Capital Research Global Investors Reports 6.6% Stake in RBI
Ticker: QSR · Form: SC 13G · Filed: 2024-02-09T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, SC-13G, stake-disclosure
TL;DR
**Capital Research Global Investors just disclosed a 6.6% stake in Restaurant Brands International.**
AI Summary
Capital Research Global Investors, a Delaware-based investment firm, reported owning 29,997,975 shares of Restaurant Brands International Inc. (RBI) common stock as of December 29, 2023. This represents a 6.6% ownership stake in the company, making them a significant institutional shareholder. This matters to investors because large institutional holdings can signal confidence in the company's future, but also means a large block of shares could be sold, potentially impacting the stock price.
Why It Matters
This filing reveals a major institutional investor's significant stake in Restaurant Brands International, indicating their belief in the company's value and potentially influencing market perception.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of an institutional ownership stake and does not inherently present a high risk.
Analyst Insight
An investor should note this significant institutional ownership as a potential indicator of long-term value, but also monitor future filings for any changes in Capital Research Global Investors' position, which could signal a shift in their outlook on RBI.
Key Numbers
- 29,997,975 — Shares Beneficially Owned (Represents the total number of common stock shares of Restaurant Brands International Inc. held by Capital Research Global Investors.)
- 6.6% — Percentage of Class Owned (Indicates the proportion of Restaurant Brands International Inc.'s common stock that Capital Research Global Investors beneficially owns.)
Key Players & Entities
- Capital Research Global Investors (company) — the reporting person and institutional investor
- Restaurant Brands International Inc. (company) — the subject company whose shares are being reported
- 29,997,975 (dollar_amount) — number of shares beneficially owned
- 6.6% (dollar_amount) — percentage of class owned
- December 29, 2023 (dollar_amount) — date of event requiring the filing
Forward-Looking Statements
- Capital Research Global Investors will maintain a significant stake in RBI for the foreseeable future. (Capital Research Global Investors) — medium confidence, target: 12/29/2024
FAQ
Who is the reporting person in this SC 13G filing?
The reporting person is Capital Research Global Investors, as stated in item 1 of the cover page and the 'FILED BY' section.
What is the subject company whose shares are being reported?
The subject company is Restaurant Brands International Inc., as indicated in the 'SUBJECT COMPANY' section and the 'Name of Issuer' on the cover page.
How many shares of Restaurant Brands International Inc. common stock does Capital Research Global Investors beneficially own?
Capital Research Global Investors beneficially owns 29,997,975 shares of common stock, as per the filing's data.
What percentage of Restaurant Brands International Inc.'s common stock does Capital Research Global Investors own?
Capital Research Global Investors owns 6.6% of the class of common stock, as stated in the filing.
What was the date of the event that triggered this SC 13G filing?
The date of the event which required the filing of this statement was December 29, 2023, as specified on the cover page.
From the Filing
0001422848-24-000012.txt : 20240212 0001422848-24-000012.hdr.sgml : 20240212 20240212101223 ACCESSION NUMBER: 0001422848-24-000012 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Restaurant Brands International Inc. CENTRAL INDEX KEY: 0001618756 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: Z4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-88464 FILM NUMBER: 24617848 BUSINESS ADDRESS: STREET 1: 130 KING STREET WEST STREET 2: SUITE 300 CITY: TORONTO STATE: A6 ZIP: M5X 1E1 BUSINESS PHONE: (905) 845-6511 MAIL ADDRESS: STREET 1: 130 KING STREET WEST STREET 2: SUITE 300 CITY: TORONTO STATE: A6 ZIP: M5X 1E1 FORMER COMPANY: FORMER CONFORMED NAME: 9060669 Canada Inc. DATE OF NAME CHANGE: 20141028 FORMER COMPANY: FORMER CONFORMED NAME: 1011773 B.C. Unlimited Liability Co DATE OF NAME CHANGE: 20140905 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Capital Research Global Investors CENTRAL INDEX KEY: 0001422848 ORGANIZATION NAME: IRS NUMBER: 951411037 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FL CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-486-9200 MAIL ADDRESS: STREET 1: 333 SOUTH HOPE STREET STREET 2: 55TH FL CITY: LOS ANGELES STATE: CA ZIP: 90071 SC 13G 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. _ ) * Restaurant Brands International Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 76131D103 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 76131D103 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital Research Global Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 24,010,147 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 24,012,659 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 24,012,659 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.6% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Restaurant Brands International Inc. (b) Address of Issuer's Principal Executive Offices 130 King Street West, Suite 300, Toronto, QC M5X 1E1, Canada Item 2. (a) Name of Person Filing Capital Research Global Investors (b) Address of Principal Business Office or, if None, Residence 333 South Hope Street, 55th Fl, Los Angeles, CA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 76131D103 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Chec