Restaurant Brands InternQSR

13F holders, Q2 2024 (June 30)
444holders −17
44new positions
59sold out
6famous investors
$70.50avg. 13F price*

At the end of Q2 2024, 444 institutions reported holding Restaurant Brands Intern (QSR) in their 13F filings, down 17 from Q1 2024. 44 opened new positions and 59 sold out. The largest holders were Capital World Investors ($3.0B), Pershing Square ($1.6B) and Royal Bank of Canada ($1.4B). 6 famous investors held it, including Bill Ackman (15.6% of Pershing Square's portfolio), Daniel Sundheim (3.4% of D1 Capital Partners's portfolio) and Prem Watsa (0.2% of Fairfax Financial Holdings's portfolio).

Company
Restaurant Brands Intern
CUSIP
76131D103
Latest filing quarter
Q2 2026

History

Number of 13F holders

0200400600 Q1 2024: 461Q1 2024Q2 2024: 444Q2 2024Q3 2024: 463Q3 2024Q4 2024: 449Q4 2024Q1 2025: 458Q1 2025Q2 2025: 454Q2 2025Q3 2025: 464Q3 2025Q4 2025: 506Q4 2025Q1 2026: 550Q1 2026Q2 2026: 580Q2 2026

Total Exit/New Position Q1 2024 → Q2 2024

InstitutionsTotal Value
New Positions44$392.9M
Exits59$170.4M

All 13F filers, Q1 2024 → Q2 2024: 24,636,886 shares bought and 12,933,910 shares sold, net +11,702,976 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 444 holders

Capital World Investors 0.49% Reduce -0.4% 42,526,513 $3.0B
Pershing Square 15.64% Reduce -0.9% 23,142,542 $1.6B
Royal Bank of Canada 0.34% Reduce -1.8% 20,165,717 $1.4B
Capital Research Global Investors 0.30% Reduce -15.9% 19,614,552 $1.4B
Vanguard Group Inc. 0.02% Add +3.0% 12,506,641 $880.1M
EdgePoint Investment Group Inc. 6.86% Add +4.9% 11,520,634 $811.9M
FMR LLC 0.04% Add +27.2% 8,916,324 $628.3M
Bank of Montreal 0.17% Add +20.4% 8,125,919 $566.9M
JARISLOWSKY, FRASER Ltd 2.86% Reduce -1.2% 6,673,716 $470.2M
FIL Ltd 0.44% Reduce -17.5% 6,288,754 $443.1M
1832 Asset Management L.P. 0.73% Add +15.6% 5,732,531 $403.4M
Mackenzie Financial Corp. 0.58% Add +10.3% 5,543,650 $390.7M
Beutel, Goodman & Co Ltd. 1.99% Add +32.4% 5,320,067 $374.8M
TD Asset Management Inc 0.32% Reduce -1.1% 4,794,663 $337.8M
Manufacturers Life Insurance Company, The 0.27% Add +4.3% 4,144,430 $291.6M
Fiera Capital Corp 0.77% Add +6.5% 3,517,417 $248.0M
Canada Pension Plan Investment Board 0.24% Add +31.4% 3,490,157 $245.9M
Goldman Sachs Group Inc. 0.05% Add +306.9% 3,467,979 $244.0M
Norges Bank 0.03% Add +3.6% 3,289,816 $231.7M
Nuveen Asset Management, LLC 0.06% Add +75.5% 3,109,094 $218.8M
Cibc World Market Inc. 0.54% Add +17.8% 3,073,530 $216.3M
CIBC Asset Management Inc 0.71% Reduce -8.9% 2,850,861 $200.8M
D1 Capital Partners 3.38% New 2,843,500 $200.1M
Bank of Nova Scotia 0.33% Add +1.5% 2,378,625 $167.6M
Alliancebernstein L.P. 0.06% Reduce -3.5% 2,307,552 $162.4M
Canoe Financial LP 2.78% No change 1,889,014 $150.1M
Connor, Clark & Lunn Investment Management Ltd. 0.56% Add +34.3% 1,899,460 $133.9M
National Bank of Canada 0.21% Add +27.4% 1,887,274 $132.3M
Dorsal Capital Management, LP 4.12% Reduce -1.2% 1,700,000 $119.6M
Scotia Capital Inc. 0.62% Add +16.2% 1,506,358 $105.6M
JPMorgan Chase & Co. 0.01% Add +0.3% 1,491,403 $105.0M
Legal & General Group Plc 0.03% Add +1.4% 1,474,958 $103.9M
Morgan Stanley 0.01% Add +10.0% 1,473,279 $103.7M
Bank of New York Mellon Corp 0.02% Reduce -22.4% 1,322,061 $93.0M
Geode Capital Management, LLC 0.01% Add +6.2% 1,253,247 $89.4M
Guardian Capital LP 3.36% Add +22.6% 1,263,100 $89.0M
Cannell & Spears LLC 1.76% Add +200.7% 1,205,233 $84.8M
TD Waterhouse Canada Inc. 0.73% Add +3.0% 1,159,250 $82.0M
Burgundy Asset Management Ltd. 0.86% Reduce -1.1% 1,157,591 $81.5M
Epoch Investment Partners, Inc. 0.36% Reduce -5.2% 1,113,283 $78.3M
Federation des caisses Desjardins du Quebec 0.41% Add +125.1% 1,068,117 $76.5M
Bank of America Corp. 0.01% Reduce -9.0% 1,046,676 $73.7M
Jane Street Group, LLC 0.08% Add +333.3% 1,022,541 $72.1M
Alberta Investment Management Corp 0.78% Add +16.2% 994,800 $70.1M
Swiss National Bank 0.04% Add +0.4% 899,930 $63.4M
Aviso Financial Inc. 3.48% — 890,718 $62.5M
Toronto Dominion Bank 0.10% Add +6.3% 859,505 $60.5M
Junto Capital Management LP 1.18% New 759,552 $53.4M
Intact Investment Management Inc. 2.00% Add +23.0% 757,244 $53.4M
Woodline Partners LP 0.48% Add +63.3% 714,364 $50.3M
Charles Schwab Investment Management Inc. 0.01% New 677,672 $47.7M
Dimensional Fund Advisors LP 0.01% Add +1.7% 650,486 $45.8M
Massachusetts Financial Services Co. 0.01% Add +1.7% 627,157 $44.1M
Arrowstreet Capital, Limited Partnership 0.04% Reduce -14.0% 616,605 $43.4M
Public Sector Pension Investment Board 0.27% Add +36.4% 600,000 $42.3M
RDST Capital LLC 11.11% Add +14.1% 600,021 $42.2M
Continental Grain Co. 19.66% Add +88.5% 559,178 $39.3M
GW&K Investment Management, LLC 0.36% Reduce -2.4% 556,117 $39.1M
Scheer, Rowlett & Associates Investment Management Ltd. 2.98% Reduce -0.6% 552,662 $38.9M
Addenda Capital Inc. 1.45% Reduce -1.8% 380,118 $36.9M
Bridgewater Associates 0.19% Reduce -9.1% 503,772 $35.5M
Envestnet Asset Management Inc. 0.01% Reduce -1.5% 504,133 $35.5M
Cidel Asset Management Inc. 2.72% Add +9.2% 498,479 $35.1M
Letko, Brosseau & Associates Inc. 0.60% Reduce -12.2% 450,175 $31.7M
Alta Capital Management LLC/ 1.98% Reduce -1.2% 447,494 $31.5M
UBS Group AG 0.01% Reduce -2.0% 440,398 $31.0M
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.18% Add +4.1% 433,185 $30.5M
Invesco Ltd. 0.01% Add +11.8% 428,447 $30.1M
Man Group plc 0.08% Add +2219.0% 410,261 $28.9M
Amundi 0.01% Reduce -8.7% 390,794 $27.3M
MIC Capital Management UK LLP 5.91% No change 386,203 $27.2M
Point72 Asset Management 0.09% New 383,087 $27.0M
Galibier Capital Management Ltd. 6.23% Add +9.0% 355,326 $25.0M
Deutsche Bank AG 0.01% Reduce -21.4% 352,314 $24.8M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% New 329,474 $23.2M
Baskin Financial Services Inc. 1.97% Add +14.0% 327,442 $23.1M
Braun Stacey Associates Inc. 0.81% Reduce -3.1% 295,401 $20.8M
Korea Investment CORP 0.05% Add +63.9% 293,223 $20.7M
Voloridge Investment Management, LLC 0.07% Add +1737.0% 284,478 $20.0M
CANADA LIFE ASSURANCE Co 0.04% Add +6.8% 279,892 $19.6M
MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 2.33% Reduce -1.6% 271,566 $19.1M
Wells Fargo & Company 0.00% Reduce -3.4% 271,849 $19.1M
Bank of Nova Scotia Trust Co. 2.12% Add +0.9% 270,198 $19.0M
BlackRock Inc. 0.00% Reduce -3.5% 249,708 $17.6M
Aberdeen Group plc 0.03% Reduce -3.8% 238,321 $16.8M
Rockefeller Capital Management L.P. 0.04% Add +5.7% 214,184 $15.1M
Artemis Investment Management LLP 0.18% New 192,737 $13.6M
Varma Mutual Pension Insurance Co 0.11% Add +25.3% 187,058 $13.2M
Capital International Sarl 0.38% Add +5.8% 177,724 $12.5M
State of Tennessee, Department of Treasury 0.05% Reduce -1.9% 177,041 $12.5M
Citigroup Inc. 0.01% Reduce -0.8% 171,146 $12.1M
Arvest Trust Co. N A 0.72% Reduce -3.3% 171,223 $12.0M
Capital International Ltd. 0.55% Reduce -0.6% 169,750 $11.9M
Dana Investment Advisors, Inc. 0.40% Reduce -3.0% 168,825 $11.9M
Mufg Securities (canada), LTD. 0.78% Add +103276.5% 167,470 $11.8M
Raymond James Financial Services Advisors, Inc. 0.02% Reduce -2.0% 162,167 $11.4M
Northern Trust Corp. 0.00% Reduce -6.9% 161,711 $11.4M
Cadence Bank 0.83% Add +2.4% 157,805 $11.1M
Neuberger Berman Group LLC 0.01% Reduce -21.8% 141,114 $9.9M
Greystone Financial Group, LLC 1.92% Add +42.8% 139,437 $9.8M
Gunderson Capital Management LLC 4.15% Reduce -3.1% 137,376 $9.7M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.03% Add +6.8% 134,622 $9.5M
Bogart Wealth, LLC 0.47% Reduce -7.9% 131,936 $9.3M
JCP Investment Management, LLC 10.23% Add +5.7% 130,000 $9.1M
Allianz Asset Management GmbH 0.01% Reduce -2.0% 93,980 $9.0M
Capital International, Inc. 0.12% Add +7.4% 123,543 $8.7M
Primecap Management Co. 0.01% Reduce -11.2% 119,300 $8.4M
Pictet Asset Management Holding SA 0.01% Add +5.8% 117,470 $8.4M
Forsta Ap-Fonden 0.07% Add +70.2% 118,300 $8.3M
Mn Services Vermogensbeheer B.V. 0.06% Reduce -2.8% 116,600 $8.2M
Russell Investments Group, Ltd. 0.01% Reduce -12.3% 109,389 $7.7M
T. Rowe Price Associates Inc. 0.00% Reduce -6.2% 102,158 $7.2M
Earnest Partners LLC 0.03% Reduce -88.7% 98,780 $7.0M
Franklin Resources Inc. 0.00% Reduce -9.8% 96,628 $6.8M
Novare Capital Management LLC 0.59% Add +2.9% 93,490 $6.6M
Alerus Financial NA 0.48% Add +1.9% 91,371 $6.4M
Gateway Investment Advisers LLC 0.07% Reduce -30.7% 88,687 $6.2M
LPL Financial LLC 0.00% Reduce -0.9% 88,180 $6.2M
Ameriprise Financial Inc. 0.00% Reduce -82.8% 85,076 $6.1M
Northwest & Ethical Investments L.P. 0.17% Reduce -0.8% 82,710 $5.8M
Louisbourg Investments Inc. 1.56% Add +98.8% 79,006 $5.6M
Oliver Luxxe Assets LLC 1.16% Add +1.6% 77,923 $5.5M
Raymond James & Associates 0.00% Add +42.0% 77,669 $5.5M
Allspring Global Investments Holdings, LLC 0.01% Reduce -22.4% 74,194 $5.2M
Oppenheimer & Co. Inc. 0.08% Reduce -4.9% 70,800 $5.0M
Chartwell Investment Partners, LLC 0.17% Reduce -37.4% 67,427 $4.7M
Moore Capital Management, LP 0.11% New 66,000 $4.6M
Creative Planning 0.00% Add +1.2% 62,040 $4.4M
Onex Canada Asset Management Inc. 0.46% Reduce -16.1% 54,684 $4.1M
Verition Fund Management LLC 0.03% Add +495.4% 57,146 $4.0M
O'shaughnessy Asset Management, LLC 0.04% Add +1.6% 55,526 $3.9M
Northwestern Mutual Wealth Management Co. 0.00% Add +37.3% 52,637 $3.7M
Natixis Advisors, LLC 0.01% Reduce -8.3% 52,434 $3.7M
First Manhattan Co. Llc. 0.01% Reduce -8.0% 51,861 $3.7M
Iridian Asset Management LLC 0.81% Reduce -3.9% 50,721 $3.6M
Truist Financial Corp. 0.01% Reduce -31.2% 48,062 $3.4M
Asset Management One Co., Ltd. 0.01% No change 47,415 $3.3M
AIA Group Ltd 0.09% Add +21.7% 44,346 $3.1M
Founders Capital Management, LLC 0.55% Reduce -0.6% 42,738 $3.0M
Boston Partners 0.00% Reduce -1.9% 42,516 $3.0M
American Century Companies Inc. 0.00% No change 41,930 $3.0M
Redwood Investment Management, LLC 0.26% Add +1.9% 41,877 $3.0M
Fairfax Financial Holdings 0.25% No change 42,000 $2.9M
DekaBank Deutsche Girozentrale 0.01% Reduce -3.0% 40,582 $2.8M
Skandinaviska Enskilda Banken AB (publ) 0.01% Add +0.0% 39,562 $2.8M
Janus Henderson Group PLC 0.00% Reduce -7.2% 39,093 $2.8M
Caisse de depot et placement du Quebec 0.01% New 38,316 $2.7M
Barclays PLC 0.00% Reduce -13.8% 36,266 $2.6M
Townsquare Capital LLC 0.03% Add +7.8% 36,125 $2.5M
APG Asset Management N.V. 0.00% Add +191.8% 38,034 $2.5M
AXA S.A. 0.01% Reduce -14.5% 35,316 $2.5M
Seascape Capital Management 0.92% Add +0.7% 35,246 $2.5M
Savoir Faire Capital Management, L.P. 0.96% New 35,000 $2.5M
Utah Retirement Systems 0.03% Reduce -3.6% 34,901 $2.5M
Achmea Investment Management B.V. 0.04% Add +3.6% 33,977 $2.4M
Capital Group Investment Management Pte. LTD. 0.51% No change 33,256 $2.3M
State Street Corp. 0.00% No change 32,327 $2.3M
First Trust Advisors LP 0.00% Add +26.3% 31,257 $2.2M
Andra AP-fonden 0.04% New 22,700 $2.2M
Cetera Investment Advisers 0.00% Reduce -26.0% 30,237 $2.1M
SIG North Trading, ULC 0.55% New 30,200 $2.1M
D. E. Shaw & Co. 0.00% Reduce -6.8% 29,682 $2.1M
Timelo Investment Management Inc. 4.10% New 29,000 $2.0M
Crossmark Global Holdings, Inc. 0.04% Reduce -10.5% 28,489 $2.0M
Commonwealth Equity Services, LLC 0.00% Add +1.1% 28,401 $2.0M
USS Investment Management Ltd 0.02% Add +7.5% 27,362 $1.9M
M&T Bank Corp 0.01% Reduce -4.5% 27,153 $1.9M
Two Sigma Advisers, LP 0.00% New 27,100 $1.9M
Bennett Selby Investments LP 0.84% Reduce -89.9% 26,649 $1.9M
Perbak Capital Partners LLP 0.54% New 26,172 $1.8M
Kestra Advisory Services, LLC 0.01% Reduce -13.9% 25,433 $1.8M
Osaic Holdings, Inc. 0.00% Reduce -51.3% 25,207 $1.8M
Callahan Advisors, LLC 0.18% No change 25,030 $1.8M
Capital Fund Management S.A. 0.02% Reduce -19.2% 24,853 $1.7M
Hutner Capital Management Inc. 0.94% Reduce -3.2% 24,307 $1.7M
Assetmark, Inc. 0.01% Add +12.6% 23,886 $1.7M
Buckingham Capital Management, Inc. 0.18% Reduce -6.2% 21,322 $1.5M
Mariner, LLC 0.00% Add +18.7% 21,253 $1.5M
Burney Co./ 0.05% Reduce -3.3% 20,435 $1.4M
Walleye Capital LLC 0.02% Reduce -82.6% 20,400 $1.4M
Nichols & Pratt Advisers LLP 0.09% Add +14.5% 19,825 $1.4M
Silvant Capital Management LLC 0.06% No change 19,543 $1.4M
Moloney Securities Asset Management, LLC 0.20% Add +1.9% 19,490 $1.4M
Principal Financial Group Inc. 0.00% Reduce -5.3% 19,468 $1.4M
Sei Investments Co. 0.00% Reduce -90.9% 19,381 $1.4M
A. D. Beadell Investment Counsel, Inc. 1.13% Reduce -13.1% 19,170 $1.3M
Orion Porfolio Solutions, LLC 0.01% Reduce -11.4% 18,870 $1.3M
Orion Portfolio Solutions, LLC 0.01% Reduce -11.4% 18,870 $1.3M
Advisors Asset Management, Inc. 0.03% Reduce -7.8% 18,857 $1.3M
Ensign Peak Advisors, Inc 0.00% No change 17,808 $1.3M
Hantz Financial Services, Inc. 0.02% Reduce -3.8% 18,282 $1.3M
Arvest Investments, Inc. 0.21% Reduce -0.4% 18,253 $1.3M
Lee Financial Co 0.21% Reduce -5.7% 18,221 $1.3M
Royal Fund Management, LLC 0.17% Add +32.8% 17,830 $1.3M
Aigen Investment Management, LP 0.24% Add +563.1% 17,686 $1.2M
Stifel Financial Corp. 0.00% Reduce -36.3% 17,202 $1.2M
Fiduciary Family Office, LLC 0.47% Add +6.6% 17,030 $1.2M
Greenwood Capital Associates LLC 0.16% Add +3.2% 17,017 $1.2M
Quantinno Capital Management LP 0.02% Add +9.7% 16,923 $1.2M
PNC Financial Services Group, Inc. 0.00% Reduce -24.2% 16,206 $1.1M
Acadian Asset Management LLC 0.00% Add +40.9% 15,643 $1.1M
Investment Management Corp of Ontario 0.03% Add +2.0% 15,238 $1.1M
Tacita Capital Inc 0.71% Add +4.9% 14,283 $1.0M
Envestnet Portfolio Solutions, Inc. 0.00% Reduce -8.2% 13,993 $985K
Ossiam 0.02% Add +22.8% 13,820 $974K
Greylin Investment Management, Inc 0.17% Reduce -6.4% 13,757 $968K
Waterfront Wealth Inc. 0.26% Add +11.8% 13,624 $959K
Lombard Odier Asset Management (Switzerland) SA 0.10% Add +50.7% 13,513 $952K
Roundview Capital LLC 0.07% Reduce -67.1% 13,292 $935K
Aspire Private Capital, LLC 0.24% Add +3.3% 13,278 $934K
Aspiriant, LLC 0.04% No change 13,072 $920K
Metis Global Partners, LLC 0.03% Add +3.9% 12,804 $902K
Cambridge Investment Research Advisors, Inc. 0.00% Reduce -2.6% 12,504 $880K
PCJ Investment Counsel Ltd. 0.35% Reduce -71.3% 11,910 $839K
ExodusPoint Capital Management, LP 0.01% New 11,900 $837K
Aviva PLC 0.00% Reduce -76.4% 11,845 $834K
Bridgefront Capital, LLC 0.34% New 11,719 $825K
GTS Securities LLC 0.02% Add +325.9% 11,474 $807K
Kendall Capital Management 0.27% Add +7.0% 11,390 $802K
Mercer Global Advisors Inc. 0.00% Add +3.6% 11,264 $793K
United Services Automobile Association 0.02% Reduce -5.7% 10,954 $772K
Cerity Partners LLC 0.00% Reduce -32.4% 10,700 $753K
Cullen Investment Group, LTD. 0.12% Reduce -0.4% 10,521 $740K
Sanders Morris Harris LLC 0.12% No change 10,250 $721K
CIBC Private Wealth Group LLC 0.00% Reduce -9.6% 9,681 $678K
UniSuper Management Pty Ltd 0.01% Add +66.7% 7,000 $675K
Lanark Financial, Inc. 0.06% Add +6.6% 9,585 $674K
Sumitomo Life Insurance Co. 0.02% New 9,466 $666K
Sumitomo Mitsui DS Asset Management Company, Ltd 0.01% New 9,466 $666K
Bessemer Group Inc. 0.00% Reduce -1.1% 9,170 $646K
Intech Investment Management LLC 0.01% No change 9,077 $639K
New England Research & Management, Inc. 0.30% Reduce -4.3% 8,999 $633K
Pathstone Holdings, LLC 0.00% Reduce -2.2% 8,890 $626K
Sumitomo Mitsui Trust Group, Inc. 0.00% Reduce -98.8% 8,601 $605K
MML Investors Services, LLC 0.00% Reduce -35.2% 8,590 $604K
Janney Montgomery Scott LLC 0.00% Reduce -95.2% 8,554 $602K
HighTower Advisors, LLC 0.00% Reduce -10.1% 8,503 $598K
Wellington Management Group LLP 0.00% Reduce -93.8% 8,469 $597K
Captrust Financial Advisors 0.00% Reduce -12.2% 8,450 $595K
Bailard, Inc. 0.02% New 8,317 $585K
Stratos Wealth Partners, LTD. 0.01% Add +7.0% 8,305 $584K
D.A. Davidson & Co. 0.01% Reduce -0.2% 8,233 $579K
AE Wealth Management LLC 0.01% Add +13.3% 8,193 $577K
Exencial Wealth Advisors, LLC 0.02% Reduce -8.8% 8,040 $566K
Signaturefd, LLC 0.01% Add +21.0% 7,934 $558K
Beverly Hills Private Wealth, LLC 0.12% Reduce -9.2% 7,887 $555K
Strategic Investment Advisors / MI 0.07% Reduce -3.9% 7,855 $553K
Probity Advisors, Inc. 0.11% Reduce -2.1% 7,835 $551K
Corient Private Wealth LP 0.00% Reduce -3.0% 7,565 $532K
Sigma Planning Corp 0.02% Add +0.8% 7,507 $528K
DAVENPORT & Co LLC 0.00% Reduce -6.5% 7,481 $526K
Legacy Wealth Asset Management, LLC 0.15% Add +3.6% 7,362 $518K
Cresset Asset Management, LLC 0.00% Add +4.7% 7,052 $500K
Threadgill Financial, LLC 0.23% New 7,106 $500K
Peapack Gladstone Financial Corp. 0.01% Reduce -2.7% 7,101 $500K
BKM Wealth Management, LLC 0.24% Add +21.7% 6,985 $498K
Qtron Investments LLC 0.07% No change 7,020 $495K
Spartan Fund Management Inc. 1.36% New 5,000 $482K
Vanguard Personalized Indexing Management, LLC 0.01% Reduce -4.9% 6,807 $479K
US Bancorp \de 0.00% Reduce -28.2% 6,711 $472K
Lebenthal Global Advisors, LLC 0.10% Reduce -3.6% 6,635 $467K
B. Riley Wealth Advisors, Inc. 0.01% Reduce -1.5% 6,260 $444K
Knollwood Investment Advisory, LLC 0.05% Add +90.2% 6,278 $442K
Elevation Point Wealth Partners, LLC 0.03% Add +0.6% 6,216 $437K
Hardy Reed LLC 0.04% New 6,203 $437K
Rhumbline Advisers 0.00% Reduce -12.9% 6,151 $433K
Simplex Trading, LLC 0.01% New 6,148 $432K
Credit Agricole S A 0.00% Add +883.3% 6,106 $430K
First Hawaiian Bank 0.01% Add +0.0% 6,056 $426K
Harbour Capital Advisors, LLC 0.10% Reduce -1.2% 5,790 $407K
Laird Norton Wetherby Wealth Management, LLC 0.02% Reduce -5.8% 5,712 $402K
TD Private Client Wealth LLC 0.01% Reduce -0.5% 5,693 $401K
Cigna Investments Inc. 0.07% No change 5,612 $396K
Shelton Capital Management 0.01% No change 5,559 $391K
Chase Investment Counsel Corp. 0.14% Add +7.8% 5,439 $382K
Tower Bridge Advisors 0.04% Reduce -2.8% 5,300 $373K
Diversified Trust Co. 0.01% New 5,255 $370K
Leonteq Securities AG 0.05% Add +29.4% 5,210 $367K
Choreo, LLC 0.01% New 5,047 $355K
Ritholtz Wealth Management 0.01% Reduce -0.8% 5,019 $353K
Letson Investment Management, Inc. 0.16% No change 4,999 $352K
Yousif Capital Management, LLC 0.00% No change 4,977 $350K
Principal Securities, Inc. 0.01% Add +51.2% 4,863 $342K
Raleigh Capital Management Inc. 0.14% Add +9.6% 4,813 $339K
Assenagon Asset Management S.A. 0.00% Reduce -4.4% 4,707 $332K
Waverly Advisors, LLC 0.01% No change 4,691 $330K
Sequoia Financial Advisors, LLC 0.00% Add +8.1% 4,683 $330K
Virtu Financial LLC 0.02% New 4,605 $324K
Wolverine Asset Management LLC 0.03% No change 4,565 $321K
Waldron Private Wealth LLC 0.01% Reduce -3.4% 4,512 $320K
Benjamin F. Edwards & Company, Inc. 0.01% Reduce -11.1% 4,522 $318K
C M Bidwell & Associates Ltd. 0.21% Reduce -0.1% 4,396 $309K
Argonautica Private Wealth Management, Inc. 0.11% Reduce -0.0% 4,377 $308K
Petrus Trust Company, LTA 0.03% New 4,348 $306K
Richard W. Paul & Associates, LLC 0.12% Reduce -1.2% 4,243 $299K
First Horizon Advisors, Inc. 0.01% Add +4.0% 4,158 $293K
Syon Capital LLC 0.03% Reduce -7.6% 4,120 $290K
Hilltop Holdings Inc. 0.03% Add +50.2% 4,034 $284K
MAI Capital Management 0.00% Add +1.4% 3,933 $277K
FSM Wealth Advisors, LLC 0.09% No change 3,912 $275K
AlTi Global, Inc. 0.01% No change 3,890 $274K
Shulman DeMeo Asset Management LLC 0.07% Reduce -1.6% 3,840 $270K
HighPoint Advisor Group LLC 0.02% Add +0.8% 3,795 $262K
Seelaus Asset Management LLC 0.27% New 3,560 $256K
DORCHESTER WEALTH MANAGEMENT Co 0.05% Reduce -4.7% 4,102 $254K
Harvest Portfolios Group Inc. 0.01% Reduce -7.7% 3,600 $254K
Readystate Asset Management LP 0.02% New 3,510 $247K
Dimension Capital Management LLC 0.05% No change 3,501 $246K
Synovus Financial Corp. 0.00% No change 3,478 $245K
SL Advisors, LLC 0.47% Reduce -5.9% 3,414 $240K
Cary Street Partners Investment Advisory LLC 0.01% Reduce -27.1% 3,346 $235K
&partners 0.01% New 3,325 $234K
Mgo One Seven LLC 0.01% Reduce -13.3% 3,218 $226K
Guggenheim Capital LLC 0.00% Reduce -6.9% 3,170 $223K
Guardian Capital Advisors LP 0.02% Reduce -47.9% 3,187 $221K
Tocqueville Asset Management L.P. 0.00% No change 3,138 $221K
Pinnacle Associates Ltd. 0.00% No change 3,135 $221K
SpiderRock Advisors, LLC 0.01% Add +4.6% 3,109 $219K
Wealth Enhancement Advisory Services, LLC 0.00% Add +2.9% 3,099 $218K
Bleakley Financial Group, LLC 0.01% Reduce -4.0% 3,072 $216K
Procyon Advisors, LLC 0.02% Reduce -0.5% 3,041 $214K
First Trust Direct Indexing L.P. 0.01% Add +0.4% 3,041 $214K
Forum Financial Management, LP 0.00% No change 3,033 $213K
Strategic Wealth Partners, Ltd. 0.02% Add +0.0% 3,030 $213K
HSBC Holdings PLC 0.00% Reduce -97.1% 2,994 $213K
Simplicity Wealth,LLC 0.00% Reduce -5.9% 3,003 $211K
HB Wealth Management, LLC 0.00% New 2,952 $208K
Integrated Wealth Concepts LLC 0.00% Reduce -19.6% 2,923 $206K
Coldstream Capital Management Inc. 0.01% No change 2,918 $205K
GeoWealth Management, LLC 0.01% Add +9.8% 2,875 $202K
Pacer Advisors, Inc. 0.00% Reduce -4.6% 2,712 $191K
SG Americas Securities, LLC 0.00% New 2,450 $172K
Caldwell Sutter Capital, Inc. 0.08% No change 2,391 $168K
Steward Partners Investment Advisory, LLC 0.00% Add +0.9% 2,315 $163K
NewEdge Advisors, LLC 0.00% Reduce -22.6% 2,274 $160K
Parallel Advisors, LLC 0.00% Reduce -2.6% 2,232 $157K
Cwm, LLC 0.00% Reduce -2.6% 2,223 $156K
Tower Research Capital LLC (TRC) 0.00% Reduce -65.7% 2,138 $151K
Stonehage Fleming Financial Services Holdings Ltd 0.00% No change 1,852 $130K
Huntington National Bank 0.00% Add +16.9% 1,849 $130K
Gulf International Bank (UK) Ltd 0.00% No change 1,854 $130K
AdvisorShares Investments LLC 0.02% No change 1,700 $119K
Quadrant Capital Group LLC 0.01% Reduce -1.3% 1,576 $111K
BNP Paribas Financial Markets 0.00% Add +33.3% 1,489 $105K
Grove Bank & Trust 0.01% Reduce -1.5% 1,229 $86K
Central Pacific Bank - Trust Division 0.01% No change 1,200 $84K
Mitsubishi UFJ Trust & Banking Corp 0.00% No change 1,081 $76K
Crewe Advisors LLC 0.01% Add +78.8% 1,071 $75K
GAMMA Investing LLC 0.01% Add +9.4% 1,050 $74K
Bay Harbor Wealth Management, LLC 0.02% Reduce -0.3% 995 $71K
S.A. Mason LLC 0.04% No change 1,000 $70K
Tompkins Financial Corp. 0.01% No change 1,000 $70K
Rosenberg Matthew Hamilton 0.02% No change 1,000 $70K
Cromwell Holdings LLC 0.04% — 923 $65K
Capital Analysts, LLC 0.00% No change 766 $54K
MassMutual Private Wealth & Trust, FSB 0.00% Add +12.0% 767 $54K
AdvisorNet Financial, Inc 0.00% Reduce -94.7% 751 $53K
Bartlett & Co. Wealth Management LLC 0.00% No change 698 $50K
Blue Trust, Inc. 0.00% Add +14.2% 620 $49K
Costello Asset Management, INC 0.03% Reduce -61.3% 600 $42K
Allworth Financial LP 0.00% Add +34.5% 550 $40K
Farmers & Merchants Investments Inc. 0.00% No change 557 $39K
Hazlett, Burt & Watson, Inc. 0.02% No change 555 $39K
Concourse Financial Group Securities, Inc. 0.00% Add +22.0% 544 $39K
Legend Financial Advisors, Inc. 0.03% No change 500 $35K
RFP Financial Group LLC 0.01% No change 500 $35K
Parkside Financial Bank & Trust 0.01% No change 500 $35K
Lindbrook Capital, LLC 0.00% Reduce -5.2% 497 $35K
City State Bank 0.01% No change 490 $34K
Janiczek Wealth Management, LLC 0.01% No change 485 $34K
Valley National Advisers Inc. 0.01% No change 495 $34K
GFS Advisors, LLC 0.01% New 14,101 $33K
Mather Group, Llc. 0.00% Add +13.0% 366 $29K
UMB Bank, n.a. 0.00% Add +1.3% 406 $29K
Oakworth Capital, Inc. 0.00% No change 385 $27K
Pacifica Partners Inc. 0.01% No change 370 $26K
First Financial Corp. 0.01% No change 350 $25K
Hartford Financial Management Inc. 0.01% Reduce -21.4% 330 $23K
Missouri Trust & Investment Co 0.01% No change 325 $23K
Fifth Third Bancorp 0.00% Reduce -38.7% 296 $21K
Continuum Advisory, LLC 0.00% No change 257 $18K
IFP Advisors, Inc 0.00% Add +5.4% 236 $17K
Global Retirement Partners, LLC 0.00% No change 236 $17K
Farther Finance Advisors, LLC 0.00% Add +128.4% 233 $16K
WASHINGTON TRUST Co 0.00% Reduce -3.4% 231 $16K
Larson Financial Group LLC 0.00% Reduce -0.4% 225 $16K
Cultivar Capital, Inc. 0.01% New 216 $15K
Hexagon Capital Partners LLC 0.00% Reduce -7.3% 216 $15K
Arrow Financial Corp 0.00% No change 216 $15K
GPS Wealth Strategies Group, LLC 0.00% No change 209 $15K
Smartleaf Asset Management LLC 0.00% Reduce -10.3% 209 $15K
Financial Management Professionals, Inc. 0.00% No change 204 $14K
Harbour Investments, Inc. 0.00% Add +12.1% 195 $14K
Householder Group Estate & Retirement Specialist, LLC 0.00% Add +5833.3% 178 $12K
Venturi Wealth Management, LLC 0.00% Add +31.3% 147 $10K
FinTrust Capital Advisors, LLC 0.00% No change 144 $10K
Indiana Trust & Investment Management Co 0.00% No change 134 $9K
Loring Wolcott & Coolidge Fiduciary Advisors LLP 0.00% New 125 $9K
Sound Income Strategies, LLC 0.00% No change 127 $9K
Avior Wealth Management, LLC 0.00% Reduce -78.8% 126 $9K
Hillsdale Investment Management Inc. 0.00% Reduce -99.9% 115 $8K
EverSource Wealth Advisors, LLC 0.00% Reduce -0.9% 113 $8K
Harbor Investment Advisory, LLC 0.00% No change 108 $8K
Spire Wealth Management 0.00% Add +19.3% 105 $7K
Creative Financial Designs Inc. 0.00% No change 104 $7K
Salem Investment Counselors Inc. 0.00% No change 100 $7K
Lynx Investment Advisory 0.00% — 93 $7K
Evermay Wealth Management LLC 0.00% No change 90 $6K
Tsfg, LLC 0.00% Reduce -94.0% 87 $6K
Jones Financial Companies LLLP 0.00% New 85 $6K
Financial Network Wealth Advisors LLC 0.00% New 80 $6K
NBT Bank, N.A. 0.00% No change 76 $5K
First Community Trust NA 0.00% No change 75 $5K
JFS Wealth Advisors, LLC 0.00% Reduce -5.2% 73 $5K
Ridgewood Investments LLC 0.00% New 71 $5K
Annis Gardner Whiting Capital Advisors, LLC 0.00% No change 69 $5K
Carolinas Wealth Consulting LLC 0.00% Add +41.7% 68 $5K
CoreCap Advisors, LLC 0.00% No change 63 $4K
MCF Advisors LLC 0.00% New 62 $4K
Whittier Trust Co. 0.00% New 50 $4K
Gold Investment Management Ltd. 0.00% No change 49 $3K
Bell Investment Advisors, Inc 0.00% Add +17.1% 48 $3K
VitalStone Financial, LLC 0.00% New 42 $3K
PFG Private Wealth Management, LLC 0.00% No change 42 $3K
Trust Co. of Vermont 0.00% New 41 $3K
Geneos Wealth Management Inc. 0.00% No change 41 $3K
Zions Bancorporation, N.A. 0.00% Add +675.0% 31 $2K
Farmers & Merchants Trust Co of Chambersburg PA 0.00% No change 31 $2K
Penserra Capital Management LLC 0.00% Add +12.5% 27 $2K
Sandy Spring Bank 0.00% No change 26 $2K
Frazier Financial Advisors, LLC 0.00% New 18 $1K
Cornerstone Planning Group LLC 0.00% New 14 $975
True Wealth Design, LLC 0.00% Add +44.4% 13 $915
Raffa Wealth Management, LLC 0.00% No change 11 $774
St Germain D J Co. Inc. 0.00% No change 10 $704
Fairman Group, LLC 0.00% No change 9 $639
ICA Group Wealth Management, LLC 0.00% No change 8 $563
IAG Wealth Partners, LLC 0.00% No change 6 $422
Quent Capital, LLC 0.00% No change 5 $352
Arax Advisory Partners 0.00% No change 1 $75
Tyler-Stone Wealth Management 0.00% No change 1 $70
Main Street Group, LTD 0.00% No change 1 $70
Rakuten Securities, Inc. 0.00% No change 1 $70
McClarren Financial Advisors, Inc. 0.00% Reduce -26.3% 70 $6

"% of holder's portfolio" is QSR's weight in each manager's 13F, not the share of Restaurant Brands Intern the manager owns.