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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
Mechanics Financial Corp174$11.5K0.00%00.0%Unchanged
Hillsdale Investment Management Inc.170$11.3K0.00%00.0%Unchanged
Aspect Partners, LLC154$10.2K0.01%+154New
Quest 10 Wealth Builders, Inc.132$8.75K0.01%00.0%Unchanged
Wealth Preservation Advisors, LLC131$8.68K0.01%+9+7.4%Added
Indiana Trust & Investment Management CO127$8.42K0.00%00.0%Unchanged
PMV Capital Advisers, LLC125$8.29K0.02%+125New
Golden State Wealth Management, LLC123$8.19K0.00%00.0%Unchanged
Riggs Asset Managment Co. Inc.118$7.82K0.00%+118New
Financial Management Professionals, Inc.108$7.23K0.00%00.0%Unchanged
Harbor Investment Advisory, LLC108$7.16K0.00%00.0%Unchanged
Spire Wealth Management105$6.96K0.00%00.0%Unchanged
Creative Financial Designs Inc104$6.89K0.00%00.0%Unchanged
Salem Investment Counselors Inc100$6.69K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC96$6.36K0.00%00.0%Unchanged
NBT Bank N A76$5.04K0.00%00.0%Unchanged
First Community Trust NA75$4.97K0.00%00.0%Unchanged
JFS Wealth Advisors, LLC73$4.84K0.00%00.0%Unchanged
Twin Peaks Wealth Advisors, LLC74$4.80K0.00%+74New
Avalon Trust Co72$4.77K0.00%00.0%Unchanged
Ridgewood Investments LLC70$4.64K0.00%00.0%Unchanged
Trust Co of Toledo NA69$4.57K0.00%+69New
CoreCap Advisors, LLC63$4.18K0.00%−78−55.3%Reduced
TSFG, LLC60$4.00K0.00%00.0%Unchanged
Whipplewood Advisors, LLC57$3.78K0.00%−33−36.7%Reduced
Nalls Sherbakoff Group, LLC54$3.58K0.00%00.0%Unchanged
Bell Investment Advisors, Inc53$3.51K0.00%00.0%Unchanged
Gold Investment Management Ltd.49$3.31K0.00%00.0%Unchanged
First Horizon Advisors, Inc.42$2.78K0.00%−1,873−97.8%Reduced
Hughes Financial Services, LLC37$2.54K0.00%00.0%Unchanged
Sierra Ocean, LLC36$2.39K0.00%00.0%Unchanged
Cornerstone Planning Group LLC35$2.39K0.00%+26+288.9%Added
NewSquare Capital LLC33$2.19K0.00%+4+13.8%Added
Asset Dedication, LLC30$1.99K0.00%00.0%Unchanged
Optiver Holding B.V.29$1.92K0.00%+29New
Cape Investment Advisory, Inc.28$1.86K0.00%+28New
Ameritas Advisory Services, LLC28$1.84K0.00%+28New
Rossby Financial, LCC24$1.59K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.19$1.27K0.00%+18+1,800.0%Added
Millstone Evans Group, LLC18$1.19K0.00%00.0%Unchanged
Private Wealth Management Group, LLC17$1.13K0.00%+17New
True Wealth Design, LLC16$1.06K0.00%+3+23.1%Added
Bessemer Group Inc15$1.00K0.00%−880−98.3%Reduced
Penserra Capital Management LLC27$1.00K0.00%00.0%Unchanged
Raffa Wealth Management, LLC11$7290.00%00.0%Unchanged
St Germain D J Co Inc10$6630.00%−43−81.1%Reduced
Rothschild Investment LLC10$6630.00%+10New
UMA Financial Services, Inc.8$5510.00%00.0%Unchanged
IAG Wealth Partners, LLC6$3980.00%00.0%Unchanged
Manchester Capital Management LLC5$3320.00%+5New
Zions Bancorporation, National Association4$2650.00%00.0%Unchanged
Smallwood Wealth Investment Management, LLC2$1320.00%00.0%Unchanged
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
Citadel Advisors LLC0$00.00%−4,212,323−100.0%Sold out
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−1,400,000−100.0%Sold out
MUFG Securities EMEA plc0$00.00%−119,999−100.0%Sold out
Murchinson Ltd.0$00.00%−146,832−100.0%Sold out
Davidson Kempner Capital Management LP0$00.00%−127,755−100.0%Sold out
Varma Mutual Pension Insurance Co0$00.00%−122,929−100.0%Sold out
Simcoe Capital Management, LLC0$00.00%−120,095−100.0%Sold out
D1 Capital Partners L.P.SuperinvestorD1 Capital Partners0$00.00%−92,833−100.0%Sold out
Interval Partners, LP0$00.00%−75,859−100.0%Sold out
Simplex Trading, LLC0$00.00%−74,760−100.0%Sold out
Marshall Wace, LLP0$00.00%−61,358−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−55,054−100.0%Sold out
Schonfeld Strategic Advisors LLC0$00.00%−50,918−100.0%Sold out
Walleye Trading LLC0$00.00%−38,369−100.0%Sold out
Holocene Advisors, LP0$00.00%−25,053−100.0%Sold out
HighVista Strategies LLC0$00.00%−20,300−100.0%Sold out
Dock Street Asset Management Inc0$00.00%−16,332−100.0%Sold out
Bayesian Capital Management, LP0$00.00%−12,600−100.0%Sold out
TownSquare Capital, LLC0$00.00%−12,089−100.0%Sold out
GWN Securities Inc.0$00.00%−11,399−100.0%Sold out
Sanders Morris Harris LLC0$00.00%−10,250−100.0%Sold out
United Services Automobile Association0$00.00%−10,034−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−8,833−100.0%Sold out
Arrowpoint Investment Partners (Singapore) Pte. Ltd.0$00.00%−8,755−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−7,667−100.0%Sold out
Jump Financial, LLC0$00.00%−6,488−100.0%Sold out
Stratos Wealth Partners, LTD.0$00.00%−6,155−100.0%Sold out
Gagnon Securities LLC0$00.00%−5,658−100.0%Sold out
Asahi Life Asset Management Co., Ltd.0$00.00%−5,480−100.0%Sold out
Thoroughbred Financial Services, LLC0$00.00%−5,092−100.0%Sold out
Cresset Asset Management, LLC0$00.00%−5,040−100.0%Sold out
Advisor Resource Council0$00.00%−4,992−100.0%Sold out
Philip James Wealth Mangement, LLC0$00.00%−4,963−100.0%Sold out
Harbour Capital Advisors, LLC0$00.00%−4,290−100.0%Sold out
MQS Management LLC0$00.00%−4,364−100.0%Sold out
Sigma Planning Corp0$00.00%−4,352−100.0%Sold out
Cutter & CO Brokerage, Inc.0$00.00%−3,751−100.0%Sold out
Perbak Capital Partners LLP0$00.00%−3,687−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−3,235−100.0%Sold out
Procyon Private Wealth Partners, LLC0$00.00%−3,041−100.0%Sold out
SG Americas Securities, LLC0$00.00%−2,774−100.0%Sold out
Acadian Asset Management LLC0$00.00%−1,400−100.0%Sold out
Plato Investment Management Ltd0$00.00%−849−100.0%Sold out
Boston Private Wealth LLC0$00.00%−834−100.0%Sold out
Larson Financial Group LLC0$00.00%−781−100.0%Sold out