Corvex Management LP — RESTAURANT BRANDS INTERNATIONAL, INC. QSR: Quarterly 13F Position History
Corvex Management LP has reported RESTAURANT BRANDS INTERNATIONAL, INC. (QSR) on 4 13F-HR filings in Pactolio's tracked window, first appearing in Q2 2025. As of Q1 2026, the position is sized at 1,578,254 shares ($116.6M market value, 4.64% of the equity book). Quarter-over-quarter share count change: 830,489 (-34.5%) .
- 1,578,254Shares Held (Latest Filing)
- $116.6MReported Market Value (Latest Filing)
- 4.64%Portfolio Weight (% of 13F Equity Book)
- 830,489Quarter-over-Quarter Share Change
- -$47.7MQuarter-over-Quarter Value Change
- 2,408,743Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 4 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,578,254 | 830,489 | -34.5% | $116.6M | 4.64% | $73.90 |
| Q4 2025 | 2,408,743 | 0 | — | $164.3M | 5.47% | $68.23 |
| Q3 2025 | 2,408,743 | +1,535,560 | +175.9% | $154.5M | 5.53% | $64.14 |
| Q2 2025 | 873,183 | — | — | $57.9M | 2.45% | $66.29 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Corvex Management LP first disclose a QSR position in 13F-HR filings?
Corvex Management LP first reported RESTAURANT BRANDS INTERNATIONAL, INC. (QSR) on its 13F-HR filing for the period ending 2025-06-30 (Q2 2025). The position has appeared on 4 reported quarters within Pactolio's tracked window.
What was Corvex Management LP's most recent quarter-over-quarter share-count change in QSR?
Between Q4 2025 and Q1 2026, Corvex Management LP reduced its QSR position by 830,489 shares (-34.5%), leaving 1,578,254 shares at a market value of $116.6M.
Does the implied price-per-share represent Corvex Management LP's cost basis in QSR?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.