Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
528 institutional managers reported holding QSR for the quarter ended Mar 31, 2026. Together they hold about 66% of shares outstanding; the top 10 hold 35%. 96 opened new positions; 58 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| Capital Group (American Funds) | 42.86M | 9.34% | $3.17B | trimmed -1.5% | 2018 Q2 |
| Pershing Square (focused) | 22.65M | 4.93% | $1.67B | trimmed -1% | 2014 Q4 |
| EdgePoint Investment Group INC. (focused) | 19.35M | 4.21% | $1.43B | added +16.2% | 2014 Q4 |
| Royal Bank OF Canada | 18.39M | 4.01% | $1.36B | trimmed -0.9% | 2014 Q4 |
| Vanguard Group | 17.15M | 3.74% | $1.27B | added +7.2% | 2014 Q4 |
| Bank OF Montreal /CAN/ | 9.01M | 1.96% | $666.0M | trimmed -40.8% | 2015 Q1 |
| FMR (Fidelity) | 8.26M | 1.80% | $610.3M | added +4% | 2014 Q4 |
| Baupost Group (focused) | 8.08M | 1.76% | $597.1M | unchanged | 2024 Q3 |
| BlackRock | 7.99M | 1.74% | $590.4M | added +6.2% | 2014 Q4 |
| Morgan Stanley | 7.32M | 1.59% | $541.1M | trimmed -13.1% | 2014 Q4 |
| Goldman Sachs | 7.11M | 1.55% | $525.7M | added +181.9% | 2014 Q4 |
| Cibc World Market INC. | 6.76M | 1.47% | $499.6M | added +83.2% | 2014 Q4 |
| Fiera Capital CORP | 6.69M | 1.46% | $494.6M | trimmed -2.1% | 2014 Q4 |
| TD Asset Management INC | 5.64M | 1.23% | $416.7M | added +1.7% | 2014 Q4 |
| Geode Capital | 5.55M | 1.21% | $410.1M | added +6.4% | 2014 Q4 |
| Beutel, Goodman & CO LTD. | 5.10M | 1.11% | $376.8M | trimmed -8.1% | 2020 Q4 |
| Bank OF America CORP /DE/ | 4.93M | 1.07% | $364.5M | added +143.9% | 2014 Q4 |
| Platinum Paramount Investment LTD. (focused) | 4.12M | 0.90% | $304.4M | unchanged | 2025 Q4 |
| Davis Selected Advisers | 3.60M | 0.78% | $266.0M | trimmed -10.5% | 2025 Q1 |
| 1832 Asset Management L.p. | 3.59M | 0.78% | $265.0M | trimmed -6.1% | 2015 Q1 |
| National Bank OF Canada /FI/ | 3.55M | 0.77% | $262.6M | trimmed -7.3% | 2021 Q4 |
| Invesco | 3.54M | 0.77% | $261.8M | added +2.1% | 2014 Q4 |
| State Street | 3.51M | 0.77% | $259.7M | added +11.4% | 2014 Q4 |
| FIL LTD | 3.50M | 0.76% | $259.0M | trimmed -20.9% | 2018 Q2 |
| Canoe Financial LP | 3.35M | 0.73% | $247.4M | added +34.5% | 2023 Q1 |
| CPP Investment Board | 2.94M | 0.64% | $217.3M | added +6.9% | 2014 Q4 |
| Capital Research Global Investors | 2.51M | 0.55% | $185.4M | added +23% | 2022 Q2 |
| TD Waterhouse Canada INC. | 2.36M | 0.51% | $174.5M | added +142.4% | 2021 Q4 |
| Citadel Advisors | 2.08M | 0.45% | $153.5M | added +74.8% | 2014 Q4 |
| London CO OF Virginia | 2.00M | 0.44% | $148.0M | opened | 2026 Q1 |
| Toronto Dominion Bank | 1.77M | 0.39% | $130.5M | trimmed -46.6% | 2014 Q4 |
| Legal & General Group PLC | 1.73M | 0.38% | $127.5M | added +1.9% | 2014 Q4 |
| UBS | 1.68M | 0.37% | $124.1M | added +18.3% | 2014 Q4 |
| Mackenzie Financial CORP | 1.67M | 0.36% | $123.4M | trimmed -8.2% | 2015 Q1 |
| Corvex Management LP (focused) | 1.58M | 0.34% | $116.6M | trimmed -34.5% | 2025 Q2 |
| Bank OF Nova Scotia | 1.42M | 0.31% | $105.2M | added +23.5% | 2015 Q1 |
| Dimensional Fund Advisors | 1.37M | 0.30% | $101.5M | added +8.6% | 2014 Q4 |
| Scotia Capital INC. | 1.32M | 0.29% | $97.6M | trimmed -9.4% | 2015 Q1 |
| Cibc Asset Management INC | 1.28M | 0.28% | $94.9M | trimmed -2.5% | 2014 Q4 |
| Connor, Clark & Lunn Investment Management LTD. | 1.15M | 0.25% | $85.2M | added +102.3% | 2014 Q4 |
| Swiss National Bank | 1.11M | 0.24% | $81.8M | added +34.2% | 2014 Q4 |
| Cullen Capital Management, LLC | 1.11M | 0.24% | $81.7M | opened | 2026 Q1 |
| Manufacturers Life Insurance Company, THE | 1.10M | 0.24% | $81.5M | trimmed -6.7% | 2014 Q4 |
| BNY Mellon | 1.07M | 0.23% | $78.8M | added +6.5% | 2014 Q4 |
| Charles Schwab Investment Management | 1.05M | 0.23% | $77.5M | added +9.3% | 2024 Q2 |
| Public Sector Pension Investment Board | 1.01M | 0.22% | $74.4M | added +1912.5% | 2014 Q4 |
| Aviso Financial INC. | 990.5k | 0.22% | $73.2M | trimmed -1% | 2024 Q2 |
| Guardian Capital LP | 989.0k | 0.21% | $73.1M | added +11% | 2020 Q4 |
| Northern Trust | 968.0k | 0.21% | $71.5M | added +2.4% | 2014 Q4 |
| Envestnet Asset Management INC | 907.4k | 0.20% | $67.1M | added +93.8% | 2016 Q4 |
Largest 50 of 528 shown; the full ranked, searchable register is at boothcheck.com/holders/QSR. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.