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 |
|---|---|---|---|---|---|
| Verition Fund Management LLC | 156,800 | $10.4M | 0.06% | +35,808+29.6% | Added |
| Treasurer of the State of North Carolina | 151,140 | $10.0M | 0.03% | +151,140 | New |
| Alta Capital Management LLC | 147,519 | $9.78M | 0.56% | +7,665+5.5% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 139,845 | $9.26M | 0.02% | −12,504−8.2% | Reduced |
| Alliancebernstein L.P. | 137,794 | $9.13M | 0.00% | +101,716+281.9% | Added |
| Price T Rowe Associates Inc | 132,202 | $8.76M | 0.00% | +132,202 | New |
| New York State Common Retirement Fund | 129,500 | $8.58M | 0.01% | +129,500 | New |
| Cullen/Frost Bankers, Inc. | 128,943 | $8.55M | 0.11% | +61,286+90.6% | Added |
| Capula Management Ltd | 124,539 | $8.26M | 0.10% | +124,539 | New |
| Armistice Capital, LLC | 124,391 | $8.25M | 0.31% | +124,391 | New |
| Public Employees Retirement System of Ohio | 120,184 | $7.97M | 0.03% | +66,473+123.8% | Added |
| Pictet Asset Management Holding SA | 118,719 | $7.86M | 0.01% | +4,073+3.6% | Added |
| Mn Services Vermogensbeheer B.V. | 116,300 | $7.70M | 0.05% | +8,900+8.3% | Added |
| Citigroup Inc | 112,418 | $7.44M | 0.01% | −47,784−29.8% | Reduced |
| Jane Street Group, LLC | 112,089 | $7.44M | 0.01% | −592,751−84.1% | Reduced |
| HSBC Holdings PLC | 111,847 | $7.42M | 0.00% | +14,759+15.2% | Added |
| BancorpSouth Bank | 111,601 | $7.40M | 0.49% | +36,820+49.2% | Added |
| Voya Investment Management LLC | 102,712 | $6.80M | 0.01% | +102,712 | New |
| Northwest & Ethical Investments L.P. | 102,105 | $6.76M | 0.17% | +6,486+6.8% | Added |
| Franklin Resources Inc | 94,141 | $6.25M | 0.00% | +3,356+3.7% | Added |
| Northwestern Mutual Wealth Management Co | 88,487 | $5.87M | 0.00% | +7,082+8.7% | Added |
| AIA Group Ltd | 88,015 | $5.83M | 0.13% | +15,094+20.7% | Added |
| Teachers Retirement System of the State of Kentucky | 86,700 | $5.75M | 0.05% | 00.0% | Unchanged |
| Massachusetts Financial Services Co | 81,494 | $5.40M | 0.00% | −506,723−86.1% | Reduced |
| Allspring Global Investments Holdings, LLC | 78,845 | $5.36M | 0.01% | +7,988+11.3% | Added |
| American Century Companies Inc | 75,670 | $5.02M | 0.00% | +20,706+37.7% | Added |
| Earnest Partners LLC | 74,778 | $4.96M | 0.02% | −5,739−7.1% | Reduced |
| Capricorn Fund Managers Ltd | 74,587 | $4.94M | 2.34% | −6,632−8.2% | Reduced |
| Louisbourg Investments Inc. | 74,109 | $4.91M | 1.16% | +7,440+11.2% | Added |
| Consolidated Capital Management, LLC | 73,162 | $4.85M | 1.75% | +2,592+3.7% | Added |
| Engineers Gate Manager LP | 72,880 | $4.83M | 0.06% | +59,984+465.1% | Added |
| Nebula Research & Development LLC | 69,833 | $4.63M | 0.39% | +69,833 | New |
| Primecap Management Co | 68,240 | $4.52M | 0.00% | −30,000−30.5% | Reduced |
| Forsta Ap-Fonden | 67,900 | $4.49M | 0.03% | −2,400−3.4% | Reduced |
| Partners Capital Investment Group, LLP | 63,878 | $4.23M | 0.17% | −81,909−56.2% | Reduced |
| Journey Advisory Group, LLC | 61,913 | $4.10M | 0.32% | −1,234−2.0% | Reduced |
| State Board of Administration of Florida Retirement System | 61,073 | $4.05M | 0.01% | +61,073 | New |
| Lansforsakringar Fondforvaltning AB (publ) | 61,067 | $4.04M | 0.02% | −6,443−9.5% | Reduced |
| Neuberger Berman Group LLC | 60,058 | $3.98M | 0.00% | −9,824−14.1% | Reduced |
| Qsemble Capital Management, LP | 59,648 | $3.95M | 0.38% | +59,648 | New |
| LPL Financial LLC | 58,965 | $3.91M | 0.00% | +5,967+11.3% | Added |
| Asset Management One Co.,Ltd. | 57,318 | $3.80M | 0.01% | +9,903+20.9% | Added |
| Creative Planning | 56,879 | $3.77M | 0.00% | −2,587−4.4% | Reduced |
| Russell Investments Group, Ltd. | 56,634 | $3.74M | 0.00% | −23,872−29.7% | Reduced |
| Utah Retirement Systems | 52,904 | $3.50M | 0.04% | +17,103+47.8% | Added |
| Toroso Investments, LLC | 52,443 | $3.48M | 0.02% | −15,265−22.5% | Reduced |
| SEI Investments Co | 52,335 | $3.47M | 0.00% | +34,162+188.0% | Added |
| Natixis Advisors, L.P. | 51,634 | $3.42M | 0.01% | +43+0.1% | Added |
| Cary Street Partners Financial LLC | 51,046 | $3.38M | 0.09% | +51,046 | New |
| Inkwell Capital LLC | 50,838 | $3.37M | 3.61% | −578−1.1% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 49,156 | $3.26M | 0.03% | +49,156 | New |
| Harvest Portfolios Group Inc. | 48,906 | $3.24M | 0.08% | +3,613+8.0% | Added |
| Iridian Asset Management LLC | 46,615 | $3.09M | 1.07% | −69,255−59.8% | Reduced |
| Qube Research & Technologies Ltd | 45,339 | $3.01M | 0.00% | −110,181−70.8% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 44,864 | $2.97M | 0.01% | 00.0% | Unchanged |
| Commerce Bank | 44,554 | $2.95M | 0.02% | +44,554 | New |
| Capital Group Investment Management Pte. Ltd. | 44,314 | $2.94M | 0.52% | +2,072+4.9% | Added |
| Gateway Investment Advisers LLC | 44,220 | $2.93M | 0.03% | +40.0% | Added |
| Quartz Partners, LLC | 42,751 | $2.83M | 1.30% | +5,709+15.4% | Added |
| DekaBank Deutsche Girozentrale | 42,344 | $2.79M | 0.00% | +523+1.3% | Added |
| Nichols & Pratt Advisers LLP | 41,873 | $2.78M | 0.19% | +6,005+16.7% | Added |
| Founders Capital Management, LLC | 41,816 | $2.77M | 0.47% | −118−0.3% | Reduced |
| Cetera Investment Advisers | 40,618 | $2.69M | 0.00% | +707+1.8% | Added |
| Stifel Financial Corp | 38,758 | $2.57M | 0.00% | −350−0.9% | Reduced |
| Savoir Faire Capital Management, L.P. | 37,032 | $2.45M | 1.19% | +10,497+39.6% | Added |
| STRS Ohio | 35,756 | $2.37M | 0.01% | +35,756 | New |
| Delta Global Management LP | 35,679 | $2.37M | 0.16% | +35,679 | New |
| Seascape Capital Management | 35,489 | $2.35M | 0.74% | +2,565+7.8% | Added |
| Truist Financial Corp | 35,059 | $2.32M | 0.00% | +99+0.3% | Added |
| Brinker Capital Investments, LLC | 34,576 | $2.29M | 0.02% | +11,074+47.1% | Added |
| Xponance, Inc. | 34,535 | $2.29M | 0.02% | +34,535 | New |
| Squarepoint Ops LLC | 34,214 | $2.27M | 0.00% | +11,122+48.2% | Added |
| Arkadios Wealth Advisors | 34,135 | $2.26M | 0.07% | +3,674+12.1% | Added |
| AXA S.A. | 33,199 | $2.20M | 0.01% | −24,875−42.8% | Reduced |
| Oppenheimer & Co Inc | 32,509 | $2.16M | 0.03% | +3,122+10.6% | Added |
| Commonwealth Equity Services, LLC | 32,405 | $2.15M | 0.00% | +2,803+9.5% | Added |
| SIG North Trading, ULC | 31,793 | $2.11M | 0.46% | +21,594+211.7% | Added |
| Public Sector Pension Investment Board | 31,745 | $2.10M | 0.01% | +400+1.3% | Added |
| Macquarie Group Ltd | 23,238 | $2.10M | 0.00% | 00.0% | Unchanged |
| Warren Averett Asset Management, LLC | 30,298 | $2.01M | 0.02% | +202+0.7% | Added |
| Aigen Investment Management, LP | 24,913 | $1.99M | 0.27% | +21,337+596.7% | Added |
| Assetmark, Inc | 29,470 | $1.95M | 0.00% | +1,059+3.7% | Added |
| Avanza Fonder AB | 21,589 | $1.95M | 0.06% | +1,663+8.3% | Added |
| USS Investment Management Ltd | 28,149 | $1.87M | 0.01% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 25,846 | $1.86M | 0.00% | −5,988−18.8% | Reduced |
| Entropy Technologies, LP | 27,635 | $1.83M | 0.15% | +27,635 | New |
| Wiley Bros.-Aintree Capital, LLC | 26,406 | $1.76M | 0.01% | +12,051+83.9% | Added |
| Landscape Capital Management, L.L.C. | 25,964 | $1.72M | 0.14% | +25,964 | New |
| Wealth Enhancement Advisory Services, LLC | 24,824 | $1.71M | 0.00% | −831−3.2% | Reduced |
| Bennett Selby Investments LP | 25,650 | $1.70M | 0.61% | −365−1.4% | Reduced |
| Capital Fund Management S.A. | 25,547 | $1.69M | 0.02% | +11,094+76.8% | Added |
| CI Private Wealth, LLC | 25,200 | $1.67M | 0.00% | −1,617−6.0% | Reduced |
| Callahan Advisors, LLC | 25,030 | $1.66M | 0.15% | 00.0% | Unchanged |
| M&T Bank Corp | 24,623 | $1.63M | 0.01% | +421+1.7% | Added |
| Moloney Securities Asset Management, LLC | 23,474 | $1.56M | 0.19% | +205+0.9% | Added |
| Wellington Management Group LLP | 23,405 | $1.55M | 0.00% | +4,220+22.0% | Added |
| Aspire Private Capital, LLC | 23,211 | $1.54M | 0.36% | +1,422+6.5% | Added |
| Quantinno Capital Management LP | 22,885 | $1.52M | 0.01% | −10,872−32.2% | Reduced |
| Lee Financial Co | 22,421 | $1.49M | 0.21% | +2,102+10.3% | Added |
| Virtu Financial LLC | 22,316 | $1.48M | 0.08% | +22,316 | New |