Restaurant Brands International Inc.

Institutional holders · 13F as of Dec 31, 2025

Holder	Value	Shares	% of shares
Capital World Investors	$2.97B	43,525,570	9.58%
Pershing Square Capital Management, L.P.	$1.67B	22,645,483	4.98%
Royal Bank of Canada	$1.36B	18,386,132	4.05%
EdgePoint Investment Group Inc.	$1.14B	16,645,003	3.66%
BlackRock, Inc.	$1.10B	15,228,770	3.35%
VANGUARD GROUP INC	$1.09B	15,983,585	3.52%
Bank of Montreal	$1.04B	15,219,947	3.35%
Morgan Stanley	$575.12M	8,429,121	1.85%
FMR LLC	$541.94M	7,941,984	1.75%
Fiera Capital Corp	$446.65M	6,168,961	1.36%
GEODE CAPITAL MANAGEMENT, LLC	$420.10M	5,549,070	1.22%
TD ASSET MANAGEMENT INC	$415.93M	5,638,563	1.24%
FIL Limited	$302.30M	4,430,035	0.97%
PLATINUM PARAMOUNT INVESTMENT LTD.	$281.03M	4,118,904	0.91%
DAVIS SELECTED ADVISERS	$265.98M	3,599,127	0.79%
Norges Bank	$260.71M	3,820,684	0.84%
1832 Asset Management L.P.	$260.50M	3,817,946	0.84%
NATIONAL BANK OF CANADA /FI	$259.42M	3,832,184	0.84%
CIBC WORLD MARKET INC.	$251.75M	3,689,706	0.81%
STATE STREET CORPORATION	$246.50M	3,368,699	0.74%
Invesco Ltd.	$236.76M	3,469,979	0.76%
TORONTO DOMINION BANK	$225.71M	3,307,584	0.73%
Meritage Group LP	$218.39M	3,200,731	0.70%
CPPIB Crestone Peak Resources Canada Inc.	$217.63M	2,940,378	0.65%
THE GOLDMAN SACHS GROUP, INC.	$172.17M	2,523,391	0.56%
Canoe Financial LP	$169.89M	2,489,553	0.55%
Corvex Management LP	$164.35M	2,408,743	0.53%
LONDON CO OF VIRGINIA	$147.97M	2,002,235	0.44%
Capital Research Global Investors	$139.20M	2,040,125	0.45%
BANK OF AMERICA CORP /DE	$137.98M	2,022,208	0.44%
MACKENZIE FINANCIAL CORP	$124.74M	1,818,754	0.40%
Legal & General Group Plc	$115.71M	1,693,511	0.37%
JPMORGAN CHASE & CO	$100.35M	1,470,773	0.32%
SCOTIA CAPITAL INC.	$96.71M	1,320,532	0.29%
UBS Group AG	$96.13M	1,408,839	0.31%
CIBC Global Asset Managment Inc.	$95.22M	1,283,774	0.28%
Dimensional Fund Advisors LP	$86.28M	1,264,430	0.28%
Cullen Capital Management, LLC	$81.71M	1,105,654	0.24%
Citadel Advisors LLC	$81.07M	1,188,246	0.26%
MANUFACTURERS LIFE INSURANCE COMPANY, THE	$80.77M	1,181,217	0.26%
Bank of New York Mellon Corp/The	$78.77M	1,065,880	0.23%
PUBLIC SECTOR PENSION INVESTMENT BOARD	$74.49M	1,006,381	0.22%
GUARDIAN CAPITAL LP	$72.25M	979,526	0.22%
Aviso Financial Inc.	$68.28M	1,000,550	0.22%
TD Waterhouse Canada Inc.	$66.23M	974,201	0.21%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$65.59M	959,998	0.21%
NORTHERN TRUST CORP	$64.51M	945,500	0.21%
Epoch Investment Partners, Inc.	$61.58M	833,338	0.18%
Alberta Investment Management Corp	$59.10M	866,100	0.19%
Swiss National Bank	$56.44M	825,430	0.18%