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, Q4 2025
Institutional positions in Restaurant Brands International Inc. as of Dec 31, 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
- 506
- +51 vs. Q3 2025
- Shares held
- 293.8M
- +9.63M (+3.4%) vs. Q3 2025
- Total value
- $20.1B
- +$1.82B (+9.9%) vs. Q3 2025
- New holders
- 94
- 199 more added
- Sold out
- 43
- 138 more reduced
9 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Atria Investments LLC | 6,289 | $429.1K | 0.00% | +691+12.3% | Added |
| Raleigh Capital Management Inc. | 6,418 | $437.9K | 0.16% | −407−6.0% | Reduced |
| Probity Advisors, Inc. | 6,537 | $446.0K | 0.07% | −594−8.3% | Reduced |
| CWM, LLC | 6,873 | $469.0K | 0.00% | +4,310+168.2% | Added |
| Principal Securities, Inc. | 7,032 | $479.8K | 0.01% | +418+6.3% | Added |
| UniSuper Management Pty Ltd | 5,200 | $487.0K | 0.00% | 00.0% | Unchanged |
| Prospera Financial Services Inc | 7,215 | $492.9K | 0.01% | −951−11.6% | Reduced |
| Exencial Wealth Advisors, LLC | 7,268 | $495.9K | 0.02% | +286+4.1% | Added |
| Leonteq Securities AG | 7,312 | $498.9K | 0.03% | −3,229−30.6% | Reduced |
| Yousif Capital Management, LLC | 7,335 | $500.8K | 0.01% | +30+0.4% | Added |
| Resources Investment Advisors, LLC. | 7,526 | $513.5K | 0.01% | −7,143−48.7% | Reduced |
| Principal Financial Group Inc | 7,639 | $521.2K | 0.00% | −2,942−27.8% | Reduced |
| Roundview Capital LLC | 7,816 | $533.3K | 0.03% | +62+0.8% | Added |
| Intech Investment Management LLC | 7,891 | $539.2K | 0.00% | 00.0% | Unchanged |
| Legacy Wealth Asset Management, LLC | 8,029 | $547.8K | 0.13% | +161+2.0% | Added |
| Chesapeake Capital Corp | 8,101 | $552.7K | 0.46% | +8,101 | New |
| Cambridge Investment Research Advisors, Inc. | 8,186 | $559.0K | 0.00% | −221−2.6% | Reduced |
| Jain Global LLC | 8,246 | $562.7K | 0.01% | +8,246 | New |
| Signaturefd, LLC | 8,270 | $564.3K | 0.01% | +1,607+24.1% | Added |
| Sterling Capital Management LLC | 8,416 | $574.2K | 0.01% | +850+11.2% | Added |
| Sumitomo Life Insurance Co | 8,442 | $576.0K | 0.02% | −7−0.1% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 8,442 | $576.0K | 0.00% | −7−0.1% | Reduced |
| D.A. Davidson & Co. | 8,451 | $576.6K | 0.00% | +154+1.9% | Added |
| Kentucky Retirement Systems Insurance Trust Fund | 8,514 | $580.9K | 0.04% | 00.0% | Unchanged |
| Kestra Advisory Services, LLC | 8,560 | $584.0K | 0.00% | −1,095−11.3% | Reduced |
| Laird Norton Trust Company, LLC | 8,570 | $590.0K | 0.01% | +8,570 | New |
| XTX Topco Ltd | 8,819 | $601.7K | 0.02% | +5,142+139.8% | Added |
| Sequoia Financial Advisors, LLC | 8,929 | $609.3K | 0.00% | +874+10.9% | Added |
| US Bancorp | 8,952 | $610.9K | 0.00% | +726+8.8% | Added |
| MML Investors Services, LLC | 8,980 | $612.7K | 0.00% | +1,688+23.1% | Added |
| Argonautica Private Wealth Management, Inc | 9,006 | $614.5K | 0.18% | +3,403+60.7% | Added |
| Ieq Capital, LLC | 9,009 | $614.7K | 0.00% | +3,261+56.7% | Added |
| Cullen Investment Group, Ltd. | 9,016 | $622.1K | 0.08% | +120+1.3% | Added |
| BKM Wealth Management, LLC | 9,199 | $627.7K | 0.23% | +92+1.0% | Added |
| STRS Ohio | 9,349 | $638.0K | 0.00% | −60−0.6% | Reduced |
| Guardian Partners Inc. | 9,188 | $642.6K | 0.05% | +1,037+12.7% | Added |
| Applied Finance Capital Management, LLC | 9,440 | $644.1K | 0.05% | +179+1.9% | Added |
| Prudential Financial Inc | 9,442 | $644.2K | 0.00% | −7,218−43.3% | Reduced |
| Pathstone Holdings, LLC | 9,549 | $652.0K | 0.00% | +138+1.5% | Added |
| Pitcairn Wealth Advisors LLC | 9,672 | $659.9K | 0.06% | +9,672 | New |
| NBC Securities, Inc. | 9,883 | $674.3K | 0.05% | −31−0.3% | Reduced |
| Metis Global Partners, LLC | 10,255 | $699.8K | 0.02% | −3,241−24.0% | Reduced |
| Steward Partners Investment Advisory, LLC | 10,298 | $702.6K | 0.00% | +8,170+383.9% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 10,504 | $716.7K | 0.00% | +10,504 | New |
| Wolverine Asset Management LLC | 10,787 | $736.0K | 0.01% | −46−0.4% | Reduced |
| HB Wealth Management, LLC | 10,795 | $736.5K | 0.00% | +2,363+28.0% | Added |
| UBS Asset Management Americas Inc | 10,937 | $746.2K | 0.00% | +10,937 | New |
| Quadrant Capital Group LLC | 11,164 | $761.9K | 0.02% | −103−0.9% | Reduced |
| Aigen Investment Management, LP | 9,384 | $767.8K | 0.18% | +9,384 | New |
| North Dakota State Investment Board | 11,400 | $777.8K | 0.03% | +11,400 | New |
| O'Shaughnessy Asset Management, LLC | 11,511 | $785.4K | 0.00% | +967+9.2% | Added |
| AE Wealth Management LLC | 11,626 | $793.2K | 0.00% | +601+5.5% | Added |
| CIBC Private Wealth Group, LLC | 12,023 | $820.3K | 0.00% | −2,671−18.2% | Reduced |
| JustInvest LLC | 12,094 | $825.2K | 0.01% | +2,731+29.2% | Added |
| Generali Asset Management SPA SGR | 8,965 | $839.7K | 0.02% | +857+10.6% | Added |
| Kendall Capital Management | 12,545 | $855.9K | 0.18% | +380+3.1% | Added |
| Aspiriant, LLC | 13,091 | $893.2K | 0.03% | +19+0.1% | Added |
| Mercer Global Advisors Inc | 13,292 | $906.9K | 0.00% | +3,040+29.7% | Added |
| Crossmark Global Holdings, Inc. | 13,417 | $915.4K | 0.01% | −4,988−27.1% | Reduced |
| Waterfront Wealth Inc. | 13,467 | $917.0K | 0.17% | −30.0% | Reduced |
| ASR Vermogensbeheer N.V. | 13,583 | $928.1K | 0.01% | 00.0% | Unchanged |
| Dorato Capital Management | 13,356 | $933.3K | 0.70% | +13,356 | New |
| Lombard Odier Asset Management (Switzerland) SA | 13,841 | $944.5K | 0.04% | +13,841 | New |
| Gulf International Bank (UK) Ltd | 14,292 | $975.0K | 0.03% | 00.0% | Unchanged |
| PCM Encore, LLC | 14,604 | $996.4K | 0.21% | +14,604 | New |
| Nilsine Partners, LLC | 14,887 | $1.02M | 0.09% | +721+5.1% | Added |
| Royal Fund Management, LLC | 15,030 | $1.03M | 0.09% | −4,900−24.6% | Reduced |
| Cerity Partners LLC | 15,093 | $1.03M | 0.00% | −4,795−24.1% | Reduced |
| Captrust Financial Advisors | 15,136 | $1.03M | 0.00% | +289+1.9% | Added |
| MetLife Investment Management | 15,240 | $1.04M | 0.01% | +79+0.5% | Added |
| Maryland State Retirement & Pension System | 15,725 | $1.07M | 0.02% | 00.0% | Unchanged |
| Braun Stacey Associates Inc | 16,274 | $1.11M | 0.04% | +50.0% | Added |
| The PNC Financial Services Group, Inc. | 16,724 | $1.14M | 0.00% | +1,011+6.4% | Added |
| Royal London Asset Management Ltd | 16,930 | $1.16M | 0.00% | +741+4.6% | Added |
| Bank Ozk | 17,274 | $1.18M | 0.42% | +17,274 | New |
| Mariner, LLC | 17,336 | $1.18M | 0.00% | −193−1.1% | Reduced |
| Picton Mahoney Asset Management | 17,498 | $1.19M | 0.01% | +6,070+53.1% | Added |
| OpenArc Corporate Advisory, LLC | 17,521 | $1.20M | 0.02% | +17,521 | New |
| BNP Paribas Arbitrage, SA | 17,598 | $1.20M | 0.00% | −2,775−13.6% | Reduced |
| Hutner Capital Management Inc | 17,788 | $1.21M | 0.51% | +2,002+12.7% | Added |
| Jane Street Group, LLC | 17,881 | $1.22M | 0.00% | +7,173+67.0% | Added |
| First Trust Advisors LP | 17,974 | $1.23M | 0.00% | +933+5.5% | Added |
| Savoir Faire Capital Management, L.P. | 18,063 | $1.23M | 0.58% | −17,059−48.6% | Reduced |
| Capula Management Ltd | 18,794 | $1.28M | 0.01% | −78,637−80.7% | Reduced |
| Fiduciary Trust Co | 18,843 | $1.29M | 0.01% | −184−1.0% | Reduced |
| Hudson Portfolio Management LLC | 18,942 | $1.29M | 1.11% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 19,019 | $1.30M | 0.00% | +19,019 | New |
| Fox Run Management, L.L.C. | 19,448 | $1.33M | 0.20% | +7,271+59.7% | Added |
| Y-Intercept (Hong Kong) Ltd | 19,701 | $1.34M | 0.03% | +19,701 | New |
| Lee Financial Co | 19,720 | $1.35M | 0.18% | −2,389−10.8% | Reduced |
| California State Teachers Retirement System | 20,138 | $1.37M | 0.00% | −365−1.8% | Reduced |
| Kentucky Retirement Systems | 20,313 | $1.39M | 0.04% | 00.0% | Unchanged |
| Janney Montgomery Scott LLC | 20,775 | $1.42M | 0.00% | +15,024+261.2% | Added |
| Blueshift Asset Management, LLC | 20,985 | $1.43M | 0.41% | −10,566−33.5% | Reduced |
| Swiss Life Asset Management Ltd | 21,197 | $1.45M | 0.01% | −77−0.4% | Reduced |
| Arrowstreet Capital, Limited Partnership | 21,750 | $1.48M | 0.00% | +21,750 | New |
| Neuberger Berman Group LLC | 22,210 | $1.52M | 0.00% | −1,409−6.0% | Reduced |
| Advisor Group Holdings, Inc. | 22,274 | $1.52M | 0.00% | +4,759+27.2% | Added |
| Fiduciary Family Office, LLC | 22,848 | $1.56M | 0.45% | +946+4.3% | Added |
| Amalgamated Bank | 23,225 | $1.58M | 0.01% | +180+0.8% | Added |