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QSR — RESTAURANT BRANDS INTL INC

Reported value held$12.13B
Funds holding (latest)53
SectorConsumer Discretionary
Funds holding (Q2 2026)41
Institutional value$9.25B · 127.56M sh
New / Add / Cut / Exit5 / 22 / 11 / 3
Top-5 / Top-10 concentration63.6% / 80.1%
Institutional holdings change Reducing -5.9% (-7.97M sh)
Institutional value change Down -7.6%

As of Q2 2026, 41 SEC-registered investment managers reported holding QSR (RESTAURANT BRANDS INTL INC) in their latest 13F filings, with a combined reported value of $9.25B across 127.56M shares. That is -5.9% by share count (-7.97M shares) versus the previous quarter, while reported value moved -7.6%. Ownership is concentrated: the five largest holders account for 63.6% of reported value and the top ten for 80.1%.

Compared with the prior quarter, 5 opened new positions, 22 added to existing stakes, 11 trimmed, 3 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.

QSR is classified in the Consumer Discretionary sector.

All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.

FundQuarterSharesValuePortfolio WeightChange
Capital World Investors history Q2 2026 43.86M $3.18B 0.40% Add
Pershing Square Capital Management history Q1 2026 22.65M $1.67B 12.20% Reduce
BlackRock Inc history Q2 2026 15.23M $1.10B 0.02% Add
Vanguard Group history Q4 2025 15.98M $1.09B 0.02% Add
Fidelity Management & Research (FMR) history Q2 2026 8.42M $610.49M 0.03% Add
Goldman Sachs Group history Q2 2026 7.56M $548.22M 0.05% Add
Geode Capital Management history Q2 2026 5.85M $436.08M 0.02% Add
Morgan Stanley history Q2 2026 4.84M $351.27M 0.02% Reduce
Bank of America Corp history Q2 2026 4.77M $345.87M 0.02% Reduce
CPP Investments history Q2 2026 4.22M $306.14M 0.17% Add
Norges Bank Investment Management history Q2 2026 3.82M $276.98M 0.03% Hold
Invesco Ltd history Q2 2026 3.40M $246.85M 0.02% Reduce
Citadel Advisors history Q2 2026 3.38M $245.09M 0.03% Add
Fidelity International (FIL) history Q2 2026 2.99M $217.17M 0.16% Reduce
Capital Research Global Investors history Q2 2026 2.51M $182.31M 0.03% Hold
UBS Group AG history Q2 2026 2.20M $159.87M 0.02% Add
JPMorgan Chase & Co history Q2 2026 1.71M $125.60M 0.01% New
Legal & General Investment Management America history Q2 2026 1.60M $115.66M 0.02% Reduce
Manulife Financial history Q2 2026 1.41M $101.78M 0.08% Add
Corvex Management history Q2 2026 1.27M $91.74M 2.80% Reduce

View all 53 fund holders →

New Positions (Q2 2026)

Fully Exited (vs previous quarter)

Fund Position History — shares by quarter (top 20 funds)

FundQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Capital World Investors 36.15M 37.48M 37.58M 37.56M 37.55M 40.10M 41.51M 41.73M 42.02M 42.24M 42.71M 42.53M 42.58M 43.42M 42.59M 43.01M 40.43M 43.53M 42.86M 43.86M
BlackRock Inc — — — — — — — — — — — — 247.90K 245.43K 235.74K 7.12M 7.29M 7.52M 7.99M 15.23M
Fidelity Management & Research (FMR) 3.79M 3.91M 3.75M 3.52M 3.57M 3.79M 4.00M 4.20M 3.92M 4.30M 7.01M 8.92M 7.74M 7.15M 8.08M 9.10M 8.77M 7.94M 8.26M 8.42M
Goldman Sachs Group 185.03K 1.06M 253.40K 336.82K 2.79M 1.59M 357.96K 1.40M 2.21M 756.76K 852.26K 3.47M 8.34M 8.06M 8.11M 9.90M 10.24M 2.52M 7.11M 7.56M
Geode Capital Management 729.41K 802.12K 799.96K 869.90K 934.86K 922.04K 980.13K 1.05M 1.06M 1.09M 1.18M 1.25M 1.38M 1.85M 2.02M 4.30M 4.92M 5.22M 5.55M 5.85M
Morgan Stanley 558.15K 454.90K 369.31K 713.25K 601.17K 575.20K 739.67K 797.93K 977.00K 742.26K 1.34M 1.47M 1.58M 1.97M 1.98M 4.12M 6.79M 8.43M 7.32M 4.84M
Bank of America Corp 623.85K 709.06K 893.27K 871.89K 944.26K 1.04M 1.15M 1.05M 974.05K 1.09M 1.26M 1.05M 1.30M 1.14M 1.58M 2.34M 1.94M 2.02M 4.93M 4.77M
CPP Investments 1.36M 1.62M 1.63M 1.63M 2.04M 2.68M 4.02M 1.27M 1.26M 1.54M 2.66M 3.49M 2.30M 2.98M 1.83M 2.86M 2.90M 2.75M 2.94M 4.22M
Norges Bank Investment Management — — — — — 1.41M — — — 3.12M — 3.29M — 4.07M — 3.84M — 3.82M — 3.82M
Invesco Ltd 813.04K 839.17K 957.54K 950.33K 1.69M 1.75M 1.14M 1.04M 846.00K 476.76K 383.16K 428.45K 443.95K 467.45K 2.64M 3.29M 3.64M 3.47M 3.54M 3.40M
Citadel Advisors 1.36M 1.96M 531.39K 2.40M 2.40M 1.96M 483.40K 1.15M 837.08K 2.08M 581.01K 462.90K 2.68M 1.97M 4.85M 388.30K 2.28M 1.52M 2.31M 3.38M
Fidelity International (FIL) 1.06M 975.71K 1.80M 2.29M 1.66M 4.27M 5.80M 7.07M 8.90M 7.71M 7.63M 6.29M 2.85M 1.75M 5.37M 5.75M 4.47M 4.43M 3.50M 2.99M
Capital Research Global Investors — — — 1.74M 5.19M 10.27M 18.55M 19.90M 20.04M 24.01M 23.34M 19.61M 20.20M 11.26M 5.60M 2.59M 2.04M 2.04M 2.51M 2.51M
UBS Group AG 732.33K 777.67K 642.77K 827.08K 334.63K 539.98K 623.63K 617.93K 516.14K 512.12K 514.14K 515.17K 558.96K 567.63K 819.41K 502.92K 1.03M 1.41M 1.61M 2.20M
JPMorgan Chase & Co 1.45M 1.54M 1.64M 222.90K 1.55M 70.00K 19.50K 74.50K 1.60M 1.52M 1.49M 1.49M 12.10K 4.05M 5.60K 1.53M 1.52M 1.47M — 1.71M
Legal & General Investment Management America 1.37M 1.34M 1.45M 1.51M 1.43M 1.31M 1.33M 1.36M 1.47M 1.88M 1.89M 1.91M 1.94M 1.50M 1.53M 1.51M 1.61M 1.69M 1.73M 1.60M
Manulife Financial 5.68M 5.27M 4.69M 4.09M 4.73M 4.96M 5.10M 3.67M 2.63M 2.93M 3.97M 4.14M 3.85M 2.59M 1.18M 827.06K 1.21M 1.18M 1.10M 1.41M
Corvex Management — — — — — — — — — — — — — — — 873.18K 2.41M 2.41M 1.58M 1.27M
D. E. Shaw & Co — 37.88K 37.72K 78.41K 53.36K 57.66K 42.17K 80.21K 118.46K 168.16K 164.25K 64.28K 52.23K 102.01K — — 57.80K 332.86K 150.70K 1.18M
Charles Schwab Investment Management — — — — — — — — — — — 677.67K 707.71K 747.86K 764.10K 908.00K 931.48K 960.00K 1.05M 1.11M

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