Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Restaurant Brands Intl Inc (QSR)

545 + Investors. Track Smart Money conviction in QSR. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +43
Streak
5Q ▲
Buyers last Q
64%

Smart Money Signals — QSR

Based on 547 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added QSR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
547 hedge funds hold QSR right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +21% more funds vs a year ago

fund count last 6Q
+96 new funds entered over the past year (+21% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 64% buying

345 buying198 selling
Last quarter: 345 funds were net buyers (103 opened a brand new position + 242 added to an existing one). Only 198 were sellers (138 trimmed + 60 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+8 vs last Q)

new funds entering per quarter
Funds opening a new QSR position: 70 → 65 → 95 → 103. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 18% medium ■ 24% new
314 out of 547 hedge funds have held QSR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

72 → 70 → 65 → 95 → 103 new funds/Q
New funds entering each quarter: 70 → 65 → 95 → 103. A growing number of institutions are discovering QSR each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 65% of holders stayed 2+ years

■ 65% veterans ■ 8% 1-2yr ■ 27% new
Of 572 current holders: 370 (65%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
53 of 547 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in QSR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — QSR

In 2026 Q1, 345 hedge funds were net buyers of QSR (103 opened a new position, 242 added to an existing one), while 198 reduced or exited (138 trimmed, 60 sold completely) — a 64% buyer ratio, indicating clear institutional accumulation. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 51% of total institutional value in QSR is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +43 funds (more new holders than closures). Total institutional holders: 547.

Hedge Fund Ownership: QSR

How many hedge funds hold QSR — quarterly history vs. share price
Quarterly hedge fund ownership of QSR vs. share price

Market Analysis: QSR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: QSR

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Restaurant Brands Intl Inc (QSR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much QSR has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 74d ago
QSR
+1.3%
XLY
+7.0%

QSR outperformed XLY by -5.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 29d ago
QSR
-1.3%
XLY
+0.1%

Since the filing became public, QSR outperformed XLY by -1.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

32 top-rated funds 5 high-conviction
Consensus
6.6
/ 10
breadth
×
Elite
3.0
/ 10
conviction
Hedge Fund Positioning: QSR
545 + Investors

Track Smart Money conviction in QSR. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 545 504 8.13%
13F Shares 301M 296M 1.67%
Total Value $21.03B $20.20B 4.08%
New Positions 102 95 +7
Increased Positions 236 194 +42
Closed Positions 61 53 +8
Reduced Positions 130 138 -8
Total Calls 16 15 6.67%
Total Puts 14 12 16.67%
PUT/CALL Ratio 0.88 0.8 Neutral

Statistics: QSR

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

545 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in QSR. Verified SEC 13F-HR filings.

QUARTER:
Top 25 QSR holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Platinum Paramount Investment LTD. 44.16% 4,118,904 $304.4M
2 Pershing Square Capital Management, L.P. 12.20% 22,645,483 $1.67B
3 EdgePoint Investment Group Inc. 11.48% 19,348,137 $1.43B
4 Continental Grain Co 11.30% 559,178 $41.3M
5 MIC Capital Management UK LLP 8.10% 386,203 $28.5M
6 Corvex Management LP 4.64% 1,578,254 $116.6M
7 Inkwell Capital LLC 3.47% 46,119 $3.4M
8 Canoe Financial LP 3.38% 3,348,043 $247.7M
9 Cidel Asset Management Inc 2.79% 693,116 $51.1M
10 Aviso Financial Inc. 2.60% 990,535 $73.2M
11 Quartz Partners, LLC 2.18% 76,304 $5.6M
12 Bank of Nova Scotia Trust Co 2.08% 328,439 $24.3M
13 Scheer, Rowlett & Associates Investment Management Ltd. 1.91% 359,229 $26.6M
14 Guardian Capital LP 1.91% 979,526 $72.3M
15 Fiera Capital Corp 1.69% 6,692,221 $494.4M
16 Night Squared LP 1.59% 146,464 $10.8M
17 Intact Investment Management INC. 1.37% 648,661 $48.0M
18 Davis Selected Advisers 1.22% 3,599,127 $266.0M
19 Hudson Portfolio Management LLC 1.18% 18,902 $1.4M
20 Mufg Securities (canada), LTD. 1.09% 513,703 $37.9M
21 Bank OZK 1.02% 39,039 $2.9M
22 Capital International Ltd /Ca/ 1.02% 370,702 $27.4M
23 Capital Group Investment Management Pte. Ltd. 1.00% 78,994 $5.8M
24 London Co of Virginia 0.91% 2,002,235 $148.0M
25 Addenda Capital Inc. 0.91% 310,216 $32.2M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Restaurant Brands Intl Inc (QSR)

What does the Smart Money Trend signal show for QSR?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added QSR than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for QSR?

More buyers than sellers — 64% buying: Last quarter: 345 funds were net buyers (103 opened a brand new position + 242 added to an existing one). Only 198 were sellers (138 trimmed + 60 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for QSR holders?

Elite ownership — 51% AUM from top-100 funds: 53 of 547 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in QSR. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held QSR?

57% of holders stayed for 2+ years: 314 out of 547 hedge funds have held QSR for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Restaurant Brands Intl Inc (QSR) following the 2026 Q1 hedge fund 13F filings?

As of today, QSR has moved -1.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.1% for the XLY sector ETF — an outperformance of -1.4%. Since the quarter end (March 31, 2026), QSR has gained +1.3% vs +7.0% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →