Royal Bank of Canada’s Restaurant Brands International QSR Stock Holding History

Royal Bank of Canada’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
2025 Q4	–	Sell	-1,600	Closed	-$103K	–	7542
2025 Q3	$103K	Buy	1,600 +1,100	+220%	+$72.4K	﹤0.01%	5497
2025 Q2	$33K	Buy	+500	New	+$33.4K	﹤0.01%	6090
2025 Q1	–	Sell	-60,000	Closed	-$3.91M	–	7165
2024 Q4	$3.91M	Sell	60,000 -16,000	-21%	-$1.11M	﹤0.01%	2514
2024 Q3	$5.48M	Sell	76,000 -7,000	-8%	-$492K	﹤0.01%	2203
2024 Q2	$5.84M	Buy	83,000 +71,800	+641%	+$5.13M	﹤0.01%	2056
2024 Q1	$890K	Sell	11,200 -48,800	-81%	-$3.8M	﹤0.01%	3554
2023 Q4	$4.69M	Buy	+60,000	New	+$4.17M	﹤0.01%	2298
2023 Q3	–	Sell	-167,500	Closed	-$13M	–	7470
2023 Q2	$13M	Buy	+167,500	New	+$12.1M	﹤0.01%	1408
2023 Q1	–	Sell	-140,000	Closed	-$9.05M	–	7397
2022 Q4	$9.05M	Buy	+140,000	New	+$8.6M	﹤0.01%	1699
2022 Q2	–	Sell	-185,000	Closed	-$10.8M	–	7651
2022 Q1	$10.8M	Buy	+185,000	New	+$10.5M	﹤0.01%	1670
2021 Q4	–	Sell	-5,900	Closed	-$361K	–	7844
2021 Q3	$361K	Buy	5,900 +400	+7%	+$25.6K	﹤0.01%	4622
2021 Q2	$354K	Sell	5,500 -41,800	-88%	-$2.82M	﹤0.01%	4577
2021 Q1	$3.08M	Buy	47,300 +11,600	+32%	+$719K	﹤0.01%	2649
2020 Q4	$2.18M	Sell	35,700 -41,100	-54%	-$2.4M	﹤0.01%	2840
2020 Q3	$4.42M	Buy	76,800 +14,300	+23%	+$797K	﹤0.01%	2087
2020 Q2	$3.41M	Buy	+62,500	New	+$3.15M	﹤0.01%	2215
2020 Q1	–	Sell	-20,000	Closed	-$1.27M	–	6963
2019 Q4	$1.27M	Sell	20,000 -93,500	-82%	-$6.26M	﹤0.01%	3256
2019 Q3	$8.07M	Buy	113,500 +93,500	+468%	+$6.89M	﹤0.01%	1728
2019 Q2	$1.39M	Buy	+20,000	New	+$1.34M	﹤0.01%	3038
2018 Q4	–	Sell	-435,000	Closed	-$25.8M	–	7044
2018 Q3	$25.8M	Buy	+435,000	New	+$26.5M	0.01%	960
2018 Q1	–	Sell	-30,000	Closed	-$1.84M	–	6706
2017 Q4	$1.84M	Sell	30,000 -112,700	-79%	-$7.23M	﹤0.01%	2794
2017 Q3	$9.12M	Buy	142,700 +112,700	+376%	+$6.97M	﹤0.01%	1601
2017 Q2	$1.88M	Sell	30,000 -11,800	-28%	-$695K	﹤0.01%	2635
2017 Q1	$2.33M	Sell	41,800 -6,900	-14%	-$361K	﹤0.01%	2430
2016 Q4	$2.32M	Sell	48,700 -26,300	-35%	-$1.21M	﹤0.01%	2475
2016 Q3	$3.34M	Buy	+75,000	New	+$3.4M	﹤0.01%	2176
2015 Q1	–	Sell	-1,000	Closed	-$39K	–	6358
2014 Q4	$39K	Buy	+1,000	New	+$38.4K	﹤0.01%	5155

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

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

Royal Bank of Canada's QSR Position: Q1 2026 in Review

Royal Bank of Canada reduced its Restaurant Brands International (QSR) stake by 0.86% in Q1 2026, selling an estimated $11.1M and leaving 18,386,132 shares worth $1.36B. The position accounts for 0.24% of the portfolio, ranked #74.

Royal Bank of Canada first reported a position in QSR in Q4 2014 and has held it in 46 quarters since. The position peaked at $1.73B in Q2 2023. 548 funds tracked by Wall St. Rank hold QSR as of Q1 2026.

Royal Bank of Canada held 18,386,132 shares of Restaurant Brands International worth $1.36B as of Q1 2026.
Royal Bank of Canada sold 158,595 Restaurant Brands International shares in Q1 2026, an estimated $11.1M.
Restaurant Brands International made up 0.24% of Royal Bank of Canada's portfolio in Q1 2026, its #74 holding.
Royal Bank of Canada first reported a position in Restaurant Brands International in Q4 2014 and has held it in 46 quarters since.
Royal Bank of Canada's Restaurant Brands International position peaked at $1.73B in Q2 2023.
548 funds tracked by Wall St. Rank held Restaurant Brands International as of Q1 2026.

Based on Royal Bank of Canada's 13F filing for Q1 2026, filed 15 May 2026.