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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, Q3 2025

Institutional positions in Restaurant Brands International Inc. as of Sep 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
464
+13 vs. Q2 2025
Shares held
290.1M
+8.92M (+3.2%) vs. Q2 2025
Total value
$18.6B
−$13.8M (−0.1%) vs. Q2 2025
New holders
64
183 more added
Sold out
51
148 more reduced

4 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 464 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 heldQ3 2025: $18.6B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q2 2025.

Institutions holding QSR in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Advisors Asset Management, Inc.1,346$86.3K0.00%−1,655−55.1%Reduced
Farther Finance Advisors, LLC1,371$87.9K0.00%+144+11.7%Added
Bay Harbor Wealth Management, LLC1,446$92.7K0.03%+112+8.4%Added
Natixis1,451$93.1K0.00%+151+11.6%Added
Allworth Financial LP1,458$93.5K0.00%−63−4.1%Reduced
Bank Julius Baer & Co. Ltd, Zurich1,532$98.3K0.00%+414+37.0%Added
Parallel Advisors, LLC1,594$102.3K0.00%−62−3.7%Reduced
Wealthspire Advisors, LLC1,617$103.7K0.00%+1,617New
Byrne Asset Management LLC1,780$114.2K0.07%––
Covestor Ltd1,820$117.0K0.06%+1,820New
Nisa Investment Advisors, LLC1,855$121.4K0.00%+1,855New
Bayforest Capital Ltd1,927$123.6K0.06%+1,927New
GAMMA Investing LLC1,935$124.1K0.01%−53−2.7%Reduced
Caldwell Sutter Capital, Inc.2,097$134.5K0.06%−14−0.7%Reduced
Steward Partners Investment Advisory, LLC2,128$136.5K0.00%+260+13.9%Added
Parallax Volatility Advisers, L.P.2,387$153.1K0.00%−460−16.2%Reduced
Advisory Services Network, LLC2,415$154.9K0.00%+2,415New
CWM, LLC2,563$164.0K0.00%+995+63.5%Added
Pacer Advisors, Inc.2,660$170.6K0.00%−165−5.8%Reduced
Strategic Wealth Partners, Ltd.3,032$194.5K0.01%00.0%Unchanged
HighTower Advisors, LLC3,176$203.7K0.00%−744−19.0%Reduced
Hantz Financial Services, Inc.3,306$212.0K0.00%−59−1.8%Reduced
Coldstream Capital Management Inc3,393$217.6K0.00%+354+11.6%Added
Oppenheimer Asset Management Inc.3,447$221.1K0.00%+57+1.7%Added
Synovus Financial Corp3,478$223.1K0.00%00.0%Unchanged
Dimension Capital Management LLC3,501$224.6K0.03%00.0%Unchanged
Robertson Stephens Wealth Management, LLC3,490$226.0K0.01%00.0%Unchanged
Vise Technologies, Inc.3,593$230.5K0.01%−406−10.2%Reduced
We Are One Seven, LLC3,631$232.9K0.01%+3,631New
Whetstone Capital Advisors, LLC3,647$233.9K0.06%+3,647New
XTX Topco Ltd3,677$235.8K0.01%+3,677New
Chase Investment Counsel Corp3,747$240.0K0.07%−756−16.8%Reduced
Cardinal Point Capital Management, ULC3,902$250.2K0.02%00.0%Unchanged
Burney Co3,960$254.0K0.01%−531−11.8%Reduced
FSM Wealth Advisors, LLC4,020$257.8K0.04%+39+1.0%Added
Sanctuary Advisors, LLC4,046$259.5K0.00%+507+14.3%Added
Wetherby Asset Management Inc4,102$263.1K0.01%−447−9.8%Reduced
Jones Financial Companies LLLP4,106$266.5K0.00%+958+30.4%Added
Waldron Private Wealth LLC4,150$268.8K0.01%00.0%Unchanged
Private Advisor Group, LLC4,215$270.4K0.00%+95+2.3%Added
Bryn Mawr Trust Co4,322$277.2K0.01%−913−17.4%Reduced
Credit Agricole S A4,414$283.1K0.00%+4,414New
MAI Capital Management4,430$284.2K0.00%−165−3.6%Reduced
Phillips Wealth Planners LLC4,192$288.7K0.24%+750+21.8%Added
Tacita Capital Inc4,675$300.1K0.18%+114+2.5%Added
Envestnet Portfolio Solutions, Inc.4,816$308.9K0.00%−185−3.7%Reduced
Cumberland Partners Ltd4,900$314.2K0.02%−800−14.0%Reduced
Ritholtz Wealth Management4,983$319.6K0.01%00.0%Unchanged
Bridgefront Capital, LLC4,990$320.1K0.09%+4,990New
Pitcairn Co5,055$324.2K0.03%+5,055New
Meadowbrook Wealth Management, LLC5,075$325.5K0.34%+5,075New
GWM Advisors LLC5,097$326.9K0.00%+3,251+176.1%Added
Syon Capital LLC5,160$331.0K0.02%+1,108+27.3%Added
FORA Capital, LLC5,184$332.5K0.06%+5,184New
Benjamin Edwards Inc5,199$333.5K0.00%−1,448−21.8%Reduced
Richard W. Paul & Associates, LLC5,269$337.9K0.12%+231+4.6%Added
Hardy Reed LLC5,372$344.6K0.03%+1,340+33.2%Added
Beverly Hills Private Wealth, LLC5,467$350.7K0.06%−105−1.9%Reduced
Cigna Investments Inc5,506$353.0K0.05%00.0%Unchanged
New England Research & Management, Inc.5,549$355.9K0.16%−2,400−30.2%Reduced
Shelton Capital Management5,559$356.6K0.01%00.0%Unchanged
Sowell Financial Services LLC5,597$359.0K0.01%+575+11.4%Added
Atria Investments LLC5,598$359.1K0.00%+348+6.6%Added
Argonautica Private Wealth Management, Inc5,603$359.4K0.10%+555+11.0%Added
Ieq Capital, LLC5,748$368.7K0.00%+5,748New
Janney Montgomery Scott LLC5,751$369.0K0.00%−198−3.3%Reduced
TD Private Client Wealth LLC5,763$369.6K0.01%+88+1.6%Added
SIG North Trading, ULC6,155$394.8K0.06%−25,638−80.6%Reduced
Knollwood Investment Advisory, LLC6,278$402.7K0.04%00.0%Unchanged
Quarry LP6,431$412.5K0.10%+6,431New
Strategic Investment Advisors6,497$416.7K0.04%−131−2.0%Reduced
Geneos Wealth Management Inc.6,500$416.9K0.01%−121−1.8%Reduced
Principal Securities, Inc.6,614$424.2K0.01%+560+9.3%Added
Signaturefd, LLC6,663$427.4K0.01%+526+8.6%Added
Raleigh Capital Management Inc.6,825$437.7K0.17%−112−1.6%Reduced
Exencial Wealth Advisors, LLC6,982$447.8K0.01%+630+9.9%Added
Probity Advisors, Inc.7,131$457.4K0.07%−16−0.2%Reduced
UniSuper Management Pty Ltd5,200$464.3K0.00%00.0%Unchanged
MML Investors Services, LLC7,292$467.7K0.00%−302−4.0%Reduced
Yousif Capital Management, LLC7,305$468.5K0.01%+108+1.5%Added
Sterling Capital Management LLC7,566$485.3K0.01%−555−6.8%Reduced
Brevan Howard Capital Management LP7,573$485.7K0.01%+7,573New
Roundview Capital LLC7,754$497.3K0.03%00.0%Unchanged
Banco Santander, S.A.7,787$499.5K0.00%−4,000−33.9%Reduced
Legacy Wealth Asset Management, LLC7,868$504.7K0.12%+192+2.5%Added
Intech Investment Management LLC7,891$506.3K0.00%−110−1.4%Reduced
Walleye Capital LLC8,000$513.1K0.00%−6,959−46.5%Reduced
Sequoia Financial Advisors, LLC8,055$516.7K0.00%+258+3.3%Added
Prospera Financial Services Inc8,166$524.4K0.01%−651−7.4%Reduced
US Bancorp8,226$527.7K0.00%+792+10.7%Added
D.A. Davidson & Co.8,297$532.2K0.00%+10.0%Added
Farringdon Capital, Ltd.8,363$536.4K0.14%+8,363New
Cambridge Investment Research Advisors, Inc.8,407$539.0K0.00%−738−8.1%Reduced
Guardian Partners Inc.8,151$539.9K0.05%+259+3.3%Added
HB Wealth Management, LLC8,432$540.8K0.00%−1,225−12.7%Reduced
Sumitomo Life Insurance Co8,449$541.9K0.02%−273−3.1%Reduced
Sumitomo Mitsui DS Asset Management Company, Ltd8,449$541.9K0.00%−273−3.1%Reduced
Kentucky Retirement Systems Insurance Trust Fund8,514$546.1K0.04%+8,514New
Quantbot Technologies LP8,755$561.5K0.02%+8,755New
Quantitative Investment Management, LLC9,088$582.0K0.08%+9,088New