Restaurant Brands International Inc.
Ownership
Ownership Structure
Who owns Restaurant Brands International Inc. (QSR)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 91.1% of the shares are freely tradable; institutional investors hold 92.9%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Capital World Investors | 12.58 | 43,862,952 | +2.3 | 06/30/2026 |
| Pershing Square Capital Management, L.P. | 6.49 | 22,645,483 | -1.0 | 03/31/2026 |
| Royal Bank of Canada | 5.27 | 18,386,132 | -0.9 | 03/31/2026 |
| EdgePoint Investment | 4.92 | 17,171,552 | -11.2 | 06/30/2026 |
| Bank of Montreal | 3.24 | 11,295,632 | +25.3 | 06/30/2026 |
| Vanguard Capital Management, LLC | 2.96 | 10,311,116 | +0.0 | 03/31/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Pershing Square Holdings Ord | 5.94 | 20,710,238 | +0.0 | 12/31/2025 |
| Capital Group New Perspective Comp | 3.35 | 11,694,954 | +0.0 | 06/30/2026 |
| American Funds New Perspective A | 3.35 | 11,694,954 | +0.0 | 06/30/2026 |
| American Funds Fundamental Invs A | 2.81 | 9,809,955 | +0.0 | 06/30/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Schwan Axel | Pres., Tim Hortons US & Canada | 209,908 | 15,386,251 $ | Sep 4, 2026 | direct |
| Curtis Thomas Benjamin | Pres., BK US & CA | 38,216 | 2,801,248 $ | Aug 21, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 4, 2026 | Schwan Axel | Pres., Tim Hortons US & Canada | Sell | 57,574 | 81.14 | 4,671,716 |
| Sep 4, 2026 | Schwan Axel | Pres., Tim Hortons US & Canada | Other | 30,000 | 64.75 | 1,942,500 |
| Sep 4, 2026 | Schwan Axel | Pres., Tim Hortons US & Canada | Other | 40,000 | 58.44 | 2,337,600 |
| Aug 21, 2026 | Curtis Thomas Benjamin | Pres., BK US & CA | Sell | 64,000 | 80.72 | 5,166,048 |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.