MCDONALDS CORP MCD
COM · Common Stock · CUSIP 580135101 · ISIN US5801351017
American fast food restaurant chain
- SectorConsumer discretionary
- IndustryRetail-Eating Places
- HeadquartersChicago, IL
- Founded1940
- Websitemcdonalds.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.0bn this quarter). Holder counts are more reliable. Shares outstanding: 707.6m as of 2026-06-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $270.30. Options: 63 managers hold calls ($2.4bn notional), 55 hold puts ($2.4bn).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,703 |
| Q4 2022 | 2,926 |
| Q1 2023 | 2,952 |
| Q2 2023 | 3,010 |
| Q3 2023 | 3,002 |
| Q4 2023 | 3,191 |
| Q1 2024 | 3,173 |
| Q2 2024 | 3,088 |
| Q3 2024 | 3,171 |
| Q4 2024 | 3,391 |
| Q1 2025 | 3,424 |
| Q2 2025 | 3,424 |
| Q3 2025 | 3,422 |
| Q4 2025 | 3,581 |
| Q1 2026 | 3,595 |
| Q2 2026 | 3,460 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 1,391 | 1,428 |
| Q4 2024 | 1,401 | 1,383 |
| Q1 2025 | 1,576 | 1,496 |
| Q2 2025 | 1,514 | 1,513 |
| Q3 2025 | 1,593 | 1,420 |
| Q4 2025 | 1,496 | 1,533 |
| Q1 2026 | 1,613 | 1,571 |
| Q2 2026 | 1,464 | 1,741 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $2.8bn | $2.7bn | 0.98 |
| Q4 2025 | $2.4bn | $2.4bn | 1.03 |
| Q1 2026 | $2.0bn | $2.1bn | 1.04 |
| Q2 2026 | $2.4bn | $2.4bn | 1.01 |
Biggest buyers
| Capital Research Global Investors | Added | +2.1m |
| SG Americas Securities, LLC | Added | +864.0k |
| Assenagon Asset Management S.A. | Added | +771.6k |
| FRANKLIN RESOURCES INC | Added | +692.6k |
| STATE STREET CORP | Added | +646.7k |
| Point72 Asset Management, L.P. | New | +645.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +627.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +620.3k |
| GQG Partners LLC | New | +601.4k |
| NATIONAL BANK OF CANADA /FI/ | Added | +574.4k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -5.7m |
| DIAMANT ASSET MANAGEMENT, INC. | Reduced | -2.6m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.2m |
| VIKING GLOBAL INVESTORS LP | Reduced | -795.9k |
| Alyeska Investment Group, L.P. | Sold out | -755.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -754.4k |
| California Public Employees Retirement System | Reduced | -745.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -738.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -710.1k |
| TD Asset Management Inc | Reduced | -676.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $731.1m2.7m shares |
| JANE STREET GROUP, LLC | Added | $425.4m1.6m shares |
| CITADEL ADVISORS LLC | Reduced | $301.5m1.1m shares |
| IMC-Chicago, LLC | Added | $225.4m833.9k shares |
| SIMPLEX TRADING, LLC | Added | $106.4m393.5k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $56.0m207.0k shares |
| Walleye Trading LLC | Added | $54.7m202.4k shares |
| ROYAL BANK OF CANADA | Added | $54.1m200.0k shares |
| UBS Group AG | Reduced | $53.7m198.7k shares |
| Qube Research & Technologies Ltd | Added | $43.1m159.4k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $527.5m2.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $465.4m1.7m shares |
| CITADEL ADVISORS LLC | Added | $299.7m1.1m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $185.9m687.7k shares |
| IMC-Chicago, LLC | Added | $172.3m637.6k shares |
| CITIGROUP INC | Added | $142.2m526.2k shares |
| NATIONAL BANK OF CANADA /FI/ | New | $54.6m2.0k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $54.2m200.5k shares |
| BARCLAYS PLC | Added | $47.2m174.7k shares |
| Walleye Trading LLC | Added | $45.0m166.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| STATE STREET CORP 13G · institution +0.1 pts · filed 2026-08-07 | 5.1% |
Fell to 5% or below in the last year: JPMORGAN CHASE & CO (4.3%, 2026-07-22), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 4 | $4.1m | $4.1m |
| Q1 2025 | 0 | — | 7 | $12.5m | $1.0m |
| Q2 2025 | 0 | — | 2 | $2.8m | $865.8k |
| Q3 2025 | 0 | — | 4 | $3.8m | $3.4m |
| Q4 2025 | 0 | — | 5 | $13.2m | $12.3m |
| Q1 2026 | 0 | — | 5 | $24.0m | $22.0m |
| Q2 2026 | 0 | — | 2 | $3.3m | $3.3m |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-10 | Erlinger Joseph M. President, McDonald's USA | Sold plan | $1.5m5.3k shares |
| 2026-05-28 | Ralls-Morrison Desiree EVP, Chief Legal Officer | Sold plan | $769.1k2.8k shares |
| 2026-05-26 | Erlinger Joseph M. President, McDonald's USA | Sold plan | $93.3k333 shares |
| 2026-04-23 | Erlinger Joseph M. President, McDonald's USA | Sold plan | $100.8k333 shares |
| 2026-04-10 | Erlinger Joseph M. President, McDonald's USA | Sold plan | $806.2k2.6k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.22% of their portfolio | 55.4m $15.0bn | Added +83.3k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.27% of their portfolio | 46.4m $12.5bn | Added +180.7k |
| STATE STREET CORP 0.29% of their portfolio | 36.1m $9.8bn | Added +646.7k |
| JPMORGAN CHASE & CO 0.50% of their portfolio | 31.9m $8.5bn | Reduced -5.7m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.23% of their portfolio | 18.8m $5.1bn | Reduced -323.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.26% of their portfolio | 18.1m $4.9bn | Added +152.6k |
| MORGAN STANLEY 0.21% of their portfolio | 15.0m $4.1bn | Reduced -591.1k |
| BANK OF AMERICA CORP /DE/ 0.19% of their portfolio | 11.0m $3.0bn | Reduced -1.2m |
| NORGES BANK 0.27% of their portfolio | 9.9m $2.7bn | Not comparable |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.24% of their portfolio | 9.0m $2.4bn | Reduced -710.1k |
| Capital Research Global Investors 0.34% of their portfolio | 9.0m $2.4bn | Added +2.1m |
| WELLS FARGO & COMPANY/MN 0.38% of their portfolio | 8.1m $2.2bn | Added +81.1k |
| NORTHERN TRUST CORP 0.25% of their portfolio | 7.9m $2.1bn | Reduced -301.2k |
| ROYAL BANK OF CANADA 0.30% of their portfolio | 6.6m $1.8bn | Reduced -185.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.22% of their portfolio | 6.2m $1.7bn | Added +620.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.29% of their portfolio | 5.8m $1.6bn | Reduced -754.4k |
| UBS Group AG 0.25% of their portfolio | 5.8m $1.6bn | Added +147.1k |
| Bank of New York Mellon Corp 0.22% of their portfolio | 5.0m $1.4bn | Reduced -127.9k |
| FRANKLIN RESOURCES INC 0.29% of their portfolio | 4.9m $1.3bn | Added +692.6k |
| Legal & General Group Plc 0.25% of their portfolio | 4.4m $1.2bn | Reduced -343.2k |
| GOLDMAN SACHS GROUP INC 0.12% of their portfolio | 4.3m $1.2bn | Reduced -738.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.51% of their portfolio | 4.3m $1.2bn | Added +627.3k |
| Gallagher Fiduciary Advisors, LLC 37.83% of their portfolio | 4.3m $1.1bn | Reduced -73.3k |
| AMERIPRISE FINANCIAL INC 0.23% of their portfolio | 4.2m $1.1bn | Reduced -101.3k |
| VANGUARD FIDUCIARY TRUST CO 0.24% of their portfolio | 4.0m $1.1bn | Reduced -24.0k |
| Invesco Ltd. 0.08% of their portfolio | 3.8m $1.0bn | Added +273.2k |
| Amundi 0.23% of their portfolio | 3.5m $951.6m | Reduced -544.6k |
| FMR LLC 0.04% of their portfolio | 3.2m $862.9m | Reduced -406.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.14% of their portfolio | 3.1m $831.5m | Reduced -338.8k |
| Nuveen, LLC 0.19% of their portfolio | 2.9m $795.2m | Reduced -420.3k |
| VIKING GLOBAL INVESTORS LP 2.18% of their portfolio | 2.8m $764.7m | Reduced -795.9k |
| Fayez Sarofim & Co 1.75% of their portfolio | 2.8m $746.3m | Added +56.5k |
| RAYMOND JAMES FINANCIAL INC 0.19% of their portfolio | 2.6m $711.8m | Added +52.8k |
| PNC Financial Services Group, Inc. 0.34% of their portfolio | 2.5m $689.1m | Reduced -64.0k |
| BARCLAYS PLC 0.21% of their portfolio | 2.5m $672.5m | Added +233.5k |
| DEUTSCHE BANK AG\ 0.17% of their portfolio | 2.2m $592.9m | Reduced -254.3k |
| Swiss National Bank 0.28% of their portfolio | 2.0m $541.6m | Reduced -86.4k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 1.9m $523.4m | Added +27.2k |
| NEUBERGER BERMAN GROUP LLC 0.35% of their portfolio | 1.9m $522.2m | Reduced -8.6k |
| Capital Wealth Planning, LLC 2.59% of their portfolio | 1.9m $519.5m | Reduced -219.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.29% of their portfolio | 1.9m $510.0m | Reduced -14.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.28% of their portfolio | 1.9m $502.6m | Added +118.7k |
| SG Americas Securities, LLC 0.28% of their portfolio | 1.8m $494.0m | Added +864.0k |
| Jupiter Topco LLC 0.20% of their portfolio | 1.8m $482.2m | First filing |
| HSBC HOLDINGS PLC 0.23% of their portfolio | 1.7m $468.3m | Added +356.5k |
| LPL Financial LLC 0.10% of their portfolio | 1.7m $456.5m | Added +76.4k |
| 1832 Asset Management L.P. 0.56% of their portfolio | 1.7m $453.6m | Added +139.6k |
| BESSEMER GROUP INC 0.62% of their portfolio | 1.7m $448.9m | Added +334.7k |
| National Pension Service 0.29% of their portfolio | 1.7m $448.3m | Added +43.1k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.29% of their portfolio | 1.6m $430.7m | Added +157.5k |
| Capital International Investors 0.09% of their portfolio | 1.6m $420.5m | Reduced -7.4k |
| Vanguard Global Advisers, LLC 0.19% of their portfolio | 1.5m $415.1m | Reduced -24.8k |
| ALLIANCEBERNSTEIN L.P. 0.15% of their portfolio | 1.5m $467.2m | Reduced -444.6k |
| HighTower Advisors, LLC 0.38% of their portfolio | 1.5m $397.8m | Added +97.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.20% of their portfolio | 1.4m $368.3m | Added +227.4k |
| BANK OF MONTREAL /CAN/ 0.13% of their portfolio | 1.3m $364.2m | Reduced -53.9k |
| California Public Employees Retirement System 0.20% of their portfolio | 1.3m $351.8m | Reduced -745.2k |
| NATIONAL BANK OF CANADA /FI/ 0.31% of their portfolio | 1.3m $350.8m | Added +574.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio | 1.3m $345.4m | Reduced -28.5k |
| CIBC Bancorp USA Inc. 0.41% of their portfolio | 1.2m $332.2m | Reduced -127.3k |
| RHUMBLINE ADVISERS 0.25% of their portfolio | 1.2m $331.4m | Reduced -10.9k |
| CITIGROUP INC 0.15% of their portfolio | 1.2m $330.6m | Added +220.2k |
| STIFEL FINANCIAL CORP 0.27% of their portfolio | 1.2m $321.1m | Added +54.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.28% of their portfolio | 1.1m $302.9m | Added +4.4k |
| Assenagon Asset Management S.A. 0.20% of their portfolio | 1.1m $300.7m | Added +771.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.21% of their portfolio | 1.1m $292.5m | Reduced -18.4k |
| CANADA LIFE ASSURANCE Co 0.46% of their portfolio | 1.1m $290.2m | Reduced -60.6k |
| Swedbank AB 0.25% of their portfolio | 1.1m $290.7m | Added +13.2k |
| BANQUE PICTET & CIE SA 2.91% of their portfolio | 1.0m $283.3m | Reduced -64.7k |
| DekaBank Deutsche Girozentrale 0.53% of their portfolio | 1.0m $315.9m | Unchanged |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 1.0m $269.7m | Added +346.4k |
| Connor, Clark & Lunn Investment Management Ltd. 0.50% of their portfolio | 986.1k $266.6m | Added +223.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.13% of their portfolio | 905.7k $244.8m | Reduced -184.1k |
| NATIXIS ADVISORS, LLC 0.26% of their portfolio | 863.2k $233.3m | Reduced -183.1k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.36% of their portfolio | 859.6k $232.5m | Reduced -36.2k |
| US BANCORP \DE\ 0.25% of their portfolio | 858.4k $232.0m | Reduced -51.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.11% of their portfolio | 820.8k $221.9m | Reduced -4.2k |
| JONES FINANCIAL COMPANIES LLLP 0.09% of their portfolio | 807.0k $217.7m | Reduced -45.7k |
| Mariner, LLC 0.23% of their portfolio | 803.6k $217.2m | Reduced -34.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.27% of their portfolio | 797.7k $215.6m | Reduced -45.0k |
| Rockefeller Capital Management L.P. 0.33% of their portfolio | 793.4k $214.5m | Added +32.7k |
| Corient Private Wealth LP 0.28% of their portfolio | 745.8k $201.6m | Reduced -112.2k |
| FIFTH THIRD BANCORP 0.33% of their portfolio | 745.8k $201.6m | Reduced -18.2k |
| ProShare Advisors LLC 0.29% of their portfolio | 738.8k $199.7m | Reduced -19.7k |
| MACKENZIE FINANCIAL CORP 0.20% of their portfolio | 736.1k $199.0m | Reduced -256.0k |
| CITADEL ADVISORS LLC 0.11% of their portfolio | 720.0k $194.6m | Added +476.8k |
| TD Asset Management Inc 0.17% of their portfolio | 709.2k $191.7m | Reduced -676.6k |
| Ensign Peak Advisors, Inc 0.30% of their portfolio | 670.6k $181.3m | Added +68.5k |
| Point72 Asset Management, L.P. 0.27% of their portfolio | 645.2k $174.4m | New |
| Eurizon Capital SGR S.p.A. 0.46% of their portfolio | 641.9k $173.1m | Added +174.6k |
| Focus Partners Wealth 0.18% of their portfolio | 639.7k $172.9m | Added +4.6k |
| B. Metzler seel. Sohn & Co. AG 1.47% of their portfolio | 631.4k $170.7m | Reduced -126.1k |
| FLOSSBACH VON STORCH SE 0.76% of their portfolio | 622.8k $168.4m | Added +123.7k |
| AVIVA PLC 0.25% of their portfolio | 621.7k $168.1m | Added +2.6k |
| Russell Investments Group, Ltd. 0.14% of their portfolio | 608.3k $164.1m | Added +40.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.27% of their portfolio | 602.1k $162.8m | Reduced -25.8k |
| GQG Partners LLC 0.30% of their portfolio | 601.4k $162.6m | New |
| Baird Financial Group, Inc. 0.22% of their portfolio | 584.2k $157.9m | Reduced -13.9k |
| LAZARD ASSET MANAGEMENT LLC 0.23% of their portfolio | 561.3k $151.7m | Reduced -191.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 559.3k $151.2m | Reduced -49.1k |