QSR - Restaurant Brands International
Printed from CEF Radar (cefradar.com). Source: public filings at the U.S. Securities and Exchange Commission. Last checked: Nov 2, 2026, 1:39 a.m. New York time.
QSR is a company, not a closed-end fund. We still track it - notices about it are below - but most of this site is about funds.
Is anyone targeting this fund?
Yes - 2 large investors hold stakes in this company, and 1 of them is pushing for changes.
- Pershing Square owns 7.8% and has said it may push for changes. Since April 29, 2024.
- Vanguard Capital Management owns 5% as a passive investor. On file since Oct 30, 2026.
What this means for you
Pershing Square has told the regulator it may push for changes at this company. That usually means asking for a seat on the board, a sale of the company, or a change in how it is run.
Nothing is required of you now.
Large investors can also sell down and walk away. We show every notice they file, the day it is filed.
What happened, and when
-
Oct 30, 2026
Vanguard Capital Management now owns 5%, as a passive investor.
Original document → -
May 8, 2026
Pershing Square raised its stake to 7.8% (from 6.5%). It has said it may push for changes.
Original document → -
April 29, 2026
Pershing Square cut its stake to 6.5% (from 8.5%). It has said it may push for changes.
Original document → -
July 18, 2024
Pershing Square filed an updated notice; it still owns 8.5%. It has said it may push for changes.
Original document → -
April 29, 2024
Pershing Square now owns 8.5%. It has said it may push for changes.
Original document →
Details: all notices, events and fund facts
| Date | Investor | Stake | Type of notice |
|---|---|---|---|
| Oct 30, 2026 | Vanguard Capital Management | 5% | Passive investor |
| May 8, 2026 | Pershing Square | 7.8% | Updated notice |
| April 29, 2026 | Pershing Square | 6.5% | Updated notice |
| July 18, 2024 | Pershing Square | 8.5% | Updated notice |
| April 29, 2024 | Pershing Square | 8.5% | Updated notice |
No announcements from the fund on file. Most funds announce their payout on their own website, not in a filing with the regulator, so a cut or a raise there does not show up here.
- Run by
- not filed yet
- Fund family
- not filed yet
- Exchange
- New York Stock Exchange
See this fund's page at the SEC →
Email me when something new is filed for QSR
Free. One email when a large investor files a notice, or when the fund announces a buy-back, a vote or a closing - usually within a day. No password. Most funds announce payout changes on their own website, where we do not look.