NS Partners Cuts McDonald's Stake by 65%

NS Partners Ltd reduced its stake in McDonald's Corporation (NYSE:MCD) by 64.9% during the second quarter, according to a recent SEC filing. The institutional investor sold 76,067 shares of the fast-food giant's stock, leaving it with 41,072 shares worth $11,102,000 as of its most recent disclosure.

This is not an isolated incident; several other hedge funds and institutional investors have recently modified their holdings in MCD. JNBA Financial Advisors, for example, increased its position by 10.6% during the second quarter, while CTC Alternative Strategies Ltd. bought a new position worth $227,000.

The stock price of McDonald's has been affected by recent events; it touched a 52-week low amid declining guest counts. This suggests that current promotions are viewed as necessary traffic-recovery measures rather than proof that demand has already stabilized.