Waverly Advisors Boosts Stake in McDonald's by 39.4%

Waverly Advisors LLC increased its stake in McDonald's Corporation (NYSE:MCD) by 39.4% during the second quarter, according to a recent disclosure with the Securities and Exchange Commission.

The firm purchased an additional 47,943 shares of McDonald's stock, bringing its total holdings to 169,676 shares worth $45,865,000 at the end of the period.

Waverly Advisors LLC is not the only institutional investor that has increased its stake in McDonald's. California State Teachers Retirement System boosted its stake by 27,036.7% during the second quarter and now owns 302,891,546 shares worth $81,874,614,000.

Norges Bank acquired a new position in McDonald's valued at $2,890,438,000 in the fourth quarter, while Diamant Asset Management Inc. lifted its holdings by 30,979.0% during the first quarter.