McDonald's Sees Buying Frenzy from Institutional Investors
McDonald's Corporation has seen significant changes in its holdings by institutional investors. Concurrent Investment Advisors LLC acquired 10,535 shares of McDonald's stock during the second quarter, increasing their holdings by 15.1%. This brought their total holdings to 80,457 shares, valued at $21,748,000.
Others, including NEOS Investment Management LLC and AXQ Capital LP, also made significant changes to their stakes in McDonald's. NEOS Investment Management LLC boosted its stake by 10.1%, while AXQ Capital LP purchased a new stake worth approximately $2,256,000.