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.
| 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, Q2 2025
Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Millennium Management LLC | 818,947 | $54.3M | 0.05% | +302,614+58.6% | Added |
| Manufacturers Life Insurance Company, The | 827,060 | $54.6M | 0.05% | −349,735−29.7% | Reduced |
| Bank of New York Mellon Corp | 841,292 | $55.8M | 0.01% | +485,166+136.2% | Added |
| Corvex Management LP | 873,183 | $57.9M | 2.45% | +873,183 | New |
| River Road Asset Management, LLC | 863,170 | $58.6M | 0.74% | +409,934+90.4% | Added |
| Charles Schwab Investment Management Inc | 908,004 | $60.1M | 0.01% | +143,900+18.8% | Added |
| Northern Trust Corp | 911,416 | $60.4M | 0.01% | +597,820+190.6% | Added |
| Epoch Investment Partners, Inc. | 927,432 | $61.5M | 0.32% | −43,286−4.5% | Reduced |
| Swiss National Bank | 945,730 | $62.5M | 0.04% | +70,400+8.0% | Added |
| Woodline Partners LP | 948,519 | $62.9M | 0.33% | +871,521+1,131.9% | Added |
| Aviso Financial Inc. | 958,434 | $63.6M | 2.87% | +5,248+0.6% | Added |
| RDST Capital LLC | 968,064 | $64.2M | 6.41% | −250,600−20.6% | Reduced |
| Alberta Investment Management Corp | 1,070,500 | $71.0M | 0.56% | −311,330−22.5% | Reduced |
| Dimensional Fund Advisors LP | 1,098,563 | $72.8M | 0.02% | +53,169+5.1% | Added |
| UBS Asset Management Americas Inc | 1,123,651 | $74.5M | 0.02% | +411,698+57.8% | Added |
| Guardian Capital LP | 1,146,048 | $75.9M | 2.68% | +28,365+2.5% | Added |
| Toronto Dominion Bank | 1,151,580 | $76.4M | 0.16% | +82,342+7.7% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 1,224,721 | $81.3M | 0.29% | −114,402−8.5% | Reduced |
| TD Waterhouse Canada Inc. | 1,219,838 | $82.7M | 0.59% | +12,256+1.0% | Added |
| Bank of Nova Scotia | 1,302,022 | $86.3M | 0.18% | −366,726−22.0% | Reduced |
| Scotia Capital Inc. | 1,498,889 | $99.1M | 0.47% | +17,817+1.2% | Added |
| Legal & General Group Plc | 1,509,601 | $99.9M | 0.02% | −19,998−1.3% | Reduced |
| JPMorgan Chase & Co | 1,530,765 | $101.5M | 0.01% | +38,961+2.6% | Added |
| Burgundy Asset Management Ltd. | 1,586,110 | $105.0M | 1.02% | −6,392−0.4% | Reduced |
| Mackenzie Financial Corp | 1,926,427 | $127.9M | 0.17% | −2,986,380−60.8% | Reduced |
| CIBC Asset Management Inc | 2,287,372 | $152.3M | 0.48% | −861,696−27.4% | Reduced |
| Bank of America Corp | 2,339,967 | $155.1M | 0.01% | +826,642+54.6% | Added |
| Canoe Financial LP | 2,539,975 | $168.6M | 2.40% | +232,624+10.1% | Added |
| Capital Research Global Investors | 2,591,542 | $171.8M | 0.03% | −3,009,488−53.7% | Reduced |
| CIBC World Markets Inc. | 2,708,154 | $179.5M | 0.40% | −917,820−25.3% | Reduced |
| Canada Pension Plan Investment Board | 2,855,081 | $189.5M | 0.16% | +1,029,500+56.4% | Added |
| State Street Corp | 2,997,344 | $198.7M | 0.01% | +2,966,048+9,477.4% | Added |
| Meritage Group LP | 3,280,877 | $217.5M | 5.96% | −20,812−0.6% | Reduced |
| Invesco Ltd. | 3,291,340 | $218.2M | 0.04% | +646,583+24.4% | Added |
| Jarislowsky, Fraser Ltd | 3,411,337 | $225.8M | 1.29% | −2,813,702−45.2% | Reduced |
| Davis Selected Advisers | 3,419,715 | $226.7M | 1.21% | +47,204+1.4% | Added |
| National Bank of Canada | 3,576,889 | $236.5M | 0.26% | −395,092−9.9% | Reduced |
| Norges Bank | 3,842,462 | $254.9M | 0.03% | −349,389−8.3% | Reduced |
| Baupost Group LLCSuperinvestorBaupost Group | 4,049,562 | $268.4M | 6.50% | +163,000+4.2% | Added |
| Morgan Stanley | 4,115,907 | $272.8M | 0.02% | +2,131,963+107.5% | Added |
| Fiera Capital Corp | 4,221,623 | $279.9M | 0.95% | +2,147+0.1% | Added |
| Geode Capital Management, LLC | 4,296,050 | $286.2M | 0.02% | +2,277,694+112.8% | Added |
| TD Asset Management Inc | 5,486,897 | $363.2M | 0.31% | +855,436+18.5% | Added |
| Beutel, Goodman & Co Ltd. | 5,624,674 | $372.4M | 2.12% | −173,893−3.0% | Reduced |
| FIL Ltd | 5,746,631 | $381.2M | 0.33% | +380,073+7.1% | Added |
| 1832 Asset Management L.P. | 6,840,030 | $453.4M | 0.79% | −119,727−1.7% | Reduced |
| BlackRock, Inc. | 7,117,775 | $471.8M | 0.01% | +6,882,031+2,919.3% | Added |
| FMR LLC | 9,095,773 | $603.3M | 0.03% | +1,013,743+12.5% | Added |
| Goldman Sachs Group Inc | 9,904,392 | $656.6M | 0.11% | +1,795,865+22.1% | Added |
| Bank of Montreal | 11,321,433 | $751.5M | 0.38% | −46,207−0.4% | Reduced |
| EdgePoint Investment Group Inc. | 12,919,854 | $857.6M | 6.49% | −795,750−5.8% | Reduced |
| Vanguard Group Inc | 15,303,726 | $1.02B | 0.02% | +1,134,665+8.0% | Added |
| Royal Bank of Canada | 21,107,913 | $1.40B | 0.27% | −1,518,722−6.7% | Reduced |
| Pershing Square Capital Management, L.P. | 23,000,914 | $1.52B | 11.11% | 00.0% | Unchanged |
| Capital World Investors | 43,010,053 | $2.85B | 0.41% | +424,465+1.0% | Added |
| Citadel Advisors LLC | 0 | $0 | 0.00% | −4,212,323−100.0% | Sold out |
| Healthcare of Ontario Pension Plan Trust Fund | 0 | $0 | 0.00% | −1,400,000−100.0% | Sold out |
| MUFG Securities EMEA plc | 0 | $0 | 0.00% | −119,999−100.0% | Sold out |
| Murchinson Ltd. | 0 | $0 | 0.00% | −146,832−100.0% | Sold out |
| Davidson Kempner Capital Management LP | 0 | $0 | 0.00% | −127,755−100.0% | Sold out |
| Varma Mutual Pension Insurance Co | 0 | $0 | 0.00% | −122,929−100.0% | Sold out |
| Simcoe Capital Management, LLC | 0 | $0 | 0.00% | −120,095−100.0% | Sold out |
| D1 Capital Partners L.P.SuperinvestorD1 Capital Partners | 0 | $0 | 0.00% | −92,833−100.0% | Sold out |
| Interval Partners, LP | 0 | $0 | 0.00% | −75,859−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −74,760−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −61,358−100.0% | Sold out |
| Boothbay Fund Management, LLC | 0 | $0 | 0.00% | −55,054−100.0% | Sold out |
| Schonfeld Strategic Advisors LLC | 0 | $0 | 0.00% | −50,918−100.0% | Sold out |
| Walleye Trading LLC | 0 | $0 | 0.00% | −38,369−100.0% | Sold out |
| Holocene Advisors, LP | 0 | $0 | 0.00% | −25,053−100.0% | Sold out |
| HighVista Strategies LLC | 0 | $0 | 0.00% | −20,300−100.0% | Sold out |
| Dock Street Asset Management Inc | 0 | $0 | 0.00% | −16,332−100.0% | Sold out |
| Bayesian Capital Management, LP | 0 | $0 | 0.00% | −12,600−100.0% | Sold out |
| TownSquare Capital, LLC | 0 | $0 | 0.00% | −12,089−100.0% | Sold out |
| GWN Securities Inc. | 0 | $0 | 0.00% | −11,399−100.0% | Sold out |
| Sanders Morris Harris LLC | 0 | $0 | 0.00% | −10,250−100.0% | Sold out |
| United Services Automobile Association | 0 | $0 | 0.00% | −10,034−100.0% | Sold out |
| Fox Run Management, L.L.C. | 0 | $0 | 0.00% | −8,833−100.0% | Sold out |
| Arrowpoint Investment Partners (Singapore) Pte. Ltd. | 0 | $0 | 0.00% | −8,755−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −7,667−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −6,488−100.0% | Sold out |
| Stratos Wealth Partners, LTD. | 0 | $0 | 0.00% | −6,155−100.0% | Sold out |
| Gagnon Securities LLC | 0 | $0 | 0.00% | −5,658−100.0% | Sold out |
| Asahi Life Asset Management Co., Ltd. | 0 | $0 | 0.00% | −5,480−100.0% | Sold out |
| Thoroughbred Financial Services, LLC | 0 | $0 | 0.00% | −5,092−100.0% | Sold out |
| Cresset Asset Management, LLC | 0 | $0 | 0.00% | −5,040−100.0% | Sold out |
| Advisor Resource Council | 0 | $0 | 0.00% | −4,992−100.0% | Sold out |
| Philip James Wealth Mangement, LLC | 0 | $0 | 0.00% | −4,963−100.0% | Sold out |
| Harbour Capital Advisors, LLC | 0 | $0 | 0.00% | −4,290−100.0% | Sold out |
| MQS Management LLC | 0 | $0 | 0.00% | −4,364−100.0% | Sold out |
| Sigma Planning Corp | 0 | $0 | 0.00% | −4,352−100.0% | Sold out |
| Cutter & CO Brokerage, Inc. | 0 | $0 | 0.00% | −3,751−100.0% | Sold out |
| Perbak Capital Partners LLP | 0 | $0 | 0.00% | −3,687−100.0% | Sold out |
| Jefferies Financial Group Inc. | 0 | $0 | 0.00% | −3,235−100.0% | Sold out |
| Procyon Private Wealth Partners, LLC | 0 | $0 | 0.00% | −3,041−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −2,774−100.0% | Sold out |
| Acadian Asset Management LLC | 0 | $0 | 0.00% | −1,400−100.0% | Sold out |
| Plato Investment Management Ltd | 0 | $0 | 0.00% | −849−100.0% | Sold out |
| Boston Private Wealth LLC | 0 | $0 | 0.00% | −834−100.0% | Sold out |
| Larson Financial Group LLC | 0 | $0 | 0.00% | −781−100.0% | Sold out |