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Security record · archived quarter

QSR

Restaurant Brands International Inc. · Consumer Cyclical · Restaurants

81.57 0.0% mkt cap $28.30B quote delayed (FMP) · as of Aug 25 22:08 UTC — separate from filing data below

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024
126Tracked holders
-1Δ holders
227.74MShares held
$15.55BReported value
+2New positions
−2Exits
Stable Conviction score 54/100 6 quarters of rising tracked shares ●●●●●● How these are computed → Explain this at the Research Desk →

Momentum inputs (comparable managers): holder breadth -0.8% · share flow -2.4% · net new positions 0.0%formula
Broad distribution — falling shares and fewer holders

All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2025

Ownership over time
QuarterHoldersΔSharesReported valueNewExits
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
Holder count
Who holds it · Q4 2025
#ManagerSharesΔ sharesValueTheir weightHeld
1 Capital World Investors 43.53M +7.7% $2.97B 0.4% ▲ Add 7 SEC ↗
2 Pershing Square Capital Management 22.87M -0.2% $1.56B 10.0% ▼ Trim 7 SEC ↗
3 Royal Bank Of Canada 18.54M $1.27B 0.2% n/c 1 SEC ↗
4 Royal Bank Of Canada 18.54M $1.27B 0.2% n/c 1 SEC ↗
5 Royal Bank Of Canada 18.54M $1.27B 0.2% n/c 1 SEC ↗
6 Royal Bank Of Canada 18.54M $1.27B 0.2% n/c 1 SEC ↗
7 Royal Bank Of Canada 18.54M $1.27B 0.2% n/c 1 SEC ↗
8 Royal Bank Of Canada 18.54M $1.27B 0.2% n/c 1 SEC ↗
9 Royal Bank Of Canada 18.54M $1.27B 0.2% n/c 1 SEC ↗
10 Royal Bank Of Canada 18.54M $1.27B 0.2% n/c 1 SEC ↗
11 Royal Bank Of Canada 18.54M $1.27B 0.2% n/c 1 SEC ↗
12 Royal Bank Of Canada 18.54M $1.27B 0.2% n/c 1 SEC ↗
13 Royal Bank Of Canada 18.54M $1.27B 0.2% n/c 1 SEC ↗
14 Royal Bank Of Canada 18.54M $1.27B 0.2% n/c 1 SEC ↗
15 The Vanguard Group (passive) 15.98M +2.2% $1.09B 0.0% ▲ Add 3 SEC ↗
16 The Vanguard Group (passive) 15.98M +2.2% $1.09B 0.0% ▲ Add 3 SEC ↗
17 The Vanguard Group (passive) 15.98M +2.2% $1.09B 0.0% ▲ Add 3 SEC ↗
18 The Vanguard Group (passive) 15.98M +2.2% $1.09B 0.0% ▲ Add 3 SEC ↗
19 The Vanguard Group (passive) 15.98M +2.2% $1.09B 0.0% ▲ Add 3 SEC ↗
20 Bank Of Montreal /Can/ 15.22M $1.04B 0.4% n/c 1 SEC ↗
21 Bank Of Montreal /Can/ 15.22M $1.04B 0.4% n/c 1 SEC ↗
22 Bank Of Montreal /Can/ 15.22M $1.04B 0.4% n/c 1 SEC ↗
23 Bank Of Montreal /Can/ 15.22M $1.04B 0.4% n/c 1 SEC ↗
24 Bank Of Montreal /Can/ 15.22M $1.04B 0.4% n/c 1 SEC ↗
25 Bank Of Montreal /Can/ 15.22M $1.04B 0.4% n/c 1 SEC ↗
26 Bank Of Montreal /Can/ 15.22M $1.04B 0.4% n/c 1 SEC ↗
27 Bank Of Montreal /Can/ 15.22M $1.04B 0.4% n/c 1 SEC ↗
28 Morgan Stanley 8.43M +24.2% $575.12M 0.0% ▲ Add 2 SEC ↗
29 Morgan Stanley 8.43M +24.2% $575.12M 0.0% ▲ Add 2 SEC ↗
30 Morgan Stanley 8.43M +24.2% $575.12M 0.0% ▲ Add 2 SEC ↗
31 Morgan Stanley 8.43M +24.2% $575.12M 0.0% ▲ Add 2 SEC ↗
32 Morgan Stanley 8.43M +24.2% $575.12M 0.0% ▲ Add 2 SEC ↗
33 Morgan Stanley 8.43M +24.2% $575.12M 0.0% ▲ Add 2 SEC ↗
34 Morgan Stanley 8.43M +24.2% $575.12M 0.0% ▲ Add 2 SEC ↗
35 Morgan Stanley 8.43M +24.2% $575.12M 0.0% ▲ Add 2 SEC ↗
36 Morgan Stanley 8.43M +24.2% $575.12M 0.0% ▲ Add 2 SEC ↗
37 Morgan Stanley 8.43M +24.2% $575.12M 0.0% ▲ Add 2 SEC ↗
38 Baupost Group 8.08M -2.1% $551.33M 10.4% ▼ Trim 6 SEC ↗
39 Fidelity (FMR) 7.94M -9.4% $541.94M 0.0% ▼ Trim 3 SEC ↗
40 Fidelity (FMR) 7.94M -9.4% $541.94M 0.0% ▼ Trim 3 SEC ↗
41 Fidelity (FMR) 7.94M -9.4% $541.94M 0.0% ▼ Trim 3 SEC ↗
42 Fidelity (FMR) 7.94M -9.4% $541.94M 0.0% ▼ Trim 3 SEC ↗
43 Fidelity (FMR) 7.94M -9.4% $541.94M 0.0% ▼ Trim 3 SEC ↗
44 BlackRock (passive) 7.52M +3.1% $513.25M 0.0% ▲ Add 3 SEC ↗
45 BlackRock (passive) 7.52M +3.1% $513.25M 0.0% ▲ Add 3 SEC ↗
46 BlackRock (passive) 7.52M +3.1% $513.25M 0.0% ▲ Add 3 SEC ↗
47 BlackRock (passive) 7.52M +3.1% $513.25M 0.0% ▲ Add 3 SEC ↗
48 BlackRock (passive) 7.52M +3.1% $513.25M 0.0% ▲ Add 3 SEC ↗
49 BlackRock (passive) 7.52M +3.1% $513.25M 0.0% ▲ Add 3 SEC ↗
50 BlackRock (passive) 7.52M +3.1% $513.25M 0.0% ▲ Add 3 SEC ↗
51 BlackRock (passive) 7.52M +3.1% $513.25M 0.0% ▲ Add 3 SEC ↗
52 BlackRock (passive) 7.52M +3.1% $513.25M 0.0% ▲ Add 3 SEC ↗
53 BlackRock (passive) 7.52M +3.1% $513.25M 0.0% ▲ Add 3 SEC ↗
54 Td Asset Management Inc 5.54M $378.85M 0.3% n/c 1 SEC ↗
55 Td Asset Management Inc 5.54M $378.85M 0.3% n/c 1 SEC ↗
56 Td Asset Management Inc 5.54M $378.85M 0.3% n/c 1 SEC ↗
57 Td Asset Management Inc 5.54M $378.85M 0.3% n/c 1 SEC ↗
58 Geode Capital Management (passive) 5.22M +6.0% $365.28M 0.0% ▲ Add 7 SEC ↗
59 Geode Capital Management (passive) 5.22M +6.0% $365.28M 0.0% ▲ Add 7 SEC ↗
60 FIL Ltd 4.43M $302.30M 0.2% n/c 1 SEC ↗
61 FIL Ltd 4.43M $302.30M 0.2% n/c 1 SEC ↗
62 Norges Bank (passive) 3.82M New $260.71M 0.0% New 1 SEC ↗
63 1832 Asset Management L.P. 3.82M $260.50M 0.3% n/c 1 SEC ↗
64 National Bank Of Canada /Fi/ 3.83M $259.42M 0.3% n/c 1 SEC ↗
65 National Bank Of Canada /Fi/ 3.83M $259.42M 0.3% n/c 1 SEC ↗
66 National Bank Of Canada /Fi/ 3.83M $259.42M 0.3% n/c 1 SEC ↗
67 National Bank Of Canada /Fi/ 3.83M $259.42M 0.3% n/c 1 SEC ↗
68 National Bank Of Canada /Fi/ 3.83M $259.42M 0.3% n/c 1 SEC ↗
69 Cibc World Market Inc. 3.69M $251.75M 0.5% n/c 1 SEC ↗
70 Invesco Ltd. 3.47M $236.76M 0.0% n/c 1 SEC ↗
71 Invesco Ltd. 3.47M $236.76M 0.0% n/c 1 SEC ↗
72 Invesco Ltd. 3.47M $236.76M 0.0% n/c 1 SEC ↗
73 Invesco Ltd. 3.47M $236.76M 0.0% n/c 1 SEC ↗
74 Invesco Ltd. 3.47M $236.76M 0.0% n/c 1 SEC ↗
75 Invesco Ltd. 3.47M $236.76M 0.0% n/c 1 SEC ↗
76 Invesco Ltd. 3.47M $236.76M 0.0% n/c 1 SEC ↗
77 Invesco Ltd. 3.47M $236.76M 0.0% n/c 1 SEC ↗
78 Invesco Ltd. 3.47M $236.76M 0.0% n/c 1 SEC ↗
79 Invesco Ltd. 3.47M $236.76M 0.0% n/c 1 SEC ↗
80 Invesco Ltd. 3.47M $236.76M 0.0% n/c 1 SEC ↗
81 Invesco Ltd. 3.47M $236.76M 0.0% n/c 1 SEC ↗
82 Toronto Dominion Bank 3.31M $225.71M 0.4% n/c 1 SEC ↗
83 Toronto Dominion Bank 3.31M $225.71M 0.4% n/c 1 SEC ↗
84 Toronto Dominion Bank 3.31M $225.71M 0.4% n/c 1 SEC ↗
85 Toronto Dominion Bank 3.31M $225.71M 0.4% n/c 1 SEC ↗
86 Toronto Dominion Bank 3.31M $225.71M 0.4% n/c 1 SEC ↗
87 State Street Global Advisors (passive) 3.16M +1.1% $217.19M 0.0% ▲ Add 5 SEC ↗
88 Canada Pension Plan Investment Board 2.75M $187.68M 0.1% n/c 1 SEC ↗
89 Goldman Sachs Group 2.52M -75.3% $172.17M 0.0% ▼ Trim 2 SEC ↗
90 Goldman Sachs Group 2.52M -75.3% $172.17M 0.0% ▼ Trim 2 SEC ↗
91 Goldman Sachs Group 2.52M -75.3% $172.17M 0.0% ▼ Trim 2 SEC ↗
92 Capital Research Global Investors 2.04M $139.20M 0.0% n/c 1 SEC ↗
93 Bank Of America Corp /De/ 2.02M $137.98M 0.0% n/c 1 SEC ↗
94 Bank Of America Corp /De/ 2.02M $137.98M 0.0% n/c 1 SEC ↗
95 Bank Of America Corp /De/ 2.02M $137.98M 0.0% n/c 1 SEC ↗
96 Bank Of America Corp /De/ 2.02M $137.98M 0.0% n/c 1 SEC ↗
97 Bank Of America Corp /De/ 2.02M $137.98M 0.0% n/c 1 SEC ↗
98 Bank Of America Corp /De/ 2.02M $137.98M 0.0% n/c 1 SEC ↗
99 Bank Of America Corp /De/ 2.02M $137.98M 0.0% n/c 1 SEC ↗
100 Bank Of America Corp /De/ 2.02M $137.98M 0.0% n/c 1 SEC ↗

“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.

New buyers

Norges Bank $260.71M 0.0%

Exited

Point72 Asset Management $55.81M was 0.1%
Marshall Wace $2.95M was 0.0%

Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 1 holders, 14.63K shares, $2.86M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.

Frequently co-owned

What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.

Provenance: Ownership from parsed 13F common-stock positions (tracked universe, comparable sets for changes); insider rows from Forms 3/4/5; stakes from Schedules 13D/13G; every filing links to its original on SEC EDGAR. Reporting period: Q4 2025 · Methodology · Get this via the API