Skip to main content

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
Fiduciary Family Office, LLC9,726$644.7K0.21%−6,942−41.6%Reduced
Kestra Advisory Services, LLC10,128$671.4K0.00%−502−4.7%Reduced
JustInvest LLC10,330$684.8K0.01%+239+2.4%Added
O'Shaughnessy Asset Management, LLC10,459$693.3K0.00%−421−3.9%Reduced
Wolverine Asset Management LLC10,833$718.1K0.01%+2,426+28.9%Added
Generali Asset Management SPA SGR7,975$720.4K0.02%+290+3.8%Added
Lombard Odier Asset Management (Switzerland) SA11,041$732.9K0.04%00.0%Unchanged
Boston Partners21,542$744.6K0.00%+1,670+8.4%Added
Oxford Asset Management LLP11,263$746.6K0.25%+5,611+99.3%Added
Quadrant Capital Group LLC11,281$748.0K0.03%−1,657−12.8%Reduced
Kendall Capital Management11,725$777.3K0.21%+105+0.9%Added
Banco Santander, S.A.11,787$781.4K0.01%−3,521−23.0%Reduced
NBC Securities, Inc.12,198$808.0K0.07%+714+6.2%Added
Campbell & CO Investment Adviser LLC12,280$814.0K0.05%−7,538−38.0%Reduced
Leonteq Securities AG12,492$828.1K0.05%−2,161−14.7%Reduced
Maverick Capital LtdSuperinvestorMaverick Capital12,636$837.6K0.01%+12,636New
Bridgewater Associates, LP13,010$861.3K0.00%−10,156−43.8%Reduced
Aspiriant, LLC13,088$867.6K0.03%+30.0%Added
Metis Global Partners, LLC13,270$880.2K0.02%+1,357+11.4%Added
ASR Vermogensbeheer N.V.13,364$884.7K0.01%00.0%Unchanged
Waterfront Wealth Inc.13,511$895.6K0.20%−538−3.8%Reduced
The PNC Financial Services Group, Inc.14,159$938.6K0.00%−122−0.9%Reduced
Gluskin Sheff & Assoc Inc14,189$941.0K0.11%−17,434−55.1%Reduced
111 Capital14,275$947.7K0.16%+14,275New
CIBC Private Wealth Group, LLC14,310$948.6K0.00%−15,505−52.0%Reduced
Gulf International Bank (UK) Ltd14,686$974.0K0.03%−2,980−16.9%Reduced
MetLife Investment Management14,778$979.6K0.01%+14,778New
Gotham Asset Management, LLC14,788$980.3K0.01%+3,260+28.3%Added
Walleye Capital LLC14,959$991.6K0.01%+8,962+149.4%Added
Resources Investment Advisors, LLC.15,054$997.9K0.01%+4,236+39.2%Added
Principal Financial Group Inc15,537$1.03M0.00%+15,537New
Maryland State Retirement & Pension System15,725$1.04M0.02%+15,725New
Hutner Capital Management Inc15,954$1.06M0.48%−5,706−26.3%Reduced
Royal London Asset Management Ltd16,189$1.07M0.00%00.0%Unchanged
Braun Stacey Associates Inc16,269$1.08M0.04%+19+0.1%Added
Prudential Financial Inc16,310$1.09M0.00%+16,310New
Westerkirk Capital Inc.16,590$1.10M0.14%+16,590New
Alerus Financial NA17,503$1.16M0.08%−96−0.5%Reduced
Crossmark Global Holdings, Inc.17,717$1.17M0.02%+11+0.1%Added
Capstone Investment Advisors, LLC17,890$1.19M0.01%+17,890New
Blueshift Asset Management, LLC18,432$1.22M0.38%+18,432New
Swiss Life Asset Management Ltd18,477$1.23M0.01%−3,588−16.3%Reduced
Wolverine Trading, LLC18,847$1.23M0.03%−29,561−61.1%Reduced
Hudson Portfolio Management LLC19,042$1.26M1.18%−100−0.5%Reduced
Fiduciary Trust Co19,055$1.26M0.02%−1,634−7.9%Reduced
Allianz Asset Management GmbH14,843$1.28M0.00%−13,124−46.9%Reduced
BNP Paribas Arbitrage, SA19,496$1.29M0.00%+17,945+1,157.0%Added
Advisor Group Holdings, Inc.19,701$1.31M0.00%+5,704+40.8%Added
Investment Management Corp of Ontario19,938$1.32M0.02%−800−3.9%Reduced
Cerity Partners LLC20,186$1.34M0.00%−4,995−19.8%Reduced
California State Teachers Retirement System20,409$1.35M0.00%+20,409New
Mariner, LLC20,968$1.39M0.00%+1,268+6.4%Added
Susquehanna International Group, LLP21,471$1.42M0.00%−39,281−64.7%Reduced
Royal Fund Management, LLC21,930$1.45M0.16%−1,200−5.2%Reduced
Amalgamated Bank22,072$1.46M0.01%+22,072New
Virtu Financial LLC22,316$1.48M0.08%+22,316New
Lee Financial Co22,421$1.49M0.21%+2,102+10.3%Added
Quantinno Capital Management LP22,885$1.52M0.01%−10,872−32.2%Reduced
Aspire Private Capital, LLC23,211$1.54M0.36%+1,422+6.5%Added
Wellington Management Group LLP23,405$1.55M0.00%+4,220+22.0%Added
Moloney Securities Asset Management, LLC23,474$1.56M0.19%+205+0.9%Added
M&T Bank Corp24,623$1.63M0.01%+421+1.7%Added
Callahan Advisors, LLC25,030$1.66M0.15%00.0%Unchanged
CI Private Wealth, LLC25,200$1.67M0.00%−1,617−6.0%Reduced
Capital Fund Management S.A.25,547$1.69M0.02%+11,094+76.8%Added
Bennett Selby Investments LP25,650$1.70M0.61%−365−1.4%Reduced
Wealth Enhancement Advisory Services, LLC24,824$1.71M0.00%−831−3.2%Reduced
Landscape Capital Management, L.L.C.25,964$1.72M0.14%+25,964New
Wiley Bros.-Aintree Capital, LLC26,406$1.76M0.01%+12,051+83.9%Added
Entropy Technologies, LP27,635$1.83M0.15%+27,635New
Ameriprise Financial Inc25,846$1.86M0.00%−5,988−18.8%Reduced
USS Investment Management Ltd28,149$1.87M0.01%00.0%Unchanged
Avanza Fonder AB21,589$1.95M0.06%+1,663+8.3%Added
Assetmark, Inc29,470$1.95M0.00%+1,059+3.7%Added
Aigen Investment Management, LP24,913$1.99M0.27%+21,337+596.7%Added
Warren Averett Asset Management, LLC30,298$2.01M0.02%+202+0.7%Added
Macquarie Group Ltd23,238$2.10M0.00%00.0%Unchanged
Public Sector Pension Investment Board31,745$2.10M0.01%+400+1.3%Added
SIG North Trading, ULC31,793$2.11M0.46%+21,594+211.7%Added
Commonwealth Equity Services, LLC32,405$2.15M0.00%+2,803+9.5%Added
Oppenheimer & Co Inc32,509$2.16M0.03%+3,122+10.6%Added
AXA S.A.33,199$2.20M0.01%−24,875−42.8%Reduced
Arkadios Wealth Advisors34,135$2.26M0.07%+3,674+12.1%Added
Squarepoint Ops LLC34,214$2.27M0.00%+11,122+48.2%Added
Xponance, Inc.34,535$2.29M0.02%+34,535New
Brinker Capital Investments, LLC34,576$2.29M0.02%+11,074+47.1%Added
Truist Financial Corp35,059$2.32M0.00%+99+0.3%Added
Seascape Capital Management35,489$2.35M0.74%+2,565+7.8%Added
Delta Global Management LP35,679$2.37M0.16%+35,679New
STRS Ohio35,756$2.37M0.01%+35,756New
Savoir Faire Capital Management, L.P.37,032$2.45M1.19%+10,497+39.6%Added
Stifel Financial Corp38,758$2.57M0.00%−350−0.9%Reduced
Cetera Investment Advisers40,618$2.69M0.00%+707+1.8%Added
Founders Capital Management, LLC41,816$2.77M0.47%−118−0.3%Reduced
Nichols & Pratt Advisers LLP41,873$2.78M0.19%+6,005+16.7%Added
DekaBank Deutsche Girozentrale42,344$2.79M0.00%+523+1.3%Added
Quartz Partners, LLC42,751$2.83M1.30%+5,709+15.4%Added
Gateway Investment Advisers LLC44,220$2.93M0.03%+40.0%Added
Capital Group Investment Management Pte. Ltd.44,314$2.94M0.52%+2,072+4.9%Added
Commerce Bank44,554$2.95M0.02%+44,554New