QSR
Restaurant Brands International Inc. · Consumer Cyclical · Restaurants
Momentum inputs (comparable managers): holder breadth 0.0% · share flow +1.6% · net new positions 0.0% — formula
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 127 | 0 | 221.92M | $16.15B | +9 | −8 |
| Q1 2026 | 130 | +4 | 225.28M | $16.66B | +7 | −4 |
| Q4 2025 | 126 | -1 | 227.74M | $15.55B | +2 | −2 |
| Q3 2025 | 23 | +3 | 135.86M | $8.72B | +4 | −2 |
| Q2 2025 | 18 | 0 | 115.03M | $7.63B | +2 | −2 |
| Q1 2025 | 15 | -1 | 81.72M | $5.45B | +2 | −3 |
| Q4 2024 | 16 | 0 | 78.56M | $5.12B | +1 | −1 |
| Q3 2024 | 15 | +3 | 75.33M | $5.43B | +4 | −1 |
| Q2 2024 | 12 | — | 72.02M | $5.07B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Capital World Investors ✦ | 43.01M | +1.0% | $2.85B | 0.4% | ▲ Add | 5 | SEC ↗ |
| 2 | Pershing Square Capital Management ✦ | 23.00M | 0.0% | $1.52B | 11.1% | Held | 5 | SEC ↗ |
| 3 | The Vanguard Group ✦ (passive) | 15.30M | — | $1.02B | 0.0% | n/c | 1 | SEC ↗ ×5 |
| 4 | Fidelity (FMR) ✦ | 9.10M | — | $603.31M | 0.0% | n/c | 1 | SEC ↗ ×4 |
| 5 | BlackRock ✦ (passive) | 7.12M | — | $471.84M | 0.0% | n/c | 1 | SEC ↗ ×10 |
| 6 | Geode Capital Management ✦ (passive) | 4.30M | +112.8% | $286.17M | 0.0% | ▲ Add | 5 | SEC ↗ ×2 |
| 7 | Baupost Group ✦ | 4.05M | +4.2% | $268.44M | 6.5% | ▲ Add | 4 | SEC ↗ |
| 8 | Norges Bank ✦ (passive) | 3.84M | -8.3% | $254.95M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 9 | State Street Global Advisors ✦ (passive) | 3.00M | +9477.4% | $198.71M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 10 | Millennium Management ✦ | 818.95K | +58.6% | $54.29M | 0.1% | ▲ Add | 4 | SEC ↗ |
| 11 | Duquesne Family Office ✦ | 751.01K | New | $49.78M | 1.3% | New | 1 | SEC ↗ |
| 12 | Arrowstreet Capital ✦ | 489.23K | -53.9% | $32.46M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 13 | T. Rowe Price ✦ | 132.20K | New | $8.76M | 0.0% | New | 1 | SEC ↗ ×2 |
| 14 | PRIMECAP Management ✦ | 68.24K | -30.5% | $4.52M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 15 | Wellington Management ✦ | 23.41K | +22.0% | $1.55M | 0.0% | ▲ Add | 5 | SEC ↗ ×2 |
| 16 | Gotham Asset Management ✦ | 14.79K | +28.3% | $980,297 | 0.0% | ▲ Add | 2 | SEC ↗ |
| 17 | Bridgewater Associates ✦ | 13.01K | -43.8% | $861,263 | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 18 | AQR Capital Management ✦ | 3.52K | -1.0% | $233,076 | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Duquesne Family Office | $49.78M | 1.3% |
| T. Rowe Price | $8.76M | 0.0% |
Exited
| Citadel Advisors | $280.71M | was 0.3% |
| Marshall Wace | $4.09M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 544 holders, 300.69M shares, $21.03B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer · 57.57K sh · $4.67M
Officer · 64.00K sh · $5.17M
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology
21.3% of class · View original SEC filing ↗
22.1% of class · View original SEC filing ↗