BAUPOST GROUP LLC/MA: QSR position timeline

BAUPOST GROUP LLC/MA held 6,753,112 QSR shares at 2026-06-30 per its 13F-HR filed 2026-08-13.

the latest 13F is the newest step

1. period ended2026-06-30

   13F 6,753,112 shares

   Change vs previous 13F -1,327,000 shares

   9.04% of the 13F portfolio, value $489,612,000.

   13F-HR 0001061768-26-000010 filed by BAUPOST GROUP LLC/MA
   Filed 2026-08-13 (acceptance time not in the bulk data set), ingested 2026-10-06 09:57:27 UTC

   Acceptance time not in the bulk data set (spec §4.2).

2. period ended2026-03-31

   13F 8,080,112 shares

   Change vs previous 13F 0 shares

   11.67% of the 13F portfolio, value $597,208,000.

   13F-HR 0001061768-26-000007 filed by BAUPOST GROUP LLC/MA
   Filed 2026-05-14 (acceptance time not in the bulk data set), ingested 2026-10-06 09:58:43 UTC

   Acceptance time not in the bulk data set (spec §4.2).

3. period ended2025-12-31

   13F 8,080,112 shares

   Change vs previous 13F -172,750 shares

   10.44% of the 13F portfolio, value $551,325,000.

   13F-HR 0001061768-26-000005 filed by BAUPOST GROUP LLC/MA
   Filed 2026-02-13 (acceptance time not in the bulk data set), ingested 2026-10-07 03:01:36 UTC

   Acceptance time not in the bulk data set (spec §4.2).

4. period ended2025-09-30

   13F 8,252,862 shares

   Change vs previous 13F +4,203,300 shares

   11.05% of the 13F portfolio, value $529,337,000.

   13F-HR 0001061768-25-000007 filed by BAUPOST GROUP LLC/MA
   Filed 2025-11-13 (acceptance time not in the bulk data set), ingested 2026-10-07 03:02:25 UTC

   Acceptance time not in the bulk data set (spec §4.2).

5. period ended2025-06-30

   13F 4,049,562 shares

   Change vs previous 13F +163,000 shares

   6.5% of the 13F portfolio, value $268,445,000.

   13F-HR 0001061768-25-000005 filed by BAUPOST GROUP LLC/MA
   Filed 2025-08-13 (acceptance time not in the bulk data set), ingested 2026-10-07 18:23:11 UTC

   Acceptance time not in the bulk data set (spec §4.2).

6. period ended2025-03-31

   13F 3,886,562 shares

   Change vs previous 13F +984,862 shares

   7.41% of the 13F portfolio, value $259,000,000.

   13F-HR 0001061768-25-000003 filed by BAUPOST GROUP LLC/MA
   Filed 2025-05-14 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:06 UTC

   Acceptance time not in the bulk data set (spec §4.2).

7. period ended2024-12-31

   13F 2,901,700 shares

   Change vs previous 13F +2,873,406 shares

   5.51% of the 13F portfolio, value $189,133,000.

   13F-HR 0001061768-25-000002 filed by BAUPOST GROUP LLC/MA
   Filed 2025-02-13 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:55 UTC

   Acceptance time not in the bulk data set (spec §4.2).

8. period ended2024-09-30

   13F 28,294 shares

   Change vs previous 13F not available

   0.06% of the 13F portfolio, value $2,041,000.

   13F-HR 0001061768-24-000005 filed by BAUPOST GROUP LLC/MA
   Filed 2024-11-13 (acceptance time not in the bulk data set), ingested 2026-10-07 18:26:56 UTC

   Acceptance time not in the bulk data set (spec §4.2).