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What smart money is saying about Restaurant Brands International Inc.United States flag

QSR · Consumer Cyclical · Restaurants · Market cap $22.23B

2 funds in our archive have pitched Restaurant Brands International Inc., most recently Pershing Square Holdings, Ltd. in September 2026.

Company profile

Restaurant Brands International Inc. (RBI), a prominent quick-service restaurant enterprise, maintains its headquarters in Toronto, Canada. Established in 1954, the company operates globally, managing and franchising four distinct and widely recognized brands: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). Through its Tim Hortons segment, RBI offers a diverse menu at its coffee, tea, and donut establishments. This includes a selection of hot and cold specialty beverages like espresso-based drinks, a variety of freshly baked goods such as donuts, Timbits, bagels, muffins, cookies, and pastries, alongside savory options like grilled paninis, classic sandwiches, wraps, and soups. Burger King, a renowned fast-food hamburger chain within RBI's portfolio, provides patrons with its signature flame-grilled hamburgers, an array of chicken and other specialized sandwiches, French fries, and various soft drinks. The company's Popeyes Louisiana Kitchen outlets are celebrated for their distinctive Louisiana-style fried chicken, chicken tenders, and fried shrimp and other seafood options, complemented by regional specialties like red beans and rice. Furthermore, RBI's Firehouse Subs restaurants serve a range of submarine sandwiches, beverages, and local culinary delights. Demonstrating significant international reach, RBI had approximately 29,000 restaurants spread across 100 countries under its four brands as of February 15, 2022.

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3
Reported positions
1
Bought
0
Sold
4
Letters

Position history

Between Q2 2025 and Q3 2026, 3 fund letters reported a position in Restaurant Brands International Inc., with 1 buy (opened or added).

Fund letters reporting a position in Restaurant Brands International Inc., by quarter
QuarterLettersBoughtSoldTheses
Q3 20260001
Q2 20262000
Q2 20251101

Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.

Fund activity · 3 positions · 1 move

Fund coverage · 2 theses

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