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Equibles

QSR

Restaurant Brands International Inc.

Company with tickers: QSR

CIK
1618756
CUSIP
76131D103
Shares Outstanding
346,983,973
13F Activity (30d)
185 filings 181 filers

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Holders: 551
Total Value: $22,520,046,594
Total Shares: 304,736,765
Showing 1–100 of 576 holdings by value · page 1 of 6

Institutional Ownership Trend

27 quarters

Superinvestors Holding QSR

All superinvestors →
Bill Ackman $1,673,501,193 Seth Klarman $597,120,276 Stanley Druckenmiller $33,582,746 Joel Greenblatt $9,312,730 Ray Dalio $7,756,248

Holder Concentration

Across 551 13F filers · Δ vs Dec 31, 2025
Top Holder
14.1%
Dec 2023 → Mar 2026 · range 13.8% – 17.1%
−0.7 pts
Top 5
37.3%
Dec 2023 → Mar 2026 · range 37.3% – 48.9%
−2.5 pts
Top 10
50.6%
Dec 2023 → Mar 2026 · range 50.6% – 62.2%
−5.1 pts
HHI
426
Dec 2023 → Mar 2026 · range 426 – 624
Broadly held−48

Quarterly Activity

vs Dec 31, 2025
New
103
Increased
237
Decreased
132
Sold Out
61
Unchanged
79
Holder count: +42
Institutional value: +11.6%
Shares held: +3.0%

Top Buyers

vs Dec 31, 2025
Institution Added Now Holds Open
Mega GOLDMAN SACHS GROUP INC +4,590,048 7,113,439
Large CIBC WORLD MARKET INC. +3,070,486 6,760,192
Mega BANK OF AMERICA CORP /DE/ +2,910,454 4,932,662
Large EdgePoint Investment Group Inc. +2,703,134 19,348,137
Large TD Waterhouse Canada Inc. +1,387,138 2,361,339

Top Sellers

vs Dec 31, 2025
Institution Sold Now Holds Open
Mega BANK OF MONTREAL /CAN/ −6,191,495 9,029,152
Large TORONTO DOMINION BANK −1,713,811 1,775,773
Mega MORGAN STANLEY −1,107,519 7,321,602
Mega FIL Ltd −925,355 3,504,680
Mid Corvex Management LP −830,489 1,578,254

Top New Positions

vs Dec 31, 2025
Institution Acquired Value (USD) Open
Mega VANGUARD CAPITAL MANAGEMENT LLC 10,311,116 $761,991,472
Mega VANGUARD FIDUCIARY TRUST CO 3,068,611 $226,770,352
Mega Vanguard Global Advisers, LLC 2,398,167 $177,224,541
Large LONDON CO OF VIRGINIA 2,002,235 $147,965,166
Mid Cullen Capital Management, LLC 1,105,654 $81,707,830

Top Sold-Out Positions

vs Dec 31, 2025
Institution Previously Held Last Value (USD) Open
Mega VANGUARD GROUP INC 15,983,585 $1,090,560,002
Mega NORGES BANK 3,820,684 $260,685,269
Mid Meritage Group LP 3,200,731 $218,385,876
Mid Hook Mill Capital Partners, LP 222,958 $15,212,424
Large Trexquant Investment LP 189,069 $12,900,177
Filter: New 103 Increased 237 Reduced 132 Sold out 61 Unchanged 79
Showing 100 of 576
All Common Calls Puts
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Holder Value (USD) % of 13F Shares Open
Mega Capital World Investors $3,167,208,786 14.06% 42,858,035
Large Pershing Square Capital Management, L.P. $1,673,501,193 7.43% 22,645,483
Large EdgePoint Investment Group Inc. $1,429,827,324 6.35% 19,348,137
Mega ROYAL BANK OF CANADA Bank $1,358,735,149 6.03% 18,386,132
Mega VANGUARD CAPITAL MANAGEMENT LLC $761,991,472 3.38% 10,311,116
Mega BANK OF MONTREAL /CAN/ Bank $665,983,250 2.96% 9,011,952
Mega FMR LLC $610,255,482 2.71% 8,257,855
Mid BAUPOST GROUP LLC/MA $597,120,276 2.65% 8,080,112
Mega BlackRock, Inc. $590,424,635 2.62% 7,989,508
Mega MORGAN STANLEY $541,066,384 2.40% 7,321,602
Mega GOLDMAN SACHS GROUP INC $525,683,140 2.33% 7,113,439
Large CIBC WORLD MARKET INC. $499,578,188 2.22% 6,760,192
Large Fiera Capital Corp $494,555,131 2.20% 6,692,221
Mega TD Asset Management Inc $416,689,804 1.85% 5,638,563
Mega GEODE CAPITAL MANAGEMENT, LLC $410,076,272 1.82% 5,549,070
Large Beutel, Goodman & Co Ltd. $376,772,499 1.67% 5,098,410
Mega BANK OF AMERICA CORP /DE/ Bank $364,523,718 1.62% 4,932,662
Small PLATINUM PARAMOUNT INVESTMENT LTD. $304,387,005 1.35% 4,118,904
Large Davis Selected Advisers $265,975,485 1.18% 3,599,127
Large 1832 Asset Management L.P. $264,995,793 1.18% 3,585,870
Large NATIONAL BANK OF CANADA /FI/ Bank $262,566,772 1.17% 3,553,001
Mega Invesco Ltd. $261,827,842 1.16% 3,543,002
Mega STATE STREET CORP $259,735,147 1.15% 3,514,684
Mega FIL Ltd $258,995,851 1.15% 3,504,680
Mid Canoe Financial LP $247,420,377 1.10% 3,348,043
Mega VANGUARD FIDUCIARY TRUST CO Bank $226,770,352 1.01% 3,068,611
Mega CANADA PENSION PLAN INVESTMENT BOARD Pension $217,293,934 0.96% 2,940,378
Mega Capital Research Global Investors $185,414,065 0.82% 2,508,986
Mega Vanguard Global Advisers, LLC $177,224,541 0.79% 2,398,167
Large TD Waterhouse Canada Inc. $174,502,952 0.77% 2,361,339
Mega CITADEL ADVISORS LLC $153,505,670 0.68% 2,077,208
Large LONDON CO OF VIRGINIA $147,965,166 0.66% 2,002,235
Large TORONTO DOMINION BANK Bank $130,527,573 0.58% 1,766,273
Mega Legal & General Group Plc $127,499,965 0.57% 1,725,304
Large MACKENZIE FINANCIAL CORP $123,413,073 0.55% 1,670,001
Mega JPMORGAN CHASE & CO $122,629,358 0.54% 1,659,396
Mid Corvex Management LP $116,632,970 0.52% 1,578,254
Mega UBS Group AG $110,884,953 0.49% 1,500,473
Mega DIMENSIONAL FUND ADVISORS LP $101,457,529 0.45% 1,372,903
Large SCOTIA CAPITAL INC. $97,587,314 0.43% 1,320,532
Large CIBC Asset Management Inc $94,870,898 0.42% 1,283,774
Large Connor, Clark & Lunn Investment Management Ltd. $85,225,175 0.38% 1,153,250
Mega Swiss National Bank Bank $81,846,467 0.36% 1,107,530
Mid Cullen Capital Management, LLC $81,707,830 0.36% 1,105,654
Mega MANUFACTURERS LIFE INSURANCE COMPANY, THE Insurance $81,474,528 0.36% 1,102,497
Large BANK OF NOVA SCOTIA Bank $80,941,561 0.36% 1,095,285
Mega Bank of New York Mellon Corp Bank $78,768,527 0.35% 1,065,880
Mega CHARLES SCHWAB INVESTMENT MANAGEMENT INC $77,546,447 0.34% 1,049,343
Large Public Sector Pension Investment Board Pension $74,371,555 0.33% 1,006,381
Mid Aviso Financial Inc. $73,200,536 0.33% 990,535
Mid GUARDIAN CAPITAL LP $72,386,971 0.32% 979,526
Mega NORTHERN TRUST CORP Bank $71,533,794 0.32% 967,981
Mega ENVESTNET ASSET MANAGEMENT INC $67,054,790 0.30% 907,372
Mid Alberta Investment Management Corp $65,111,812 0.29% 881,080
Large Epoch Investment Partners, Inc. $61,583,676 0.27% 833,338
Mega Nuveen, LLC $56,566,532 0.25% 765,447
Large BNP PARIBAS ASSET MANAGEMENT Holding S.A. $55,631,106 0.25% 752,789
Large Caisse de depot et placement du Quebec $54,681,344 0.24% 739,937
Mid CIDEL ASSET MANAGEMENT INC $51,221,272 0.23% 693,116
Mega VANGUARD ASSET MANAGEMENT, Ltd $50,555,433 0.22% 684,106
Mid LETKO, BROSSEAU & ASSOCIATES INC $49,484,696 0.22% 669,617
Mid CAPITAL INTERNATIONAL SARL $48,089,316 0.21% 650,735
Mid INTACT INVESTMENT MANAGEMENT INC. $47,936,047 0.21% 648,661
Mega RAYMOND JAMES FINANCIAL INC $46,470,830 0.21% 628,834
Large FEDERATED HERMES, INC. $44,685,925 0.20% 604,681
Large GW&K Investment Management, LLC $42,753,440 0.19% 578,531
Small CONTINENTAL GRAIN CO $41,323,254 0.18% 559,178
Mega DEUTSCHE BANK AG\ Bank $40,650,762 0.18% 550,078
Large OMERS ADMINISTRATION Corp $40,645,000 0.18% 550,000
Mid MUFG SECURITIES (CANADA), LTD. Broker-Dealer $37,962,651 0.17% 513,703
Mega VANGUARD PORTFOLIO MANAGEMENT LLC $37,936,343 0.17% 513,347
Large CAPITOLIS LIQUID GLOBAL MARKETS LLC $35,043,380 0.16% 474,200
Mega WELLS FARGO & COMPANY/MN $34,126,870 0.15% 461,798
Mid Duquesne Family Office LLC Family Office $33,582,746 0.15% 454,435
Small LINCLUDEN MANAGEMENT LTD $33,506,260 0.15% 453,400
Mega JANUS HENDERSON GROUP PLC $31,881,714 0.14% 431,417
Mega Amundi $31,668,735 0.14% 428,535
Large AustralianSuper Pty Ltd $30,945,994 0.14% 418,755
Large Federation des caisses Desjardins du Quebec $30,696,655 0.14% 415,381
Mid Hillsdale Investment Management Inc. $29,085,562 0.13% 393,580
Small MIC Capital Management UK LLP $28,540,401 0.13% 386,203
Large Woodline Partners LP $28,000,192 0.12% 378,893
Mid CAPITAL INTERNATIONAL LTD /CA/ $27,394,877 0.12% 370,702
Mid Scheer, Rowlett & Associates Investment Management Ltd. $26,547,023 0.12% 359,229
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP $26,301,010 0.12% 355,900
Mid Baskin Financial Services Inc. $25,211,132 0.11% 341,152
Large Rockefeller Capital Management L.P. $25,172,185 0.11% 340,625
Mid BANK OF NOVA SCOTIA TRUST CO Bank $24,271,641 0.11% 328,439
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP $24,128,350 0.11% 326,500
Mega RHUMBLINE ADVISERS $24,103,667 0.11% 326,166
Mid Addenda Capital Inc. $22,924,962 0.10% 310,216
Mega VAN ECK ASSOCIATES CORP $22,819,211 0.10% 308,785
Large Man Group plc $22,711,391 0.10% 307,326
Mid Cannell & Spears LLC $22,674,810 0.10% 306,831
Mega BARCLAYS PLC $21,990,349 0.10% 297,569
Large Capital International, Inc./CA/ $21,792,814 0.10% 294,896
Large WEALTH ENHANCEMENT ADVISORY SERVICES, LLC $21,768,057 0.10% 294,561
Large BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp $21,700,735 0.10% 293,650
Mid Dana Investment Advisors, Inc. $20,232,342 0.09% 273,780
Large AVIVA PLC $18,970,277 0.08% 256,702

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