InvestorLens

QSR — RESTAURANT BRANDS INTL INC

Consumer Discretionary · Restaurants

Sign in to save4 tracked investors reported this
For educational research only.InvestorLens analyzes public regulatory filings (SEC EDGAR, STOCK Act PTRs) that may be delayed by 45 days or more. Information shown is historical and is not financial, legal, or tax advice, nor a recommendation or solicitation to buy or sell any security. Always do your own research.

InvestorLens aggregates public filing data to show which tracked investors reported holdings in this stock. Dollar values represent reported position values, not market capitalization, and may be delayed up to 45 days. Not a recommendation.

Sourced from SEC EDGAR public filings

Why are billionaires buying QSR?

Built from public SEC filings and public economic data. Not a recommendation.

Confidence
75
Institutional Conviction
Strong distribution · 1 buying vs 3 selling last quarter
22
Macro Tailwind
Macro conditions are a headwind for Consumer Discretionary
44
Why? — Evidence & Confidence ▾

Of 4 tracked investors who changed their QSR position last quarter, 1 bought and 3 sold (25% buy-side). Macro conditions are a headwind for Consumer Discretionary (Macro Tailwind 44/100 in a Squeeze regime).

Supporting evidence
  • +1 tracked investor added or increased positions last quarter (Bill Ackman)
  • +4 tracked investors reported holding QSR at their latest filing
Contradicting evidence — always shown
  • −3 tracked investors reduced or exited last quarter (2 reduced, 1 sold out)
  • −Current Squeeze regime has historically been a headwind for Consumer Discretionary (Macro Tailwind 44/100)
  • −13F data is disclosed up to 45 days after quarter end — positions may have changed since
Know the limits
  • · 13F disclosure lag (up to 45 days)
  • · Tracked investors are a sample, not the whole market
  • · Sector regime fit is a historical average, not a guarantee

Every InvestorLens score shows its evidence — including what argues against it. Model conviction-v1 · generated 8/20/2026.

About RESTAURANT BRANDS INTL INC (QSR)

RESTAURANT BRANDS INTL INC (QSR) appears in the most recent 13F filings of 4 tracked institutional investors. RESTAURANT BRANDS INTL INC is classified in the Consumer Discretionary sector (Restaurants industry). The largest disclosed position is held by Bill Ackman (Pershing Square), valued at $1.9B. Across recent filings, tracked investors recorded 5 new positions, 9 increased, 17 reduced, and 2 exited. All data sourced from SEC 13F filings.

Smart Money Consensus™

Based on recent institutional activity in QSR

42
/100
Mixed Activity
Added / Increased14
Reduced17
Exited2
BearishBullish
Crowded Trade Score™

How many top investors track QSR

27
/100
Emerging Interest
4investors

A small number of top investors own this.

UndiscoveredCrowded
151015+

QSR Ownership Composition

How RESTAURANT BRANDS INTL INC is held across tracked investor types, based on reported 13F positions.

Dominant Type
Activist
71% of tracked value
Institutions
4
tracked investors
Total Reported
$2.6B
combined 13F value
Types3
  • Activist71.3%
  • Value & Distressed18.6%
  • Multi-Strategy / Quant10.0%
Activist(1)
71.3%
Value & Distressed(1)
18.6%
Multi-Strategy / Quant(2)
10.0%

Tracked investors currently reporting QSR

3 tracked investors have since exited this position — listed separately below.

  • Bill AckmanJun 30, 2026
    Pershing Square
    Shares
    25.8M
    Value
    $1.9B
    % Portfolio
    9.62%
  • Seth KlarmanJun 30, 2026
    Baupost Group
    Shares
    6.8M
    Value
    $489.6M
    % Portfolio
    9.04%
  • Ken GriffinJun 30, 2026
    Citadel Advisors
    Shares
    3.4M
    Value
    $245.1M
    % Portfolio
    0.03%
  • Izzy EnglanderJun 30, 2026
    Millennium Management
    Shares
    256.5K
    Value
    $18.6M
    % Portfolio
    0.01%

Previously held QSR

These investors reported QSR in an earlier quarter but not in their most recent 13F. Figures below are their last reported position, not a current holding.

InvestorFirmLast reported sharesValue thenLast held
Steve CohenPoint72 Asset Management251.7K$18.6MMar 31, 2026
Stanley DruckenmillerDuquesne Family Office454.4K$33.6MMar 31, 2026
Ray DalioBridgewater Associates105K$7.8MMar 31, 2026

Recent activity

Frequently asked questions

How many institutional investors hold QSR?
4 tracked institutional investors disclosed a position in QSR (RESTAURANT BRANDS INTL INC) in their most recent 13F filing.
Who is the largest institutional holder of QSR?
Bill Ackman, Pershing Square, holds the largest disclosed position in QSR, valued at $1.9B.
Did institutional ownership of QSR increase or decrease?
Across recent 13F filings, tracked investors recorded 5 new positions, 9 increased, 17 reduced, and 2 fully exited QSR.
What sector is QSR in?
RESTAURANT BRANDS INTL INC is classified in the Consumer Discretionary GICS sector, Restaurants industry.
Where does this QSR ownership data come from?
SEC Form 13F-HR filings, accessed via EDGAR. 13F filings are disclosed quarterly with a 45-day reporting delay and cover U.S.-listed long equity positions only. This is not investment advice.