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 |
|---|---|---|---|---|---|
| Nichols & Pratt Advisers LLP | 43,169 | $2.77M | 0.17% | +1,296+3.1% | Added |
| DekaBank Deutsche Girozentrale | 42,344 | $2.77M | 0.00% | 00.0% | Unchanged |
| Skandinaviska Enskilda Banken AB (publ) | 44,242 | $2.84M | 0.01% | −622−1.4% | Reduced |
| Commerce Bank | 44,592 | $2.86M | 0.02% | +38+0.1% | Added |
| HRT Financial LP | 45,614 | $2.92M | 0.01% | +41,757+1,082.6% | Added |
| Marshall Wace, LLP | 45,952 | $2.95M | 0.00% | +45,952 | New |
| Natixis Advisors, L.P. | 46,201 | $2.96M | 0.00% | −5,433−10.5% | Reduced |
| Capital Group Investment Management Pte. Ltd. | 46,927 | $3.01M | 0.50% | +2,613+5.9% | Added |
| Iridian Asset Management LLC | 47,389 | $3.04M | 1.20% | +774+1.7% | Added |
| Arkadios Wealth Advisors | 48,055 | $3.08M | 0.08% | +13,920+40.8% | Added |
| Massachusetts Financial Services Co | 48,386 | $3.10M | 0.00% | −33,108−40.6% | Reduced |
| Quantinno Capital Management LP | 48,904 | $3.14M | 0.01% | +26,019+113.7% | Added |
| Cetera Investment Advisers | 49,330 | $3.16M | 0.00% | +8,712+21.4% | Added |
| Inkwell Capital LLC | 50,034 | $3.21M | 3.27% | −804−1.6% | Reduced |
| Point72 (DIFC) Ltd | 50,506 | $3.24M | 0.23% | +50,506 | New |
| Police & Firemen's Retirement System of New Jersey | 52,208 | $3.35M | 0.03% | +3,052+6.2% | Added |
| SEI Investments Co | 52,290 | $3.35M | 0.00% | −45−0.1% | Reduced |
| Cary Street Partners Financial LLC | 52,368 | $3.36M | 0.09% | +1,322+2.6% | Added |
| Utah Retirement Systems | 53,395 | $3.43M | 0.03% | +491+0.9% | Added |
| Commonwealth Equity Services, LLC | 55,435 | $3.56M | 0.00% | +23,030+71.1% | Added |
| Harvest Portfolios Group Inc. | 56,221 | $3.61M | 0.07% | +7,315+15.0% | Added |
| Asset Management One Co.,Ltd. | 57,318 | $3.68M | 0.01% | 00.0% | Unchanged |
| Creative Planning | 57,470 | $3.69M | 0.00% | +591+1.0% | Added |
| D. E. Shaw & Co., Inc. | 57,800 | $3.71M | 0.00% | +57,800 | New |
| Federated Hermes, Inc. | 58,972 | $3.78M | 0.01% | +58,972 | New |
| Polar Asset Management Partners Inc. | 60,000 | $3.85M | 0.08% | +60,000 | New |
| Allspring Global Investments Holdings, LLC | 58,300 | $3.86M | 0.01% | −20,545−26.1% | Reduced |
| Landscape Capital Management, L.L.C. | 60,692 | $3.89M | 0.25% | +34,728+133.8% | Added |
| Quartz Partners, LLC | 62,127 | $3.98M | 1.44% | +19,376+45.3% | Added |
| Millennium Management LLC | 62,454 | $4.01M | 0.00% | −756,493−92.4% | Reduced |
| Partners Capital Investment Group, LLP | 63,878 | $4.10M | 0.16% | 00.0% | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. | 70,175 | $4.50M | 0.01% | −1,154,546−94.3% | Reduced |
| Capricorn Fund Managers Ltd | 70,868 | $4.55M | 1.53% | −3,719−5.0% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 74,013 | $4.75M | 0.02% | +12,946+21.2% | Added |
| Earnest Partners LLC | 74,722 | $4.79M | 0.02% | −56−0.1% | Reduced |
| Forsta Ap-Fonden | 74,800 | $4.80M | 0.03% | +6,900+10.2% | Added |
| Weiss Asset Management LP | 74,961 | $4.81M | 0.07% | +74,961 | New |
| Consolidated Capital Management, LLC | 77,439 | $4.97M | 1.76% | +4,277+5.8% | Added |
| Public Sector Pension Investment Board | 79,581 | $5.11M | 0.02% | +47,836+150.7% | Added |
| Franklin Resources Inc | 83,530 | $5.36M | 0.00% | −10,611−11.3% | Reduced |
| Teachers Retirement System of the State of Kentucky | 86,700 | $5.56M | 0.04% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 97,229 | $6.24M | 0.00% | +8,742+9.9% | Added |
| Capula Management Ltd | 97,431 | $6.25M | 0.05% | −27,108−21.8% | Reduced |
| Russell Investments Group, Ltd. | 97,492 | $6.28M | 0.01% | +40,858+72.1% | Added |
| Northwest & Ethical Investments L.P. | 101,179 | $6.49M | 0.15% | −926−0.9% | Reduced |
| Freestone Grove Partners LP | 107,115 | $6.87M | 0.05% | +107,115 | New |
| HSBC Holdings PLC | 110,612 | $7.10M | 0.00% | −1,235−1.1% | Reduced |
| AIA Group Ltd | 111,169 | $7.13M | 0.13% | +23,154+26.3% | Added |
| Louisbourg Investments Inc. | 111,215 | $7.13M | 1.56% | +37,106+50.1% | Added |
| Bridgewater Associates, LP | 113,911 | $7.31M | 0.03% | +100,901+775.6% | Added |
| State Board of Administration of Florida Retirement System | 115,797 | $7.43M | 0.01% | +54,724+89.6% | Added |
| Mn Services Vermogensbeheer B.V. | 116,300 | $7.46M | 0.05% | 00.0% | Unchanged |
| Pictet Asset Management Holding SA | 120,068 | $7.70M | 0.01% | +1,349+1.1% | Added |
| Public Employees Retirement System of Ohio | 121,148 | $7.77M | 0.02% | +964+0.8% | Added |
| American Century Companies Inc | 125,070 | $8.02M | 0.00% | +49,400+65.3% | Added |
| Skye Global Management LP | 126,000 | $8.08M | 0.16% | +126,000 | New |
| Toroso Investments, LLC | 126,151 | $8.09M | 0.03% | +73,708+140.5% | Added |
| Hudson Bay Capital Management LP | 137,560 | $8.82M | 0.05% | −83,542−37.8% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 137,604 | $8.83M | 0.02% | −2,241−1.6% | Reduced |
| Verition Fund Management LLC | 140,499 | $9.01M | 0.05% | −16,301−10.4% | Reduced |
| Cullen/Frost Bankers, Inc. | 142,164 | $9.12M | 0.11% | +13,221+10.3% | Added |
| LPL Financial LLC | 144,860 | $9.29M | 0.00% | +85,895+145.7% | Added |
| Treasurer of the State of North Carolina | 145,470 | $9.33M | 0.03% | −5,670−3.8% | Reduced |
| Alliancebernstein L.P. | 145,783 | $9.35M | 0.00% | +7,989+5.8% | Added |
| Price T Rowe Associates Inc | 149,649 | $9.60M | 0.00% | +17,447+13.2% | Added |
| BancorpSouth Bank | 150,637 | $9.66M | 0.59% | +39,036+35.0% | Added |
| Alta Capital Management LLC | 154,856 | $9.93M | 0.55% | +7,337+5.0% | Added |
| Barclays PLC | 157,686 | $10.1M | 0.00% | −4,547−2.8% | Reduced |
| Citigroup Inc | 169,548 | $10.9M | 0.01% | +57,130+50.8% | Added |
| State of Tennessee, Treasury Department | 177,475 | $11.4M | 0.04% | −2,500−1.4% | Reduced |
| First Manhattan Co | 180,541 | $11.7M | 0.03% | +6,100+3.5% | Added |
| Galibier Capital Management Ltd. | 188,137 | $12.1M | 4.02% | −20,878−10.0% | Reduced |
| British Columbia Investment Management Corp | 188,655 | $12.1M | 0.07% | +11,149+6.3% | Added |
| New York State Common Retirement Fund | 196,100 | $12.6M | 0.02% | +66,600+51.4% | Added |
| Korea Investment CORP | 215,517 | $13.8M | 0.03% | −10,726−4.7% | Reduced |
| Great West Life Assurance Co | 217,141 | $14.1M | 0.02% | +1,484+0.7% | Added |
| Capital International Inc | 220,696 | $14.2M | 0.11% | +30,277+15.9% | Added |
| Capital International Ltd | 232,792 | $14.9M | 0.54% | +750.0% | Added |
| Aviva PLC | 235,047 | $15.1M | 0.03% | +1,710+0.7% | Added |
| Rockefeller Capital Management L.P. | 256,874 | $16.5M | 0.03% | +37,575+17.1% | Added |
| Dana Investment Advisors, Inc. | 276,429 | $17.7M | 0.52% | +77,338+38.8% | Added |
| Susquehanna International Group, LLP | 293,331 | $18.8M | 0.03% | +271,860+1,266.2% | Added |
| Wells Fargo & Company | 298,332 | $19.1M | 0.00% | +11,578+4.0% | Added |
| Bank of Nova Scotia Trust Co | 298,954 | $19.2M | 1.78% | +8,203+2.8% | Added |
| Soroban Capital Partners LP | 300,000 | $19.2M | 0.16% | 00.0% | Unchanged |
| Spears Abacus Advisors LLC | 300,993 | $19.3M | 0.36% | −50,561−14.4% | Reduced |
| Rhumbline Advisers | 309,040 | $19.8M | 0.02% | −6,216−2.0% | Reduced |
| Baskin Financial Services Inc. | 349,803 | $22.4M | 1.65% | +3,180+0.9% | Added |
| Amundi | 330,245 | $22.7M | 0.01% | −10,953−3.2% | Reduced |
| Capital International Sarl | 354,905 | $22.8M | 0.39% | +24,262+7.3% | Added |
| Squarepoint Ops LLC | 381,117 | $24.4M | 0.05% | +346,903+1,013.9% | Added |
| MIC Capital Management UK LLP | 386,203 | $24.8M | 4.95% | 00.0% | Unchanged |
| Janus Henderson Group PLC | 425,145 | $27.3M | 0.01% | −26,618−5.9% | Reduced |
| Scheer, Rowlett & Associates Investment Management Ltd. | 430,062 | $27.6M | 1.64% | −45,080−9.5% | Reduced |
| Addenda Capital Inc. | 321,493 | $29.0M | 0.86% | −2,838−0.9% | Reduced |
| Envestnet Asset Management Inc | 482,885 | $31.0M | 0.01% | −3,061−0.6% | Reduced |
| Balyasny Asset Management LLC | 494,130 | $31.7M | 0.06% | +265,075+115.7% | Added |
| MUFG Securities (Canada), Ltd. | 542,427 | $34.8M | 0.97% | −12,994−2.3% | Reduced |
| Continental Grain Co | 559,178 | $35.9M | 10.37% | 00.0% | Unchanged |
| Federation des caisses Desjardins du Quebec | 570,508 | $36.6M | 0.14% | −77,637−12.0% | Reduced |