Chevy Chase Trust Sells Stake in McDonald's

Investment firm reduces position in fast-food giant by 3.5%

Mar. 15, 2026 at 10:04am

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Chevy Chase Trust Holdings LLC has reduced its stake in McDonald's Corporation (NYSE:MCD) by 3.5%, selling 13,545 shares in the third quarter. The investment firm now owns 378,008 shares, or 0.05% of the fast-food company's stock, valued at $114,873,000 at the end of the reporting period.

Why it matters

This transaction provides insight into the investment strategies of Chevy Chase Trust, a prominent institutional investor. The sale of a portion of its McDonald's holdings suggests the firm may be rebalancing its portfolio or taking a more cautious stance on the fast-food industry amid broader economic conditions.

The details

According to a recent 13F filing, Chevy Chase Trust Holdings LLC sold 13,545 shares of McDonald's Corporation during the third quarter. The firm now owns 378,008 shares, or 0.05% of the company's outstanding stock, valued at $114,873,000 as of the end of the reporting period.

  • Chevy Chase Trust Holdings LLC sold the shares in the third quarter of 2026.

The players

Chevy Chase Trust Holdings LLC

An investment management firm that owns a stake in McDonald's Corporation.

McDonald's Corporation

A global fast-food restaurant chain known for its hamburgers, French fries, and breakfast offerings.

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The takeaway

This transaction reflects Chevy Chase Trust's portfolio adjustments, potentially in response to changing market conditions or investment strategies. The reduced stake in McDonald's, a prominent fast-food company, may signal the firm's cautious outlook on the industry or a desire to diversify its holdings.