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 |
|---|---|---|---|---|---|
| Qube Research & Technologies Ltd | 21,539 | $1.38M | 0.00% | −23,800−52.5% | Reduced |
| Swiss Life Asset Management Ltd | 21,274 | $1.37M | 0.01% | +2,797+15.1% | Added |
| California State Teachers Retirement System | 20,503 | $1.32M | 0.00% | +94+0.5% | Added |
| BNP Paribas Arbitrage, SA | 20,373 | $1.31M | 0.00% | +877+4.5% | Added |
| Kentucky Retirement Systems | 20,313 | $1.30M | 0.04% | +20,313 | New |
| Royal Fund Management, LLC | 19,930 | $1.28M | 0.16% | −2,000−9.1% | Reduced |
| Gulf International Bank (UK) Ltd | 14,292 | $1.28M | 0.04% | −394−2.7% | Reduced |
| Cerity Partners LLC | 19,888 | $1.28M | 0.00% | −298−1.5% | Reduced |
| Jump Financial, LLC | 19,601 | $1.26M | 0.02% | +19,601 | New |
| SummitTX Capital, L.P. | 19,325 | $1.24M | 0.05% | +19,325 | New |
| Fiduciary Trust Co | 19,027 | $1.22M | 0.01% | −28−0.1% | Reduced |
| Hudson Portfolio Management LLC | 18,942 | $1.21M | 1.08% | −100−0.5% | Reduced |
| Machina Capital S.A.S. | 18,931 | $1.21M | 0.21% | +18,931 | New |
| Crossmark Global Holdings, Inc. | 18,405 | $1.18M | 0.02% | +688+3.9% | Added |
| Advisor Group Holdings, Inc. | 17,515 | $1.12M | 0.00% | −2,186−11.1% | Reduced |
| Mariner, LLC | 17,529 | $1.12M | 0.00% | −3,439−16.4% | Reduced |
| Alerus Financial NA | 17,148 | $1.10M | 0.06% | −355−2.0% | Reduced |
| First Trust Advisors LP | 17,041 | $1.09M | 0.00% | +13,472+377.5% | Added |
| Wolverine Trading, LLC | 16,520 | $1.08M | 0.02% | −2,327−12.3% | Reduced |
| Prudential Financial Inc | 16,660 | $1.07M | 0.00% | +350+2.1% | Added |
| Braun Stacey Associates Inc | 16,269 | $1.04M | 0.03% | 00.0% | Unchanged |
| Royal London Asset Management Ltd | 16,189 | $1.04M | 0.00% | 00.0% | Unchanged |
| Hutner Capital Management Inc | 15,786 | $1.01M | 0.43% | −168−1.1% | Reduced |
| Maryland State Retirement & Pension System | 15,725 | $1.01M | 0.02% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 15,713 | $1.01M | 0.00% | +1,554+11.0% | Added |
| MetLife Investment Management | 15,161 | $972.4K | 0.00% | +383+2.6% | Added |
| Captrust Financial Advisors | 14,847 | $952.3K | 0.00% | +6,190+71.5% | Added |
| CIBC Private Wealth Group, LLC | 14,694 | $942.5K | 0.00% | +384+2.7% | Added |
| Resources Investment Advisors, LLC. | 14,669 | $940.9K | 0.01% | −385−2.6% | Reduced |
| Waterfront Wealth Inc. | 13,470 | $911.8K | 0.19% | −41−0.3% | Reduced |
| Nilsine Partners, LLC | 14,166 | $908.6K | 0.08% | +14,166 | New |
| CI Private Wealth, LLC | 13,841 | $887.8K | 0.00% | −11,359−45.1% | Reduced |
| Westerkirk Capital Inc. | 13,790 | $884.5K | 0.10% | −2,800−16.9% | Reduced |
| Moloney Securities Asset Management, LLC | 13,746 | $881.7K | 0.10% | −9,728−41.4% | Reduced |
| ASR Vermogensbeheer N.V. | 13,583 | $871.6K | 0.01% | +219+1.6% | Added |
| Metis Global Partners, LLC | 13,496 | $865.8K | 0.02% | +226+1.7% | Added |
| Blackstone Group Inc. | 13,316 | $854.1K | 0.00% | +13,316 | New |
| Aspiriant, LLC | 13,072 | $838.4K | 0.03% | −16−0.1% | Reduced |
| Lebenthal Global Advisors, LLC | 12,735 | $816.8K | 0.14% | +5,749+82.3% | Added |
| Investment Management Corp of Ontario | 12,238 | $784.9K | 0.01% | −7,700−38.6% | Reduced |
| Fox Run Management, L.L.C. | 12,177 | $781.0K | 0.12% | +12,177 | New |
| Kendall Capital Management | 12,165 | $780.3K | 0.18% | +440+3.8% | Added |
| Summit Trail Advisors, LLC | 12,108 | $777.0K | 0.01% | +12,108 | New |
| Boston Partners | 21,021 | $745.6K | 0.00% | −521−2.4% | Reduced |
| Picton Mahoney Asset Management | 11,428 | $733.0K | 0.01% | −278,083−96.1% | Reduced |
| Generali Asset Management SPA SGR | 8,108 | $723.9K | 0.02% | +133+1.7% | Added |
| Quadrant Capital Group LLC | 11,267 | $722.8K | 0.02% | −14−0.1% | Reduced |
| AE Wealth Management LLC | 11,025 | $707.1K | 0.00% | +1,394+14.5% | Added |
| Empowered Funds, LLC | 10,969 | $703.6K | 0.01% | +10,969 | New |
| Wolverine Asset Management LLC | 10,833 | $694.8K | 0.01% | 00.0% | Unchanged |
| Jane Street Group, LLC | 10,708 | $686.7K | 0.00% | −101,381−90.4% | Reduced |
| Principal Financial Group Inc | 10,581 | $678.7K | 0.00% | −4,956−31.9% | Reduced |
| O'Shaughnessy Asset Management, LLC | 10,544 | $676.3K | 0.00% | +85+0.8% | Added |
| Leonteq Securities AG | 10,541 | $676.1K | 0.04% | −1,951−15.6% | Reduced |
| Mercer Global Advisors Inc | 10,252 | $657.6K | 0.00% | +1,062+11.6% | Added |
| Sanders Morris Harris LLC | 10,250 | $657.4K | 0.09% | +10,250 | New |
| NBC Securities, Inc. | 9,914 | $635.9K | 0.05% | −2,284−18.7% | Reduced |
| Kestra Advisory Services, LLC | 9,655 | $619.3K | 0.00% | −473−4.7% | Reduced |
| Cullen Investment Group, Ltd. | 8,896 | $609.2K | 0.08% | −52−0.6% | Reduced |
| Pathstone Holdings, LLC | 9,411 | $604.1K | 0.00% | +1,940+26.0% | Added |
| STRS Ohio | 9,409 | $603.5K | 0.00% | −26,347−73.7% | Reduced |
| JustInvest LLC | 9,363 | $600.5K | 0.01% | −967−9.4% | Reduced |
| Applied Finance Capital Management, LLC | 9,261 | $594.0K | 0.04% | +9,261 | New |
| BKM Wealth Management, LLC | 9,107 | $584.1K | 0.22% | −57−0.6% | Reduced |
| Quantitative Investment Management, LLC | 9,088 | $582.0K | 0.08% | +9,088 | New |
| Quantbot Technologies LP | 8,755 | $561.5K | 0.02% | +8,755 | New |
| Kentucky Retirement Systems Insurance Trust Fund | 8,514 | $546.1K | 0.04% | +8,514 | New |
| Sumitomo Life Insurance Co | 8,449 | $541.9K | 0.02% | −273−3.1% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 8,449 | $541.9K | 0.00% | −273−3.1% | Reduced |
| HB Wealth Management, LLC | 8,432 | $540.8K | 0.00% | −1,225−12.7% | Reduced |
| Guardian Partners Inc. | 8,151 | $539.9K | 0.05% | +259+3.3% | Added |
| Cambridge Investment Research Advisors, Inc. | 8,407 | $539.0K | 0.00% | −738−8.1% | Reduced |
| Farringdon Capital, Ltd. | 8,363 | $536.4K | 0.14% | +8,363 | New |
| D.A. Davidson & Co. | 8,297 | $532.2K | 0.00% | +10.0% | Added |
| US Bancorp | 8,226 | $527.7K | 0.00% | +792+10.7% | Added |
| Prospera Financial Services Inc | 8,166 | $524.4K | 0.01% | −651−7.4% | Reduced |
| Sequoia Financial Advisors, LLC | 8,055 | $516.7K | 0.00% | +258+3.3% | Added |
| Walleye Capital LLC | 8,000 | $513.1K | 0.00% | −6,959−46.5% | Reduced |
| Intech Investment Management LLC | 7,891 | $506.3K | 0.00% | −110−1.4% | Reduced |
| Legacy Wealth Asset Management, LLC | 7,868 | $504.7K | 0.12% | +192+2.5% | Added |
| Banco Santander, S.A. | 7,787 | $499.5K | 0.00% | −4,000−33.9% | Reduced |
| Roundview Capital LLC | 7,754 | $497.3K | 0.03% | 00.0% | Unchanged |
| Brevan Howard Capital Management LP | 7,573 | $485.7K | 0.01% | +7,573 | New |
| Sterling Capital Management LLC | 7,566 | $485.3K | 0.01% | −555−6.8% | Reduced |
| Yousif Capital Management, LLC | 7,305 | $468.5K | 0.01% | +108+1.5% | Added |
| MML Investors Services, LLC | 7,292 | $467.7K | 0.00% | −302−4.0% | Reduced |
| UniSuper Management Pty Ltd | 5,200 | $464.3K | 0.00% | 00.0% | Unchanged |
| Probity Advisors, Inc. | 7,131 | $457.4K | 0.07% | −16−0.2% | Reduced |
| Exencial Wealth Advisors, LLC | 6,982 | $447.8K | 0.01% | +630+9.9% | Added |
| Raleigh Capital Management Inc. | 6,825 | $437.7K | 0.17% | −112−1.6% | Reduced |
| Signaturefd, LLC | 6,663 | $427.4K | 0.01% | +526+8.6% | Added |
| Principal Securities, Inc. | 6,614 | $424.2K | 0.01% | +560+9.3% | Added |
| Geneos Wealth Management Inc. | 6,500 | $416.9K | 0.01% | −121−1.8% | Reduced |
| Strategic Investment Advisors | 6,497 | $416.7K | 0.04% | −131−2.0% | Reduced |
| Quarry LP | 6,431 | $412.5K | 0.10% | +6,431 | New |
| Knollwood Investment Advisory, LLC | 6,278 | $402.7K | 0.04% | 00.0% | Unchanged |
| SIG North Trading, ULC | 6,155 | $394.8K | 0.06% | −25,638−80.6% | Reduced |
| TD Private Client Wealth LLC | 5,763 | $369.6K | 0.01% | +88+1.6% | Added |
| Janney Montgomery Scott LLC | 5,751 | $369.0K | 0.00% | −198−3.3% | Reduced |
| Ieq Capital, LLC | 5,748 | $368.7K | 0.00% | +5,748 | New |