Restaurant Brands International Inc. (QSR): Insider Trades and Fund Holdings
In the past 12 months, Restaurant Brands International Inc. insiders reported 0 open-market purchases worth $0 and 2 sales worth $9.84M; 0 of the sales were reported as made under a 10b5-1 trading plan.
Timeline: news and trades
Company filings (8-K), insider trades, notices of planned sales (Form 144) and fund moves in the past year, newest first.
- Sep 4, 2026Insider salePres., Tim Hortons US & Canada Axel Schwan sold $4.7 million
- Aug 21, 2026Insider salePres., BK US & CA Thomas Benjamin Curtis sold $5.2 million
- Jun 30, 2026FundBridgewater Associates cut 11% in Q2 2026 (13F filed Aug 14, 2026)
- Jun 30, 2026FundDuquesne Family Office sold out in Q2 2026 (13F filed Aug 14, 2026)
- Jun 30, 2026FundBaupost Group cut 16% in Q2 2026 (13F filed Aug 13, 2026)
- Mar 31, 2026FundPershing Square Capital cut 1% in Q1 2026 (13F filed May 15, 2026)
Recent insider trades
Open-market purchases (code P) and sales (code S) from Form 4. Grants, option exercises and gifts are not shown. Latest filing: Sep 9, 2026.
| Filed | Insider | Type | Value |
|---|---|---|---|
| Sep 9 | Axel SchwanPres., Tim Hortons US & Canada | ▼ SELL | $4.67M |
| Aug 25 | Thomas Benjamin CurtisPres., BK US & CA | ▼ SELL | $5.17M |
Insiders who traded in the past year
| Insider | Role | Buys | Bought | Sells | Sold |
|---|---|---|---|---|---|
| Axel Schwan | Pres., Tim Hortons US & Canada | 0 | $0 | 1 | $4.67M |
| Thomas Benjamin Curtis | Pres., BK US & CA | 0 | $0 | 1 | $5.17M |
Buybacks and executive pay
| Year | CEO pay reported | CEO pay "actually paid" | Value of $100 invested |
|---|---|---|---|
| 2025 | $15.2M | $18.1M | n/a |
| 2024 | $14.5M | −$28.1M | n/a |
From the company's XBRL data filed with the SEC. "Actually paid" is the SEC's pay-versus-performance measure, which counts changes in the value of stock awards. "Value of $100 invested" is the company's cumulative shareholder return as reported, usually measured from five years earlier. See all buybacks and CEO pay across companies.
Tracked funds that report QSR
From each fund's latest 13F. Holdings are as of quarter end and are filed up to 45 days later.
| Fund | Shares | Value | Change |
|---|---|---|---|
| Pershing Square Capital | 22,645,483 | $1.67B | ▼ −1.0% |
| Bridgewater Associates | 93,449 | $6.78M | ▼ −11.0% |
| Baupost Group | 6,753,112 | $490K | ▼ −16.4% |
| Duquesne Family Office | 0 | $0 | ▼ Sold out |
Reading these numbers
Insiders sell for many reasons: taxes, diversification, a house. Purchases with their own money are rarer and are usually read as more informative. A Form 4 is due within two business days of the trade. How to read a Form 4 →