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Bank of Nova Scotia Trims Stake in McDonald's Corporation
The Canadian bank reduced its holdings in the fast-food giant by nearly a third in the third quarter.
Mar. 15, 2026 at 9:22am
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Bank of Nova Scotia lowered its stake in shares of McDonald's Corporation (NYSE:MCD) by 31.9% during the third quarter, according to the company's recent disclosure with the Securities & Exchange Commission. The bank owned 337,666 shares of the fast-food giant's stock after selling 158,211 shares during the period.
Why it matters
This move by a major institutional investor like Bank of Nova Scotia could signal a shift in sentiment around McDonald's stock. Investors will be watching to see if other large shareholders follow suit or if this was an isolated portfolio adjustment.
The details
Bank of Nova Scotia's holdings in McDonald's were worth $102,613,000 as of its most recent SEC filing. The bank's reduced stake comes as other hedge funds and institutional investors have also adjusted their positions in the fast-food company in recent quarters.
- Bank of Nova Scotia lowered its stake in McDonald's during the third quarter of 2026.
The players
Bank of Nova Scotia
A major Canadian bank and institutional investor.
McDonald's Corporation
A global fast-food restaurant chain known for its hamburgers, French fries, and breakfast offerings.
The takeaway
This move by Bank of Nova Scotia could signal a broader shift in investor sentiment around McDonald's stock, though it remains to be seen if other major shareholders will follow suit. Investors will be closely watching the company's performance and any further changes in institutional ownership.
