L3VLUP
ProSign in

QSR in the 13F filings

Restaurant Brands International Inc · CUSIP 76131D103

Sector · Consumer discretionary
Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
27
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 9 listed it in both
Shares listed
92,740,373
combined, among listed positions
Reported value
$6.3bn
combined, at the quarter end

1 line marked †. Value as filed implies a price far from other filers'. Each counts in holders and value as filed, and is left out of the net change in shares.

Among the 92 comparable managers: 15 buyers (opened or added shares) and 19 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +137,520.

Managers listing QSR in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

27 of 27 holders

ActionFiling
Capital World Investors43,525,570$3.0bn0.40%Added+3,095,16711 Feb 2026 (the filing on sec.gov)
Pershing Square Capital Management LP22,866,773$1.6bn10.05%Trimmed-48,72317 Feb 2026 (the filing on sec.gov)
Baupost Group LLC8,080,112$551m10.44%Trimmed-172,75013 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)7,941,984$542munder 0.1%Trimmed-828,82417 Feb 2026 (the filing on sec.gov)
Invesco Ltd3,469,979$237munder 0.1%Trimmed-166,84819 Feb 2026 (the filing on sec.gov)
Capital Research Global Investors2,040,125$139munder 0.1%Added+1,38011 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC1,188,246$81munder 0.1%Trimmed-706,53617 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC569,717$39munder 0.1%Added+188,60013 Feb 2026 (the filing on sec.gov)
Millennium Management LLC493,468$34munder 0.1%Added+431,01417 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd430,868$29munder 0.1%Added+5,72317 Feb 2026 (the filing on sec.gov)
Woodline Partners LP406,487$28m0.11%Newnew17 Feb 2026 (the filing on sec.gov)
Man Group PLC361,912$25munder 0.1%Trimmed-424,15017 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.286,960$20munder 0.1%Added+229,16017 Feb 2026 (the filing on sec.gov)
Soroban Capital Partners LP† Value as filed implies a price far from other filers'.300,000$19m0.13%Held017 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc161,222$11munder 0.1%Added+11,57317 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP146,353$10.0munder 0.1%Added+57017 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC138,707$9.5munder 0.1%Trimmed-1,79213 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP80,173$5.5munder 0.1%Trimmed-33,73813 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC62,394$4.3munder 0.1%Added+40,66717 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP46,756$3.2munder 0.1%Trimmed-60,35917 Feb 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC41,198$2.8munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP34,276$2.3munder 0.1%Added+10,72317 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC22,210$1.5munder 0.1%Trimmed-1,40927 Oct 2026 (the filing on sec.gov)
Arrowstreet Capital LP21,750$1.5munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC17,881$1.2munder 0.1%Added+7,17312 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (4)

Exited (8)

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
13 in Q3 2024 to 8 in Q2 2026

Tracked managers listing it, at least.

0102030201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
QSR by quarter
QuarterHoldersReported valueBuyersSellers
Q4 201414$2.8bnn.a.n.a.
Q1 20159$2.4bnn.a.n.a.
Q2 20159$2.5bnn.a.n.a.
Q3 20157$2.4bnn.a.n.a.
Q4 201510$2.9bnn.a.n.a.
Q1 201612$2.8bnn.a.n.a.
Q2 201612$3.0bnn.a.n.a.
Q3 201612$3.2bnn.a.n.a.
Q4 201615$3.4bnn.a.n.a.
Q1 201713$4.0bnn.a.n.a.
Q2 201712$4.5bnn.a.n.a.
Q3 201720$5.0bnn.a.n.a.
Q4 201722$5.0bnn.a.n.a.
Q1 201820$4.2bnn.a.n.a.
Q2 201823$3.9bnn.a.n.a.
Q3 201816$3.6bnn.a.n.a.
Q4 201819$3.1bnn.a.n.a.
Q1 201919$4.1bnn.a.n.a.
Q2 201916$3.9bnn.a.n.a.
Q3 201929$6.1bnn.a.n.a.
Q4 201924$4.6bnn.a.n.a.
Q1 202015$2.5bnn.a.n.a.
Q2 202013$3.0bnn.a.n.a.
Q3 20209$3.6bnn.a.n.a.
Q4 20207$3.9bnn.a.n.a.
Q1 20218$4.1bnn.a.n.a.
Q2 20217$4.3bnn.a.n.a.
Q3 20217$4.1bnn.a.n.a.
Q4 20216$4.2bnn.a.n.a.
Q1 20227$4.0bnn.a.n.a.
Q2 202210$3.5bnn.a.n.a.
Q3 202214$3.9bnn.a.n.a.
Q4 202216$5.4bnn.a.n.a.
Q1 202313$6.2bnn.a.n.a.
Q2 202316$7.4bnn.a.n.a.
Q3 202311$6.2bnn.a.n.a.
Q4 202313$7.6bn84
Q1 202411$8.1bn65
Q2 202414$7.2bn88
Q3 202413$7.2bn68
Q4 202415$6.1bn85
Q1 202514$6.0bn58
Q2 202512$5.6bn84
Q3 202511$5.4bn57
Q4 202511$5.9bn1519
Q1 202610$6.3bn1415
Q2 20268$6.4bn1713

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

QSR and AMZN →QSR and TSLA →QSR and HD →Choose a stock to compare with QSR →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own QSR, latest filings →Back to the 13F Explorer →