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.
| 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, Q3 2025
Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BKM Wealth Management, LLC | 9,107 | $584.1K | 0.22% | −57−0.6% | Reduced |
| Applied Finance Capital Management, LLC | 9,261 | $594.0K | 0.04% | +9,261 | New |
| JustInvest LLC | 9,363 | $600.5K | 0.01% | −967−9.4% | Reduced |
| STRS Ohio | 9,409 | $603.5K | 0.00% | −26,347−73.7% | Reduced |
| Pathstone Holdings, LLC | 9,411 | $604.1K | 0.00% | +1,940+26.0% | Added |
| Cullen Investment Group, Ltd. | 8,896 | $609.2K | 0.08% | −52−0.6% | Reduced |
| Kestra Advisory Services, LLC | 9,655 | $619.3K | 0.00% | −473−4.7% | Reduced |
| NBC Securities, Inc. | 9,914 | $635.9K | 0.05% | −2,284−18.7% | Reduced |
| Sanders Morris Harris LLC | 10,250 | $657.4K | 0.09% | +10,250 | New |
| Mercer Global Advisors Inc | 10,252 | $657.6K | 0.00% | +1,062+11.6% | Added |
| Leonteq Securities AG | 10,541 | $676.1K | 0.04% | −1,951−15.6% | Reduced |
| O'Shaughnessy Asset Management, LLC | 10,544 | $676.3K | 0.00% | +85+0.8% | Added |
| Principal Financial Group Inc | 10,581 | $678.7K | 0.00% | −4,956−31.9% | Reduced |
| Jane Street Group, LLC | 10,708 | $686.7K | 0.00% | −101,381−90.4% | Reduced |
| Wolverine Asset Management LLC | 10,833 | $694.8K | 0.01% | 00.0% | Unchanged |
| Empowered Funds, LLC | 10,969 | $703.6K | 0.01% | +10,969 | New |
| AE Wealth Management LLC | 11,025 | $707.1K | 0.00% | +1,394+14.5% | Added |
| Quadrant Capital Group LLC | 11,267 | $722.8K | 0.02% | −14−0.1% | Reduced |
| Generali Asset Management SPA SGR | 8,108 | $723.9K | 0.02% | +133+1.7% | Added |
| Picton Mahoney Asset Management | 11,428 | $733.0K | 0.01% | −278,083−96.1% | Reduced |
| Boston Partners | 21,021 | $745.6K | 0.00% | −521−2.4% | Reduced |
| Summit Trail Advisors, LLC | 12,108 | $777.0K | 0.01% | +12,108 | New |
| Kendall Capital Management | 12,165 | $780.3K | 0.18% | +440+3.8% | Added |
| Fox Run Management, L.L.C. | 12,177 | $781.0K | 0.12% | +12,177 | New |
| Investment Management Corp of Ontario | 12,238 | $784.9K | 0.01% | −7,700−38.6% | Reduced |
| Lebenthal Global Advisors, LLC | 12,735 | $816.8K | 0.14% | +5,749+82.3% | Added |
| Aspiriant, LLC | 13,072 | $838.4K | 0.03% | −16−0.1% | Reduced |
| Blackstone Group Inc. | 13,316 | $854.1K | 0.00% | +13,316 | New |
| Metis Global Partners, LLC | 13,496 | $865.8K | 0.02% | +226+1.7% | Added |
| ASR Vermogensbeheer N.V. | 13,583 | $871.6K | 0.01% | +219+1.6% | Added |
| Moloney Securities Asset Management, LLC | 13,746 | $881.7K | 0.10% | −9,728−41.4% | Reduced |
| Westerkirk Capital Inc. | 13,790 | $884.5K | 0.10% | −2,800−16.9% | Reduced |
| CI Private Wealth, LLC | 13,841 | $887.8K | 0.00% | −11,359−45.1% | Reduced |
| Nilsine Partners, LLC | 14,166 | $908.6K | 0.08% | +14,166 | New |
| Waterfront Wealth Inc. | 13,470 | $911.8K | 0.19% | −41−0.3% | Reduced |
| Resources Investment Advisors, LLC. | 14,669 | $940.9K | 0.01% | −385−2.6% | Reduced |
| CIBC Private Wealth Group, LLC | 14,694 | $942.5K | 0.00% | +384+2.7% | Added |
| Captrust Financial Advisors | 14,847 | $952.3K | 0.00% | +6,190+71.5% | Added |
| MetLife Investment Management | 15,161 | $972.4K | 0.00% | +383+2.6% | Added |
| The PNC Financial Services Group, Inc. | 15,713 | $1.01M | 0.00% | +1,554+11.0% | Added |
| Maryland State Retirement & Pension System | 15,725 | $1.01M | 0.02% | 00.0% | Unchanged |
| Hutner Capital Management Inc | 15,786 | $1.01M | 0.43% | −168−1.1% | Reduced |
| Royal London Asset Management Ltd | 16,189 | $1.04M | 0.00% | 00.0% | Unchanged |
| Braun Stacey Associates Inc | 16,269 | $1.04M | 0.03% | 00.0% | Unchanged |
| Prudential Financial Inc | 16,660 | $1.07M | 0.00% | +350+2.1% | Added |
| Wolverine Trading, LLC | 16,520 | $1.08M | 0.02% | −2,327−12.3% | Reduced |
| First Trust Advisors LP | 17,041 | $1.09M | 0.00% | +13,472+377.5% | Added |
| Alerus Financial NA | 17,148 | $1.10M | 0.06% | −355−2.0% | Reduced |
| Mariner, LLC | 17,529 | $1.12M | 0.00% | −3,439−16.4% | Reduced |
| Advisor Group Holdings, Inc. | 17,515 | $1.12M | 0.00% | −2,186−11.1% | Reduced |
| Crossmark Global Holdings, Inc. | 18,405 | $1.18M | 0.02% | +688+3.9% | Added |
| Machina Capital S.A.S. | 18,931 | $1.21M | 0.21% | +18,931 | New |
| Hudson Portfolio Management LLC | 18,942 | $1.21M | 1.08% | −100−0.5% | Reduced |
| Fiduciary Trust Co | 19,027 | $1.22M | 0.01% | −28−0.1% | Reduced |
| SummitTX Capital, L.P. | 19,325 | $1.24M | 0.05% | +19,325 | New |
| Jump Financial, LLC | 19,601 | $1.26M | 0.02% | +19,601 | New |
| Cerity Partners LLC | 19,888 | $1.28M | 0.00% | −298−1.5% | Reduced |
| Gulf International Bank (UK) Ltd | 14,292 | $1.28M | 0.04% | −394−2.7% | Reduced |
| Royal Fund Management, LLC | 19,930 | $1.28M | 0.16% | −2,000−9.1% | Reduced |
| Kentucky Retirement Systems | 20,313 | $1.30M | 0.04% | +20,313 | New |
| BNP Paribas Arbitrage, SA | 20,373 | $1.31M | 0.00% | +877+4.5% | Added |
| California State Teachers Retirement System | 20,503 | $1.32M | 0.00% | +94+0.5% | Added |
| Swiss Life Asset Management Ltd | 21,274 | $1.37M | 0.01% | +2,797+15.1% | Added |
| Qube Research & Technologies Ltd | 21,539 | $1.38M | 0.00% | −23,800−52.5% | Reduced |
| Allianz Asset Management GmbH | 16,327 | $1.39M | 0.00% | +1,484+10.0% | Added |
| AQR Capital Management LLC | 21,727 | $1.39M | 0.00% | +18,211+517.9% | Added |
| Fiduciary Family Office, LLC | 21,902 | $1.40M | 0.40% | +12,176+125.2% | Added |
| Lee Financial Co | 22,109 | $1.42M | 0.18% | −312−1.4% | Reduced |
| Tower Research Capital LLC (TRC) | 22,909 | $1.47M | 0.04% | +18,986+484.0% | Added |
| Amalgamated Bank | 23,045 | $1.48M | 0.01% | +973+4.4% | Added |
| Wellington Management Group LLP | 23,553 | $1.51M | 0.00% | +148+0.6% | Added |
| Neuberger Berman Group LLC | 23,619 | $1.52M | 0.00% | −36,439−60.7% | Reduced |
| M&T Bank Corp | 24,330 | $1.56M | 0.01% | −293−1.2% | Reduced |
| Engineers Gate Manager LP | 24,528 | $1.57M | 0.02% | −48,352−66.3% | Reduced |
| Capstone Investment Advisors, LLC | 24,705 | $1.58M | 0.01% | +6,815+38.1% | Added |
| Callahan Advisors, LLC | 25,030 | $1.61M | 0.14% | 00.0% | Unchanged |
| Aspire Private Capital, LLC | 25,060 | $1.61M | 0.35% | +1,849+8.0% | Added |
| Bennett Selby Investments LP | 25,474 | $1.63M | 0.54% | −176−0.7% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 25,321 | $1.70M | 0.00% | +497+2.0% | Added |
| Ameriprise Financial Inc | 24,901 | $1.75M | 0.00% | −945−3.7% | Reduced |
| USS Investment Management Ltd | 28,149 | $1.82M | 0.01% | 00.0% | Unchanged |
| Avanza Fonder AB | 21,589 | $1.93M | 0.05% | 00.0% | Unchanged |
| Quantessence Capital LLC | 30,221 | $1.94M | 0.61% | +30,221 | New |
| Gateway Investment Advisers LLC | 31,199 | $2.00M | 0.02% | −13,021−29.4% | Reduced |
| Assetmark, Inc | 31,469 | $2.02M | 0.00% | +1,999+6.8% | Added |
| Blueshift Asset Management, LLC | 31,551 | $2.02M | 0.62% | +13,119+71.2% | Added |
| Wiley Bros.-Aintree Capital, LLC | 32,115 | $2.05M | 0.01% | +5,709+21.6% | Added |
| Voya Investment Management LLC | 32,047 | $2.06M | 0.00% | −70,665−68.8% | Reduced |
| Gotham Asset Management, LLC | 33,467 | $2.15M | 0.01% | +18,679+126.3% | Added |
| Oppenheimer & Co Inc | 34,524 | $2.21M | 0.03% | +2,015+6.2% | Added |
| Truist Financial Corp | 34,556 | $2.22M | 0.00% | −503−1.4% | Reduced |
| Savoir Faire Capital Management, L.P. | 35,122 | $2.25M | 0.81% | −1,910−5.2% | Reduced |
| Xponance, Inc. | 35,369 | $2.27M | 0.02% | +834+2.4% | Added |
| Warren Averett Asset Management, LLC | 35,632 | $2.29M | 0.02% | +5,334+17.6% | Added |
| Stifel Financial Corp | 35,954 | $2.31M | 0.00% | −2,804−7.2% | Reduced |
| Primecap Management Co | 37,600 | $2.41M | 0.00% | −30,640−44.9% | Reduced |
| Capital Fund Management S.A. | 37,847 | $2.43M | 0.02% | +12,300+48.1% | Added |
| Brinker Capital Investments, LLC | 38,498 | $2.47M | 0.02% | +3,922+11.3% | Added |
| Hillsdale Investment Management Inc. | 39,532 | $2.54M | 0.08% | +39,362+23,154.1% | Added |
| Founders Capital Management, LLC | 41,816 | $2.68M | 0.42% | 00.0% | Unchanged |