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 |
|---|---|---|---|---|---|
| Alliancebernstein L.P. | 145,783 | $9.35M | 0.00% | +7,989+5.8% | Added |
| Treasurer of the State of North Carolina | 145,470 | $9.33M | 0.03% | −5,670−3.8% | Reduced |
| LPL Financial LLC | 144,860 | $9.29M | 0.00% | +85,895+145.7% | Added |
| Cullen/Frost Bankers, Inc. | 142,164 | $9.12M | 0.11% | +13,221+10.3% | Added |
| Verition Fund Management LLC | 140,499 | $9.01M | 0.05% | −16,301−10.4% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 137,604 | $8.83M | 0.02% | −2,241−1.6% | Reduced |
| Hudson Bay Capital Management LP | 137,560 | $8.82M | 0.05% | −83,542−37.8% | Reduced |
| Toroso Investments, LLC | 126,151 | $8.09M | 0.03% | +73,708+140.5% | Added |
| Skye Global Management LP | 126,000 | $8.08M | 0.16% | +126,000 | New |
| American Century Companies Inc | 125,070 | $8.02M | 0.00% | +49,400+65.3% | Added |
| Public Employees Retirement System of Ohio | 121,148 | $7.77M | 0.02% | +964+0.8% | Added |
| Pictet Asset Management Holding SA | 120,068 | $7.70M | 0.01% | +1,349+1.1% | Added |
| Mn Services Vermogensbeheer B.V. | 116,300 | $7.46M | 0.05% | 00.0% | Unchanged |
| State Board of Administration of Florida Retirement System | 115,797 | $7.43M | 0.01% | +54,724+89.6% | Added |
| Bridgewater Associates, LP | 113,911 | $7.31M | 0.03% | +100,901+775.6% | Added |
| Louisbourg Investments Inc. | 111,215 | $7.13M | 1.56% | +37,106+50.1% | Added |
| AIA Group Ltd | 111,169 | $7.13M | 0.13% | +23,154+26.3% | Added |
| HSBC Holdings PLC | 110,612 | $7.10M | 0.00% | −1,235−1.1% | Reduced |
| Freestone Grove Partners LP | 107,115 | $6.87M | 0.05% | +107,115 | New |
| Northwest & Ethical Investments L.P. | 101,179 | $6.49M | 0.15% | −926−0.9% | Reduced |
| Russell Investments Group, Ltd. | 97,492 | $6.28M | 0.01% | +40,858+72.1% | Added |
| Capula Management Ltd | 97,431 | $6.25M | 0.05% | −27,108−21.8% | Reduced |
| Northwestern Mutual Wealth Management Co | 97,229 | $6.24M | 0.00% | +8,742+9.9% | Added |
| Teachers Retirement System of the State of Kentucky | 86,700 | $5.56M | 0.04% | 00.0% | Unchanged |
| Franklin Resources Inc | 83,530 | $5.36M | 0.00% | −10,611−11.3% | Reduced |
| Public Sector Pension Investment Board | 79,581 | $5.11M | 0.02% | +47,836+150.7% | Added |
| Consolidated Capital Management, LLC | 77,439 | $4.97M | 1.76% | +4,277+5.8% | Added |
| Weiss Asset Management LP | 74,961 | $4.81M | 0.07% | +74,961 | New |
| Forsta Ap-Fonden | 74,800 | $4.80M | 0.03% | +6,900+10.2% | Added |
| Earnest Partners LLC | 74,722 | $4.79M | 0.02% | −56−0.1% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 74,013 | $4.75M | 0.02% | +12,946+21.2% | Added |
| Capricorn Fund Managers Ltd | 70,868 | $4.55M | 1.53% | −3,719−5.0% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 70,175 | $4.50M | 0.01% | −1,154,546−94.3% | Reduced |
| Partners Capital Investment Group, LLP | 63,878 | $4.10M | 0.16% | 00.0% | Unchanged |
| Millennium Management LLC | 62,454 | $4.01M | 0.00% | −756,493−92.4% | Reduced |
| Quartz Partners, LLC | 62,127 | $3.98M | 1.44% | +19,376+45.3% | Added |
| Landscape Capital Management, L.L.C. | 60,692 | $3.89M | 0.25% | +34,728+133.8% | Added |
| Allspring Global Investments Holdings, LLC | 58,300 | $3.86M | 0.01% | −20,545−26.1% | Reduced |
| Polar Asset Management Partners Inc. | 60,000 | $3.85M | 0.08% | +60,000 | New |
| Federated Hermes, Inc. | 58,972 | $3.78M | 0.01% | +58,972 | New |
| D. E. Shaw & Co., Inc. | 57,800 | $3.71M | 0.00% | +57,800 | New |
| Creative Planning | 57,470 | $3.69M | 0.00% | +591+1.0% | Added |
| Asset Management One Co.,Ltd. | 57,318 | $3.68M | 0.01% | 00.0% | Unchanged |
| Harvest Portfolios Group Inc. | 56,221 | $3.61M | 0.07% | +7,315+15.0% | Added |
| Commonwealth Equity Services, LLC | 55,435 | $3.56M | 0.00% | +23,030+71.1% | Added |
| Utah Retirement Systems | 53,395 | $3.43M | 0.03% | +491+0.9% | Added |
| Cary Street Partners Financial LLC | 52,368 | $3.36M | 0.09% | +1,322+2.6% | Added |
| SEI Investments Co | 52,290 | $3.35M | 0.00% | −45−0.1% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 52,208 | $3.35M | 0.03% | +3,052+6.2% | Added |
| Point72 (DIFC) Ltd | 50,506 | $3.24M | 0.23% | +50,506 | New |
| Inkwell Capital LLC | 50,034 | $3.21M | 3.27% | −804−1.6% | Reduced |
| Cetera Investment Advisers | 49,330 | $3.16M | 0.00% | +8,712+21.4% | Added |
| Quantinno Capital Management LP | 48,904 | $3.14M | 0.01% | +26,019+113.7% | Added |
| Massachusetts Financial Services Co | 48,386 | $3.10M | 0.00% | −33,108−40.6% | Reduced |
| Arkadios Wealth Advisors | 48,055 | $3.08M | 0.08% | +13,920+40.8% | Added |
| Iridian Asset Management LLC | 47,389 | $3.04M | 1.20% | +774+1.7% | Added |
| Capital Group Investment Management Pte. Ltd. | 46,927 | $3.01M | 0.50% | +2,613+5.9% | Added |
| Natixis Advisors, L.P. | 46,201 | $2.96M | 0.00% | −5,433−10.5% | Reduced |
| Marshall Wace, LLP | 45,952 | $2.95M | 0.00% | +45,952 | New |
| HRT Financial LP | 45,614 | $2.92M | 0.01% | +41,757+1,082.6% | Added |
| Commerce Bank | 44,592 | $2.86M | 0.02% | +38+0.1% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 44,242 | $2.84M | 0.01% | −622−1.4% | Reduced |
| DekaBank Deutsche Girozentrale | 42,344 | $2.77M | 0.00% | 00.0% | Unchanged |
| Nichols & Pratt Advisers LLP | 43,169 | $2.77M | 0.17% | +1,296+3.1% | Added |
| Founders Capital Management, LLC | 41,816 | $2.68M | 0.42% | 00.0% | Unchanged |
| Hillsdale Investment Management Inc. | 39,532 | $2.54M | 0.08% | +39,362+23,154.1% | Added |
| Brinker Capital Investments, LLC | 38,498 | $2.47M | 0.02% | +3,922+11.3% | Added |
| Capital Fund Management S.A. | 37,847 | $2.43M | 0.02% | +12,300+48.1% | Added |
| Primecap Management Co | 37,600 | $2.41M | 0.00% | −30,640−44.9% | Reduced |
| Stifel Financial Corp | 35,954 | $2.31M | 0.00% | −2,804−7.2% | Reduced |
| Warren Averett Asset Management, LLC | 35,632 | $2.29M | 0.02% | +5,334+17.6% | Added |
| Xponance, Inc. | 35,369 | $2.27M | 0.02% | +834+2.4% | Added |
| Savoir Faire Capital Management, L.P. | 35,122 | $2.25M | 0.81% | −1,910−5.2% | Reduced |
| Truist Financial Corp | 34,556 | $2.22M | 0.00% | −503−1.4% | Reduced |
| Oppenheimer & Co Inc | 34,524 | $2.21M | 0.03% | +2,015+6.2% | Added |
| Gotham Asset Management, LLC | 33,467 | $2.15M | 0.01% | +18,679+126.3% | Added |
| Voya Investment Management LLC | 32,047 | $2.06M | 0.00% | −70,665−68.8% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 32,115 | $2.05M | 0.01% | +5,709+21.6% | Added |
| Blueshift Asset Management, LLC | 31,551 | $2.02M | 0.62% | +13,119+71.2% | Added |
| Assetmark, Inc | 31,469 | $2.02M | 0.00% | +1,999+6.8% | Added |
| Gateway Investment Advisers LLC | 31,199 | $2.00M | 0.02% | −13,021−29.4% | Reduced |
| Quantessence Capital LLC | 30,221 | $1.94M | 0.61% | +30,221 | New |
| Avanza Fonder AB | 21,589 | $1.93M | 0.05% | 00.0% | Unchanged |
| USS Investment Management Ltd | 28,149 | $1.82M | 0.01% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 24,901 | $1.75M | 0.00% | −945−3.7% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 25,321 | $1.70M | 0.00% | +497+2.0% | Added |
| Bennett Selby Investments LP | 25,474 | $1.63M | 0.54% | −176−0.7% | Reduced |
| Aspire Private Capital, LLC | 25,060 | $1.61M | 0.35% | +1,849+8.0% | Added |
| Callahan Advisors, LLC | 25,030 | $1.61M | 0.14% | 00.0% | Unchanged |
| Capstone Investment Advisors, LLC | 24,705 | $1.58M | 0.01% | +6,815+38.1% | Added |
| Engineers Gate Manager LP | 24,528 | $1.57M | 0.02% | −48,352−66.3% | Reduced |
| M&T Bank Corp | 24,330 | $1.56M | 0.01% | −293−1.2% | Reduced |
| Neuberger Berman Group LLC | 23,619 | $1.52M | 0.00% | −36,439−60.7% | Reduced |
| Wellington Management Group LLP | 23,553 | $1.51M | 0.00% | +148+0.6% | Added |
| Amalgamated Bank | 23,045 | $1.48M | 0.01% | +973+4.4% | Added |
| Tower Research Capital LLC (TRC) | 22,909 | $1.47M | 0.04% | +18,986+484.0% | Added |
| Lee Financial Co | 22,109 | $1.42M | 0.18% | −312−1.4% | Reduced |
| Fiduciary Family Office, LLC | 21,902 | $1.40M | 0.40% | +12,176+125.2% | Added |
| AQR Capital Management LLC | 21,727 | $1.39M | 0.00% | +18,211+517.9% | Added |
| Allianz Asset Management GmbH | 16,327 | $1.39M | 0.00% | +1,484+10.0% | Added |