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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
Mather Group, LLC.324$20.8K0.00%+324New
Private Trust Co NA322$20.7K0.00%−197−38.0%Reduced
Wealth Watch Advisors, INC314$20.1K0.01%+314New
Fifth Third Bancorp308$19.8K0.00%+124+67.4%Added
Global Retirement Partners, LLC293$18.8K0.00%−84−22.3%Reduced
Bessemer Group Inc257$17.0K0.00%+242+1,613.3%Added
Farmers & Merchants Investments Inc261$16.7K0.00%00.0%Unchanged
Pacifica Partners Inc.245$15.9K0.01%00.0%Unchanged
Harbour Investments, Inc.216$13.9K0.00%+19+9.6%Added
GPS Wealth Strategies Group, LLC209$13.4K0.00%00.0%Unchanged
Sound Income Strategies, LLC177$11.8K0.00%00.0%Unchanged
Mechanics Financial Corp174$11.2K0.00%00.0%Unchanged
AdvisorNet Financial, Inc169$10.8K0.00%−161−48.8%Reduced
Foster Dykema Cabot & Partners, LLC158$10.2K0.00%+158New
Wealth Preservation Advisors, LLC153$9.81K0.01%+22+16.8%Added
Quest 10 Wealth Builders, Inc.139$8.91K0.01%+7+5.3%Added
Indiana Trust & Investment Management CO127$8.15K0.00%00.0%Unchanged
Golden State Wealth Management, LLC123$7.93K0.00%00.0%Unchanged
Westside Investment Management, Inc.116$7.67K0.00%+116New
CoreCap Advisors, LLC113$7.25K0.00%+50+79.4%Added
Clearstead Advisors, LLC111$7.12K0.00%+111New
Financial Management Professionals, Inc.108$6.99K0.00%00.0%Unchanged
JPL Wealth Management, LLC108$6.93K0.00%+108New
Harbor Investment Advisory, LLC108$6.93K0.00%00.0%Unchanged
Creative Financial Designs Inc108$6.93K0.00%+4+3.8%Added
Spire Wealth Management105$6.74K0.00%00.0%Unchanged
Salem Investment Counselors Inc100$6.48K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC96$6.16K0.00%00.0%Unchanged
NBT Bank N A64$4.88K0.00%−12−15.8%Reduced
First Community Trust NA75$4.81K0.00%00.0%Unchanged
JFS Wealth Advisors, LLC73$4.68K0.00%00.0%Unchanged
TSFG, LLC61$4.00K0.00%+1+1.7%Added
Nalls Sherbakoff Group, LLC54$3.46K0.00%00.0%Unchanged
Quent Capital, LLC54$3.46K0.00%+54New
Bell Investment Advisors, Inc53$3.40K0.00%00.0%Unchanged
Trust Co of Toledo NA51$3.27K0.00%−18−26.1%Reduced
Optiver Holding B.V.51$3.27K0.00%+22+75.9%Added
Gold Investment Management Ltd.49$3.14K0.00%00.0%Unchanged
Cape Investment Advisory, Inc.47$3.02K0.00%+19+67.9%Added
CX Institutional50$3.00K0.00%−464−90.3%Reduced
Hughes Financial Services, LLC37$2.56K0.00%00.0%Unchanged
True Wealth Design, LLC39$2.50K0.00%+23+143.8%Added
Atlantic Trust, LLC38$2.44K0.00%+38New
Rossby Financial, LCC24$1.59K0.00%00.0%Unchanged
Asset Dedication, LLC23$1.48K0.00%−7−23.3%Reduced
Essential Partners LLC22$1.41K0.00%+22New
Rothschild Investment LLC21$1.35K0.00%+11+110.0%Added
Millstone Evans Group, LLC18$1.16K0.00%00.0%Unchanged
Larson Financial Group LLC18$1.16K0.00%+18New
Penserra Capital Management LLC21$1.00K0.00%−6−22.2%Reduced
Tortoise Investment Management, LLC12$7700.00%+12New
Raffa Wealth Management, LLC11$7060.00%00.0%Unchanged
MV Capital Management, Inc.10$6420.00%+10New
St Germain D J Co Inc10$6410.00%00.0%Unchanged
Cornerstone Planning Group LLC10$5890.00%−25−71.4%Reduced
UMA Financial Services, Inc.8$5370.00%00.0%Unchanged
Turning Point Benefit Group, Inc.6$3960.00%+6New
IAG Wealth Partners, LLC6$3850.00%00.0%Unchanged
South State Corp.5$3210.00%+5New
Manchester Capital Management LLC3$1930.00%−2−40.0%Reduced
Sunbelt Securities, Inc.3$1920.00%+3New
Smallwood Wealth Investment Management, LLC2$1280.00%00.0%Unchanged
Main Street Group, LTD1$640.00%00.0%Unchanged
Rakuten Securities, Inc.1$640.00%00.0%Unchanged
Erste Asset Management GmbH0$00.00%−3,800−100.0%Sold out
UBS Asset Management Americas Inc0$00.00%−1,123,651−100.0%Sold out
RDST Capital LLC0$00.00%−968,064−100.0%Sold out
Woodline Partners LP0$00.00%−948,519−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−489,232−100.0%Sold out
JCP Investment Management, LLC0$00.00%−290,438−100.0%Sold out
Twinbeech Capital LP0$00.00%−218,225−100.0%Sold out
Armistice Capital, LLC0$00.00%−124,391−100.0%Sold out
Nebula Research & Development LLC0$00.00%−69,833−100.0%Sold out
Journey Advisory Group, LLC0$00.00%−61,913−100.0%Sold out
Qsemble Capital Management, LP0$00.00%−59,648−100.0%Sold out
Delta Global Management LP0$00.00%−35,679−100.0%Sold out
Seascape Capital Management0$00.00%−35,489−100.0%Sold out
AXA S.A.0$00.00%−33,199−100.0%Sold out
Macquarie Group Ltd0$00.00%−23,238−100.0%Sold out
Aigen Investment Management, LP0$00.00%−24,913−100.0%Sold out
Entropy Technologies, LP0$00.00%−27,635−100.0%Sold out
Virtu Financial LLC0$00.00%−22,316−100.0%Sold out
111 Capital0$00.00%−14,275−100.0%Sold out
Gluskin Sheff & Assoc Inc0$00.00%−14,189−100.0%Sold out
Maverick Capital LtdSuperinvestorMaverick Capital0$00.00%−12,636−100.0%Sold out
Campbell & CO Investment Adviser LLC0$00.00%−12,280−100.0%Sold out
Oxford Asset Management LLP0$00.00%−11,263−100.0%Sold out
Lombard Odier Asset Management (Switzerland) SA0$00.00%−11,041−100.0%Sold out
Redwood Investment Management, LLC0$00.00%−9,500−100.0%Sold out
Novare Capital Management LLC0$00.00%−8,827−100.0%Sold out
Ossiam0$00.00%−8,530−100.0%Sold out
Winton Group Ltd0$00.00%−4,000−100.0%Sold out
Davenport & Co LLC0$00.00%−3,478−100.0%Sold out
Assenagon Asset Management S.A.0$00.00%−3,444−100.0%Sold out
Concurrent Investment Advisors, LLC0$00.00%−3,092−100.0%Sold out
GeoWealth Management, LLC0$00.00%−2,637−100.0%Sold out
Park Square Financial Group, LLC0$00.00%−1,832−100.0%Sold out
Andra AP-fonden0$00.00%−1,200−100.0%Sold out
S.A. Mason LLC0$00.00%−1,000−100.0%Sold out
Mount Yale Investment Advisors, LLC0$00.00%−546−100.0%Sold out