Question 1

How many shares of QSR does Pershing Square Capital Management, L.P. own?

Accepted Answer

As of 2026-Q1, Pershing Square Capital Management, L.P. holds 22.6M shares of QSR (RESTAURANT BRANDS INTL INC).

Question 2

What is Pershing Square Capital Management, L.P.'s QSR position worth?

Accepted Answer

As of 2026-Q1, Pershing Square Capital Management, L.P.'s QSR position is worth $1.7B.

Question 3

Is Pershing Square Capital Management, L.P. buying or selling QSR?

Accepted Answer

In 2026-Q1, Pershing Square Capital Management, L.P. decreased their QSR position (-1.0% change in shares).

Question 4

When did Pershing Square Capital Management, L.P. first buy QSR?

Accepted Answer

Based on available 13F filings, Pershing Square Capital Management, L.P. first reported a position in QSR in 2024-Q2. They have held the position across 30 quarters.

Quarter	Action	Shares	Change	Value	Weight	Price
2026-Q1 Latest	Decreased	22.6M	-1.0%	$1.7B	12.2%	$72.14
2025-Q4	Decreased	22.9M	-0.2%	$1.6B	10.0%	$68.75
2025-Q3	Decreased	22.9M	-0.4%	$1.5B	10.0%	$65.02
2025-Q2	Unchanged	23M	0.0%	$1.5B	11.1%	$64.15
2025-Q1	Unchanged	23M	0.0%	$1.5B	12.8%	$62.74
2024-Q4	Unchanged	23M	0.0%	$1.5B	11.9%	$62.55
2024-Q3	Decreased	23M	-0.6%	$1.7B	12.8%	$68.08
2024-Q2	Decreased	23.1M	-0.9%	$1.6B	15.6%	$66.66