Bank of Montreal’s Restaurant Brands International QSR Stock Holding History

Bank of Montreal’s Portfolio QSR Stock Details QSR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-300	Closed	-$20.5K	–	3982
2025 Q4	$20.5K	Sell	300 -130,000	-100%	-$8.96M	﹤0.01%	3349
2025 Q3	$8.36M	Buy	130,300 +50,300	+63%	+$3.31M	﹤0.01%	1119
2025 Q2	$5.31M	Buy	+80,000	New	+$5.34M	﹤0.01%	1217
2025 Q1	–	Sell	-80,000	Closed	-$5.21M	–	3692
2024 Q4	$5.21M	Buy	80,000 +45,000	+129%	+$3.12M	﹤0.01%	1197
2024 Q3	$2.49M	Buy	35,000 +5,000	+17%	+$351K	﹤0.01%	1605
2024 Q2	$2.09M	Buy	+30,000	New	+$2.14M	﹤0.01%	1641
2021 Q2	–	Sell	-19,300	Closed	-$1.28M	–	4666
2021 Q1	$1.28M	Sell	19,300 -425,700	-96%	-$26.4M	﹤0.01%	2017
2020 Q4	$28.2M	Buy	+445,000	New	+$26M	0.02%	580
2017 Q1	–	Sell	-233,000	Closed	-$11.1M	–	4153
2016 Q4	$11.1M	Buy	+233,000	New	+$10.7M	0.01%	764

Other funds holding QSR

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

PSCM

Pershing Square Capital Management New York $13.7B AUM 13.45% 1-Year Est. Return

EIG

EdgePoint Investment Group Toronto, Ontario, Canada $12.5B AUM 31.7% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Baupost Group Boston, Massachusetts $5.12B AUM 15.99% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Bank of Montreal's QSR Position: Q1 2026 in Review

Bank of Montreal reduced its Restaurant Brands International (QSR) stake by 41% in Q1 2026, selling an estimated $436M and leaving 9,011,952 shares worth $667M. The position accounts for 0.25% of the portfolio, ranked #75.

Bank of Montreal first reported a position in QSR in Q1 2015 and has held it in 45 quarters since. The position peaked at $1.04B in Q4 2025. 547 funds tracked by Wall St. Rank hold QSR as of Q1 2026.

Bank of Montreal held 9,011,952 shares of Restaurant Brands International worth $667M as of Q1 2026.
Bank of Montreal sold 6,207,995 Restaurant Brands International shares in Q1 2026, an estimated $436M.
Restaurant Brands International made up 0.25% of Bank of Montreal's portfolio in Q1 2026, its #75 holding.
Bank of Montreal first reported a position in Restaurant Brands International in Q1 2015 and has held it in 45 quarters since.
Bank of Montreal's Restaurant Brands International position peaked at $1.04B in Q4 2025.
547 funds tracked by Wall St. Rank held Restaurant Brands International as of Q1 2026.

Based on Bank of Montreal's 13F filing for Q1 2026, filed 13 May 2026.