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 |
|---|---|---|---|---|---|
| Aspire Private Capital, LLC | 24,973 | $1.70M | 0.38% | −87−0.3% | Reduced |
| Bennett Selby Investments LP | 24,842 | $1.69M | 0.55% | −632−2.5% | Reduced |
| Burkett Asset Management Ltd | 24,772 | $1.69M | 1.71% | +24,772 | New |
| Partners Group Holding AG | 24,645 | $1.68M | 0.11% | +24,645 | New |
| Qsemble Capital Management, LP | 24,054 | $1.64M | 0.14% | +24,054 | New |
| Hilltop National Bank | 23,547 | $1.61M | 0.39% | +23,547 | New |
| Amalgamated Bank | 23,225 | $1.58M | 0.01% | +180+0.8% | Added |
| Fiduciary Family Office, LLC | 22,848 | $1.56M | 0.45% | +946+4.3% | Added |
| Advisor Group Holdings, Inc. | 22,274 | $1.52M | 0.00% | +4,759+27.2% | Added |
| Neuberger Berman Group LLC | 22,210 | $1.52M | 0.00% | −1,409−6.0% | Reduced |
| Arrowstreet Capital, Limited Partnership | 21,750 | $1.48M | 0.00% | +21,750 | New |
| Swiss Life Asset Management Ltd | 21,197 | $1.45M | 0.01% | −77−0.4% | Reduced |
| Blueshift Asset Management, LLC | 20,985 | $1.43M | 0.41% | −10,566−33.5% | Reduced |
| Janney Montgomery Scott LLC | 20,775 | $1.42M | 0.00% | +15,024+261.2% | Added |
| Kentucky Retirement Systems | 20,313 | $1.39M | 0.04% | 00.0% | Unchanged |
| California State Teachers Retirement System | 20,138 | $1.37M | 0.00% | −365−1.8% | Reduced |
| Lee Financial Co | 19,720 | $1.35M | 0.18% | −2,389−10.8% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 19,701 | $1.34M | 0.03% | +19,701 | New |
| Fox Run Management, L.L.C. | 19,448 | $1.33M | 0.20% | +7,271+59.7% | Added |
| Thrivent Financial for Lutherans | 19,019 | $1.30M | 0.00% | +19,019 | New |
| Hudson Portfolio Management LLC | 18,942 | $1.29M | 1.11% | 00.0% | Unchanged |
| Fiduciary Trust Co | 18,843 | $1.29M | 0.01% | −184−1.0% | Reduced |
| Capula Management Ltd | 18,794 | $1.28M | 0.01% | −78,637−80.7% | Reduced |
| Savoir Faire Capital Management, L.P. | 18,063 | $1.23M | 0.58% | −17,059−48.6% | Reduced |
| First Trust Advisors LP | 17,974 | $1.23M | 0.00% | +933+5.5% | Added |
| Jane Street Group, LLC | 17,881 | $1.22M | 0.00% | +7,173+67.0% | Added |
| Hutner Capital Management Inc | 17,788 | $1.21M | 0.51% | +2,002+12.7% | Added |
| BNP Paribas Arbitrage, SA | 17,598 | $1.20M | 0.00% | −2,775−13.6% | Reduced |
| OpenArc Corporate Advisory, LLC | 17,521 | $1.20M | 0.02% | +17,521 | New |
| Picton Mahoney Asset Management | 17,498 | $1.19M | 0.01% | +6,070+53.1% | Added |
| Mariner, LLC | 17,336 | $1.18M | 0.00% | −193−1.1% | Reduced |
| Bank Ozk | 17,274 | $1.18M | 0.42% | +17,274 | New |
| Royal London Asset Management Ltd | 16,930 | $1.16M | 0.00% | +741+4.6% | Added |
| The PNC Financial Services Group, Inc. | 16,724 | $1.14M | 0.00% | +1,011+6.4% | Added |
| Braun Stacey Associates Inc | 16,274 | $1.11M | 0.04% | +50.0% | Added |
| Maryland State Retirement & Pension System | 15,725 | $1.07M | 0.02% | 00.0% | Unchanged |
| MetLife Investment Management | 15,240 | $1.04M | 0.01% | +79+0.5% | Added |
| Captrust Financial Advisors | 15,136 | $1.03M | 0.00% | +289+1.9% | Added |
| Cerity Partners LLC | 15,093 | $1.03M | 0.00% | −4,795−24.1% | Reduced |
| Royal Fund Management, LLC | 15,030 | $1.03M | 0.09% | −4,900−24.6% | Reduced |
| Nilsine Partners, LLC | 14,887 | $1.02M | 0.09% | +721+5.1% | Added |
| PCM Encore, LLC | 14,604 | $996.4K | 0.21% | +14,604 | New |
| Gulf International Bank (UK) Ltd | 14,292 | $975.0K | 0.03% | 00.0% | Unchanged |
| Lombard Odier Asset Management (Switzerland) SA | 13,841 | $944.5K | 0.04% | +13,841 | New |
| Dorato Capital Management | 13,356 | $933.3K | 0.70% | +13,356 | New |
| ASR Vermogensbeheer N.V. | 13,583 | $928.1K | 0.01% | 00.0% | Unchanged |
| Waterfront Wealth Inc. | 13,467 | $917.0K | 0.17% | −30.0% | Reduced |
| Crossmark Global Holdings, Inc. | 13,417 | $915.4K | 0.01% | −4,988−27.1% | Reduced |
| Mercer Global Advisors Inc | 13,292 | $906.9K | 0.00% | +3,040+29.7% | Added |
| Aspiriant, LLC | 13,091 | $893.2K | 0.03% | +19+0.1% | Added |
| Kendall Capital Management | 12,545 | $855.9K | 0.18% | +380+3.1% | Added |
| Generali Asset Management SPA SGR | 8,965 | $839.7K | 0.02% | +857+10.6% | Added |
| JustInvest LLC | 12,094 | $825.2K | 0.01% | +2,731+29.2% | Added |
| CIBC Private Wealth Group, LLC | 12,023 | $820.3K | 0.00% | −2,671−18.2% | Reduced |
| AE Wealth Management LLC | 11,626 | $793.2K | 0.00% | +601+5.5% | Added |
| O'Shaughnessy Asset Management, LLC | 11,511 | $785.4K | 0.00% | +967+9.2% | Added |
| North Dakota State Investment Board | 11,400 | $777.8K | 0.03% | +11,400 | New |
| Aigen Investment Management, LP | 9,384 | $767.8K | 0.18% | +9,384 | New |
| Quadrant Capital Group LLC | 11,164 | $761.9K | 0.02% | −103−0.9% | Reduced |
| UBS Asset Management Americas Inc | 10,937 | $746.2K | 0.00% | +10,937 | New |
| HB Wealth Management, LLC | 10,795 | $736.5K | 0.00% | +2,363+28.0% | Added |
| Wolverine Asset Management LLC | 10,787 | $736.0K | 0.01% | −46−0.4% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 10,504 | $716.7K | 0.00% | +10,504 | New |
| Steward Partners Investment Advisory, LLC | 10,298 | $702.6K | 0.00% | +8,170+383.9% | Added |
| Metis Global Partners, LLC | 10,255 | $699.8K | 0.02% | −3,241−24.0% | Reduced |
| NBC Securities, Inc. | 9,883 | $674.3K | 0.05% | −31−0.3% | Reduced |
| Pitcairn Wealth Advisors LLC | 9,672 | $659.9K | 0.06% | +9,672 | New |
| Pathstone Holdings, LLC | 9,549 | $652.0K | 0.00% | +138+1.5% | Added |
| Prudential Financial Inc | 9,442 | $644.2K | 0.00% | −7,218−43.3% | Reduced |
| Applied Finance Capital Management, LLC | 9,440 | $644.1K | 0.05% | +179+1.9% | Added |
| Guardian Partners Inc. | 9,188 | $642.6K | 0.05% | +1,037+12.7% | Added |
| STRS Ohio | 9,349 | $638.0K | 0.00% | −60−0.6% | Reduced |
| BKM Wealth Management, LLC | 9,199 | $627.7K | 0.23% | +92+1.0% | Added |
| Cullen Investment Group, Ltd. | 9,016 | $622.1K | 0.08% | +120+1.3% | Added |
| Ieq Capital, LLC | 9,009 | $614.7K | 0.00% | +3,261+56.7% | Added |
| Argonautica Private Wealth Management, Inc | 9,006 | $614.5K | 0.18% | +3,403+60.7% | Added |
| MML Investors Services, LLC | 8,980 | $612.7K | 0.00% | +1,688+23.1% | Added |
| US Bancorp | 8,952 | $610.9K | 0.00% | +726+8.8% | Added |
| Sequoia Financial Advisors, LLC | 8,929 | $609.3K | 0.00% | +874+10.9% | Added |
| XTX Topco Ltd | 8,819 | $601.7K | 0.02% | +5,142+139.8% | Added |
| Laird Norton Trust Company, LLC | 8,570 | $590.0K | 0.01% | +8,570 | New |
| Kestra Advisory Services, LLC | 8,560 | $584.0K | 0.00% | −1,095−11.3% | Reduced |
| Kentucky Retirement Systems Insurance Trust Fund | 8,514 | $580.9K | 0.04% | 00.0% | Unchanged |
| D.A. Davidson & Co. | 8,451 | $576.6K | 0.00% | +154+1.9% | 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 |
| Sterling Capital Management LLC | 8,416 | $574.2K | 0.01% | +850+11.2% | Added |
| Signaturefd, LLC | 8,270 | $564.3K | 0.01% | +1,607+24.1% | Added |
| Jain Global LLC | 8,246 | $562.7K | 0.01% | +8,246 | New |
| Cambridge Investment Research Advisors, Inc. | 8,186 | $559.0K | 0.00% | −221−2.6% | Reduced |
| Chesapeake Capital Corp | 8,101 | $552.7K | 0.46% | +8,101 | New |
| Legacy Wealth Asset Management, LLC | 8,029 | $547.8K | 0.13% | +161+2.0% | Added |
| Intech Investment Management LLC | 7,891 | $539.2K | 0.00% | 00.0% | Unchanged |
| Roundview Capital LLC | 7,816 | $533.3K | 0.03% | +62+0.8% | Added |
| Principal Financial Group Inc | 7,639 | $521.2K | 0.00% | −2,942−27.8% | Reduced |
| Resources Investment Advisors, LLC. | 7,526 | $513.5K | 0.01% | −7,143−48.7% | Reduced |
| Yousif Capital Management, LLC | 7,335 | $500.8K | 0.01% | +30+0.4% | Added |
| Leonteq Securities AG | 7,312 | $498.9K | 0.03% | −3,229−30.6% | Reduced |
| Exencial Wealth Advisors, LLC | 7,268 | $495.9K | 0.02% | +286+4.1% | Added |
| Prospera Financial Services Inc | 7,215 | $492.9K | 0.01% | −951−11.6% | Reduced |