Restaurant Brands InternQSR
13F holders, Q4 2024 (December 31)At the end of Q4 2024, 449 institutions reported holding Restaurant Brands Intern (QSR) in their 13F filings, down 14 from Q3 2024. 28 opened new positions and 53 sold out. The largest holders were Capital World Investors ($2.8B), Pershing Square ($1.5B) and Royal Bank of Canada ($1.3B). 9 famous investors held it, including Bill Ackman (11.8% of Pershing Square's portfolio), Seth Klarman (5.5% of Baupost Group's portfolio) and Daniel Sundheim (1.9% of D1 Capital Partners's portfolio).
- Company
- Restaurant Brands Intern
- CUSIP
- 76131D103
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2024 → Q4 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 28 | $38.7M |
| Exits | 53 | $196.3M |
All 13F filers, Q3 2024 → Q4 2024: 19,956,058 shares bought and 29,754,246 shares sold, net −9,798,188 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 449 holders
| Capital World Investors | 0.43% | Add +2.0% | 43,418,188 | $2.8B |
| Pershing Square | 11.84% | No change | 23,000,914 | $1.5B |
| Royal Bank of Canada | 0.27% | Reduce -7.6% | 19,365,900 | $1.3B |
| Vanguard Group Inc. | 0.01% | Add +3.3% | 13,165,498 | $858.1M |
| EdgePoint Investment Group Inc. | 6.60% | Add +26.6% | 12,819,570 | $834.5M |
| Capital Research Global Investors | 0.15% | Reduce -44.3% | 11,261,388 | $734.0M |
| Bank of Montreal | 0.33% | Add +15.8% | 10,004,822 | $651.3M |
| Goldman Sachs Group Inc. | 0.10% | Reduce -3.3% | 8,061,335 | $525.4M |
| FMR LLC | 0.03% | Reduce -7.6% | 7,147,089 | $465.8M |
| 1832 Asset Management L.P. | 0.78% | Reduce -2.6% | 6,670,524 | $434.8M |
| JARISLOWSKY, FRASER Ltd | 2.40% | Reduce -3.6% | 6,330,904 | $410.9M |
| Beutel, Goodman & Co Ltd. | 2.00% | Reduce -8.2% | 5,639,237 | $367.4M |
| Mackenzie Financial Corp. | 0.37% | Reduce -9.7% | 4,194,940 | $273.1M |
| Norges Bank | 0.03% | Add +1.7% | 4,066,730 | $264.8M |
| JPMorgan Chase & Co. | 0.02% | Reduce -27.2% | 4,045,916 | $263.7M |
| National Bank of Canada | 0.31% | Add +16.9% | 3,719,590 | $242.6M |
| Fiera Capital Corp | 0.76% | Reduce -1.3% | 3,695,647 | $240.6M |
| TD Asset Management Inc | 0.21% | Reduce -0.7% | 3,577,821 | $233.1M |
| Meritage Group LP | 5.13% | Add +5795.9% | 3,301,689 | $215.2M |
| CIBC Asset Management Inc | 0.64% | Add +0.1% | 2,971,299 | $194.7M |
| Canada Pension Plan Investment Board | 0.18% | Add +29.5% | 2,981,357 | $194.1M |
| Baupost Group | 5.53% | Add +10155.5% | 2,901,700 | $189.1M |
| Cibc World Market Inc. | 0.42% | Reduce -4.6% | 2,818,856 | $183.7M |
| Manufacturers Life Insurance Company, The | 0.15% | Reduce -32.8% | 2,588,908 | $168.9M |
| Canoe Financial LP | 2.14% | Reduce -0.6% | 2,016,082 | $131.3M |
| Morgan Stanley | 0.01% | Add +24.2% | 1,967,957 | $128.3M |
| Geode Capital Management, LLC | 0.01% | Add +33.9% | 1,847,805 | $123.1M |
| D1 Capital Partners | 1.92% | Add +33.0% | 1,768,419 | $115.3M |
| FIL Ltd | 0.11% | Reduce -38.6% | 1,747,306 | $113.9M |
| Dorsal Capital Management, LP | 3.33% | Reduce -10.5% | 1,700,000 | $110.8M |
| Scotia Capital Inc. | 0.53% | Add +1.6% | 1,544,713 | $100.5M |
| Legal & General Group Plc | 0.03% | Reduce 0.0% | 1,498,494 | $97.6M |
| Bank of New York Mellon Corp | 0.02% | Add +5.4% | 1,331,392 | $86.8M |
| Guardian Capital LP | 3.17% | Add +2.7% | 1,308,057 | $85.2M |
| Federation des caisses Desjardins du Quebec | 0.41% | Add +33.2% | 1,246,777 | $80.9M |
| Bank of Nova Scotia | 0.14% | Reduce -29.5% | 1,218,384 | $79.4M |
| Burgundy Asset Management Ltd. | 0.77% | Add +0.4% | 1,167,299 | $76.0M |
| Arrowstreet Capital, Limited Partnership | 0.06% | Add +165.3% | 1,148,850 | $74.8M |
| TD Waterhouse Canada Inc. | 0.60% | Add +0.1% | 1,149,760 | $74.7M |
| Bank of America Corp. | 0.01% | Reduce -14.9% | 1,101,914 | $71.8M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.42% | Add +967.0% | 1,087,542 | $70.8M |
| Citadel Advisors | 0.06% | Reduce -45.4% | 1,040,881 | $67.8M |
| Epoch Investment Partners, Inc. | 0.32% | Reduce -6.5% | 1,009,877 | $65.8M |
| Dimensional Fund Advisors LP | 0.02% | Add +25.1% | 974,868 | $63.5M |
| Aviso Financial Inc. | 3.10% | Add +4.1% | 942,022 | $61.4M |
| Toronto Dominion Bank | 0.12% | Add +8.1% | 934,208 | $60.8M |
| Alberta Investment Management Corp | 0.42% | Add +0.7% | 914,500 | $59.6M |
| Swiss National Bank | 0.04% | Reduce -1.8% | 892,630 | $58.2M |
| RDST Capital LLC | 7.33% | Add +14.4% | 793,339 | $51.7M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +5.7% | 747,862 | $48.7M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.19% | Reduce -70.7% | 645,959 | $42.0M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 3.06% | Add +5.7% | 645,072 | $42.0M |
| Intact Investment Management Inc. | 1.43% | Reduce -27.6% | 626,191 | $40.8M |
| Massachusetts Financial Services Co. | 0.01% | Reduce -3.1% | 597,347 | $38.9M |
| Continental Grain Co. | 12.47% | No change | 559,178 | $36.4M |
| Cidel Asset Management Inc. | 2.44% | Add +5.3% | 555,574 | $36.2M |
| GW&K Investment Management, LLC | 0.30% | Reduce -2.4% | 534,460 | $34.8M |
| Addenda Capital Inc. | 1.22% | Reduce -3.4% | 365,802 | $34.6M |
| UBS Group AG | 0.01% | Add +9.4% | 507,860 | $33.1M |
| Man Group plc | 0.10% | Add +282.8% | 507,022 | $33.0M |
| Envestnet Asset Management Inc. | 0.01% | Add +1.4% | 503,673 | $32.8M |
| Mufg Securities (canada), LTD. | 1.16% | Add +75.7% | 494,313 | $32.2M |
| Invesco Ltd. | 0.01% | Add +5.3% | 467,455 | $30.5M |
| Alta Capital Management LLC/ | 1.81% | Reduce -0.2% | 465,964 | $30.4M |
| Letko, Brosseau & Associates Inc. | 0.58% | Add +2.2% | 458,730 | $29.9M |
| Marshall Wace, LLP | 0.04% | Add +3356.6% | 447,035 | $29.1M |
| Janus Henderson Group PLC | 0.01% | Add +15.1% | 426,915 | $27.8M |
| Deutsche Bank AG | 0.01% | Add +7.5% | 417,889 | $27.2M |
| MIC Capital Management UK LLP | 3.56% | No change | 386,203 | $25.2M |
| Cannell & Spears LLC | 0.49% | Reduce -16.6% | 362,611 | $23.6M |
| Point72 Asset Management | 0.06% | Reduce -76.0% | 352,067 | $22.9M |
| Baskin Financial Services Inc. | 1.72% | Add +2.9% | 332,594 | $21.7M |
| Soroban Capital Partners LP | 0.26% | No change | 300,000 | $19.6M |
| Raymond James Financial Inc. | 0.01% | — | 295,236 | $19.2M |
| CANADA LIFE ASSURANCE Co | 0.03% | Add +3.4% | 294,126 | $19.1M |
| Galibier Capital Management Ltd. | 5.35% | Reduce -20.1% | 287,533 | $18.7M |
| Bank of Nova Scotia Trust Co. | 1.91% | Reduce -0.6% | 277,133 | $18.1M |
| Northern Trust Corp. | 0.00% | Add +68.0% | 266,880 | $17.4M |
| Nuveen Asset Management, LLC | 0.00% | Reduce -90.7% | 265,109 | $17.3M |
| Wells Fargo & Company | 0.00% | Add +3.9% | 263,640 | $17.2M |
| BlackRock, Inc. | 0.00% | Reduce -1.0% | 245,434 | $16.0M |
| Capital International Sarl | 0.37% | Add +16.5% | 244,694 | $15.9M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | 1.91% | Reduce -3.0% | 241,713 | $15.8M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -24.1% | 239,126 | $15.6M |
| Jane Street Group, LLC | 0.02% | Add +219.0% | 227,319 | $14.8M |
| Rockefeller Capital Management L.P. | 0.04% | Reduce -4.3% | 222,103 | $14.5M |
| Citigroup Inc. | 0.01% | Add +21.0% | 221,911 | $14.5M |
| Woodline Partners LP | 0.10% | Add +69.7% | 216,840 | $14.1M |
| Amundi | 0.00% | Reduce -38.8% | 209,518 | $13.1M |
| Squarepoint Ops LLC | 0.03% | New | 195,835 | $12.8M |
| Capital International Ltd. | 0.50% | Add +8.4% | 186,711 | $12.2M |
| State of Tennessee, Department of Treasury | 0.04% | Add +0.4% | 182,076 | $11.9M |
| Dana Investment Advisors, Inc. | 0.37% | Add +5.4% | 173,259 | $11.3M |
| JCP Investment Management, LLC | 6.54% | Add +8.0% | 169,883 | $11.1M |
| Walleye Capital LLC | 0.12% | Add +1220.4% | 169,008 | $11.0M |
| Arvest Bank Trust Division | 0.64% | Reduce -2.0% | 163,796 | $10.7M |
| Korea Investment CORP | 0.02% | Reduce -32.0% | 157,347 | $10.3M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.03% | Add +5.6% | 145,493 | $9.5M |
| Artemis Investment Management LLP | 0.13% | Reduce -34.9% | 141,132 | $9.2M |
| Capital International, Inc. | 0.11% | Add +10.6% | 137,354 | $9.0M |
"% of holder's portfolio" is QSR's weight in each manager's 13F, not the share of Restaurant Brands Intern the manager owns.