SEC 13F Intelligence

Pershing Square Capital Management, L.P. / QSR

Pershing Square Capital Management, L.P.’s Restaurant Brands Intl Inc Position

Does Pershing Square Capital Management, L.P. own Restaurant Brands Intl Inc (QSR)? Yes — 22.65M shares worth $1.7B (+12.20% of its 13F portfolio) as of Q1 2026, down from 22.87M shares the prior filed quarter.

Position Value
$1.7B
Q1 2026
Shares
22.65M
% of Portfolio
+12.20%
Quarters Held
30
currently held

Position History QSR

Reported value by quarter
Q4 ’18: $1.0BQ4 ’18Q1 ’19: $1.2BQ2 ’19: $1.1BQ3 ’19: $1.1BQ4 ’19: $962MQ4 ’19Q1 ’20: $604MQ2 ’20: $1.4BQ3 ’20: $1.4BQ4 ’20: $1.5BQ4 ’20Q1 ’21: $1.6BQ2 ’21: $1.5BQ3 ’21: $1.5BQ4 ’21: $1.5BQ4 ’21Q1 ’22: $1.4BQ2 ’22: $1.2BQ3 ’22: $1.3BQ4 ’22: $1.6BQ4 ’22Q1 ’23: $1.6BQ2 ’23: $1.8BQ3 ’23: $1.6BQ4 ’23: $1.8BQ4 ’23Q1 ’24: $1.9BQ2 ’24: $1.6BQ3 ’24: $1.7BQ4 ’24: $1.5BQ4 ’24Q1 ’25: $1.5BQ2 ’25: $1.5BQ3 ’25: $1.5BQ4 ’25: $1.6BQ4 ’25Q1 ’26: $1.7Bfilingsflow.com
QuarterSharesValue% of Portfolio
Q1 202622.65M$1.7B+12.20%
Q4 202522.87M$1.6B+10.05%
Q3 202522.92M$1.5B+10.04%
Q2 202523.00M$1.5B+11.11%
Q1 202523.00M$1.5B+12.85%
Q4 202423.00M$1.5B+11.88%
Q3 202423.00M$1.7B+12.84%
Q2 202423.14M$1.6B+15.64%
Q1 202423.35M$1.9B+17.24%
Q4 202323.35M$1.8B+17.55%
Q3 202323.35M$1.6B+14.82%
Q2 202323.35M$1.8B+16.73%
Q1 202324.19M$1.6B+15.90%
Q4 202224.19M$1.6B+17.81%
Q3 202224.19M$1.3B+16.33%
Q2 202223.82M$1.2B+16.01%
Q1 202223.86M$1.4B+13.41%
Q4 202123.94M$1.5B+13.73%
Q3 202123.94M$1.5B+15.48%
Q2 202123.70M$1.5B+14.26%
Q1 202123.93M$1.6B+14.87%
Q4 202025.04M$1.5B+15.30%
Q3 202025.12M$1.4B+16.37%
Q2 202025.12M$1.4B+17.70%
Q1 202015.08M$604M+9.19%
Q4 201915.08M$962M+14.68%
Q3 201915.08M$1.1B+17.13%
Q2 201915.64M$1.1B+16.21%
Q1 201918.34M$1.2B+17.78%
Q4 201819.69M$1.0B+17.28%

Common-stock position only; options are excluded. Quarters where the fund filed no 13F or reported no position are absent. See Pershing Square Capital Management, L.P.’s full portfolio or all institutional holders of QSR.