McDonald's Mega Investor: CalSTRS Buys Up to 43% of Fast Food Giant

California State Teachers Retirement System (CalSTRS) made a significant investment in McDonald's Corporation ($MCD) by increasing its stake by an astonishing 27,036.7% in the second quarter.

The system acquired an additional 301,775,375 shares during this period, bringing its total ownership to 302,891,546 shares of McDonald's stock.

This substantial investment valued at $81,874,614,000 accounts for approximately 42.80% of McDonald's market value.