Restaurant Brands International

QSR

Market cap $20.8B

445 hedge funds and large institutions have $17.2B invested in Restaurant Brands International in 2024 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 154 increasing their positions, 160 reducing their positions, and 55 closing their positions.

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q1 2013 Q4 2013 Q3 2013 Q2

Holders

445

Holders Change

-15

Holders Change %

-3.26%

% of All Funds

5.93%

Holding in Top 10

Holding in Top 10 Change

-3

Holding in Top 10 Change %

-25%

% of All Funds

0.12%

New

Increased

154

Reduced

160

Closed

Calls

$306M

Puts

$101M

Net Calls

+$205M

Net Calls Change

-$17.2M

Top Buyers

1	1 Norges Bank Oslo, Norway	$265M
2	MG 2 Meritage Group San Francisco, California	$215M
3	BG 3 Baupost Group Boston, Massachusetts	$189M
4	EIG 4 EdgePoint Investment Group Toronto, Ontario, Canada	$834M
5	5 Bank of Montreal Toronto, Ontario, Canada	$651M

Top Sellers

1	1 Capital Research Global Investors Los Angeles, California	$734M
2	2 Nuveen Asset Management Chicago, Illinois	$17.3M
3	3 Royal Bank of Canada Toronto, Ontario, Canada	$1.26B
4	4 Connor, Clark & Lunn Investment Management (CC&L) Vancouver, British Columbia, Canada	$42M
5	5 JPMorgan Chase & Co New York	$264M

#	Name	Market Value	Shares	Shares Change	Shares Change %
1	1 Capital World Investors Los Angeles, California	$2.83B	43,418,188	+841,167	+2%
2	PSCM 2 Pershing Square Capital Management New York	$1.5B	23,000,914	–	–
3	3 Royal Bank of Canada Toronto, Ontario, Canada	$1.26B	19,365,900	-1,582,950	-8%
4	4 Vanguard Group Malvern, Pennsylvania	$858M	13,165,498	+421,873	+3%
5	EIG 5 EdgePoint Investment Group Toronto, Ontario, Canada	$834M	12,819,570	+2,695,071	+27%
6	6 Capital Research Global Investors Los Angeles, California	$734M	11,261,388	-8,941,977	-44%
7	7 Bank of Montreal Toronto, Ontario, Canada	$651M	10,004,822	+1,367,633	+16%
8	8 Goldman Sachs New York	$525M	8,061,335	-278,489	-3%
9	9 Fidelity Investments Boston, Massachusetts	$466M	7,147,089	-589,350	-8%
10	10 1832 Asset Management Toronto, Ontario, Canada	$435M	6,670,524	-176,586	-3%
11	JFL 11 Jarislowsky, Fraser Ltd Montreal, Quebec, Canada	$411M	6,330,904	-238,122	-4%
12	BGC 12 Beutel, Goodman & Co Toronto, Ontario, Canada	$367M	5,639,237	-505,847	-8%
13	13 Mackenzie Financial Toronto Ontario, Ontario, Canada	$273M	4,194,940	-450,183	-10%
14	14 Norges Bank Oslo, Norway	$265M	4,066,730	+4,066,730	New
15	15 JPMorgan Chase & Co New York	$264M	4,045,916	-1,509,722	-27%
16	16 National Bank of Canada Montreal, Quebec, Canada	$243M	3,719,590	+538,131	+17%
17	17 Fiera Capital (Canada) Montreal, Quebec, Canada	$241M	3,695,647	-48,973	-1%
18	18 TD Asset Management Toronto, Ontario, Canada	$233M	3,577,821	-26,092	-0.7%
19	MG 19 Meritage Group San Francisco, California	$215M	3,301,689	+3,245,689	+5,796%
20	20 CIBC Asset Management Toronto, Ontario, Canada	$195M	2,971,299	+1,717	+0.1%
21	21 Canada Pension Plan Investment Board Toronto Ontario, Ontario, Canada	$194M	2,981,357	+679,000	+29%
22	BG 22 Baupost Group Boston, Massachusetts	$189M	2,901,700	+2,873,406	+10,156%
23	23 CIBC World Market Toronto, Ontario, Canada	$184M	2,818,856	-134,796	-5%
24	24 Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada	$169M	2,588,908	-1,263,108	-33%
25	CF 25 Canoe Financial Calgary, Alberta, Canada	$131M	2,016,082	-12,267	-0.6%

Restaurant Brands International QSR Market cap $20.8B

Top Buyers

Top Sellers

Restaurant Brands International

QSR

Market cap $20.8B