McDonald's Ownership Stake Shifts as Institutional Investors Make Moves
McDonald's Corporation (NYSE:MCD) has seen changes in its ownership stake by several institutional investors, including B. Metzler seel. Sohn & Co. AG.
B. Metzler seel. Sohn & Co. AG reduced its stake in McDonald's shares by 16.6% during the second quarter, according to a recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned approximately 631,407 shares of the fast-food giant's stock after selling 126,073 shares during the period.
McDonald's accounts for about 1.5% of B. Metzler seel. Sohn & Co. AG's portfolio, making it its 17th biggest holding. The company owned 0.09% of McDonald's worth $170,675,000 as of its most recent SEC filing.