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McDonald's Corporation $MCD Position Lessened by Synergy Asset Management LLC
Synergy Asset Management LLC significantly reduced its stake in McDonald’s Corporation (MCD) by 82.3% in Q4, selling over 15,000 shares. Despite this reduction by Synergy, other major institutional investors like Norges Bank, Viking Global Investors, Amundi, Franklin Resources, and Arrowstreet Capital notably increased their positions, indicating strong institutional confidence in McDonald’s, which is 70.29% owned by institutions. McDonald’s recently reported an EPS beat and strong revenue growth, announced a quarterly dividend, and has seen notable insider selling including by its CEO.