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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, Q2 2026

Institutional positions in Restaurant Brands International Inc. as of Jun 30, 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
580
+35 vs. Q1 2026
Shares held
322.4M
+43.0M (+15.4%) vs. Q1 2026
Total value
$23.5B
+$2.79B (+13.5%) vs. Q1 2026
New holders
86
239 more added
Sold out
51
167 more reduced

5 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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 holdersQ2 2026: 580 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 heldQ2 2026: $23.5B
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, Q2 2026

Shares, value and share of portfolio for each institution holding Restaurant Brands International Inc.; share changes are against Q1 2026.

Institutions holding QSR in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Gotham Asset Management, LLC260,451$18.9M0.04%+134,433+106.7%Added
Dana Investment Advisors, Inc.259,280$18.8M0.49%−14,500−5.3%Reduced
Aviva PLC258,881$18.7M0.03%+2,179+0.8%Added
Hillsdale Investment Management Inc.254,553$18.4M0.42%−139,027−35.3%Reduced
American Century Companies Inc229,453$16.6M0.01%+46,063+25.1%Added
Quantinno Capital Management LP225,118$16.3M0.02%+96,513+75.0%Added
New York State Common Retirement Fund217,700$15.8M0.02%−1,500−0.7%Reduced
Ameriprise Financial Inc211,458$15.5M0.00%−23,861−10.1%Reduced
State Board of Administration of Florida Retirement System211,551$15.3M0.03%−8,160−3.7%Reduced
LPL Financial LLC206,087$14.9M0.00%+11,075+5.7%Added
Cullen/Frost Bankers, Inc.204,578$14.8M0.15%+6,564+3.3%Added
Woodline Partners LP201,505$14.6M0.05%−177,388−46.8%Reduced
Millennium Management LLC198,381$14.4M0.01%+72,870+58.1%Added
Oppenheimer Asset Management Inc.189,733$13.8M0.14%+76,633+67.8%Added
State of Tennessee, Treasury Department189,637$13.8M0.04%+7,736+4.3%Added
Franklin Resources Inc187,795$13.6M0.00%+51,497+37.8%Added
Price T Rowe Associates Inc183,661$13.3M0.00%−6,265−3.3%Reduced
First Manhattan Co179,287$13.1M0.03%−1,811−1.0%Reduced
Pictet Asset Management Holding SA175,021$12.7M0.01%+50,393+40.4%Added
Toroso Investments, LLC172,701$12.5M0.03%−37,405−17.8%Reduced
Vanguard Investments Australia, Ltd.164,720$11.9M0.03%+635+0.4%Added
Janney Montgomery Scott LLC164,297$11.9M0.02%+14,107+9.4%Added
Omers Administration Corp159,400$11.6M0.07%−390,600−71.0%Reduced
Alliancebernstein L.P.153,371$11.3M0.00%+4,572+3.1%Added
Treasurer of the State of North Carolina146,069$10.6M0.03%+300.0%Added
SEI Investments Co145,479$10.6M0.01%+36,622+33.6%Added
Huntington National Bank144,271$10.5M0.05%−6,664−4.4%Reduced
Korea Investment CORP140,463$10.2M0.02%−44,655−24.1%Reduced
Great West Life Assurance Co134,748$9.73M0.02%−1,943−1.4%Reduced
Sienna Gestion127,600$9.45M0.55%−7,500−5.6%Reduced
Teachers Retirement System of the State of Kentucky127,200$9.22M0.06%+40,500+46.7%Added
Varma Mutual Pension Insurance Co121,800$8.83M0.05%+121,800New
Public Employees Retirement System of Ohio120,488$8.74M0.03%+360.0%Added
Susquehanna International Group, LLP119,815$8.69M0.01%+113,271+1,730.9%Added
AIA Group Ltd114,874$8.33M0.10%+25,164+28.1%Added
Commonwealth Equity Services, LLC111,496$8.08M0.01%+6,354+6.0%Added
Northwest & Ethical Investments L.P.111,449$8.08M0.19%+9,009+8.8%Added
SG Americas Securities, LLC111,243$8.07M0.00%+22,680+25.6%Added
River Road Asset Management, LLC106,055$7.69M0.09%−11,124−9.5%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)102,749$7.45M0.01%−58,734−36.4%Reduced
Stifel Financial Corp102,254$7.41M0.01%+20,328+24.8%Added
State of Wisconsin Investment Board100,843$7.31M0.01%−2,900−2.8%Reduced
Purpose Unlimited Inc.96,512$7.03M0.27%−7,838−7.5%Reduced
Partners Group Holding AG94,390$6.84M0.47%+40,681+75.7%Added
GWM Advisors LLC94,372$6.84M0.02%+88,246+1,440.5%Added
Citigroup Inc93,735$6.80M0.00%−33,489−26.3%Reduced
Mn Services Vermogensbeheer B.V.93,582$6.79M0.05%−24,500−20.7%Reduced
Bridgewater Associates, LP93,449$6.78M0.03%−11,507−11.0%Reduced
Andra AP-fonden62,900$6.47M0.07%+61,700+5,141.7%Added
Voya Investment Management LLC89,192$6.47M0.01%−1,189−1.3%Reduced
Balyasny Asset Management LLC89,046$6.46M0.01%+89,046New
Assetmark, Inc84,424$6.12M0.01%+47,127+126.4%Added
CI Private Wealth, LLC81,292$5.89M0.01%+38,638+90.6%Added
Capital Group Investment Management Pte. Ltd.78,994$5.73M0.86%00.0%Unchanged
Moore Capital Management, LP78,801$5.71M0.13%+78,801New
Quartz Partners, LLC78,758$5.71M1.87%+2,454+3.2%Added
Northwestern Mutual Wealth Management Co77,632$5.63M0.00%−18,889−19.6%Reduced
Federated Hermes, Inc.75,319$5.46M0.01%−529,362−87.5%Reduced
Louisbourg Investments Inc.71,930$5.21M0.96%+11,871+19.8%Added
Harvest Portfolios Group Inc.71,573$5.19M0.07%+12,205+20.6%Added
Lansforsakringar Fondforvaltning AB (publ)70,674$5.12M0.02%−4,688−6.2%Reduced
Asset Management One Co.,Ltd.69,866$5.07M0.01%00.0%Unchanged
Squarepoint Ops LLC69,689$5.05M0.01%−96,982−58.2%Reduced
Cetera Investment Advisers67,290$4.88M0.00%−218−0.3%Reduced
Neuberger Berman Group LLC67,053$4.86M0.00%+43,510+184.8%Added
Verition Fund Management LLC66,937$4.85M0.03%+3,253+5.1%Added
PensionDanmark Pensionsforsikringsaktieselskab61,062$4.43M0.04%+5,900+10.7%Added
Allspring Global Investments Holdings, LLC60,054$4.29M0.01%+531+0.9%Added
Cary Street Partners Financial LLC56,617$4.11M0.09%+893+1.6%Added
Arkadios Wealth Advisors56,490$4.10M0.06%+1,764+3.2%Added
Nichols & Pratt Advisers LLP54,969$3.99M0.24%+215+0.4%Added
HRT Financial LP53,987$3.91M0.01%+2,212+4.3%Added
Utah Retirement Systems52,065$3.78M0.04%−3,394−6.1%Reduced
Police & Firemen's Retirement System of New Jersey51,843$3.76M0.03%−1,030−1.9%Reduced
Kiltearn Partners LLP50,394$3.65M0.89%+50,394New
Creative Planning49,982$3.62M0.00%−10,154−16.9%Reduced
Investment Management Corp of Ontario49,617$3.60M0.05%+300+0.6%Added
Brinker Capital Investments, LLC49,458$3.59M0.03%−2,854−5.5%Reduced
Sanctuary Advisors, LLC48,301$3.50M0.02%+4,728+10.9%Added
Truist Financial Corp48,142$3.49M0.00%+364+0.8%Added
Warren Averett Asset Management, LLC47,553$3.45M0.02%+1,162+2.5%Added
Polar Asset Management Partners Inc.47,400$3.43M0.06%+17,400+58.0%Added
Inkwell Capital LLC46,104$3.34M3.48%−150.0%Reduced
SEB Asset Management AB45,070$3.27M0.01%+416+0.9%Added
First Trust Advisors LP44,262$3.21M0.00%+392+0.9%Added
DekaBank Deutsche Girozentrale42,344$3.12M0.01%00.0%Unchanged
Bank Ozk42,590$3.09M0.92%+3,551+9.1%Added
Wellington Management Group LLP42,328$3.07M0.00%+1,315+3.2%Added
AQR Capital Management LLC42,300$3.07M0.00%+2,248+5.6%Added
Alta Capital Management LLC42,147$3.06M0.23%−1,832−4.2%Reduced
Xponance, Inc.42,104$3.05M0.02%−3,380−7.4%Reduced
Founders Capital Management, LLC41,816$3.03M0.45%00.0%Unchanged
Empowered Funds, LLC39,847$2.89M0.02%+28,451+249.7%Added
Royal Fund Management, LLC38,630$2.80M0.23%+24,300+169.6%Added
Primecap Management Co37,600$2.73M0.00%00.0%Unchanged
Swiss Life Asset Management Ltd37,386$2.70M0.01%+8,786+30.7%Added
Oppenheimer & Co Inc36,963$2.68M0.03%−484−1.3%Reduced
Engineers Gate Manager LP36,429$2.64M0.03%+21,897+150.7%Added
Wiley Bros.-Aintree Capital, LLC36,253$2.63M0.01%−467−1.3%Reduced
Great Lakes Retirement, Inc.32,576$2.36M0.21%+246+0.8%Added