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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
Argonautica Private Wealth Management, Inc5,603$359.4K0.10%+555+11.0%Added
Atria Investments LLC5,598$359.1K0.00%+348+6.6%Added
Sowell Financial Services LLC5,597$359.0K0.01%+575+11.4%Added
Shelton Capital Management5,559$356.6K0.01%00.0%Unchanged
New England Research & Management, Inc.5,549$355.9K0.16%−2,400−30.2%Reduced
Cigna Investments Inc5,506$353.0K0.05%00.0%Unchanged
Beverly Hills Private Wealth, LLC5,467$350.7K0.06%−105−1.9%Reduced
Hardy Reed LLC5,372$344.6K0.03%+1,340+33.2%Added
Richard W. Paul & Associates, LLC5,269$337.9K0.12%+231+4.6%Added
Benjamin Edwards Inc5,199$333.5K0.00%−1,448−21.8%Reduced
FORA Capital, LLC5,184$332.5K0.06%+5,184New
Syon Capital LLC5,160$331.0K0.02%+1,108+27.3%Added
GWM Advisors LLC5,097$326.9K0.00%+3,251+176.1%Added
Meadowbrook Wealth Management, LLC5,075$325.5K0.34%+5,075New
Pitcairn Co5,055$324.2K0.03%+5,055New
Bridgefront Capital, LLC4,990$320.1K0.09%+4,990New
Ritholtz Wealth Management4,983$319.6K0.01%00.0%Unchanged
Cumberland Partners Ltd4,900$314.2K0.02%−800−14.0%Reduced
Envestnet Portfolio Solutions, Inc.4,816$308.9K0.00%−185−3.7%Reduced
Tacita Capital Inc4,675$300.1K0.18%+114+2.5%Added
Phillips Wealth Planners LLC4,192$288.7K0.24%+750+21.8%Added
MAI Capital Management4,430$284.2K0.00%−165−3.6%Reduced
Credit Agricole S A4,414$283.1K0.00%+4,414New
Bryn Mawr Trust Co4,322$277.2K0.01%−913−17.4%Reduced
Private Advisor Group, LLC4,215$270.4K0.00%+95+2.3%Added
Waldron Private Wealth LLC4,150$268.8K0.01%00.0%Unchanged
Jones Financial Companies LLLP4,106$266.5K0.00%+958+30.4%Added
Wetherby Asset Management Inc4,102$263.1K0.01%−447−9.8%Reduced
Sanctuary Advisors, LLC4,046$259.5K0.00%+507+14.3%Added
FSM Wealth Advisors, LLC4,020$257.8K0.04%+39+1.0%Added
Burney Co3,960$254.0K0.01%−531−11.8%Reduced
Cardinal Point Capital Management, ULC3,902$250.2K0.02%00.0%Unchanged
Chase Investment Counsel Corp3,747$240.0K0.07%−756−16.8%Reduced
XTX Topco Ltd3,677$235.8K0.01%+3,677New
Whetstone Capital Advisors, LLC3,647$233.9K0.06%+3,647New
We Are One Seven, LLC3,631$232.9K0.01%+3,631New
Vise Technologies, Inc.3,593$230.5K0.01%−406−10.2%Reduced
Robertson Stephens Wealth Management, LLC3,490$226.0K0.01%00.0%Unchanged
Dimension Capital Management LLC3,501$224.6K0.03%00.0%Unchanged
Synovus Financial Corp3,478$223.1K0.00%00.0%Unchanged
Oppenheimer Asset Management Inc.3,447$221.1K0.00%+57+1.7%Added
Coldstream Capital Management Inc3,393$217.6K0.00%+354+11.6%Added
Hantz Financial Services, Inc.3,306$212.0K0.00%−59−1.8%Reduced
HighTower Advisors, LLC3,176$203.7K0.00%−744−19.0%Reduced
Strategic Wealth Partners, Ltd.3,032$194.5K0.01%00.0%Unchanged
Pacer Advisors, Inc.2,660$170.6K0.00%−165−5.8%Reduced
CWM, LLC2,563$164.0K0.00%+995+63.5%Added
Advisory Services Network, LLC2,415$154.9K0.00%+2,415New
Parallax Volatility Advisers, L.P.2,387$153.1K0.00%−460−16.2%Reduced
Steward Partners Investment Advisory, LLC2,128$136.5K0.00%+260+13.9%Added
Caldwell Sutter Capital, Inc.2,097$134.5K0.06%−14−0.7%Reduced
GAMMA Investing LLC1,935$124.1K0.01%−53−2.7%Reduced
Bayforest Capital Ltd1,927$123.6K0.06%+1,927New
Nisa Investment Advisors, LLC1,855$121.4K0.00%+1,855New
Covestor Ltd1,820$117.0K0.06%+1,820New
Byrne Asset Management LLC1,780$114.2K0.07%––
Wealthspire Advisors, LLC1,617$103.7K0.00%+1,617New
Parallel Advisors, LLC1,594$102.3K0.00%−62−3.7%Reduced
Bank Julius Baer & Co. Ltd, Zurich1,532$98.3K0.00%+414+37.0%Added
Allworth Financial LP1,458$93.5K0.00%−63−4.1%Reduced
Natixis1,451$93.1K0.00%+151+11.6%Added
Bay Harbor Wealth Management, LLC1,446$92.7K0.03%+112+8.4%Added
Farther Finance Advisors, LLC1,371$87.9K0.00%+144+11.7%Added
Advisors Asset Management, Inc.1,346$86.3K0.00%−1,655−55.1%Reduced
Stonehage Fleming Financial Services Holdings Ltd1,300$83.4K0.00%00.0%Unchanged
Cromwell Holdings LLC1,079$69.9K0.04%+338+45.6%Added
Versant Capital Management, Inc1,057$67.8K0.01%−1,195−53.1%Reduced
Caitong International Asset Management Co., Ltd1,041$66.8K0.05%−74−6.6%Reduced
Massmutual Trust Co FSB1,032$66.2K0.00%+300+41.0%Added
Crewe Advisors LLC1,013$65.0K0.01%−57−5.3%Reduced
Rosenberg Matthew Hamilton1,000$64.1K0.01%00.0%Unchanged
Pension & Wealth Management Advisors, Inc.989$63.4K0.02%+67+7.3%Added
Transamerica Financial Advisors, Inc.849$55.0K0.00%+849New
Grove Bank & Trust846$54.3K0.01%−213−20.1%Reduced
Bogart Wealth, LLC800$51.3K0.00%+28+3.6%Added
IFP Advisors, Inc764$49.0K0.00%+117+18.1%Added
Capital Analysts, LLC766$49.0K0.00%00.0%Unchanged
Exchange Traded Concepts, LLC751$48.2K0.00%+751New
Pflug Koory, LLC716$45.9K0.02%00.0%Unchanged
New Vernon Capital Holdings II LLC707$45.3K0.02%00.0%Unchanged
Huntington National Bank688$44.1K0.00%00.0%Unchanged
Bartlett & Co. Wealth Management LLC635$41.1K0.00%00.0%Unchanged
HM Payson & Co618$39.6K0.00%00.0%Unchanged
Parkside Financial Bank & Trust580$37.2K0.00%+47+8.8%Added
Smartleaf Asset Management LLC536$35.2K0.00%+108+25.2%Added
Ronald Blue Trust, Inc.543$34.8K0.00%00.0%Unchanged
SBI Securities Co., Ltd.503$32.3K0.00%−30−5.6%Reduced
Cary Street Partner Investment Advisory LLC500$32.1K0.01%−23−4.4%Reduced
City State Bank490$31.4K0.01%00.0%Unchanged
Hazlett, Burt & Watson, Inc.480$31.0K0.01%−75−13.5%Reduced
Valley National Advisers Inc495$31.0K0.00%00.0%Unchanged
Steigerwald, Gordon & Koch Inc.450$28.9K0.00%+450New
Umb Bank N A425$27.3K0.00%−181−29.9%Reduced
SRS Capital Advisors, Inc.404$25.9K0.00%+385+2,026.3%Added
Towarzystwo Funduszy Inwestycyjnych Pzu SA380$24.4K0.01%00.0%Unchanged
EverSource Wealth Advisors, LLC361$23.2K0.00%+131+57.0%Added
Pinnacle Bancorp, Inc.357$22.9K0.01%+357New
Measured Wealth Private Client Group, LLC350$22.4K0.01%+350New
Hartford Financial Management Inc.347$22.3K0.01%+33+10.5%Added
Brown Brothers Harriman & Co327$21.0K0.00%−98−23.1%Reduced