Restaurant Brands InternQSR

13F holders, Q2 2025 (June 30)
454holders −4
60new positions
63sold out
8famous investors
$66.35avg. 13F price*

At the end of Q2 2025, 454 institutions reported holding Restaurant Brands Intern (QSR) in their 13F filings, down 4 from Q1 2025. 60 opened new positions and 63 sold out. The largest holders were Capital World Investors ($2.9B), Pershing Square ($1.5B) and Royal Bank of Canada ($1.4B). 8 famous investors held it, including Bill Ackman (11.1% of Pershing Square's portfolio), Seth Klarman (6.5% of Baupost Group's portfolio) and Stanley Druckenmiller (1.3% of Duquesne Family Office'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 2025 → Q2 2025

InstitutionsTotal Value
New Positions60$269.5M
Exits63$465.0M

All 13F filers, Q1 2025 → Q2 2025: 33,358,726 shares bought and 26,506,242 shares sold, net +6,852,484 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 454 holders

Capital World Investors 0.42% Add +1.0% 43,010,053 $2.9B
Pershing Square 11.11% No change 23,000,914 $1.5B
Royal Bank of Canada 0.27% Reduce -6.7% 21,107,913 $1.4B
Vanguard Group Inc. 0.02% Add +8.0% 15,303,726 $1.0B
EdgePoint Investment Group Inc. 6.50% Reduce -5.8% 12,919,854 $857.6M
Bank of Montreal 0.38% Reduce -0.4% 11,321,433 $751.5M
Goldman Sachs Group Inc. 0.11% Add +22.1% 9,904,392 $656.6M
FMR LLC 0.03% Add +12.5% 9,095,773 $603.3M
BlackRock, Inc. 0.01% Add +2919.3% 7,117,775 $471.8M
1832 Asset Management L.P. 0.79% Reduce -1.7% 6,840,030 $453.4M
FIL Ltd 0.33% Add +7.1% 5,746,631 $381.2M
Beutel, Goodman & Co Ltd. 2.12% Reduce -3.0% 5,624,674 $372.4M
TD Asset Management Inc 0.31% Add +18.5% 5,486,897 $363.2M
Geode Capital Management, LLC 0.02% Add +112.8% 4,296,050 $286.2M
Fiera Capital Corp 0.95% Add +0.1% 4,221,623 $279.9M
Morgan Stanley 0.02% Add +107.5% 4,115,907 $272.8M
Baupost Group 6.52% Add +4.2% 4,049,562 $268.4M
Norges Bank 0.03% Reduce -8.3% 3,842,462 $254.9M
National Bank of Canada 0.26% Reduce -9.9% 3,576,889 $236.5M
Davis Selected Advisers 1.21% Add +1.4% 3,419,715 $226.7M
JARISLOWSKY, FRASER Ltd 1.29% Reduce -45.2% 3,411,337 $225.8M
Invesco Ltd. 0.04% Add +24.4% 3,291,340 $218.2M
Meritage Group LP 5.96% Reduce -0.6% 3,280,877 $217.5M
State Street Corp. 0.01% Add +9477.4% 2,997,344 $198.7M
Canada Pension Plan Investment Board 0.16% Add +56.4% 2,855,081 $189.5M
Cibc World Market Inc. 0.40% Reduce -25.3% 2,708,154 $179.5M
Capital Research Global Investors 0.03% Reduce -53.7% 2,591,542 $171.8M
Canoe Financial LP 2.40% Add +10.1% 2,539,975 $168.6M
Bank of America Corp. 0.01% Add +54.6% 2,339,967 $155.1M
CIBC Asset Management Inc 0.48% Reduce -27.4% 2,287,372 $152.3M
Mackenzie Financial Corp. 0.17% Reduce -60.8% 1,926,427 $127.9M
Burgundy Asset Management Ltd. 1.02% Reduce -0.4% 1,586,110 $105.0M
JPMorgan Chase & Co. 0.01% Add +2.6% 1,530,765 $101.5M
Legal & General Group Plc 0.02% Reduce -1.3% 1,509,601 $99.9M
Scotia Capital Inc. 0.47% Add +1.2% 1,498,889 $99.1M
Bank of Nova Scotia 0.18% Reduce -22.0% 1,302,022 $86.3M
TD Waterhouse Canada Inc. 0.59% Add +1.0% 1,219,838 $82.7M
Connor, Clark & Lunn Investment Management Ltd. 0.29% Reduce -8.5% 1,224,721 $81.3M
Toronto Dominion Bank 0.17% Add +7.7% 1,151,580 $76.4M
Guardian Capital LP 2.68% Add +2.5% 1,146,048 $75.9M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% Add +57.8% 1,123,651 $74.5M
Dimensional Fund Advisors LP 0.02% Add +5.1% 1,098,563 $72.8M
Alberta Investment Management Corp 0.60% Reduce -22.5% 1,070,500 $71.0M
RDST Capital LLC 6.41% Reduce -20.6% 968,064 $64.2M
Aviso Financial Inc. 2.87% Add +0.6% 958,434 $63.6M
Woodline Partners LP 0.33% Add +1131.9% 948,519 $62.9M
Swiss National Bank 0.04% Add +8.0% 945,730 $62.5M
Epoch Investment Partners, Inc. 0.32% Reduce -4.5% 927,432 $61.5M
Northern Trust Corp. 0.01% Add +190.6% 911,416 $60.4M
Charles Schwab Investment Management Inc. 0.01% Add +18.8% 908,004 $60.1M
River Road Asset Management, LLC 0.74% Add +90.5% 863,170 $58.6M
Corvex Management LP 2.45% New 873,183 $57.9M
Bank of New York Mellon Corp 0.01% Add +136.2% 841,292 $55.8M
Manufacturers Life Insurance Company, The 0.05% Reduce -29.7% 827,060 $54.6M
Millennium Management 0.05% Add +58.6% 818,947 $54.3M
Duquesne Family Office 1.27% New 751,010 $49.8M
Nuveen, LLC 0.01% Add +189.7% 699,464 $46.3M
Intact Investment Management Inc. 1.54% Reduce -2.1% 686,591 $45.5M
Cidel Asset Management Inc. 2.66% Add +2.3% 669,683 $44.3M
Federation des caisses Desjardins du Quebec 0.19% Reduce -53.5% 648,145 $42.9M
Man Group plc 0.09% Add +83.1% 621,252 $41.2M
GW&K Investment Management, LLC 0.36% Reduce -1.9% 599,280 $39.7M
Raymond James Financial Inc. 0.01% Add +2.6% 578,345 $38.3M
Continental Grain Co. 10.43% No change 559,178 $37.4M
Mufg Securities (canada), LTD. 1.12% Add +12.2% 555,421 $36.8M
Arrowstreet Capital, Limited Partnership 0.02% Reduce -53.9% 489,232 $32.5M
Envestnet Asset Management Inc. 0.01% Add +6.8% 485,946 $32.2M
Scheer, Rowlett & Associates Investment Management Ltd. 2.04% Reduce -23.5% 475,142 $31.5M
Letko, Brosseau & Associates Inc. 0.60% Add +4.7% 472,917 $31.3M
UBS Group AG 0.01% Reduce -39.0% 463,150 $30.7M
MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 3.39% Add +81.3% 462,958 $30.7M
Deutsche Bank AG 0.01% Add +8.2% 451,937 $30.0M
Janus Henderson Group PLC 0.01% Add +1.8% 451,763 $29.9M
Addenda Capital Inc. 1.06% Reduce -1.7% 324,331 $29.6M
MIC Capital Management UK LLP 5.03% No change 386,203 $25.6M
Cannell & Spears LLC 0.47% Reduce -1.7% 351,554 $23.3M
Amundi 0.01% Add +48.5% 341,198 $23.3M
Baskin Financial Services Inc. 1.74% Add +1.3% 346,623 $23.0M
Capital International Sarl 0.42% Add +5.9% 330,643 $21.9M
Rhumbline Advisers 0.02% Add +5463.0% 315,256 $20.9M
Soroban Capital Partners LP 0.19% No change 300,000 $19.9M
Bank of Nova Scotia Trust Co. 1.90% Add +0.2% 290,751 $19.3M
JCP Investment Management, LLC 11.11% Add +21.1% 290,438 $19.3M
Picton Mahoney Asset Management 0.27% New 289,511 $19.1M
Wells Fargo & Company 0.00% Add +36.5% 286,754 $19.0M
Aviva PLC 0.03% Add +141.0% 233,337 $15.5M
Capital International Ltd. 0.59% Add +3.8% 232,717 $15.4M
Balyasny Asset Management L.P. 0.04% New 229,055 $15.2M
Korea Investment CORP 0.03% Reduce -17.6% 226,243 $15.0M
Hudson Bay Capital Management LP 0.11% New 221,102 $14.7M
Rockefeller Capital Management L.P. 0.03% Reduce -0.4% 219,299 $14.5M
Twinbeech Capital LP 0.33% New 218,225 $14.5M
CANADA LIFE ASSURANCE Co 0.02% Reduce -26.5% 215,657 $14.3M
Galibier Capital Management Ltd. 4.16% Add +29.2% 209,015 $13.8M
Dana Investment Advisors, Inc. 0.44% Reduce -6.7% 199,091 $13.2M
Capital International, Inc. 0.12% Add +11.4% 190,419 $12.6M
State of Tennessee, Department of Treasury 0.04% No change 179,975 $11.9M
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.07% Reduce -1.6% 177,506 $11.8M
First Manhattan Co. Llc. 0.03% Add +822.0% 174,441 $11.6M
Barclays PLC 0.00% Add +247.6% 162,233 $10.8M
Verition Fund Management LLC 0.06% Add +29.6% 156,800 $10.4M
Treasurer of the State of North Carolina 0.03% New 151,140 $10.0M
Alta Capital Management LLC/ 0.56% Add +5.5% 147,519 $9.8M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.02% Reduce -8.2% 139,845 $9.3M
Alliancebernstein L.P. 0.00% Add +281.9% 137,794 $9.1M
T. Rowe Price Associates Inc. 0.00% New 132,202 $8.8M
New York State Common Retirement Fund 0.01% New 129,500 $8.6M
Cullen/Frost Bankers, Inc. 0.11% Add +90.6% 128,943 $8.5M
Capula Management Ltd 0.10% New 124,539 $8.3M
Armistice Capital, LLC 0.31% New 124,391 $8.2M
Public Employees Retirement System of Ohio 0.03% Add +123.8% 120,184 $8.0M
Pictet Asset Management Holding SA 0.01% Add +3.5% 118,719 $7.9M
Mn Services Vermogensbeheer B.V. 0.05% Add +8.3% 116,300 $7.7M
Citigroup Inc. 0.01% Reduce -29.8% 112,418 $7.4M
Jane Street Group, LLC 0.01% Reduce -84.1% 112,089 $7.4M
HSBC Holdings PLC 0.00% Add +15.2% 111,847 $7.4M
Cadence Bank 0.49% Add +49.2% 111,601 $7.4M
Voya Investment Management LLC 0.01% New 102,712 $6.8M
Northwest & Ethical Investments L.P. 0.17% Add +6.8% 102,105 $6.8M
Franklin Resources Inc. 0.00% Add +3.7% 94,141 $6.2M
Northwestern Mutual Wealth Management Co. 0.00% Add +8.7% 88,487 $5.9M
AIA Group Ltd 0.13% Add +20.7% 88,015 $5.8M
Teachers Retirement System of the State of Kentucky 0.05% No change 86,700 $5.7M
Massachusetts Financial Services Co. 0.00% Reduce -86.2% 81,494 $5.4M
Allspring Global Investments Holdings, LLC 0.01% Add +11.3% 78,845 $5.4M
American Century Companies Inc. 0.00% Add +37.7% 75,670 $5.0M
Earnest Partners LLC 0.02% Reduce -7.1% 74,778 $5.0M
Capricorn Fund Managers Ltd 2.34% Reduce -8.2% 74,587 $4.9M
Louisbourg Investments Inc. 1.16% Add +11.2% 74,109 $4.9M
Consolidated Capital Management, LLC 1.75% Add +3.7% 73,162 $4.8M
Engineers Gate Manager LP 0.06% Add +465.1% 72,880 $4.8M
Nebula Research & Development LLC 0.39% New 69,833 $4.6M
Primecap Management Co. 0.00% Reduce -30.5% 68,240 $4.5M
Forsta Ap-Fonden 0.03% Reduce -3.4% 67,900 $4.5M
Partners Capital Investment Group, LLP 0.17% Reduce -56.2% 63,878 $4.2M
Journey Advisory Group, LLC 0.32% Reduce -1.9% 61,913 $4.1M
State Board of Administration of Florida Retirement System 0.01% New 61,073 $4.0M
Lansforsakringar Fondforvaltning AB (publ) 0.02% Reduce -9.5% 61,067 $4.0M
Neuberger Berman Group LLC 0.00% Reduce -14.1% 60,058 $4.0M
Qsemble Capital Management, LP 0.38% New 59,648 $4.0M
LPL Financial LLC 0.00% Add +11.3% 58,965 $3.9M
Asset Management One Co., Ltd. 0.01% Add +20.9% 57,318 $3.8M
Creative Planning 0.00% Reduce -4.3% 56,879 $3.8M
Russell Investments Group, Ltd. 0.00% Reduce -29.6% 56,634 $3.7M
Utah Retirement Systems 0.04% Add +47.8% 52,904 $3.5M
Tidal Investments LLC 0.02% Reduce -22.6% 52,443 $3.5M
Sei Investments Co. 0.00% Add +188.0% 52,335 $3.5M
Natixis Advisors, LLC 0.01% Add +0.1% 51,634 $3.4M
Cary Street Partners Financial LLC 0.10% New 51,046 $3.4M
Inkwell Capital LLC 3.62% Reduce -1.1% 50,838 $3.4M
Police & Firemen's Retirement System of New Jersey 0.03% New 49,156 $3.3M
Harvest Portfolios Group Inc. 0.08% Add +8.0% 48,906 $3.2M
Iridian Asset Management LLC 1.07% Reduce -59.8% 46,615 $3.1M
Qube Research & Technologies Ltd 0.00% Reduce -70.8% 45,339 $3.0M
Skandinaviska Enskilda Banken AB (publ) 0.01% No change 44,864 $3.0M
Commerce Bank 0.02% New 44,554 $3.0M
Capital Group Investment Management Pte. LTD. 0.52% Add +4.9% 44,314 $2.9M
Gateway Investment Advisers LLC 0.03% Add +0.0% 44,220 $2.9M
Quartz Partners, LLC 1.30% Add +15.4% 42,751 $2.8M
DekaBank Deutsche Girozentrale 0.01% Add +1.3% 42,344 $2.8M
Nichols & Pratt Advisers LLP 0.19% Add +16.7% 41,873 $2.8M
Founders Capital Management, LLC 0.48% Reduce -0.3% 41,816 $2.8M
Cetera Investment Advisers 0.00% Add +1.8% 40,618 $2.7M
Stifel Financial Corp. 0.00% Reduce -0.9% 38,758 $2.6M
Savoir Faire Capital Management, L.P. 1.19% Add +39.6% 37,032 $2.5M
STRS Ohio 0.01% New 35,756 $2.4M
Delta Global Management LP 0.16% New 35,679 $2.4M
Seascape Capital Management 0.74% Add +7.8% 35,489 $2.4M
Truist Financial Corp. 0.00% Add +0.3% 35,059 $2.3M
Orion Porfolio Solutions, LLC 0.02% Add +47.1% 34,576 $2.3M
Xponance LLC 0.02% New 34,535 $2.3M
Squarepoint Ops LLC 0.01% Add +48.2% 34,214 $2.3M
Arkadios Wealth Advisors 0.07% Add +12.1% 34,135 $2.3M
AXA S.A. 0.01% Reduce -42.8% 33,199 $2.2M
Oppenheimer & Co. Inc. 0.03% Add +10.6% 32,509 $2.2M
Commonwealth Equity Services, LLC 0.00% Add +9.5% 32,405 $2.1M
SIG North Trading, ULC 0.46% Add +211.7% 31,793 $2.1M
Public Sector Pension Investment Board 0.01% Add +1.3% 31,745 $2.1M
Macquarie Group Ltd. 0.00% No change 23,238 $2.1M
Waverly Advisors, LLC 0.02% Add +0.7% 30,298 $2.0M
Aigen Investment Management, LP 0.27% Add +596.7% 24,913 $2.0M
Assetmark, Inc. 0.00% Add +3.7% 29,470 $2.0M
Avanza Fonder AB 0.06% Add +8.3% 21,589 $2.0M
USS Investment Management Ltd 0.01% No change 28,149 $1.9M
Ameriprise Financial Inc. 0.00% Reduce -18.8% 25,846 $1.9M
Entropy Technologies, LP 0.15% New 27,635 $1.8M
&partners 0.01% Add +84.0% 26,406 $1.8M
Landscape Capital Management, L.L.C. 0.14% New 25,964 $1.7M
Wealth Enhancement Advisory Services, LLC 0.00% Reduce -3.2% 24,824 $1.7M
Bennett Selby Investments LP 0.61% Reduce -1.4% 25,650 $1.7M
Capital Fund Management S.A. 0.02% Add +76.8% 25,547 $1.7M
Corient Private Wealth LP 0.00% Reduce -6.0% 25,200 $1.7M
Callahan Advisors, LLC 0.15% No change 25,030 $1.7M
M&T Bank Corp 0.01% Add +1.7% 24,623 $1.6M
Moloney Securities Asset Management, LLC 0.19% Add +0.9% 23,474 $1.6M
Wellington Management Group LLP 0.00% Add +22.0% 23,405 $1.5M
Aspire Private Capital, LLC 0.36% Add +6.5% 23,211 $1.5M
Quantinno Capital Management LP 0.01% Reduce -32.2% 22,885 $1.5M
Lee Financial Co 0.21% Add +10.3% 22,421 $1.5M
Virtu Financial LLC 0.08% New 22,316 $1.5M
Amalgamated Bank 0.01% New 22,072 $1.5M
Royal Fund Management, LLC 0.16% Reduce -5.2% 21,930 $1.5M
Susquehanna International Group, LLP 0.00% Reduce -64.7% 21,471 $1.4M
Mariner, LLC 0.00% Add +6.4% 20,968 $1.4M
California State Teachers Retirement System 0.00% New 20,409 $1.4M
Cerity Partners LLC 0.00% Reduce -19.8% 20,186 $1.3M
Investment Management Corp of Ontario 0.02% Reduce -3.9% 19,938 $1.3M
Osaic Holdings, Inc. 0.00% Add +40.8% 19,701 $1.3M
BNP Paribas Financial Markets 0.00% Add +1157.0% 19,496 $1.3M
Allianz Asset Management GmbH 0.00% Reduce -46.9% 14,843 $1.3M
Fiduciary Trust Co 0.02% Reduce -7.9% 19,055 $1.3M
Hudson Portfolio Management LLC 1.18% Reduce -0.5% 19,042 $1.3M
Wolverine Trading, LLC 0.03% Reduce -61.1% 18,847 $1.2M
Swiss Life Asset Management Ltd 0.01% Reduce -16.3% 18,477 $1.2M
Blueshift Asset Management, LLC 0.38% New 18,432 $1.2M
Capstone Investment Advisors, LLC 0.01% New 17,890 $1.2M
Crossmark Global Holdings, Inc. 0.02% Add +0.1% 17,717 $1.2M
Alerus Financial NA 0.08% Reduce -0.6% 17,503 $1.2M
Westerkirk Capital Inc. 0.14% — 16,590 $1.1M
Prudential Financial Inc. 0.00% New 16,310 $1.1M
Braun Stacey Associates Inc. 0.04% Add +0.1% 16,269 $1.1M
Royal London Asset Management Ltd. 0.00% No change 16,189 $1.1M
Hutner Capital Management Inc. 0.48% Reduce -26.3% 15,954 $1.1M
Maryland State Retirement & Pension System 0.02% New 15,725 $1.0M
Principal Financial Group Inc. 0.00% New 15,537 $1.0M
OneDigital Investment Advisors LLC 0.01% Add +39.2% 15,054 $998K
Walleye Capital LLC 0.01% Add +149.4% 14,959 $992K
Gotham Asset Management 0.01% Add +28.3% 14,788 $980K
MetLife Investment Management, LLC 0.01% New 14,778 $980K
Gulf International Bank (UK) Ltd 0.03% Reduce -16.9% 14,686 $974K
CIBC Private Wealth Group LLC 0.00% Reduce -52.0% 14,310 $949K
111 Capital 0.16% New 14,275 $948K
Onex Canada Asset Management Inc. 0.11% Reduce -55.1% 14,189 $941K
PNC Financial Services Group, Inc. 0.00% Reduce -0.8% 14,159 $939K
Waterfront Wealth Inc. 0.20% Reduce -3.8% 13,511 $896K
ASR Vermogensbeheer N.V. 0.01% No change 13,364 $885K
Metis Global Partners, LLC 0.02% Add +11.4% 13,270 $880K
Aspiriant, LLC 0.03% Add +0.0% 13,088 $868K
Bridgewater Associates 0.00% Reduce -43.8% 13,010 $861K
Maverick Capital 0.01% New 12,636 $838K
Leonteq Securities AG 0.05% Reduce -14.8% 12,492 $828K
Campbell & CO Investment Adviser LLC 0.05% Reduce -38.0% 12,280 $814K
Lanark Financial, Inc. 0.07% Add +6.2% 12,198 $808K
Banco Santander, S.A. 0.01% Reduce -23.0% 11,787 $781K
Kendall Capital Management 0.21% Add +0.9% 11,725 $777K
Quadrant Capital Group LLC 0.03% Reduce -12.8% 11,281 $748K
Oxford Asset Management LLP 0.25% Add +99.3% 11,263 $747K
Boston Partners 0.00% Add +8.4% 21,542 $745K
Lombard Odier Asset Management (Switzerland) SA 0.04% No change 11,041 $733K
Generali Asset Management SPA SGR 0.02% Add +3.8% 7,975 $720K
Wolverine Asset Management LLC 0.05% Add +28.9% 10,833 $718K
O'shaughnessy Asset Management, LLC 0.00% Reduce -3.9% 10,459 $693K
Vanguard Personalized Indexing Management, LLC 0.01% Add +2.4% 10,330 $685K
Kestra Advisory Services, LLC 0.00% Reduce -4.7% 10,128 $671K
Fiduciary Family Office, LLC 0.21% Reduce -41.6% 9,726 $645K
HB Wealth Management, LLC 0.01% Add +22.4% 9,657 $640K
AE Wealth Management LLC 0.00% Reduce -2.3% 9,631 $638K
Redwood Investment Management, LLC 0.07% Reduce -39.9% 9,500 $630K
Mercer Global Advisors Inc. 0.00% Reduce -21.1% 9,190 $609K
BKM Wealth Management, LLC 0.24% Reduce -2.4% 9,164 $607K
Cambridge Investment Research Advisors, Inc. 0.00% Add +6.3% 9,145 $606K
Cullen Investment Group, LTD. 0.08% Add +0.1% 8,948 $593K
Novare Capital Management LLC 0.05% Reduce -87.3% 8,827 $585K
Prospera Financial Services Inc 0.01% Add +47.7% 8,817 $585K
Sumitomo Life Insurance Co. 0.04% Reduce -4.9% 8,722 $578K
Sumitomo Mitsui DS Asset Management Company, Ltd 0.01% Reduce -4.9% 8,722 $578K
Captrust Financial Advisors 0.00% Reduce -14.3% 8,657 $574K
Ossiam 0.01% Reduce -49.5% 8,530 $565K
D.A. Davidson & Co. 0.00% Add +0.0% 8,296 $550K
Sterling Capital Management LLC 0.01% New 8,121 $538K
Guardian Partners Inc. 0.05% Add +16.2% 7,892 $532K
Intech Investment Management LLC 0.01% Reduce -1.8% 8,001 $530K
New England Research & Management, Inc. 0.25% Reduce -1.2% 7,949 $527K
Sequoia Financial Advisors, LLC 0.00% Add +37.3% 7,797 $517K
Roundview Capital LLC 0.03% Reduce -1.1% 7,754 $514K
Legacy Wealth Asset Management, LLC 0.13% Add +1.8% 7,676 $509K
MML Investors Services, LLC 0.00% Reduce -0.9% 7,594 $503K
Pathstone Holdings, LLC 0.00% Reduce -48.0% 7,471 $496K
US Bancorp \de 0.00% Reduce -7.6% 7,434 $493K
Yousif Capital Management, LLC 0.01% Add +113.1% 7,197 $477K
Probity Advisors, Inc. 0.08% Add +0.0% 7,147 $474K
UniSuper Management Pty Ltd 0.00% Reduce -11.9% 5,200 $470K
Lebenthal Global Advisors, LLC 0.09% Reduce -2.3% 6,986 $463K
Raleigh Capital Management Inc. 0.19% Add +2.2% 6,937 $460K
Benjamin Edwards Inc. 0.01% Add +11.8% 6,647 $441K
Geneos Wealth Management Inc. 0.01% Add +5759.3% 6,621 $439K
Strategic Investment Advisors / MI 0.04% Reduce -19.0% 6,628 $434K
Exencial Wealth Advisors, LLC 0.01% Reduce -10.1% 6,352 $421K
Knollwood Investment Advisory, LLC 0.04% No change 6,278 $416K
Signaturefd, LLC 0.01% Reduce -21.6% 6,137 $407K
Principal Securities, Inc. 0.01% Reduce -33.8% 6,054 $401K
Janney Montgomery Scott LLC 0.00% Add +1.0% 5,949 $394K
Cumberland Partners Ltd 0.03% Add +46.1% 5,700 $377K
TD Private Client Wealth LLC 0.01% Add +1.7% 5,675 $376K
Beverly Hills Private Wealth, LLC 0.07% Reduce -6.0% 5,572 $369K
Shelton Capital Management 0.01% No change 5,559 $369K
Cigna Investments Inc. 0.06% Reduce -0.1% 5,506 $364K
Atria Investments, Inc 0.00% Add +12.1% 5,250 $348K
Wilmington Savings Fund Society, FSB 0.01% No change 5,235 $347K
Argonautica Private Wealth Management, Inc. 0.11% Reduce -0.8% 5,048 $335K
Richard W. Paul & Associates, LLC 0.12% Reduce -0.7% 5,038 $334K
Sowell Financial Services LLC 0.01% Add +62.4% 5,022 $333K
Envestnet Portfolio Solutions, Inc. 0.00% Reduce -6.5% 5,001 $331K
Ritholtz Wealth Management 0.01% Add +3.6% 4,983 $330K
MAI Capital Management 0.00% Add +4.1% 4,595 $305K
Tacita Capital Inc 0.19% Reduce -42.9% 4,561 $302K
Laird Norton Wetherby Wealth Management, LLC 0.01% — 4,549 $302K
Chase Investment Counsel Corp. 0.10% Reduce -2.7% 4,503 $298K
Burney Co./ 0.01% Reduce -35.3% 4,491 $298K
Waldron Private Wealth LLC 0.01% No change 4,150 $278K
Private Advisor Group, LLC 0.00% Add +7.1% 4,120 $273K
FSM Wealth Advisors, LLC 0.04% Add +1.4% 3,981 $270K
Syon Capital LLC 0.02% Reduce -4.6% 4,052 $269K
Hardy Reed LLC 0.02% New 4,032 $267K
WINTON GROUP Ltd 0.01% New 4,000 $265K
Vise Technologies, Inc. 0.01% — 3,999 $265K
Tower Research Capital LLC (TRC) 0.01% Reduce -86.6% 3,923 $260K
HighTower Advisors, LLC 0.00% Add +19.1% 3,920 $260K
Cardinal Point Capital Management ULC 0.02% New 3,902 $258K
HRT Financial LP 0.00% Reduce -98.7% 3,857 $255K
Avantax Advisory Services, Inc. 0.00% Add +24.6% 3,808 $252K
Erste Asset Management GmbH 0.00% Add +0.0% 3,800 $248K
First Trust Advisors LP 0.00% Reduce -2.4% 3,569 $237K
Phillips Wealth Planners LLC 0.21% Add +0.9% 3,442 $235K
Sanctuary Advisors, LLC 0.00% New 3,539 $235K
Robertson Stephens Wealth Management, LLC 0.01% No change 3,490 $234K
AQR Capital Management 0.00% Reduce -1.0% 3,516 $233K
Dimension Capital Management LLC 0.04% No change 3,501 $232K
Synovus Financial Corp. 0.00% No change 3,478 $231K
DAVENPORT & Co LLC 0.00% Reduce -3.2% 3,478 $231K
Assenagon Asset Management S.A. 0.00% New 3,444 $228K
Oppenheimer Asset Management Inc. 0.00% Reduce -0.5% 3,390 $225K
Hantz Financial Services, Inc. 0.00% Reduce -0.7% 3,365 $223K
Jones Financial Companies LLLP 0.00% Add +41.5% 3,148 $206K
Concurrent Investment Advisors, LLC 0.00% Reduce -19.2% 3,092 $205K
Coldstream Capital Management Inc. 0.00% Add +109.3% 3,039 $201K
Strategic Wealth Partners, Ltd. 0.02% — 3,032 $201K
Advisors Asset Management, Inc. 0.00% Reduce -39.4% 3,001 $199K
Parallax Volatility Advisers, L.P. 0.01% New 2,847 $189K
GeoWealth Management, LLC 0.01% Reduce -14.6% 2,637 $175K
Versant Capital Management, Inc 0.02% Reduce -6.4% 2,252 $149K
Caldwell Sutter Capital, Inc. 0.06% No change 2,111 $140K
GAMMA Investing LLC 0.01% Add +45.2% 1,988 $132K
Steward Partners Investment Advisory, LLC 0.00% Reduce -2.1% 1,868 $124K
NewEdge Advisors, LLC 0.00% Add +0.1% 1,846 $122K
Park Square Financial Group, LLC 0.09% Reduce -3.4% 1,832 $121K
Parallel Advisors, LLC 0.00% Reduce -30.2% 1,656 $110K
Andra AP-fonden 0.00% New 1,200 $108K
Cwm, LLC 0.00% Reduce -13.2% 1,568 $104K
Bank Julius Baer & Co. Ltd, Zurich 0.00% Reduce -26.8% 1,118 $101K
Allworth Financial LP 0.00% Reduce -0.4% 1,521 $101K
Bay Harbor Wealth Management, LLC 0.03% Add +4.4% 1,334 $89K
Stonehage Fleming Financial Services Holdings Ltd 0.00% No change 1,300 $86K
Natixis 0.00% Reduce -38.3% 1,300 $86K
Farther Finance Advisors, LLC 0.00% Add +23.7% 1,227 $81K
Caitong International Asset Management Co., Ltd 0.05% Add +29.6% 1,115 $74K
Crewe Advisors LLC 0.01% No change 1,070 $71K
Grove Bank & Trust 0.01% Reduce -0.4% 1,059 $70K
S.A. Mason LLC 0.03% No change 1,000 $66K
Rosenberg Matthew Hamilton 0.02% No change 1,000 $66K
Pension & Wealth Management Advisors, Inc. 0.02% Add +0.8% 922 $61K
Bogart Wealth, LLC 0.00% No change 772 $51K
Capital Analysts, LLC 0.00% Reduce -19.5% 766 $51K
Cromwell Holdings LLC 0.03% Reduce -36.1% 741 $50K
MassMutual Private Wealth & Trust, FSB 0.00% Reduce -8.8% 732 $49K
Pflug Koory, LLC 0.02% No change 716 $47K
New Vernon Capital Holdings II LLC 0.02% New 707 $47K
Huntington National Bank 0.00% Reduce -33.4% 688 $46K
IFP Advisors, Inc 0.00% Add +1.3% 647 $43K
Bartlett & Co. Wealth Management LLC 0.00% No change 635 $42K
HM Payson & Co. 0.00% Add +60.1% 618 $41K
UMB Bank, n.a. 0.00% Add +49.3% 606 $40K
Hazlett, Burt & Watson, Inc. 0.02% No change 555 $37K
Elevation Point Wealth Partners, LLC 0.00% New 546 $36K
Blue Trust, Inc. 0.00% No change 543 $36K
Parkside Financial Bank & Trust 0.00% Add +6.6% 533 $35K
SBI Securities Co., Ltd. 0.00% Reduce -2.6% 533 $35K
Cary Street Partners Investment Advisory LLC 0.02% New 523 $35K
Private Trust Co. NA 0.00% No change 519 $34K
CX Institutional 0.00% Add +928.0% 514 $34K
Legend Financial Advisors, Inc. 0.02% New 500 $33K
City State Bank 0.01% No change 490 $32K
Valley National Advisers Inc. 0.01% No change 495 $32K
Brown Brothers Harriman & Co. 0.00% New 425 $28K
Smartleaf Asset Management LLC 0.00% Reduce -21.5% 428 $28K
Towarzystwo Funduszy Inwestycyjnych Pzu SA 0.01% No change 380 $25K
Global Retirement Partners, LLC 0.00% — 377 $25K
AdvisorNet Financial, Inc 0.00% Reduce -42.9% 330 $22K
Hartford Financial Management Inc. 0.01% Reduce -31.0% 314 $21K
Farmers & Merchants Investments Inc. 0.00% No change 261 $17K
Annis Gardner Whiting Capital Advisors, LLC 0.01% New 248 $16K
Pacifica Partners Inc. 0.01% No change 245 $16K
EverSource Wealth Advisors, LLC 0.00% Reduce -39.3% 230 $15K
GPS Wealth Strategies Group, LLC 0.00% No change 209 $14K
Harbour Investments, Inc. 0.00% No change 197 $13K
Fifth Third Bancorp 0.00% Add +44.9% 184 $12K
Ogorek Anthony Joseph /NY/ 0.00% No change 185 $12K
Sound Income Strategies, LLC 0.00% No change 177 $12K
Mechanics Financial Corp 0.00% No change 174 $12K
Hillsdale Investment Management Inc. 0.00% No change 170 $11K
Aspect Partners, LLC 0.01% New 154 $10K
Quest 10 Wealth Builders, Inc. 0.01% No change 132 $9K
Wealth Preservation Advisors, LLC 0.01% Add +7.4% 131 $9K
Indiana Trust & Investment Management Co 0.00% No change 127 $8K
PMV Capital Advisers, LLC 0.02% New 125 $8K
Golden State Wealth Management, LLC 0.00% No change 123 $8K
Riggs Asset Managment Co. Inc. 0.00% New 118 $8K
Financial Management Professionals, Inc. 0.00% No change 108 $7K
Harbor Investment Advisory, LLC 0.00% No change 108 $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% No change 96 $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% No change 73 $5K
Twin Peaks Wealth Advisors, LLC 0.00% New 74 $5K
Avalon Trust Co 0.00% No change 72 $5K
Ridgewood Investments LLC 0.00% No change 70 $5K
Trust Co. of Toledo NA 0.00% New 69 $5K
CoreCap Advisors, LLC 0.00% Reduce -55.3% 63 $4K
Tsfg, LLC 0.00% No change 60 $4K
Whipplewood Advisors, LLC 0.00% Reduce -36.7% 57 $4K
Nalls Sherbakoff Group, LLC 0.00% No change 54 $4K
Bell Investment Advisors, Inc 0.00% No change 53 $4K
Gold Investment Management Ltd. 0.00% No change 49 $3K
First Horizon Advisors, Inc. 0.00% Reduce -97.8% 42 $3K
Hughes Financial Services, LLC 0.00% No change 37 $3K
Sierra Ocean, LLC 0.00% No change 36 $2K
Cornerstone Planning Group LLC 0.00% Add +288.9% 35 $2K
NewSquare Capital LLC 0.00% Add +13.8% 33 $2K
Asset Dedication, LLC 0.00% No change 30 $2K
Optiver Holding B.V. 0.00% New 29 $2K
Cape Investment Advisory, Inc. 0.00% New 28 $2K
Ameritas Advisory Services, LLC 0.00% New 28 $2K
Rossby Financial, LCC 0.00% No change 24 $2K
Arax Advisory Partners 0.00% Add +1800.0% 19 $1K
Millstone Evans Group, LLC 0.00% No change 18 $1K
Private Wealth Management Group, LLC 0.00% New 17 $1K
True Wealth Design, LLC 0.00% Add +23.1% 16 $1K
Bessemer Group Inc. 0.00% Reduce -98.3% 15 $1K
Penserra Capital Management LLC 0.00% No change 27 $1K
Nova Wealth Management, Inc. 0.00% No change 15 $994
Raffa Wealth Management, LLC 0.00% No change 11 $729
Rothschild Investment LLC 0.00% New 10 $663
St Germain D J Co. Inc. 0.00% Reduce -81.1% 10 $663
Physician Wealth Advisors, Inc. 0.00% No change 8 $551
IAG Wealth Partners, LLC 0.00% No change 6 $398
Manchester Capital Management LLC 0.00% New 5 $332
Zions Bancorporation, National Association 0.00% No change 4 $265
Smallwood Wealth Investment Management, LLC 0.00% No change 2 $132
Safe Harbor Fiduciary, LLC 0.00% No change 1 $66
Main Street Group, LTD 0.00% No change 1 $66
Rakuten Securities, Inc. 0.00% No change 1 $66

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