Restaurant Brands InternQSR
13F holders, Q1 2025 (March 31)458holders +9
70new positions
55sold out
8famous investors
$66.70avg. 13F price*
At the end of Q1 2025, 458 institutions reported holding Restaurant Brands Intern (QSR) in their 13F filings, up 9 from Q4 2024. 70 opened new positions and 55 sold out. The largest holders were Capital World Investors ($2.8B), Pershing Square ($1.5B) and Royal Bank of Canada ($1.5B). 8 famous investors held it, including Bill Ackman (12.8% of Pershing Square's portfolio), Seth Klarman (7.4% of Baupost Group's portfolio) and Ken Griffin (0.3% of Citadel Advisors's portfolio).
- Company
- Restaurant Brands Intern
- CUSIP
- 76131D103
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 70 | $477.9M |
| Exits | 55 | $182.0M |
All 13F filers, Q4 2024 → Q1 2025: 35,836,441 shares bought and 21,136,409 shares sold, net +14,700,032 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 458 holders
| Capital World Investors | 0.46% | Reduce -1.9% | 42,585,588 | $2.8B |
| Pershing Square | 12.85% | No change | 23,000,914 | $1.5B |
| Royal Bank of Canada | 0.34% | Add +16.8% | 22,626,635 | $1.5B |
| Vanguard Group Inc. | 0.02% | Add +7.6% | 14,169,061 | $944.5M |
| EdgePoint Investment Group Inc. | 7.42% | Add +7.0% | 13,715,604 | $914.5M |
| Bank of Montreal | 0.41% | Add +13.6% | 11,367,640 | $757.9M |
| Goldman Sachs Group Inc. | 0.10% | Add +0.6% | 8,108,527 | $540.4M |
| FMR LLC | 0.03% | Add +13.1% | 8,082,030 | $538.7M |
| 1832 Asset Management L.P. | 0.89% | Add +4.3% | 6,959,757 | $463.8M |
| JARISLOWSKY, FRASER Ltd | 2.60% | Reduce -1.7% | 6,225,039 | $414.9M |
| Beutel, Goodman & Co Ltd. | 2.23% | Add +2.8% | 5,798,567 | $386.5M |
| Capital Research Global Investors | 0.08% | Reduce -50.3% | 5,601,030 | $373.3M |
| FIL Ltd | 0.34% | Add +207.1% | 5,366,558 | $357.7M |
| Mackenzie Financial Corp. | 0.47% | Add +17.1% | 4,912,807 | $327.5M |
| TD Asset Management Inc | 0.28% | Add +29.4% | 4,631,461 | $308.7M |
| Fiera Capital Corp | 1.02% | Add +14.2% | 4,219,476 | $281.6M |
| Citadel Advisors | 0.28% | Add +304.7% | 4,212,323 | $280.7M |
| Norges Bank | 0.04% | Add +3.1% | 4,191,851 | $279.4M |
| National Bank of Canada | 0.31% | Add +6.8% | 3,971,981 | $263.2M |
| Baupost Group | 7.44% | Add +33.9% | 3,886,562 | $259.0M |
| Cibc World Market Inc. | 0.55% | Add +28.6% | 3,625,974 | $241.6M |
| Davis Selected Advisers | 1.30% | New | 3,372,511 | $224.7M |
| Meritage Group LP | 6.05% | No change | 3,301,689 | $220.0M |
| CIBC Asset Management Inc | 0.70% | Add +6.0% | 3,149,068 | $211.6M |
| Invesco Ltd. | 0.03% | Add +465.8% | 2,644,757 | $176.2M |
| Canoe Financial LP | 2.47% | Add +14.4% | 2,307,351 | $153.8M |
| Geode Capital Management, LLC | 0.01% | Add +9.2% | 2,018,356 | $136.0M |
| Morgan Stanley | 0.01% | Add +0.8% | 1,983,944 | $132.2M |
| Canada Pension Plan Investment Board | 0.12% | Reduce -38.8% | 1,825,581 | $121.6M |
| Bank of Nova Scotia | 0.25% | Add +37.0% | 1,668,748 | $111.3M |
| Burgundy Asset Management Ltd. | 1.10% | Add +36.4% | 1,592,502 | $106.3M |
| Legal & General Group Plc | 0.03% | Add +2.1% | 1,529,599 | $102.0M |
| Bank of America Corp. | 0.01% | Add +37.3% | 1,513,325 | $100.8M |
| JPMorgan Chase & Co. | 0.01% | Reduce -63.1% | 1,491,804 | $99.4M |
| Scotia Capital Inc. | 0.52% | Reduce -4.1% | 1,481,072 | $97.3M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.21% | New | 1,400,000 | $93.3M |
| Alberta Investment Management Corp | 0.66% | Add +51.1% | 1,381,830 | $92.1M |
| Federation des caisses Desjardins du Quebec | 0.45% | Add +11.9% | 1,394,711 | $91.6M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.39% | Add +107.3% | 1,339,123 | $89.3M |
| RDST Capital LLC | 11.55% | Add +53.6% | 1,218,664 | $81.2M |
| TD Waterhouse Canada Inc. | 0.66% | Add +5.0% | 1,207,582 | $80.3M |
| Manufacturers Life Insurance Company, The | 0.08% | Reduce -54.5% | 1,176,795 | $78.7M |
| Guardian Capital LP | 2.93% | Reduce -14.6% | 1,117,683 | $74.5M |
| Toronto Dominion Bank | 0.18% | Add +14.4% | 1,069,238 | $71.3M |
| Arrowstreet Capital, Limited Partnership | 0.06% | Reduce -7.5% | 1,062,061 | $70.8M |
| Dimensional Fund Advisors LP | 0.02% | Add +7.2% | 1,045,394 | $69.6M |
| Epoch Investment Partners, Inc. | 0.34% | Reduce -3.9% | 970,718 | $64.7M |
| Aviso Financial Inc. | 3.13% | Add +1.2% | 953,186 | $63.6M |
| Swiss National Bank | 0.04% | Reduce -1.9% | 875,330 | $58.4M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +2.2% | 764,104 | $50.9M |
| UBS Group AG | 0.01% | Add +49.6% | 759,636 | $50.6M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | Add +197.7% | 711,953 | $47.4M |
| Jane Street Group, LLC | 0.09% | Add +210.1% | 704,840 | $47.0M |
| Intact Investment Management Inc. | 1.60% | Add +12.1% | 701,691 | $46.8M |
| Cidel Asset Management Inc. | 2.85% | Add +17.9% | 654,957 | $43.7M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 3.07% | Reduce -3.7% | 621,300 | $41.4M |
| GW&K Investment Management, LLC | 0.38% | Add +14.3% | 610,713 | $40.7M |
| Massachusetts Financial Services Co. | 0.01% | Reduce -1.5% | 588,217 | $39.2M |
| Raymond James Financial Inc. | 0.01% | Add +91.0% | 563,747 | $37.6M |
| Continental Grain Co. | 10.74% | No change | 559,178 | $37.3M |
| Millennium Management | 0.03% | Add +1009.1% | 516,333 | $34.4M |
| Mufg Securities (canada), LTD. | 1.15% | Add +0.1% | 494,983 | $33.0M |
| Addenda Capital Inc. | 1.18% | Reduce -9.8% | 329,889 | $32.0M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -9.6% | 455,205 | $30.3M |
| River Road Asset Management, LLC | 0.41% | New | 453,236 | $30.2M |
| Letko, Brosseau & Associates Inc. | 0.64% | Reduce -1.5% | 451,905 | $30.1M |
| Janus Henderson Group PLC | 0.02% | Add +3.9% | 443,690 | $28.6M |
| Deutsche Bank AG | 0.01% | Reduce -0.1% | 417,652 | $27.8M |
| MIC Capital Management UK LLP | 5.24% | No change | 386,203 | $25.7M |
| Cannell & Spears LLC | 0.51% | Reduce -1.4% | 357,655 | $23.8M |
| Bank of New York Mellon Corp | 0.00% | Reduce -73.3% | 356,126 | $23.7M |
| Baskin Financial Services Inc. | 1.85% | Add +2.9% | 342,199 | $22.8M |
| Man Group plc | 0.07% | Reduce -33.1% | 339,216 | $22.6M |
| Northern Trust Corp. | 0.00% | Add +17.5% | 313,596 | $20.9M |
| Capital International Sarl | 0.47% | Add +27.6% | 312,196 | $20.8M |
| Soroban Capital Partners LP | 0.28% | No change | 300,000 | $20.0M |
| HRT Financial LP | 0.12% | New | 291,508 | $19.4M |
| Bank of Nova Scotia Trust Co. | 2.06% | Add +4.7% | 290,271 | $19.3M |
| CANADA LIFE ASSURANCE Co | 0.03% | Reduce -0.3% | 293,394 | $19.3M |
| Korea Investment CORP | 0.04% | Add +74.5% | 274,597 | $18.3M |
| Kodai Capital Management LP | 0.67% | New | 255,563 | $17.0M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | 2.16% | Add +5.6% | 255,340 | $17.0M |
| Nuveen, LLC | 0.00% | — | 241,446 | $16.1M |
| JCP Investment Management, LLC | 9.89% | Add +41.2% | 239,883 | $16.0M |
| BlackRock, Inc. | 0.00% | Reduce -4.0% | 235,744 | $15.7M |
| Amundi | 0.01% | Add +9.7% | 229,846 | $15.6M |
| Capital International Ltd. | 0.65% | Add +20.0% | 224,115 | $14.9M |
| Rockefeller Capital Management L.P. | 0.04% | Reduce -0.9% | 220,129 | $14.7M |
| Dana Investment Advisors, Inc. | 0.51% | Add +23.2% | 213,469 | $14.2M |
| Wells Fargo & Company | 0.00% | Reduce -20.3% | 210,159 | $14.0M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.07% | Reduce -83.4% | 180,382 | $12.0M |
| State of Tennessee, Department of Treasury | 0.05% | Reduce -1.1% | 179,975 | $12.0M |
| MUFG Securities EMEA plc | 0.30% | New | 119,999 | $11.5M |
| Capital International, Inc. | 0.14% | Add +24.4% | 170,869 | $11.4M |
| Galibier Capital Management Ltd. | 3.37% | Reduce -43.7% | 161,810 | $10.8M |
| Citigroup Inc. | 0.01% | Reduce -27.8% | 160,202 | $10.7M |
| Qube Research & Technologies Ltd | 0.02% | Add +151.9% | 155,520 | $10.4M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.03% | Add +4.7% | 152,349 | $10.2M |
| Murchinson Ltd. | 1.74% | New | 146,832 | $9.8M |
| Partners Capital Investment Group, LLP | 0.16% | Add +91.3% | 145,787 | $9.7M |
| Alta Capital Management LLC/ | 0.60% | Reduce -70.0% | 139,854 | $9.3M |
| Davidson Kempner Capital Management LP | 0.16% | New | 127,755 | $8.5M |
| Varma Mutual Pension Insurance Co | 0.07% | Reduce -7.9% | 122,929 | $8.2M |
| Verition Fund Management LLC | 0.05% | Add +5.1% | 120,992 | $8.1M |
| Simcoe Capital Management, LLC | 1.44% | New | 120,095 | $8.0M |
| Iridian Asset Management LLC | 2.42% | Add +7.3% | 115,870 | $7.7M |
| Pictet Asset Management Holding SA | 0.01% | Add +1.3% | 114,646 | $7.6M |
| Mn Services Vermogensbeheer B.V. | 0.06% | Reduce -7.3% | 107,400 | $7.2M |
| Primecap Management Co. | 0.01% | Reduce -9.3% | 98,240 | $6.5M |
| HSBC Holdings PLC | 0.00% | Reduce -20.7% | 97,088 | $6.5M |
| Aviva PLC | 0.02% | Add +13.6% | 96,830 | $6.5M |
| Northwest & Ethical Investments L.P. | 0.17% | Add +15.6% | 95,619 | $6.4M |
| D1 Capital Partners | 0.09% | Reduce -94.8% | 92,833 | $6.2M |
| Franklin Resources Inc. | 0.00% | Add +0.5% | 90,785 | $6.1M |
| Teachers Retirement System of the State of Kentucky | 0.05% | New | 86,700 | $5.8M |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +16.7% | 81,405 | $5.4M |
| Capricorn Fund Managers Ltd | 2.89% | New | 81,219 | $5.4M |
| Earnest Partners LLC | 0.03% | Reduce -3.4% | 80,517 | $5.4M |
| Russell Investments Group, Ltd. | 0.01% | Reduce -22.9% | 80,506 | $5.3M |
| Woodline Partners LP | 0.03% | Reduce -64.5% | 76,998 | $5.1M |
| Interval Partners, LP | 0.18% | New | 75,859 | $5.1M |
| Cadence Bank | 0.36% | Add +1.9% | 74,781 | $5.0M |
| Simplex Trading, LLC | 0.18% | Add +11.2% | 74,760 | $5.0M |
| AIA Group Ltd | 0.12% | Add +28.9% | 72,921 | $4.9M |
| Allspring Global Investments Holdings, LLC | 0.01% | Add +55.5% | 70,857 | $4.8M |
| Consolidated Capital Management, LLC | 1.95% | New | 70,570 | $4.7M |
| Forsta Ap-Fonden | 0.04% | Reduce -41.4% | 70,300 | $4.7M |
| Neuberger Berman Group LLC | 0.00% | Reduce -46.9% | 69,882 | $4.7M |
| Novare Capital Management LLC | 0.41% | Reduce -10.3% | 69,603 | $4.6M |
| Tidal Investments LLC | 0.04% | Reduce -14.2% | 67,708 | $4.5M |
| Cullen/Frost Bankers, Inc. | 0.06% | Add +375772.2% | 67,657 | $4.5M |
| Lansforsakringar Fondforvaltning AB (publ) | 0.03% | Reduce -49.2% | 67,510 | $4.5M |
| Louisbourg Investments Inc. | 1.21% | Reduce -6.5% | 66,669 | $4.4M |
| Journey Advisory Group, LLC | 0.34% | New | 63,147 | $4.2M |
| Marshall Wace, LLP | 0.01% | Reduce -86.3% | 61,358 | $4.1M |
| Susquehanna International Group, LLP | 0.01% | Reduce -11.7% | 60,752 | $4.0M |
| Creative Planning | 0.00% | Reduce -2.8% | 59,466 | $4.0M |
| AXA S.A. | 0.01% | Reduce -0.1% | 58,074 | $3.9M |
| Boothbay Fund Management, LLC | 0.13% | New | 55,054 | $3.7M |
| American Century Companies Inc. | 0.00% | Add +26.8% | 54,964 | $3.7M |
| Public Employees Retirement System of Ohio | 0.01% | Reduce -0.3% | 53,711 | $3.6M |
| LPL Financial LLC | 0.00% | Reduce -29.5% | 52,998 | $3.5M |
| Natixis Advisors, LLC | 0.01% | Reduce -1.2% | 51,591 | $3.4M |
| Inkwell Capital LLC | 3.75% | Reduce -0.6% | 51,416 | $3.4M |
| Schonfeld Strategic Advisors LLC | 0.02% | New | 50,918 | $3.4M |
| Asset Management One Co., Ltd. | 0.01% | No change | 47,415 | $3.2M |
| Wolverine Trading, LLC | 0.10% | Add +38.1% | 48,408 | $3.1M |
| Barclays PLC | 0.00% | Reduce -9.1% | 46,667 | $3.1M |
| Harvest Portfolios Group Inc. | 0.09% | Add +1.5% | 45,293 | $3.0M |
| Skandinaviska Enskilda Banken AB (publ) | 0.01% | Add +13.4% | 44,864 | $3.0M |
| Gateway Investment Advisers LLC | 0.03% | Add +1.3% | 44,216 | $2.9M |
| Capital Group Investment Management Pte. LTD. | 0.57% | Add +6.5% | 42,242 | $2.8M |
| Founders Capital Management, LLC | 0.52% | No change | 41,934 | $2.8M |
| DekaBank Deutsche Girozentrale | 0.01% | Reduce -1.2% | 41,821 | $2.7M |
| Cetera Investment Advisers | 0.01% | Add +32.0% | 39,911 | $2.7M |
| Allianz Asset Management GmbH | 0.00% | Add +35.9% | 27,967 | $2.6M |
| Stifel Financial Corp. | 0.00% | Add +123.0% | 39,108 | $2.6M |
| Walleye Trading LLC | 0.07% | Reduce -70.6% | 38,369 | $2.6M |
| Quartz Partners, LLC | 1.50% | Add +327.3% | 37,042 | $2.5M |
| Alliancebernstein L.P. | 0.00% | Reduce -35.3% | 36,078 | $2.4M |
| Nichols & Pratt Advisers LLP | 0.16% | Add +33.2% | 35,868 | $2.4M |
| Utah Retirement Systems | 0.03% | No change | 35,801 | $2.4M |
| Truist Financial Corp. | 0.00% | Reduce -13.5% | 34,960 | $2.3M |
| Ameriprise Financial Inc. | 0.00% | Reduce -52.5% | 31,834 | $2.3M |
| Quantinno Capital Management LP | 0.01% | Reduce -14.9% | 33,757 | $2.2M |
| Macquarie Group Ltd. | 0.00% | New | 23,238 | $2.2M |
| Seascape Capital Management | 0.77% | Reduce -1.9% | 32,924 | $2.2M |
| Onex Canada Asset Management Inc. | 0.27% | Reduce -25.5% | 31,623 | $2.1M |
| State Street Corp. | 0.00% | No change | 31,296 | $2.1M |
| Public Sector Pension Investment Board | 0.01% | Add +1.0% | 31,345 | $2.1M |
| Arkadios Wealth Advisors | 0.08% | New | 30,461 | $2.0M |
| Waverly Advisors, LLC | 0.02% | Add +436.9% | 30,096 | $2.0M |
| Commonwealth Equity Services, LLC | 0.00% | Add +5.2% | 29,602 | $2.0M |
| Oppenheimer & Co. Inc. | 0.03% | Reduce -9.7% | 29,387 | $2.0M |
| Tower Research Capital LLC (TRC) | 0.06% | Add +631.5% | 29,303 | $2.0M |
| Avanza Fonder AB | 0.06% | No change | 19,926 | $1.9M |
| Assetmark, Inc. | 0.01% | Add +6.0% | 28,411 | $1.9M |
| USS Investment Management Ltd | 0.01% | No change | 28,149 | $1.9M |
| CIBC Private Wealth Group LLC | 0.00% | Add +7.9% | 29,815 | $1.8M |
| Corient Private Wealth LP | 0.00% | Add +31.0% | 26,817 | $1.8M |
| Savoir Faire Capital Management, L.P. | 1.55% | Reduce -55.5% | 26,535 | $1.8M |
| Bennett Selby Investments LP | 0.69% | Add +0.1% | 26,015 | $1.7M |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +4.1% | 25,655 | $1.7M |
| Gulf International Bank (UK) Ltd | 0.06% | Add +2758.6% | 17,666 | $1.7M |
| Cerity Partners LLC | 0.00% | Add +72.5% | 25,181 | $1.7M |
| Holocene Advisors, LP | 0.00% | Add +235.6% | 25,053 | $1.7M |
| Callahan Advisors, LLC | 0.16% | No change | 25,030 | $1.7M |
| M&T Bank Corp | 0.01% | Reduce -3.6% | 24,202 | $1.6M |
| Orion Porfolio Solutions, LLC | 0.02% | Add +27.7% | 23,502 | $1.6M |
| Orion Portfolio Solutions, LLC | 0.02% | Add +27.7% | 23,502 | $1.6M |
| Moloney Securities Asset Management, LLC | 0.21% | Add +3.1% | 23,269 | $1.6M |
| Bridgewater Associates | 0.01% | Reduce -61.7% | 23,166 | $1.5M |
| Royal Fund Management, LLC | 0.18% | Add +9.5% | 23,130 | $1.5M |
| Squarepoint Ops LLC | 0.00% | Reduce -88.2% | 23,092 | $1.5M |
| Lombard Odier Asset Management (Switzerland) SA | 0.09% | Reduce -0.3% | 11,041 | $1.5M |
| Swiss Life Asset Management Ltd | 0.01% | Add +19.1% | 22,065 | $1.5M |
| Aspire Private Capital, LLC | 0.36% | Add +35.3% | 21,789 | $1.5M |
| Hutner Capital Management Inc. | 0.62% | Reduce -9.9% | 21,660 | $1.4M |
| Investment Management Corp of Ontario | 0.03% | Add +64.1% | 20,738 | $1.4M |
| Fiduciary Trust Co | 0.02% | New | 20,689 | $1.4M |
| Lee Financial Co | 0.21% | Add +3.1% | 20,319 | $1.4M |
| HighVista Strategies LLC | 0.52% | New | 20,300 | $1.4M |
| Campbell & CO Investment Adviser LLC | 0.10% | New | 19,818 | $1.3M |
| Mariner, LLC | 0.00% | Add +19.1% | 19,700 | $1.3M |
| Wellington Management Group LLP | 0.00% | Add +13.3% | 19,185 | $1.3M |
| Hudson Portfolio Management LLC | 1.22% | Reduce -0.5% | 19,142 | $1.3M |
| First Manhattan Co. Llc. | 0.00% | Add +2.2% | 18,919 | $1.3M |
| Sei Investments Co. | 0.00% | Reduce -0.7% | 18,173 | $1.2M |
| Crossmark Global Holdings, Inc. | 0.02% | Reduce -0.1% | 17,706 | $1.2M |
| Alerus Financial NA | 0.09% | Reduce -81.7% | 17,599 | $1.2M |
| Ossiam | 0.02% | Reduce -4.9% | 16,887 | $1.1M |
| Fiduciary Family Office, LLC | 0.37% | New | 16,668 | $1.1M |
| Boston Partners | 0.00% | Reduce -61.0% | 19,872 | $1.1M |
| Dock Street Asset Management Inc. | 0.13% | New | 16,332 | $1.1M |
| Braun Stacey Associates Inc. | 0.04% | No change | 16,250 | $1.1M |
| Royal London Asset Management Ltd. | 0.00% | New | 16,189 | $1.1M |
| Redwood Investment Management, LLC | 0.11% | Reduce -56.7% | 15,794 | $1.1M |
| Banco Santander, S.A. | 0.01% | Add +31.9% | 15,308 | $1.0M |
| Leonteq Securities AG | 0.07% | Reduce -20.3% | 14,653 | $977K |
| Capital Fund Management S.A. | 0.01% | Reduce -31.0% | 14,453 | $963K |
| Pathstone Holdings, LLC | 0.00% | Add +65.2% | 14,382 | $958K |
| &partners | 0.01% | Add +146.7% | 14,355 | $956K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -3.6% | 14,281 | $952K |
| Waterfront Wealth Inc. | 0.23% | Add +0.1% | 14,049 | $936K |
| Osaic Holdings, Inc. | 0.00% | Reduce -5.2% | 13,997 | $934K |
| ASR Vermogensbeheer N.V. | 0.01% | — | 13,364 | $891K |
| Aspiriant, LLC | 0.03% | Add +0.0% | 13,085 | $872K |
| Quadrant Capital Group LLC | 0.03% | Add +715.8% | 12,938 | $862K |
| Engineers Gate Manager LP | 0.01% | Add +154.0% | 12,896 | $859K |
| Bayesian Capital Management, LP | 0.14% | New | 12,600 | $840K |
| Townsquare Capital LLC | 0.01% | Reduce -52.5% | 12,089 | $806K |
| Metis Global Partners, LLC | 0.02% | Reduce -7.9% | 11,913 | $794K |
| Mercer Global Advisors Inc. | 0.00% | Add +4.9% | 11,640 | $776K |
| GWN Securities Inc. | 0.04% | New | 11,399 | $775K |
| Kendall Capital Management | 0.23% | Reduce -3.2% | 11,620 | $774K |
| Gotham Asset Management | 0.01% | New | 11,528 | $768K |
| Lanark Financial, Inc. | 0.07% | — | 11,484 | $765K |
| Generali Asset Management SPA SGR | 0.02% | Reduce -14.5% | 7,685 | $737K |
| O'shaughnessy Asset Management, LLC | 0.01% | Reduce -80.4% | 10,880 | $725K |
| OneDigital Investment Advisors LLC | 0.01% | New | 10,818 | $721K |
| Kestra Advisory Services, LLC | 0.00% | Reduce -2.9% | 10,630 | $708K |
| Sanders Morris Harris LLC | 0.11% | No change | 10,250 | $688K |
| SIG North Trading, ULC | 0.14% | Reduce -45.8% | 10,199 | $680K |
| Captrust Financial Advisors | 0.00% | Add +15.9% | 10,102 | $673K |
| Vanguard Personalized Indexing Management, LLC | 0.01% | Add +28.4% | 10,091 | $672K |
| AE Wealth Management LLC | 0.01% | Add +22.2% | 9,860 | $657K |
| United Services Automobile Association | 0.02% | New | 10,034 | $648K |
| BKM Wealth Management, LLC | 0.26% | Add +12.6% | 9,392 | $626K |
| Sumitomo Life Insurance Co. | 0.02% | Add +1.4% | 9,173 | $611K |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 0.01% | Add +1.4% | 9,173 | $611K |
| Principal Securities, Inc. | 0.01% | Add +0.1% | 9,149 | $596K |
| Cullen Investment Group, LTD. | 0.09% | Reduce -9.2% | 8,938 | $596K |
| Fox Run Management, L.L.C. | 0.09% | New | 8,833 | $589K |
| Arrowpoint Investment Partners (Singapore) Pte. Ltd. | 0.27% | New | 8,755 | $583K |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Reduce -23.6% | 8,599 | $573K |
| UniSuper Management Pty Ltd | 0.00% | No change | 5,900 | $566K |
| Wolverine Asset Management LLC | 0.04% | Add +31.6% | 8,407 | $560K |
| D.A. Davidson & Co. | 0.00% | Reduce -1.4% | 8,295 | $553K |
| Strategic Investment Advisors / MI | 0.06% | Add +21.3% | 8,180 | $545K |
| Intech Investment Management LLC | 0.01% | Add +79.3% | 8,146 | $543K |
| US Bancorp \de | 0.00% | Add +50.1% | 8,045 | $536K |
| New England Research & Management, Inc. | 0.27% | Reduce -3.6% | 8,049 | $536K |
| Tacita Capital Inc | 0.38% | Add +10.2% | 7,991 | $533K |
| HB Wealth Management, LLC | 0.00% | New | 7,887 | $526K |
| Roundview Capital LLC | 0.04% | Reduce -38.5% | 7,844 | $523K |
| Signaturefd, LLC | 0.01% | Add +17.1% | 7,828 | $522K |
| MML Investors Services, LLC | 0.00% | Reduce -18.1% | 7,665 | $511K |
| Brevan Howard Capital Management LP | 0.01% | New | 7,667 | $511K |
| Legacy Wealth Asset Management, LLC | 0.14% | Add +0.9% | 7,543 | $503K |
| Lebenthal Global Advisors, LLC | 0.09% | Add +1.6% | 7,151 | $477K |
| Probity Advisors, Inc. | 0.09% | Reduce -1.7% | 7,145 | $476K |
| Exencial Wealth Advisors, LLC | 0.02% | Reduce -0.8% | 7,068 | $471K |
| Burney Co./ | 0.02% | Reduce -48.2% | 6,944 | $463K |
| Raleigh Capital Management Inc. | 0.20% | Add +30.1% | 6,786 | $452K |
| Jump Financial, LLC | 0.01% | New | 6,488 | $432K |
| Knollwood Investment Advisory, LLC | 0.05% | No change | 6,278 | $418K |
| Guardian Partners Inc. | 0.04% | Add +41.8% | 6,790 | $411K |
| Stratos Wealth Partners, LTD. | 0.01% | Reduce -35.9% | 6,155 | $410K |
| Walleye Capital LLC | 0.01% | Reduce -96.5% | 5,997 | $400K |
| Prospera Financial Services Inc | 0.01% | New | 5,968 | $398K |
| Benjamin Edwards Inc. | 0.01% | Reduce -2.0% | 5,946 | $396K |
| Beverly Hills Private Wealth, LLC | 0.08% | Reduce -3.8% | 5,930 | $395K |
| Janney Montgomery Scott LLC | 0.00% | Add +8.7% | 5,889 | $392K |
| Credit Agricole S A | 0.00% | Reduce -2.7% | 5,855 | $390K |
| Sequoia Financial Advisors, LLC | 0.00% | Add +15.9% | 5,679 | $378K |
| Rhumbline Advisers | 0.00% | Reduce -8.5% | 5,667 | $378K |
| Gagnon Securities LLC | 0.08% | New | 5,658 | $377K |
| Oxford Asset Management LLP | 0.17% | Reduce -15.6% | 5,652 | $377K |
| TD Private Client Wealth LLC | 0.01% | Reduce -0.3% | 5,579 | $372K |
| Shelton Capital Management | 0.01% | No change | 5,559 | $370K |
| Cigna Investments Inc. | 0.07% | Reduce -0.2% | 5,511 | $367K |
| Asahi Life Asset Management Co., LTD. | 0.24% | New | 5,480 | $365K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Reduce -62.1% | 5,346 | $356K |
| Wilmington Savings Fund Society, FSB | 0.01% | Reduce -0.3% | 5,235 | $349K |
| Argonautica Private Wealth Management, Inc. | 0.12% | Add +14.8% | 5,091 | $339K |
| Thoroughbred Financial Services, LLC | 0.02% | New | 5,092 | $339K |
| Cresset Asset Management, LLC | 0.00% | Add +15.7% | 5,040 | $339K |
| Richard W. Paul & Associates, LLC | 0.13% | Add +28.7% | 5,075 | $338K |
| Advisor Resource Council | 0.03% | New | 4,992 | $333K |
| Philip James Wealth Mangement, LLC | 0.04% | Reduce -9.8% | 4,963 | $331K |
| Advisors Asset Management, Inc. | 0.01% | Reduce -32.6% | 4,954 | $330K |
| Ritholtz Wealth Management | 0.01% | Reduce -2.7% | 4,809 | $320K |
| Atria Investments, Inc | 0.00% | New | 4,685 | $312K |
| Chase Investment Counsel Corp. | 0.11% | Reduce -0.5% | 4,628 | $308K |
| MAI Capital Management | 0.00% | No change | 4,415 | $294K |
| Harbour Capital Advisors, LLC | 0.07% | Reduce -8.5% | 4,290 | $291K |
| MQS Management LLC | 0.17% | New | 4,364 | $291K |
| Sigma Planning Corp | 0.01% | Reduce -20.7% | 4,352 | $290K |
| Syon Capital LLC | 0.02% | Add +3.8% | 4,249 | $283K |
| Waldron Private Wealth LLC | 0.01% | Reduce -9.3% | 4,150 | $279K |
| FSM Wealth Advisors, LLC | 0.06% | Add +0.1% | 3,928 | $262K |
| Cumberland Partners Ltd | 0.02% | New | 3,900 | $260K |
| Private Advisor Group, LLC | 0.00% | Add +0.5% | 3,848 | $256K |
| Concurrent Investment Advisors, LLC | 0.01% | Reduce -14.8% | 3,827 | $255K |
| Cutter & CO Brokerage, Inc. | 0.06% | New | 3,751 | $250K |
| Perbak Capital Partners LLP | 0.18% | Reduce -85.7% | 3,687 | $246K |
| First Trust Advisors LP | 0.00% | Reduce -92.0% | 3,656 | $244K |
| DAVENPORT & Co LLC | 0.00% | Reduce -38.9% | 3,593 | $239K |
| Aigen Investment Management, LP | 0.04% | Reduce -64.7% | 3,576 | $238K |
| AQR Capital Management | 0.00% | New | 3,552 | $237K |
| Robertson Stephens Wealth Management, LLC | 0.01% | Reduce -7.1% | 3,490 | $235K |
| Dimension Capital Management LLC | 0.04% | No change | 3,501 | $233K |
| Synovus Financial Corp. | 0.00% | No change | 3,478 | $232K |
| Oppenheimer Asset Management Inc. | 0.00% | New | 3,407 | $227K |
| Hantz Financial Services, Inc. | 0.00% | Reduce -81.0% | 3,389 | $226K |
| Yousif Capital Management, LLC | 0.00% | Reduce -29.5% | 3,378 | $225K |
| HighTower Advisors, LLC | 0.00% | Reduce -53.0% | 3,292 | $219K |
| Jefferies Financial Group Inc. | 0.00% | New | 3,235 | $216K |
| Phillips Wealth Planners LLC | 0.23% | New | 3,412 | $215K |
| Sowell Financial Services LLC | 0.01% | New | 3,093 | $206K |
| GeoWealth Management, LLC | 0.01% | Add +24.1% | 3,087 | $206K |
| Avantax Advisory Services, Inc. | 0.00% | New | 3,056 | $204K |
| Procyon Advisors, LLC | 0.01% | New | 3,041 | $203K |
| Pacer Advisors, Inc. | 0.00% | Add +2.9% | 2,902 | $193K |
| SG Americas Securities, LLC | 0.00% | New | 2,774 | $185K |
| Versant Capital Management, Inc | 0.03% | New | 2,405 | $160K |
| Parallel Advisors, LLC | 0.00% | Add +20.8% | 2,374 | $158K |
| Jones Financial Companies LLLP | 0.00% | Reduce -40.7% | 2,224 | $143K |
| Natixis | 0.00% | Add +116.9% | 2,108 | $141K |
| Caldwell Sutter Capital, Inc. | 0.07% | Reduce -10.4% | 2,111 | $141K |
| First Horizon Advisors, Inc. | 0.00% | Reduce -51.4% | 1,915 | $128K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -15.9% | 1,908 | $127K |
| Park Square Financial Group, LLC | 0.10% | Add +51.8% | 1,896 | $126K |
| Byrne Asset Management LLC | 0.11% | Add +0.8% | 1,855 | $124K |
| NewEdge Advisors, LLC | 0.00% | Reduce -3.8% | 1,844 | $123K |
| Cwm, LLC | 0.00% | Reduce -4.7% | 1,806 | $120K |
| BNP Paribas Financial Markets | 0.00% | Reduce -32.4% | 1,551 | $103K |
| Bank Julius Baer & Co. Ltd, Zurich | 0.00% | New | 1,528 | $102K |
| Coldstream Capital Management Inc. | 0.00% | New | 1,452 | $97K |
| Allworth Financial LP | 0.00% | Reduce -12.8% | 1,527 | $96K |
| Acadian Asset Management LLC | 0.00% | Reduce -86.9% | 1,400 | $92K |
| GAMMA Investing LLC | 0.01% | Reduce -16.4% | 1,369 | $91K |
| Stonehage Fleming Financial Services Holdings Ltd | 0.00% | Reduce -29.8% | 1,300 | $87K |
| Bay Harbor Wealth Management, LLC | 0.03% | Add +30.1% | 1,278 | $86K |
| Cromwell Holdings LLC | 0.05% | Add +41.2% | 1,159 | $77K |
| Crewe Advisors LLC | 0.01% | Reduce -5.1% | 1,070 | $71K |
| Grove Bank & Trust | 0.01% | Reduce -6.8% | 1,063 | $71K |
| Huntington National Bank | 0.00% | Reduce -31.1% | 1,033 | $69K |
| S.A. Mason LLC | 0.04% | No change | 1,000 | $67K |
| Rosenberg Matthew Hamilton | 0.02% | No change | 1,000 | $67K |
| Farther Finance Advisors, LLC | 0.00% | Add +76.8% | 992 | $67K |
| Capital Analysts, LLC | 0.00% | No change | 952 | $63K |
| Pension & Wealth Management Advisors, Inc. | 0.02% | Add +12.7% | 915 | $61K |
| Bessemer Group Inc. | 0.00% | Add +113.6% | 895 | $60K |
| Caitong International Asset Management Co., Ltd | 0.04% | Add +84.5% | 860 | $57K |
| Plato Investment Management Ltd | 0.00% | No change | 849 | $57K |
| SVB Wealth LLC | 0.00% | New | 834 | $56K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Reduce -39.4% | 803 | $54K |
| Larson Financial Group LLC | 0.00% | Add +438.6% | 781 | $52K |
| Bogart Wealth, LLC | 0.00% | No change | 772 | $51K |
| Lindbrook Capital, LLC | 0.00% | Add +63.4% | 760 | $51K |
| Pflug Koory, LLC | 0.03% | No change | 716 | $48K |
| Bartlett & Co. Wealth Management LLC | 0.00% | Reduce -9.0% | 635 | $43K |
| IFP Advisors, Inc | 0.00% | Add +0.5% | 639 | $43K |
| AdvisorNet Financial, Inc | 0.00% | Reduce -19.6% | 578 | $39K |
| Hazlett, Burt & Watson, Inc. | 0.02% | No change | 555 | $37K |
| SBI Securities Co., Ltd. | 0.00% | Add +10.7% | 547 | $36K |
| Blue Trust, Inc. | 0.00% | No change | 543 | $36K |
| Smartleaf Asset Management LLC | 0.00% | Add +91.2% | 545 | $35K |
| Private Trust Co. NA | 0.00% | Add +96.6% | 519 | $35K |
| Evelyn Partners Investment Management Services Ltd | 0.01% | No change | 500 | $33K |
| Parkside Financial Bank & Trust | 0.00% | No change | 500 | $33K |
| City State Bank | 0.01% | No change | 490 | $33K |
| Valley National Advisers Inc. | 0.01% | No change | 495 | $32K |
| Hartford Financial Management Inc. | 0.01% | No change | 455 | $30K |
| Hexagon Capital Partners LLC | 0.01% | Add +25.5% | 453 | $30K |
| UMB Bank, n.a. | 0.00% | No change | 406 | $27K |
| HM Payson & Co. | 0.00% | New | 386 | $26K |
| Towarzystwo Funduszy Inwestycyjnych Pzu SA | 0.01% | No change | 380 | $25K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +60.6% | 379 | $25K |
| Mather Group, Llc. | 0.00% | No change | 324 | $22K |
| Citizens National Bank Trust Department | 0.00% | New | 300 | $20K |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 261 | $17K |
| Continuum Advisory, LLC | 0.00% | Reduce -6.9% | 257 | $17K |
| Pacifica Partners Inc. | 0.01% | Reduce -33.8% | 245 | $16K |
| GPS Wealth Strategies Group, LLC | 0.00% | No change | 209 | $14K |
| Harbour Investments, Inc. | 0.00% | Add +1.0% | 197 | $13K |
| Ogorek Anthony Joseph /NY/ | 0.00% | No change | 185 | $12K |
| Sound Income Strategies, LLC | 0.00% | No change | 177 | $12K |
| Mechanics Financial Corp | 0.01% | New | 174 | $12K |
| Hillsdale Investment Management Inc. | 0.00% | Add +47.8% | 170 | $11K |
| Fortitude Family Office, LLC | 0.00% | Reduce -39.8% | 162 | $11K |
| WASHINGTON TRUST Co | 0.00% | No change | 150 | $10K |
| CoreCap Advisors, LLC | 0.00% | Add +123.8% | 141 | $9K |
| Park Place Capital Corp | 0.00% | New | 139 | $9K |
| Quest 10 Wealth Builders, Inc. | 0.01% | Add +32.0% | 132 | $9K |
| Indiana Trust & Investment Management Co | 0.00% | No change | 127 | $8K |
| Fifth Third Bancorp | 0.00% | Add +7.6% | 127 | $8K |
| Golden State Wealth Management, LLC | 0.00% | Reduce -52.3% | 123 | $8K |
| Wealth Preservation Advisors, LLC | 0.01% | — | 122 | $8K |
| Geneos Wealth Management Inc. | 0.00% | No change | 113 | $8K |
| Financial Management Professionals, Inc. | 0.00% | No change | 108 | $7K |
| Harbor Investment Advisory, LLC | 0.00% | No change | 108 | $7K |
| Marshall Investment Management, LLC | 0.00% | New | 105 | $7K |
| Spire Wealth Management | 0.00% | No change | 105 | $7K |
| Creative Financial Designs Inc. | 0.00% | No change | 104 | $7K |
| Salem Investment Counselors Inc. | 0.00% | No change | 100 | $7K |
| Cedar Mountain Advisors, LLC | 0.00% | New | 96 | $6K |
| McClarren Financial Advisors, Inc. | 0.00% | No change | 94 | $6K |
| Compass Planning Associates Inc | 0.01% | No change | 82 | $5K |
| Addison Advisors LLC | 0.00% | New | 80 | $5K |
| NBT Bank, N.A. | 0.00% | No change | 76 | $5K |
| First Community Trust NA | 0.00% | No change | 75 | $5K |
| Carolinas Wealth Consulting LLC | 0.00% | Add +8.8% | 74 | $5K |
| JFS Wealth Advisors, LLC | 0.00% | No change | 73 | $5K |
| Ravenstone Capital Management Inc. | 0.00% | New | 72 | $5K |
| Avalon Trust Co | 0.00% | New | 72 | $5K |
| Ridgewood Investments LLC | 0.00% | No change | 70 | $5K |
| Tsfg, LLC | 0.00% | Add +1.7% | 60 | $4K |
| Whipplewood Advisors, LLC | 0.00% | Add +57.9% | 90 | $4K |
| Nalls Sherbakoff Group, LLC | 0.00% | — | 54 | $4K |
| Bell Investment Advisors, Inc | 0.00% | Add +39.5% | 53 | $4K |
| St Germain D J Co. Inc. | 0.00% | Add +430.0% | 53 | $4K |
| JCIC Asset Management Inc. | 0.00% | No change | 52 | $3K |
| Gold Investment Management Ltd. | 0.00% | No change | 49 | $3K |
| CX Institutional | 0.00% | New | 50 | $3K |
| PFG Private Wealth Management, LLC | 0.00% | No change | 42 | $3K |
| Hughes Financial Services, LLC | 0.00% | New | 37 | $2K |
| Sierra Ocean, LLC | 0.00% | Reduce -26.5% | 36 | $2K |
| Farmers & Merchants Trust Co of Chambersburg PA | 0.00% | No change | 31 | $2K |
| Asset Dedication, LLC | 0.00% | Add +30.4% | 30 | $2K |
| NewSquare Capital LLC | 0.00% | New | 29 | $2K |
| Rossby Financial, LCC | 0.00% | New | 24 | $2K |
| Millstone Evans Group, LLC | 0.00% | No change | 18 | $1K |
| Nova Wealth Management, Inc. | 0.00% | New | 15 | $1K |
| Penserra Capital Management LLC | 0.00% | No change | 27 | $1K |
| True Wealth Design, LLC | 0.00% | Add +8.3% | 13 | $867 |
| Raffa Wealth Management, LLC | 0.00% | No change | 11 | $733 |
| Cornerstone Planning Group LLC | 0.00% | No change | 9 | $564 |
| Physician Wealth Advisors, Inc. | 0.00% | Reduce -99.1% | 8 | $550 |
| IAG Wealth Partners, LLC | 0.00% | No change | 6 | $400 |
| Quent Capital, LLC | 0.00% | No change | 5 | $333 |
| Zions Bancorporation, National Association | 0.00% | — | 4 | $267 |
| Smallwood Wealth Investment Management, LLC | 0.00% | New | 2 | $133 |
| Arax Advisory Partners | 0.00% | No change | 1 | $73 |
| Safe Harbor Fiduciary, LLC | 0.00% | No change | 1 | $67 |
| Main Street Group, LTD | 0.00% | No change | 1 | $67 |
| Rakuten Securities, Inc. | 0.00% | No change | 1 | $67 |
"% of holder's portfolio" is QSR's weight in each manager's 13F, not the share of Restaurant Brands Intern the manager owns.