Restaurant Brands International
550 hedge funds and large institutions have $22.4B invested in Restaurant Brands International in 2026 Q1 according to their latest regulatory filings, with 104 funds opening new positions, 232 increasing their positions, 134 reducing their positions, and 54 closing their positions.
93% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 54
73% more repeat investments, than reductions
Existing positions increased: 232 | Existing positions reduced: 134
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
27% more call options, than puts
Call options by funds: $112M | Put options by funds: $88M
11% more capital invested
Capital invested by funds: $20.1B → $22.4B (+$2.3B)
9% more funds holding
Funds holding: 505 → 550 (+45)
2.4% less ownership
Funds ownership: 89.54% → 87.14% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$322M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$216M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$204M |
| 4 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$190M |
| 5 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$141M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$436M |
| 2 |
MG
Meritage Group
San Francisco,
California
|
-$218M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$108M |
| 4 |
Morgan Stanley
New York
|
-$77.8M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$65M |
QSR Hedge Fund Activity: Q1 2026 in Review
550 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q1 2026, worth a combined $22.4B — up 11% from $20.1B a quarter earlier.
Buyers outnumbered sellers: 104 funds opened new QSR positions and 54 closed out — a net gain of 50 holders — while 232 added to existing stakes and 134 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $322M. The largest seller was Bank of Montreal, cutting an estimated $436M.
- 550 institutional investors held Restaurant Brands International (QSR) as of Q1 2026, up from 505 in Q4 2025.
- Funds reported $22.4B of Restaurant Brands International stock for Q1 2026, up 11% quarter-over-quarter.
- 104 funds opened new Restaurant Brands International positions in Q1 2026 and 54 closed out, a net change of +50 holders.
- The largest Restaurant Brands International buyer in Q1 2026 was Goldman Sachs, an estimated $322M added.
- The largest Restaurant Brands International seller in Q1 2026 was Bank of Montreal, an estimated $436M sold.
Based on aggregated 13F filings for Q1 2026.