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, Q1 2026
Institutional positions in Restaurant Brands International Inc. as of Mar 31, 2026. 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
- 550
- +51 vs. Q4 2025
- Shares held
- 302.4M
- +28.6M (+10.5%) vs. Q4 2025
- Total value
- $22.4B
- +$3.66B (+19.6%) vs. Q4 2025
- New holders
- 103
- 234 more added
- Sold out
- 52
- 134 more reduced
7 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital World Investors | 42,858,035 | $3.17B | 0.43% | −667,535−1.5% | Reduced |
| Pershing Square Capital Management, L.P. | 22,645,483 | $1.67B | 12.20% | −221,290−1.0% | Reduced |
| EdgePoint Investment Group Inc. | 19,348,137 | $1.43B | 11.48% | +2,703,134+16.2% | Added |
| Royal Bank of Canada | 18,386,132 | $1.36B | 0.26% | −158,595−0.9% | Reduced |
| Vanguard Capital Management LLC | 10,311,116 | $763.0M | 0.02% | +10,311,116 | New |
| Bank of Montreal | 9,011,952 | $667.0M | 0.28% | −6,207,995−40.8% | Reduced |
| FMR LLC | 8,257,855 | $611.0M | 0.03% | +315,871+4.0% | Added |
| Baupost Group LLCSuperinvestorBaupost Group | 8,080,112 | $597.2M | 11.67% | 00.0% | Unchanged |
| BlackRock, Inc. | 7,989,508 | $590.4M | 0.01% | +467,128+6.2% | Added |
| Morgan Stanley | 7,321,602 | $541.1M | 0.03% | −1,107,519−13.1% | Reduced |
| Goldman Sachs Group Inc | 7,113,439 | $525.7M | 0.07% | +4,590,048+181.9% | Added |
| CIBC World Markets Inc. | 6,760,192 | $499.6M | 0.88% | +3,070,486+83.2% | Added |
| Fiera Capital Corp | 6,692,221 | $494.4M | 1.69% | −143,301−2.1% | Reduced |
| Geode Capital Management, LLC | 5,549,070 | $420.1M | 0.03% | +332,085+6.4% | Added |
| TD Asset Management Inc | 5,638,563 | $415.9M | 0.34% | +93,783+1.7% | Added |
| Beutel, Goodman & Co Ltd. | 5,098,410 | $376.1M | 2.55% | −449,610−8.1% | Reduced |
| Bank of America Corp | 4,932,662 | $364.5M | 0.03% | +2,910,454+143.9% | Added |
| Platinum Paramount Investment Ltd. | 4,118,904 | $304.4M | 44.16% | 00.0% | Unchanged |
| Davis Selected Advisers | 3,599,127 | $266.0M | 1.22% | −421,664−10.5% | Reduced |
| 1832 Asset Management L.P. | 3,585,870 | $265.0M | 0.35% | −232,076−6.1% | Reduced |
| Invesco Ltd. | 3,543,002 | $261.8M | 0.03% | +73,023+2.1% | Added |
| State Street Corp | 3,514,684 | $261.8M | 0.01% | +359,572+11.4% | Added |
| National Bank of Canada | 3,553,001 | $259.8M | 0.27% | −279,183−7.3% | Reduced |
| FIL Ltd | 3,504,680 | $259.3M | 0.20% | −925,355−20.9% | Reduced |
| Canoe Financial LP | 3,348,043 | $247.7M | 3.38% | +858,490+34.5% | Added |
| Vanguard Fiduciary Trust Co | 3,068,611 | $227.1M | 0.06% | +3,068,611 | New |
| Canada Pension Plan Investment Board | 2,940,378 | $217.6M | 0.14% | +190,000+6.9% | Added |
| Capital Research Global Investors | 2,508,986 | $185.4M | 0.03% | +468,861+23.0% | Added |
| Vanguard Global Advisers, LLC | 2,398,167 | $177.5M | 0.10% | +2,398,167 | New |
| TD Waterhouse Canada Inc. | 2,361,339 | $173.5M | 0.51% | +1,387,138+142.4% | Added |
| Citadel Advisors LLC | 2,077,208 | $153.5M | 0.11% | +888,962+74.8% | Added |
| London Co of Virginia | 2,002,235 | $148.0M | 0.91% | +2,002,235 | New |
| Toronto Dominion Bank | 1,766,273 | $130.7M | 0.25% | −1,541,311−46.6% | Reduced |
| Legal & General Group Plc | 1,725,304 | $127.3M | 0.03% | +31,793+1.9% | Added |
| Mackenzie Financial Corp | 1,670,001 | $123.6M | 0.15% | −148,753−8.2% | Reduced |
| JPMorgan Chase & Co | 1,659,396 | $122.4M | 0.01% | +188,623+12.8% | Added |
| Corvex Management LP | 1,578,254 | $116.6M | 4.64% | −830,489−34.5% | Reduced |
| UBS Group AG | 1,500,473 | $110.9M | 0.02% | +91,634+6.5% | Added |
| Dimensional Fund Advisors LP | 1,372,903 | $101.5M | 0.02% | +108,473+8.6% | Added |
| Scotia Capital Inc. | 1,320,532 | $96.7M | 0.40% | −136,945−9.4% | Reduced |
| CIBC Asset Management Inc | 1,283,774 | $95.2M | 0.23% | −33,424−2.5% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 1,153,250 | $85.4M | 0.20% | +583,112+102.3% | Added |
| Swiss National Bank | 1,107,530 | $81.8M | 0.05% | +282,100+34.2% | Added |
| Cullen Capital Management LLC | 1,105,654 | $81.7M | 0.84% | +1,105,654 | New |
| Manufacturers Life Insurance Company, The | 1,102,497 | $81.5M | 0.07% | −78,720−6.7% | Reduced |
| Bank of Nova Scotia | 1,095,285 | $81.0M | 0.14% | +270,816+32.8% | Added |
| Bank of New York Mellon Corp | 1,065,880 | $78.8M | 0.01% | +64,670+6.5% | Added |
| Charles Schwab Investment Management Inc | 1,049,343 | $77.4M | 0.01% | +89,345+9.3% | Added |
| Public Sector Pension Investment Board | 1,006,381 | $74.5M | 0.23% | +956,374+1,912.5% | Added |
| Aviso Financial Inc. | 990,535 | $73.2M | 2.60% | −10,015−1.0% | Reduced |
| Guardian Capital LP | 979,526 | $72.3M | 1.91% | +97,613+11.1% | Added |
| Northern Trust Corp | 967,981 | $71.5M | 0.01% | +22,481+2.4% | Added |
| Envestnet Asset Management Inc | 907,372 | $67.1M | 0.02% | +439,216+93.8% | Added |
| Alberta Investment Management Corp | 881,080 | $65.2M | 0.40% | +14,980+1.7% | Added |
| Epoch Investment Partners, Inc. | 833,338 | $61.6M | 0.37% | −13,625−1.6% | Reduced |
| Nuveen, LLC | 765,447 | $56.5M | 0.02% | +70,745+10.2% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 752,789 | $55.7M | 0.06% | +142,796+23.4% | Added |
| Caisse de Depot Et Placement du Quebec | 739,937 | $54.6M | 0.09% | +739,937 | New |
| Cidel Asset Management Inc | 693,116 | $51.1M | 2.79% | +306,555+79.3% | Added |
| Vanguard Asset Management, Ltd | 684,106 | $50.6M | 0.04% | +684,106 | New |
| Letko, Brosseau & Associates Inc | 669,617 | $49.4M | 0.80% | +65,425+10.8% | Added |
| Capital International Sarl | 650,735 | $48.1M | 0.79% | +179,058+38.0% | Added |
| Intact Investment Management Inc. | 648,661 | $48.0M | 1.37% | +144,400+28.6% | Added |
| Raymond James Financial Inc | 628,834 | $46.5M | 0.01% | +102,186+19.4% | Added |
| Federated Hermes, Inc. | 604,681 | $44.7M | 0.07% | +535,892+779.0% | Added |
| GW&K Investment Management, LLC | 578,531 | $42.8M | 0.38% | −9,481−1.6% | Reduced |
| Continental Grain Co | 559,178 | $41.3M | 11.30% | 00.0% | Unchanged |
| Deutsche Bank AG | 550,078 | $40.7M | 0.01% | +50,189+10.0% | Added |
| Omers Administration Corp | 550,000 | $40.6M | 0.26% | +550,000 | New |
| MUFG Securities (Canada), Ltd. | 513,703 | $37.9M | 1.09% | +14,569+2.9% | Added |
| Vanguard Portfolio Management LLC | 513,347 | $37.9M | 0.00% | +513,347 | New |
| Capitolis Liquid Global Markets LLC | 474,200 | $35.0M | 0.22% | +474,200 | New |
| Wells Fargo & Company | 461,798 | $34.1M | 0.01% | +109,292+31.0% | Added |
| Lincluden Management Ltd | 453,400 | $34.1M | 3.63% | −13,754−2.9% | Reduced |
| Duquesne Family Office LLCSuperinvestorDuquesne Family Office | 454,435 | $33.6M | 1.14% | −754,565−62.4% | Reduced |
| Addenda Capital Inc. | 310,216 | $32.2M | 0.91% | −7,986−2.5% | Reduced |
| Janus Henderson Group PLC | 431,417 | $31.9M | 0.02% | +549+0.1% | Added |
| Amundi | 428,535 | $31.7M | 0.01% | +74,377+21.0% | Added |
| AustralianSuper Pty Ltd | 418,755 | $31.0M | 0.16% | +418,755 | New |
| Federation des caisses Desjardins du Quebec | 415,381 | $30.3M | 0.11% | −22,186−5.1% | Reduced |
| Hillsdale Investment Management Inc. | 393,580 | $29.1M | 0.79% | +17,433+4.6% | Added |
| MIC Capital Management UK LLP | 386,203 | $28.5M | 8.10% | 00.0% | Unchanged |
| Woodline Partners LP | 378,893 | $28.0M | 0.11% | −27,594−6.8% | Reduced |
| Capital International Ltd | 370,702 | $27.4M | 1.02% | +82,499+28.6% | Added |
| Scheer, Rowlett & Associates Investment Management Ltd. | 359,229 | $26.6M | 1.91% | −14,333−3.8% | Reduced |
| Baskin Financial Services Inc. | 341,152 | $25.2M | 2.07% | −8,939−2.6% | Reduced |
| Rockefeller Capital Management L.P. | 340,625 | $25.2M | 0.04% | +14,721+4.5% | Added |
| Bank of Nova Scotia Trust Co | 328,439 | $24.3M | 2.08% | +299+0.1% | Added |
| Rhumbline Advisers | 326,166 | $24.1M | 0.02% | +22,141+7.3% | Added |
| Van Eck Associates Corp | 308,785 | $22.8M | 0.02% | +85,219+38.1% | Added |
| Man Group plc | 307,326 | $22.7M | 0.05% | −54,586−15.1% | Reduced |
| Spears Abacus Advisors LLC | 306,831 | $22.7M | 0.44% | +8,062+2.7% | Added |
| Wealth Enhancement Advisory Services, LLC | 294,561 | $22.3M | 0.05% | +31,796+12.1% | Added |
| Barclays PLC | 297,569 | $22.0M | 0.01% | +151,177+103.3% | Added |
| Capital International Inc | 294,896 | $21.8M | 0.17% | +55,677+23.3% | Added |
| British Columbia Investment Management Corp | 293,650 | $21.7M | 0.13% | +121,842+70.9% | Added |
| Dana Investment Advisors, Inc. | 273,780 | $20.2M | 0.60% | −947−0.3% | Reduced |
| Aviva PLC | 256,702 | $18.9M | 0.03% | +8,048+3.2% | Added |
| Point72 Asset Management, L.P. | 246,090 | $18.2M | 0.03% | +246,090 | New |
| Ameriprise Financial Inc | 235,319 | $17.6M | 0.00% | +32,007+15.7% | Added |