Davis Selected Advisers’s Restaurant Brands International QSR Stock Holding History

Davis Selected Advisers’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 Q2	$203M	Sell	2,800,345 -798,782	-22%	-$60.8M	0.87%	29
2026 Q1	$266M	Sell	3,599,127 -421,664	-10%	-$29.6M	1.22%	26
2025 Q4	$274M	Buy	4,020,791 +478,403	+14%	+$33M	1.23%	24
2025 Q3	$227M	Buy	3,542,388 +122,673	+4%	+$8.07M	1.19%	25
2025 Q2	$227M	Buy	3,419,715 +47,204	+1%	+$3.15M	1.21%	25
2025 Q1	$225M	Buy	+3,372,511	New	+$217M	1.3%	24

Other funds holding QSR

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

PSCM

Pershing Square Capital Management New York $19.5B AUM 2.08% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

EIG

EdgePoint Investment Group Toronto, Ontario, Canada $13.2B AUM 32.43% 1-Year Est. Return

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

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Baupost Group Boston, Massachusetts $5.42B AUM 22.93% 1-Year Est. Return

Davis Selected Advisers's QSR Position: Q2 2026 in Review

Davis Selected Advisers reduced its Restaurant Brands International (QSR) stake by 22% in Q2 2026, selling an estimated $60.8M and leaving 2,800,345 shares worth $203M. The position accounts for 0.87% of the portfolio, ranked #29.

Davis Selected Advisers first reported a position in QSR in Q1 2025 and has held it in 6 quarters since. The position peaked at $274M in Q4 2025. 575 funds tracked by Wall St. Rank hold QSR as of Q2 2026.

Davis Selected Advisers held 2,800,345 shares of Restaurant Brands International worth $203M as of Q2 2026.
Davis Selected Advisers sold 798,782 Restaurant Brands International shares in Q2 2026, an estimated $60.8M.
Restaurant Brands International made up 0.87% of Davis Selected Advisers's portfolio in Q2 2026, its #29 holding.
Davis Selected Advisers first reported a position in Restaurant Brands International in Q1 2025 and has held it in 6 quarters since.
Davis Selected Advisers's Restaurant Brands International position peaked at $274M in Q4 2025.
575 funds tracked by Wall St. Rank held Restaurant Brands International as of Q2 2026.

Based on Davis Selected Advisers's 13F filing for Q2 2026, filed 11 Aug 2026.