Stocks

Ascentis Doubles Down on McDonald's with Massive Stake Increase

Guavy AI Editorial Team Published August 15, 2026

Instruments

MCD

Ascentis Wealth Management LLC increased its stake in McDonald's Corporation (NYSE:MCD) by a staggering 4,008.8% during the second quarter, according to its latest 13F filing with the Securities and Exchange Commission.

The fund now owns 84,230 shares of the fast-food giant's stock, valued at $22,768,000 at the end of the most recent quarter.

McDonald's comprises 1.3% of Ascentis Wealth Management LLC's holdings, making it the company's 13th biggest holding.

The Wire

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