Restaurant Brands International
457 hedge funds and large institutions have $18.6B invested in Restaurant Brands International in 2025 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 173 increasing their positions, 144 reducing their positions, and 57 closing their positions.
209% more call options, than puts
Call options by funds: $280M | Put options by funds: $90.5M
30% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 57
20% more repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 144
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
8% more capital invested
Capital invested by funds: $17.2B → $18.6B (+$1.38B)
4.21% more ownership
Funds ownership: 81.48% → 85.69% (+4.2%)
2% more funds holding
Funds holding: 448 → 457 (+9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$233M |
| 2 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$217M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$210M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$205M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$365M |
| 2 |
JP Morgan Chase
New York
|
-$165M |
| 3 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$111M |
| 4 |
DCP
D1 Capital Partners
New York
|
-$108M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$91.1M |
QSR Hedge Fund Activity: Q1 2025 in Review
457 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q1 2025, worth a combined $18.6B — up 8% from $17.2B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new QSR positions and 57 closed out — a net gain of 17 holders — while 173 added to existing stakes and 144 trimmed.
The largest buyer was Fidelity International, adding an estimated $233M. The largest seller was Capital Research Global Investors, cutting an estimated $365M.
- 457 institutional investors held Restaurant Brands International (QSR) as of Q1 2025, up from 448 in Q4 2024.
- Funds reported $18.6B of Restaurant Brands International stock for Q1 2025, up 8% quarter-over-quarter.
- 74 funds opened new Restaurant Brands International positions in Q1 2025 and 57 closed out, a net change of +17 holders.
- The largest Restaurant Brands International buyer in Q1 2025 was Fidelity International, an estimated $233M added.
- The largest Restaurant Brands International seller in Q1 2025 was Capital Research Global Investors, an estimated $365M sold.
Based on aggregated 13F filings for Q1 2025.