Scotia Capital’s Restaurant Brands International QSR Stock Holding History

Scotia Capital’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	$96.7M	Sell	1,320,532 -136,945	-9%	-$9.62M	0.4%	46
2025 Q4	$99.1M	Sell	1,457,477 -43,120	-3%	-$2.97M	0.4%	47
2025 Q3	$96.2M	Buy	1,500,597 +1,708	+0.1%	+$112K	0.41%	47
2025 Q2	$99.1M	Buy	1,498,889 +17,817	+1%	+$1.19M	0.47%	42
2025 Q1	$97.3M	Sell	1,481,072 -63,641	-4%	-$4.1M	0.52%	41
2024 Q4	$100M	Buy	1,544,713 +24,319	+2%	+$1.69M	0.53%	42
2024 Q3	$109M	Buy	1,520,394 +14,036	+0.9%	+$986K	0.58%	38
2024 Q2	$106M	Buy	1,506,358 +209,858	+16%	+$15M	0.62%	38
2024 Q1	$103M	Buy	1,296,500 +37,359	+3%	+$2.91M	0.61%	39
2023 Q4	$98.2M	Sell	1,259,141 -41,477	-3%	-$2.89M	0.63%	38
2023 Q3	$86.4M	Sell	1,300,618 -73,919	-5%	-$5.31M	0.62%	39
2023 Q2	$106M	Sell	1,374,537 -70,716	-5%	-$5.11M	0.73%	35
2023 Q1	$96.8M	Sell	1,445,253 -95,342	-6%	-$6.21M	0.71%	36
2022 Q4	$99.4M	Sell	1,540,595 -47,059	-3%	-$2.89M	0.76%	36
2022 Q3	$84.4M	Sell	1,587,654 -215,409	-12%	-$12.2M	0.68%	37
2022 Q2	$90.2M	Buy	1,803,063 +91,315	+5%	+$4.88M	0.67%	37
2022 Q1	$99.9M	Sell	1,711,748 -66,380	-4%	-$3.78M	0.63%	37
2021 Q4	$108M	Buy	1,778,128 +312,876	+21%	+$18.4M	0.71%	36
2021 Q3	$89.7M	Buy	1,465,252 +1,379	+0.1%	+$88.3K	0.65%	36
2021 Q2	$94.1M	Buy	1,463,873 +93,937	+7%	+$6.33M	0.69%	37
2021 Q1	$88.8M	Buy	1,369,936 +29,828	+2%	+$1.85M	0.72%	36
2020 Q4	$81.9M	Sell	1,340,108 -20,716	-2%	-$1.21M	0.75%	34
2020 Q3	$78.3M	Sell	1,360,824 -8,876	-0.6%	-$495K	0.85%	30
2020 Q2	$76.8M	Buy	1,369,700 +156,086	+13%	+$7.87M	1.07%	24
2020 Q1	$48.5M	Buy	1,213,614 +225,978	+23%	+$12.8M	0.68%	37
2019 Q4	$62.9M	Buy	987,636 +115,360	+13%	+$7.72M	0.7%	34
2019 Q3	$61.9M	Sell	872,276 -3,779	-0.4%	-$279K	0.73%	35
2019 Q2	$60.7M	Buy	876,055 +91,070	+12%	+$6.1M	0.74%	34
2019 Q1	$51M	Buy	784,985 +15,586	+2%	+$958K	0.66%	36
2018 Q4	$40.2M	Buy	769,399 +48,724	+7%	+$2.71M	0.59%	39
2018 Q3	$42.7M	Buy	720,675 +140,624	+24%	+$8.56M	0.54%	42
2018 Q2	$32.4M	Buy	580,051 +4,042	+0.7%	+$232K	0.45%	47
2018 Q1	$32.7M	Buy	576,009 +111,083	+24%	+$6.6M	0.45%	47
2017 Q4	$28.6M	Buy	464,926 +25,543	+6%	+$1.64M	0.38%	52
2017 Q3	$28.1M	Buy	439,383 +90,814	+26%	+$5.61M	0.4%	55
2017 Q2	$21.8M	Sell	348,569 -9,568	-3%	-$564K	0.37%	53
2017 Q1	$19.9M	Sell	358,137 -229	-0.1%	-$12K	0.34%	56
2016 Q4	$17.1M	Buy	358,366 +28,192	+9%	+$1.3M	0.27%	66
2016 Q3	$14.7M	Buy	330,174 +109,537	+50%	+$4.97M	0.27%	72
2016 Q2	$9.17M	Sell	220,637 -13,932	-6%	-$576K	0.19%	93
2016 Q1	$9.11M	Buy	234,569 +49,003	+26%	+$1.7M	0.2%	80
2015 Q4	$6.48M	Buy	185,566 +23,289	+14%	+$855K	0.15%	112
2015 Q3	$5.82M	Buy	162,277 +83,254	+105%	+$3.3M	0.13%	123
2015 Q2	$2.97M	Buy	79,023 +854	+1%	+$33.7K	0.06%	222
2015 Q1	$3M	Buy	+78,169	New	+$3.12M	0.08%	174

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

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 $5.72T AUM 30.48% 1-Year Est. Return

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

Scotia Capital's QSR Position: Q1 2026 in Review

Scotia Capital reduced its Restaurant Brands International (QSR) stake by 9.4% in Q1 2026, selling an estimated $9.62M and leaving 1,320,532 shares worth $96.7M. The position accounts for 0.4% of the portfolio, ranked #46.

Scotia Capital first reported a position in QSR in Q1 2015 and has held it in 45 quarters since. The position peaked at $109M in Q3 2024. 545 funds tracked by Wall St. Rank hold QSR as of Q1 2026.

Scotia Capital held 1,320,532 shares of Restaurant Brands International worth $96.7M as of Q1 2026.
Scotia Capital sold 136,945 Restaurant Brands International shares in Q1 2026, an estimated $9.62M.
Restaurant Brands International made up 0.4% of Scotia Capital's portfolio in Q1 2026, its #46 holding.
Scotia Capital first reported a position in Restaurant Brands International in Q1 2015 and has held it in 45 quarters since.
Scotia Capital's Restaurant Brands International position peaked at $109M in Q3 2024.
545 funds tracked by Wall St. Rank held Restaurant Brands International as of Q1 2026.

Based on Scotia Capital's 13F filing for Q1 2026, filed 13 May 2026.