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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
Caldwell Trust Co15,465$1.14M0.10%+12,866+495.0%Added
Braun Stacey Associates Inc16,250$1.20M0.04%−24−0.1%Reduced
Royal London Asset Management Ltd16,930$1.25M0.00%00.0%Unchanged
Earnest Partners LLC17,587$1.30M0.01%−41,781−70.4%Reduced
Jane Street Group, LLC17,616$1.30M0.00%−265−1.5%Reduced
Maryland State Retirement & Pension System17,752$1.31M0.03%+2,027+12.9%Added
Hutner Capital Management Inc17,997$1.33M0.55%+209+1.2%Added
The PNC Financial Services Group, Inc.18,315$1.35M0.00%+1,591+9.5%Added
Boston Partners18,346$1.36M0.00%−11,218−37.9%Reduced
Cerity Partners LLC18,563$1.37M0.00%+3,470+23.0%Added
California State Teachers Retirement System18,698$1.38M0.00%−1,440−7.2%Reduced
Fiduciary Trust Co18,843$1.39M0.02%00.0%Unchanged
Beverly Hills Private Wealth, LLC18,861$1.39M0.23%+13,553+255.3%Added
Hudson Portfolio Management LLC18,902$1.40M1.18%−40−0.2%Reduced
Kestra Advisory Services, LLC18,918$1.40M0.01%+10,358+121.0%Added
HighTower Advisors, LLC19,580$1.45M0.00%+16,343+504.9%Added
Lee Financial Co19,611$1.45M0.20%−109−0.6%Reduced
Glenmede Trust Co NA19,784$1.46M0.01%+19,784New
Advisor Group Holdings, Inc.20,762$1.54M0.00%−1,512−6.8%Reduced
Mariner, LLC20,807$1.54M0.00%+3,471+20.0%Added
Graham Capital Management, L.P.20,841$1.54M0.05%+20,841New
Central Pacific Bank - Trust Division21,204$1.57M0.20%+21,204New
Nilsine Partners, LLC20,654$1.63M0.13%+5,767+38.7%Added
BNP Paribas Arbitrage, SA22,319$1.65M0.00%+4,721+26.8%Added
Hilltop National Bank22,657$1.67M0.40%−890−3.8%Reduced
Donoghue Forlines LLC23,122$1.71M0.47%−9,267−28.6%Reduced
Aspire Private Capital, LLC23,569$1.74M0.39%−1,404−5.6%Reduced
Neuberger Berman Group LLC23,543$1.75M0.00%+1,333+6.0%Added
Amalgamated Bank23,826$1.76M0.01%+601+2.6%Added
Blueshift Asset Management, LLC23,864$1.76M0.54%+2,879+13.7%Added
Sepio Capital, LP24,448$1.81M0.10%+24,448New
Gateway Investment Advisers LLC24,718$1.83M0.02%−1,084−4.2%Reduced
Bennett Selby Investments LP24,817$1.83M0.64%−25−0.1%Reduced
Callahan Advisors, LLC25,030$1.85M0.15%00.0%Unchanged
Credit Agricole S A25,067$1.85M0.01%+10.0%Added
Gulf International Bank (UK) Ltd25,222$1.87M0.04%+10,930+76.5%Added
M&T Bank Corp25,415$1.88M0.01%−324−1.3%Reduced
Machina Capital S.A.S.25,488$1.88M0.37%−23,102−47.5%Reduced
Lebenthal Global Advisors, LLC25,736$1.90M0.28%−2,095−7.5%Reduced
Lombard Odier Asset Management (Switzerland) SA26,041$1.93M0.07%+12,200+88.1%Added
Atria Investments LLC26,213$1.94M0.02%+19,924+316.8%Added
Triasima Portfolio Management inc.26,800$1.98M0.30%+26,800New
Thrivent Financial for Lutherans26,772$1.98M0.00%+7,753+40.8%Added
Fiduciary Family Office, LLC27,752$2.05M0.58%+4,904+21.5%Added
Swiss Life Asset Management Ltd28,600$2.12M0.01%+7,403+34.9%Added
Commerce Bank28,985$2.14M0.01%−3,579−11.0%Reduced
USS Investment Management Ltd29,214$2.16M0.01%+1,065+3.8%Added
Vestmark Advisory Solutions, Inc.29,620$2.19M0.02%+29,620New
Iridian Asset Management LLC29,819$2.20M0.89%−6,891−18.8%Reduced
NewEdge Wealth, LLC29,958$2.21M0.03%+29,958New
Polar Asset Management Partners Inc.30,000$2.22M0.05%+30,000New
Avanza Fonder AB21,589$2.22M0.06%00.0%Unchanged
Jones Financial Companies LLLP32,698$2.34M0.00%+27,254+500.6%Added
Schonfeld Strategic Advisors LLC32,090$2.37M0.02%−9,108−22.1%Reduced
Great Lakes Retirement, Inc.32,330$2.41M0.25%+50+0.2%Added
Capstone Investment Advisors, LLC33,123$2.45M0.02%+33,123New
Wiley Bros.-Aintree Capital, LLC36,720$2.61M0.01%+492+1.4%Added
Assetmark, Inc37,297$2.76M0.01%+2,073+5.9%Added
Oppenheimer & Co Inc37,447$2.77M0.03%+2,242+6.4%Added
Primecap Management Co37,600$2.78M0.00%00.0%Unchanged
Bank Ozk39,039$2.88M1.02%+21,765+126.0%Added
AQR Capital Management LLC40,052$2.96M0.00%−22,342−35.8%Reduced
Wellington Management Group LLP41,013$3.03M0.00%+6,737+19.7%Added
Founders Capital Management, LLC41,816$3.09M0.51%00.0%Unchanged
Hussman Strategic Advisors, Inc.42,000$3.10M0.67%+42,000New
CI Private Wealth, LLC42,654$3.11M0.00%+15,862+59.2%Added
DekaBank Deutsche Girozentrale42,344$3.18M0.01%00.0%Unchanged
Sanctuary Advisors, LLC43,573$3.22M0.02%+39,054+864.2%Added
First Trust Advisors LP43,870$3.24M0.00%+25,896+144.1%Added
Alta Capital Management LLC43,979$3.25M0.25%−3,444−7.3%Reduced
SEB Asset Management AB44,654$3.29M0.01%+44,654New
Xponance, Inc.45,484$3.36M0.02%+8,907+24.4%Added
Inkwell Capital LLC46,119$3.41M3.47%−3,196−6.5%Reduced
Warren Averett Asset Management, LLC46,391$3.43M0.03%+6,437+16.1%Added
Landscape Capital Management, L.L.C.47,544$3.51M0.22%−19,059−28.6%Reduced
Truist Financial Corp47,778$3.53M0.00%+13,682+40.1%Added
Partners Capital Investment Group, LLP48,294$3.57M0.13%−5,645−10.5%Reduced
Investment Management Corp of Ontario49,317$3.64M0.05%+9,100+22.6%Added
HRT Financial LP51,775$3.83M0.01%+51,775New
Brinker Capital Investments, LLC52,312$3.87M0.03%+21,911+72.1%Added
Police & Firemen's Retirement System of New Jersey52,873$3.91M0.03%+3,293+6.6%Added
Partners Group Holding AG53,709$3.97M0.29%+29,064+117.9%Added
Arkadios Wealth Advisors54,726$4.04M0.07%+994+1.8%Added
Nichols & Pratt Advisers LLP54,754$4.05M0.26%+1,120+2.1%Added
PensionDanmark Pensionsforsikringsaktieselskab55,162$4.07M0.04%−7,720−12.3%Reduced
Utah Retirement Systems55,459$4.09M0.04%+2,064+3.9%Added
Cary Street Partners Financial LLC55,724$4.12M0.10%+3,311+6.3%Added
Harvest Portfolios Group Inc.59,368$4.39M0.07%+2,453+4.3%Added
Louisbourg Investments Inc.60,059$4.44M0.84%−18,038−23.1%Reduced
Creative Planning60,136$4.44M0.00%−508−0.8%Reduced
Allspring Global Investments Holdings, LLC59,523$4.47M0.01%+217+0.4%Added
Verition Fund Management LLC63,684$4.71M0.05%−75,023−54.1%Reduced
Capricorn Fund Managers Ltd65,089$4.81M0.75%00.0%Unchanged
Cetera Investment Advisers67,508$4.99M0.01%+13,836+25.8%Added
Asset Management One Co.,Ltd.69,866$5.16M0.02%+12,354+21.5%Added
Natixis Advisors, L.P.69,943$5.17M0.01%+17,075+32.3%Added
Lansforsakringar Fondforvaltning AB (publ)75,362$5.56M0.03%+301+0.4%Added
Quartz Partners, LLC76,304$5.64M2.18%+5,494+7.8%Added
Capital Group Investment Management Pte. Ltd.78,994$5.84M1.00%+20,028+34.0%Added
Stifel Financial Corp81,926$6.05M0.01%+27,695+51.1%Added