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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, 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.

Institutional holdersQ1 2026: 550 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 heldQ1 2026: $22.4B
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, Q1 2026

Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q4 2025.

Institutions holding QSR in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Banco Santander, S.A.5,248$387.8K0.00%+5,248New
Cumberland Partners Ltd5,400$398.3K0.03%+5,400New
Frec Markets, Inc.5,406$399.5K0.07%+5,406New
Hardy Reed LLC5,427$401.1K0.03%+30+0.6%Added
Shelton Capital Management5,460$403.5K0.01%00.0%Unchanged
Cigna Investments Inc5,506$406.0K0.06%00.0%Unchanged
Walleye Capital LLC5,511$407.3K0.00%+5,459+10,498.1%Added
New England Research & Management, Inc.5,549$410.1K0.17%00.0%Unchanged
Oasis Advisors, LLC5,635$416.3K0.08%+5,635New
Sterling Capital Management LLC5,714$422.3K0.01%−2,702−32.1%Reduced
Summit Trail Advisors, LLC5,726$423.2K0.01%+2,078+57.0%Added
Colony Group, LLC5,803$429.0K0.00%+2,427+71.9%Added
Sowell Financial Services LLC5,910$436.7K0.02%+293+5.2%Added
We Are One Seven, LLC5,945$439.4K0.01%+2,298+63.0%Added
Davenport & Co LLC5,977$441.7K0.00%+2,962+98.2%Added
Syon Capital LLC5,991$442.7K0.02%+330+5.8%Added
GWM Advisors LLC6,126$452.7K0.00%+279+4.8%Added
Advyzon Investment Management, LLC6,183$456.9K0.04%+6,183New
Knollwood Investment Advisory, LLC6,278$463.9K0.05%00.0%Unchanged
Raleigh Capital Management Inc.6,291$464.9K0.16%−127−2.0%Reduced
Savant Capital, LLC6,415$474.0K0.00%+1,541+31.6%Added
Havemeyer Place LP6,449$476.6K0.05%+6,449New
Principal Securities, Inc.6,452$476.8K0.01%−580−8.2%Reduced
Susquehanna International Group, LLP6,544$483.6K0.00%+6,544New
Probity Advisors, Inc.6,560$484.8K0.08%+23+0.4%Added
Indivisible Partners6,600$487.7K0.04%+6,600New
SummitTX Capital, L.P.6,680$493.7K0.02%+6,680New
Benjamin Edwards Inc6,722$496.8K0.00%+1,063+18.8%Added
United Capital Financial Advisers, LLC6,728$497.2K0.00%+6,728New
Envestnet Portfolio Solutions, Inc.7,200$532.1K0.00%+2,295+46.8%Added
Vident Advisory, LLC7,217$533.4K0.00%+7,217New
Ritholtz Wealth Management7,349$543.1K0.01%+2,092+39.8%Added
Exencial Wealth Advisors, LLC7,430$549.1K0.02%+162+2.2%Added
TD Private Client Wealth LLC7,472$552.2K0.01%+2,040+37.6%Added
Salvus Wealth Management, LLC7,544$557.5K0.32%+7,544New
Gratus Wealth Advisors, LLC7,578$560.0K0.08%+7,578New
Group One Trading, L.P.7,625$563.5K0.02%+5,309+229.2%Added
Yousif Capital Management, LLC7,635$564.2K0.01%+300+4.1%Added
Quadrant Capital Group LLC7,658$565.9K0.02%−3,506−31.4%Reduced
Taproot Management LP7,774$574.5K0.11%+7,774New
Berkeley Capital Partners, LLC7,833$578.9K0.13%+7,833New
Prospera Financial Services Inc7,898$584.5K0.01%+683+9.5%Added
SageView Advisory Group, LLC8,087$597.6K0.02%+8,072+53,813.3%Added
Chesapeake Capital Corp8,101$598.7K0.43%00.0%Unchanged
Legacy Wealth Asset Management, LLC8,167$603.5K0.15%+138+1.7%Added
Prudential Financial Inc8,235$608.6K0.00%−1,207−12.8%Reduced
BKM Wealth Management, LLC8,238$608.8K0.22%−961−10.4%Reduced
Cullen Investment Group, Ltd.8,257$610.2K0.08%−759−8.4%Reduced
D.A. Davidson & Co.8,469$625.9K0.00%+18+0.2%Added
Kentucky Retirement Systems Insurance Trust Fund8,514$629.2K0.04%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.8,543$631.0K0.00%+357+4.4%Added
Sumitomo Life Insurance Co8,723$644.6K0.02%+281+3.3%Added
Sumitomo Mitsui DS Asset Management Company, Ltd8,723$644.6K0.01%+281+3.3%Added
MML Investors Services, LLC8,727$644.9K0.00%−253−2.8%Reduced
Dynamic Technology Lab Private Ltd8,766$647.8K0.11%−28,601−76.5%Reduced
Sequoia Financial Advisors, LLC8,775$648.5K0.00%−154−1.7%Reduced
Farringdon Capital, Ltd.8,903$657.9K0.14%+3,530+65.7%Added
Signaturefd, LLC8,922$659.3K0.01%+652+7.9%Added
Pitcairn Wealth Advisors LLC9,672$659.9K0.06%00.0%Unchanged
Laird Norton Trust Company, LLC9,022$672.2K0.01%+452+5.3%Added
Savoir Faire Capital Management, L.P.9,146$675.9K0.41%−8,917−49.4%Reduced
Wakefield Asset Management LLLP9,184$678.7K0.18%+9,184New
Mirae Asset Global ETFs Holdings Ltd.9,278$685.6K0.00%−1,226−11.7%Reduced
UniSuper Management Pty Ltd6,700$689.7K0.00%+1,500+28.8%Added
Tower Research Capital LLC (TRC)9,337$690.0K0.02%+9,337New
North Dakota State Investment Board9,352$691.1K0.03%−2,048−18.0%Reduced
US Bancorp9,446$698.1K0.00%+494+5.5%Added
Guardian Partners Inc.9,493$702.3K0.06%+305+3.3%Added
STRS Ohio9,639$712.1K0.00%+290+3.1%Added
Metis Global Partners, LLC9,876$728.3K0.02%−379−3.7%Reduced
Applied Finance Capital Management, LLC9,899$731.5K0.05%+459+4.9%Added
NBC Securities, Inc.9,903$731.9K0.05%+20+0.2%Added
Argonautica Private Wealth Management, Inc10,140$749.4K0.23%+1,134+12.6%Added
O'Shaughnessy Asset Management, LLC10,212$754.7K0.00%−1,299−11.3%Reduced
Sanders Morris Harris LLC10,250$757.5K0.12%+10,250New
Wolverine Asset Management LLC10,787$797.2K0.01%00.0%Unchanged
Strategic Investment Advisors10,946$809.9K0.06%+4,772+77.3%Added
CIBC Bancorp USA Inc.11,230$829.9K0.00%+11,230New
Empowered Funds, LLC11,396$842.2K0.01%−16,719−59.5%Reduced
Crossmark Global Holdings, Inc.11,690$863.9K0.01%−1,727−12.9%Reduced
OpenArc Corporate Advisory, LLC11,809$872.7K0.01%−5,712−32.6%Reduced
AE Wealth Management LLC11,844$875.3K0.00%+218+1.9%Added
Pathstone Holdings, LLC12,036$890.2K0.00%+2,487+26.0%Added
JustInvest LLC12,412$917.2K0.01%+318+2.6%Added
HB Wealth Management, LLC12,533$926.2K0.01%+1,738+16.1%Added
Kendall Capital Management12,905$953.7K0.20%+360+2.9%Added
Mercer Global Advisors Inc12,926$955.3K0.00%−366−2.8%Reduced
Principal Financial Group Inc13,017$962.0K0.00%+5,378+70.4%Added
Aspiriant, LLC13,072$966.0K0.03%−19−0.1%Reduced
Boyar Asset Management Inc.13,173$973.5K0.55%+13,173New
Generali Asset Management SPA SGR9,573$985.4K0.02%+608+6.8%Added
Osmosis Investment Management UK Ltd13,396$995.0K0.03%+13,396New
ASR Vermogensbeheer N.V.13,583$1.00M0.01%00.0%Unchanged
Dorato Capital Management13,435$1.04M0.77%+79+0.6%Added
Waterfront Wealth Inc.14,246$1.05M0.19%+779+5.8%Added
Royal Fund Management, LLC14,330$1.06M0.10%−700−4.7%Reduced
Engineers Gate Manager LP14,532$1.07M0.01%−163,115−91.8%Reduced
PCM Encore, LLC14,813$1.09M0.23%+209+1.4%Added
MetLife Investment Management15,406$1.14M0.01%+166+1.1%Added
Captrust Financial Advisors15,456$1.14M0.00%+320+2.1%Added