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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
Legend Financial Advisors, Inc.0$00.00%−500−100.0%Sold out
Annis Gardner Whiting Capital Advisors, LLC0$00.00%−248−100.0%Sold out
Ogorek Anthony Joseph0$00.00%−185−100.0%Sold out
Aspect Partners, LLC0$00.00%−154−100.0%Sold out
PMV Capital Advisers, LLC0$00.00%−125−100.0%Sold out
Riggs Asset Managment Co. Inc.0$00.00%−118−100.0%Sold out
Twin Peaks Wealth Advisors, LLC0$00.00%−74−100.0%Sold out
Avalon Trust Co0$00.00%−72−100.0%Sold out
Ridgewood Investments LLC0$00.00%−70−100.0%Sold out
Whipplewood Advisors, LLC0$00.00%−57−100.0%Sold out
Sierra Ocean, LLC0$00.00%−36−100.0%Sold out
NewSquare Capital LLC0$00.00%−33−100.0%Sold out
Ameritas Advisory Services, LLC0$00.00%−28−100.0%Sold out
Private Wealth Management Group, LLC0$00.00%−17−100.0%Sold out
Zions Bancorporation, National Association0$00.00%−4−100.0%Sold out
Norges Bank––––Not filed
Avantax Advisory Services, Inc.––––Not filed
First Horizon Advisors, Inc.––––Not filed
Safe Harbor Fiduciary, LLC––––Not filed