.7,949$527.0K0.25%−100−1.2%Reduced
Intech Investment Management LLC8,001$529.7K0.00%−145−1.8%Reduced
Guardian Partners Inc.7,892$532.1K0.05%+1,102+16.2%Added
Sterling Capital Management LLC8,121$538.3K0.01%+8,121New
D.A. Davidson & Co.8,296$550.0K0.00%+10.0%Added
Ossiam8,530$564.7K0.01%−8,357−49.5%Reduced
Captrust Financial Advisors8,657$573.9K0.00%−1,445−14.3%Reduced
Sumitomo Life Insurance Co8,722$578.2K0.04%−451−4.9%Reduced
Sumitomo Mitsui DS Asset Management Company, Ltd8,722$578.2K0.01%−451−4.9%Reduced
Prospera Financial Services Inc8,817$584.9K0.01%+2,849+47.7%Added
Novare Capital Management LLC8,827$585.1K0.05%−60,776−87.3%Reduced
Cullen Investment Group, Ltd.8,948$593.2K0.08%+10+0.1%Added
Cambridge Investment Research Advisors, Inc.9,145$606.0K0.00%+546+6.3%Added
BKM Wealth Management, LLC9,164$607.5K0.24%−228−2.4%Reduced
Mercer Global Advisors Inc9,190$609.2K0.00%−2,450−21.0%Reduced
Redwood Investment Management, LLC9,500$630.0K0.07%−6,294−39.9%Reduced
AE Wealth Management LLC9,631$638.5K0.00%−229−2.3%Reduced
HB Wealth Management, LLC9,657$640.2K0.01%+1,770+22.4%Added