In a notable portfolio shift, Stanley Druckenmiller's Duquesne Family Office completely sold its position in Restaurant Brands International (QSR), the parent company of Burger King and Popeyes. The firm liquidated its entire stake of 454,435 shares, which was valued at approximately $33.6 million at the end of the first quarter and represented nearly 1% of the portfolio.
This trade was disclosed in a quarterly 13F filing on August 14, 2026, which details holdings as of June 30, 2026. Therefore, the sale occurred sometime between April 1 and the end of June. During the second quarter, Restaurant Brands reported that strong performance at Burger King, driven by its "Reclaim the Flame" initiative, helped the company beat earnings per share estimates.