Restaurant Brands International
580 hedge funds and large institutions have $23.5B invested in Restaurant Brands International in 2026 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 239 increasing their positions, 167 reducing their positions, and 51 closing their positions.
209% more call options, than puts
Call options by funds: $222M | Put options by funds: $71.9M
67% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 51
43% more repeat investments, than reductions
Existing positions increased: 239 | Existing positions reduced: 167
5.77% more ownership
Funds ownership: 87.14% → 92.91% (+5.8%)
5% more funds holding
Funds holding: 550 → 580 (+30)
5% more capital invested
Capital invested by funds: $22.4B → $23.5B (+$1.08B)
25% less funds holding in top 10
Funds holding in top 10: 12 → 9 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$551M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$257M |
| 3 |
PSCM
Pershing Square Capital Management
New York
|
+$242M |
| 4 |
BSL
Blue Sparrow LLC
Dover,
Delaware
|
+$182M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$174M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$189M |
| 2 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$166M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$113M |
| 4 |
BG
Baupost Group
Boston,
Massachusetts
|
-$101M |
| 5 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$60.8M |
QSR Hedge Fund Activity: Q2 2026 in Review
580 of the 8,348 institutional investors tracked by Wall St. Rank reported a position in Restaurant Brands International (QSR) for Q2 2026, worth a combined $23.5B — up 4.8% from $22.4B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new QSR positions and 51 closed out — a net gain of 34 holders — while 239 added to existing stakes and 167 trimmed.
The largest buyer was BlackRock, adding an estimated $551M. The largest seller was Morgan Stanley, cutting an estimated $189M.
- 580 institutional investors held Restaurant Brands International (QSR) as of Q2 2026, up from 550 in Q1 2026.
- Funds reported $23.5B of Restaurant Brands International stock for Q2 2026, up 4.8% quarter-over-quarter.
- 85 funds opened new Restaurant Brands International positions in Q2 2026 and 51 closed out, a net change of +34 holders.
- The largest Restaurant Brands International buyer in Q2 2026 was BlackRock, an estimated $551M added.
- The largest Restaurant Brands International seller in Q2 2026 was Morgan Stanley, an estimated $189M sold.
Based on aggregated 13F filings for Q2 2026.