Restaurant Brands International Inc. (QSR) — Institutional Holders, Q2 2026

585 institutional investment managers reported a QSR position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $23.5B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← QSR stock profile

QSR in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

238

Trimmed

166

Sold out

Biggest buyers

PERSHING SQUARE HOLDCO, L.P.New · +25,821,284 sh+$1.9B
BlackRockAdded · +7,239,262 sh+$524.9M
NOMURANew · +3,372,818 sh+$244.6M
Blue SparrowNew · +2,390,000 sh+$173.3M
BANK OF MONTREALAdded · +2,283,680 sh+$165.6M

Biggest sellers

MORGAN STANLEYTrimmed · -2,477,176 sh-$179.6M
EdgePoint Investment GroupTrimmed · -2,176,585 sh-$157.8M
TD ASSET MANAGEMENTTrimmed · -1,478,480 sh-$107.2M
BAUPOST GROUPTrimmed · -1,327,000 sh-$96.2M
DAVIS SELECTED ADVISERSTrimmed · -798,782 sh-$57.9M

QSR 13F holders ranked 1–100 of 585

Institutional investors reporting a position in Restaurant Brands International Inc. on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	Capital World Investors#1 · 43,862,952 sh	43,862,952	$3.2B	0.38%	+2.3%
2	PERSHING SQUARE HOLDCO, L.P.#2 · 25,821,284 sh	25,821,284	$1.9B	9.62%	New
3	ROYAL BANK OF CANADA#3 · 20,236,317 sh	20,236,317	$1.5B	0.22%	+10.1%
4	EdgePoint Investment Group#4 · 17,171,552 sh	17,171,552	$1.2B	9.40%	-11.2%
5	BlackRock#5 · 15,228,770 sh	15,228,770	$1.1B	0.02%	+90.6%
6	BANK OF MONTREAL#6 · 11,295,632 sh	11,295,632	$818.5M	0.27%	+25.3%
7	VANGUARD CAPITAL MANAGEMENT#7 · 10,489,509 sh	10,489,509	$760.8M	0.02%	+1.7%
8	FMR#8 · 8,417,025 sh	8,417,025	$610.5M	0.03%	+1.9%
9	GOLDMAN SACHS GROUP#9 · 7,310,590 sh	7,310,590	$530.1M	0.05%	+2.8%
10	BAUPOST GROUP#10 · 6,753,112 sh	6,753,112	$489.6M	9.04%	-16.4%
11	Fiera Capital#11 · 6,168,961 sh	6,168,961	$446.7M	1.62%	-7.8%
12	CIBC WORLD MARKET#12 · 6,106,449 sh	6,106,449	$442.8M	0.71%	-9.7%
13	GEODE CAPITAL MANAGEMENT#13 · 5,854,909 sh	5,854,909	$436.1M	0.02%	+5.5%
14	MORGAN STANLEY#14 · 4,844,426 sh	4,844,426	$351.3M	0.02%	-33.8%
15	BANK OF AMERICA#15 · 4,769,956 sh	4,769,956	$345.9M	0.02%	-3.3%
16	Beutel, Goodman & Ltd.#16 · 4,424,521 sh	4,424,521	$320.8M	2.36%	-13.2%
17	CANADA PENSION PLAN INVESTMENT BOARD#17 · 4,224,874 sh	4,224,874	$306.1M	0.17%	+43.7%
18	TD ASSET MANAGEMENT#18 · 4,160,083 sh	4,160,083	$301.6M	0.26%	-26.2%
19	PLATINUM PARAMOUNT INVESTMENT LTD.#19 · 4,118,904 sh	4,118,904	$298.7M	42.44%	0.0%
20	NORGES BANK#20 · 3,821,569 sh	3,821,569	$277.0M	0.03%	—
21	NATIONAL BANK OF CANADA#21 · 3,649,628 sh	3,649,628	$262.5M	0.19%	+2.7%
22	Invesco Ltd.#22 · 3,404,367 sh	3,404,367	$246.9M	0.02%	-3.9%
23	STATE STREET#23 · 3,368,699 sh	3,368,699	$246.5M	<0.01%	-4.2%
24	NOMURA#24 · 3,372,818 sh	3,372,818	$244.6M	0.29%	New
25	Canoe Financial#25 · 3,354,908 sh	3,354,908	$243.1M	—	+0.2%
26	1832 Asset Management L.P.#26 · 3,205,836 sh	3,205,836	$232.5M	0.12%	-10.6%
27	VANGUARD FIDUCIARY#27 · 3,101,391 sh	3,101,391	$225.0M	0.05%	+1.1%
28	FIL Ltd#28 · 2,994,122 sh	2,994,122	$217.2M	0.16%	-14.6%
29	CITADEL ADVISORS#29 · 2,927,875 sh	2,927,875	$212.3M	0.02%	+41.0%
30	DAVIS SELECTED ADVISERS#30 · 2,800,345 sh	2,800,345	$203.0M	0.87%	-22.2%
31	Vanguard Global Advisers#31 · 2,629,509 sh	2,629,509	$190.7M	0.09%	+9.6%
32	Capital Research Global Investors#32 · 2,514,299 sh	2,514,299	$182.3M	0.03%	+0.2%
33	TD Waterhouse Canada#33 · 2,473,606 sh	2,473,606	$177.0M	—	+4.8%
34	Blue Sparrow#34 · 2,390,000 sh	2,390,000	$173.3M	1.68%	New
35	MACKENZIE FINANCIAL#35 · 1,573,550 sh	1,573,550	$161.9M	0.16%	-5.8%
36	UBS Group AG#36 · 2,204,777 sh	2,204,777	$159.9M	0.02%	+46.9%
37	Connor, Clark & Lunn Investment Management Ltd.#37 · 1,977,662 sh	1,977,662	$143.3M	0.27%	+71.5%
38	LONDON OF VIRGINIA#38 · 1,960,645 sh	1,960,645	$142.2M	0.81%	-2.1%
39	TORONTO DOMINION BANK#39 · 1,904,305 sh	1,904,305	$138.0M	0.16%	+7.8%
40	Cullen Capital Management#40 · 1,770,095 sh	1,770,095	$128.3M	1.26%	+60.1%
41	JPMORGAN CHASE#41 · 1,714,650 sh	1,714,650	$125.6M	<0.01%	+3.3%
42	Legal & General Group Plc#42 · 1,595,151 sh	1,595,151	$115.7M	0.02%	-7.5%
43	DIMENSIONAL FUND ADVISORS#43 · 1,440,679 sh	1,440,679	$104.5M	0.02%	+4.9%
44	MANUFACTURERS LIFE INSURANCE COMPANY, THE#44 · 1,406,008 sh	1,406,008	$101.8M	0.08%	+27.5%
45	Corvex Management#45 · 1,265,178 sh	1,265,178	$91.7M	2.80%	-19.8%
46	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#46 · 1,173,662 sh	1,173,662	$85.1M	0.02%	+554.9%
47	D. E. Shaw#47 · 1,133,719 sh	1,133,719	$82.2M	0.04%	+1240.1%
48	CHARLES SCHWAB INVESTMENT MANAGEMENT#48 · 1,107,644 sh	1,107,644	$80.3M	0.01%	+5.6%
49	Bank of New York Mellon#49 · 1,085,058 sh	1,085,058	$78.7M	0.01%	+1.8%
50	Swiss National Bank#50 · 1,037,730 sh	1,037,730	$75.1M	0.04%	-6.3%
51	BANK OF NOVA SCOTIA#51 · 1,018,288 sh	1,018,288	$73.9M	0.11%	-7.0%
52	ENVESTNET ASSET MANAGEMENT#52 · 983,870 sh	983,870	$71.3M	0.02%	+8.4%
53	SCOTIA CAPITAL#53 · 985,634 sh	985,634	$71.3M	0.27%	-25.4%
54	Aviso Financial#54 · 980,833 sh	980,833	$71.1M	2.47%	-1.0%
55	NORTHERN#55 · 952,665 sh	952,665	$69.1M	<0.01%	-1.6%
56	GUARDIAN CAPITAL#56 · 942,679 sh	942,679	$68.4M	1.66%	-3.8%
57	Alberta Investment Management#57 · 869,121 sh	869,121	$63.0M	0.35%	-1.4%
58	CIBC Asset Management#58 · 843,087 sh	843,087	$61.6M	0.14%	-34.3%
59	Epoch Investment Partners#59 · 799,626 sh	799,626	$58.0M	0.33%	-4.0%
60	Nuveen#60 · 783,514 sh	783,514	$56.8M	0.01%	+2.4%
61	RAYMOND JAMES FINANCIAL#61 · 766,686 sh	766,686	$55.6M	0.02%	+21.9%
62	VANGUARD ASSET MANAGEMENT, Ltd#62 · 765,815 sh	765,815	$55.5M	0.04%	+11.9%
63	CAISSE DE DEPOT ET PLACEMENT DU QUEBEC#63 · 739,937 sh	739,937	$53.7M	0.08%	0.0%
64	BNP Paribas Asset Management Holding S.A.#64 · 708,240 sh	708,240	$51.3M	0.05%	-5.9%
65	Capital International Sarl#65 · 666,592 sh	666,592	$48.3M	0.68%	+2.4%
66	LETKO, BROSSEAU & ASSOCIATES#66 · 643,271 sh	643,271	$46.6M	0.69%	-3.9%
67	DEUTSCHE BANK AG\#67 · 637,863 sh	637,863	$46.3M	0.01%	+16.0%
68	JANE STREET GROUP#68 · 632,013 sh	632,013	$45.8M	<0.01%	+3487.7%
69	HEALTHCARE OF ONTARIO PENSION PLAN FUND#69 · 576,200 sh	576,200	$41.8M	0.06%	+366.2%
70	GW&K Investment Management#70 · 569,407 sh	569,407	$41.3M	0.32%	-1.6%
71	CONTINENTAL GRAIN#71 · 559,178 sh	559,178	$40.5M	9.05%	0.0%
72	INTACT INVESTMENT MANAGEMENT#72 · 539,861 sh	539,861	$39.2M	1.11%	-16.8%
73	CIDEL ASSET MANAGEMENT#73 · 526,104 sh	526,104	$38.1M	1.84%	-24.1%
74	WELLS FARGO & COMPANY#74 · 516,521 sh	516,521	$37.5M	<0.01%	+11.8%
75	LINCLUDEN MANAGEMENT LTD#75 · 357,508 sh	357,508	$36.8M	3.61%	-21.1%
76	MUFG SECURITIES (CANADA), LTD.#76 · 491,312 sh	491,312	$35.6M	0.96%	-4.4%
77	VANGUARD PORTFOLIO MANAGEMENT#77 · 485,772 sh	485,772	$35.2M	<0.01%	-5.4%
78	Amundi#78 · 464,103 sh	464,103	$33.7M	<0.01%	+8.3%
79	Addenda Capital#79 · 312,203 sh	312,203	$32.4M	—	+0.6%
80	VAN ECK ASSOCIATES#80 · 439,207 sh	439,207	$31.8M	0.02%	+42.2%
81	BRITISH COLUMBIA INVESTMENT MANAGEMENT#81 · 425,604 sh	425,604	$30.8M	0.19%	+44.9%
82	Jupiter Topco#82 · 425,259 sh	425,259	$30.8M	0.01%	—
83	Federation des caisses Desjardins du Quebec#83 · 424,021 sh	424,021	$30.6M	0.09%	+2.1%
84	NATIXIS ADVISORS#84 · 406,386 sh	406,386	$29.5M	0.03%	+481.0%
85	JONES FINANCIAL COMPANIES LLLP#85 · 395,400 sh	395,400	$29.4M	0.01%	+1109.2%
86	BARCLAYS PLC#86 · 394,824 sh	394,824	$28.6M	<0.01%	+32.7%
87	MIC Capital Management UK LLP#87 · 386,203 sh	386,203	$28.0M	7.10%	0.0%
88	PUBLIC SECTOR PENSION INVESTMENT BOARD#88 · 385,088 sh	385,088	$27.9M	0.07%	-61.7%
89	WEALTH ENHANCEMENT ADVISORY SERVICES#89 · 365,666 sh	365,666	$27.1M	—	+24.1%
90	CAPITAL INTERNATIONAL LTD#90 · 371,644 sh	371,644	$26.9M	0.88%	+0.3%
91	Scheer, Rowlett & Associates Investment Management Ltd.#91 · 355,630 sh	355,630	$25.8M	1.85%	-1.0%
92	Rockefeller Capital Management L.P.#92 · 351,783 sh	351,783	$25.5M	0.04%	+3.3%
93	Baskin Financial Services#93 · 336,931 sh	336,931	$24.4M	—	-1.2%
94	AustralianSuper Pty Ltd#94 · 329,373 sh	329,373	$23.9M	0.10%	-21.3%
95	RHUMBLINE ADVISERS#95 · 318,337 sh	318,337	$23.1M	0.02%	-2.4%
96	Capital International#96 · 307,813 sh	307,813	$22.3M	0.16%	+4.4%
97	BANK OF NOVA SCOTIA#97 · 295,613 sh	295,613	$21.4M	1.78%	-10.0%
98	Russell Investments Group, Ltd.#98 · 286,182 sh	286,182	$20.8M	0.02%	+70.0%
99	Spears Abacus Advisors#99 · 284,931 sh	284,931	$20.7M	0.37%	-7.1%
100	PICTON MAHONEY ASSET MANAGEMENT#100 · 264,919 sh	264,919	$19.2M	0.14%	+110.8%

Funds that sold out of QSR in Q2 2026 (51)

Held QSR at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held QSR in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
CAPITOLIS LIQUID GLOBAL MARKETS474,200 sh	474,200	$35.0M
Duquesne Family Office454,435 sh	454,435	$33.6M
Man Group plc307,326 sh	307,326	$22.7M
Point72 Asset Management, L.P.246,090 sh	246,090	$18.2M
SEVEN GRAND MANAGERS175,000 sh	175,000	$12.9M
Soroban Capital Partners172,015 sh	172,015	$12.7M
Night Squared146,464 sh	146,464	$10.8M
Hudson Bay Capital Management126,416 sh	126,416	$9.3M
LANDSCAPE CAPITAL MANAGEMENT, L.L.C.47,544 sh	47,544	$3.5M
Machina Capital S.A.S.25,488 sh	25,488	$1.9M
Mariner20,807 sh	20,807	$1.5M
Beverly Hills Private Wealth18,861 sh	18,861	$1.4M
ASR Vermogensbeheer N.V.13,583 sh	13,583	$1.0M
PRINCIPAL FINANCIAL GROUP13,017 sh	13,017	$962.0K
SANDERS MORRIS HARRIS10,250 sh	10,250	$757.5K
ARGONAUTICA PRIVATE WEALTH MANAGEMENT10,140 sh	10,140	$749.4K
Applied Finance Capital Management9,899 sh	9,899	$731.5K
Savoir Faire Capital Management, L.P.9,146 sh	9,146	$675.9K
Farringdon Capital, Ltd.8,903 sh	8,903	$657.9K
Dynamic Technology Lab Private Ltd8,766 sh	8,766	$647.8K
Havemeyer Place6,449 sh	6,449	$476.6K
Knollwood Investment Advisory6,278 sh	6,278	$463.9K
Focus Partners Wealth5,803 sh	5,803	$429.0K
Oasis Advisors5,635 sh	5,635	$416.3K
IEQ CAPITAL4,857 sh	4,857	$358.9K
B. Riley Wealth Advisors3,891 sh	3,891	$287.0K
BURNEY3,656 sh	3,656	$270.2K
Burkett Asset Management Ltd3,560 sh	3,560	$262.9K
Gateway Wealth Partners3,205 sh	3,205	$236.8K
Ascent Group2,899 sh	2,899	$214.2K
Abacus Wealth Partners2,810 sh	2,810	$207.7K
Koshinski Asset Management2,803 sh	2,803	$207.1K
Pure Financial Advisors2,737 sh	2,737	$202.3K
Frank, Rimerman Advisors2,735 sh	2,735	$202.1K
Procyon Advisors2,713 sh	2,713	$200.5K
Destiny Wealth Partners2,116 sh	2,116	$156.4K
Bank Julius Baer & Ltd, Zurich1,665 sh	1,665	$123.1K
New Vernon Capital II1,414 sh	1,414	$104.6K
AdvisorShares Investments1,366 sh	1,366	$100.9K
Ronald Blue543 sh	543	$40.1K
Western Wealth Management380 sh	380	$28.1K
TWIN PEAKS WEALTH ADVISORS360 sh	360	$26.6K
Sound Income Strategies178 sh	178	$13.4K
Root Financial Partners146 sh	146	$10.8K
SUMMIT SECURITIES GROUP100 sh	100	$7.4K
NBT BANK N A76 sh	76	$5.6K
TSFG62 sh	62	$5.0K
Abound Wealth Management50 sh	50	$3.7K
Whipplewood Advisors43 sh	43	$3.2K
Wealth Science Advisors20 sh	20	$1.4K
Ancora Advisors17 sh	17	$1.3K

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.