Cullinan Associates Reduces Stake in McDonald's Corporation
Cullinan Associates Inc., a financial institution, reduced its stake in McDonald's Corporation by 14.2% during the second quarter.
The company disclosed this information in its recent 13F filing with the Securities and Exchange Commission (SEC).
Cullinan Associates Inc. owned 48,623 shares of McDonald's stock after selling 8,028 shares during the period.
This represents about 1% of Cullinan Associates' holdings, making McDonald's its 25th largest position.