BlackRock Amends McDonald's Stake, Updates 13G/A Filing

TL;DR

**BlackRock just updated its McDonald's stake, watch for institutional sentiment shifts!**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, indicating a change in its ownership stake in McDonald's Corporation as of December 31, 2023. This amendment, number 14, updates their previous filing and is required because BlackRock is a large institutional investor. This matters to investors because BlackRock is a major shareholder, and changes in their holdings can signal their confidence in McDonald's future performance, potentially influencing other investors.

Why It Matters

This filing shows BlackRock's updated position in McDonald's, which can be a bellwether for institutional sentiment and potentially impact stock price perception.

Risk Assessment

Risk Level: low — This is a routine update from a large institutional investor and doesn't inherently signal high risk.

Analyst Insight

An investor should note that BlackRock, a major institutional investor, is actively managing its position in McDonald's. While this filing doesn't disclose the specific change in shares or percentage, it confirms their continued involvement and oversight. Further investigation into the specific changes in BlackRock's holdings (which would be detailed in the full filing, not just the header) could provide more actionable insights.

Key Players & Entities

• BlackRock Inc. (company) — the reporting person and institutional investor
• McDonald's Corporation (company) — the subject company whose shares are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• January 26, 2024 (date) — the filing date of the SC 13G/A

FAQ

From the Filing

0001086364-24-004703.txt : 20240126 0001086364-24-004703.hdr.sgml : 20240126 20240126162346 ACCESSION NUMBER: 0001086364-24-004703 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240126 DATE AS OF CHANGE: 20240126 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MCDONALDS CORP CENTRAL INDEX KEY: 0000063908 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 362361282 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-12299 FILM NUMBER: 24568182 BUSINESS ADDRESS: STREET 1: 110 NORTH CARPENTER STREET CITY: CHICAGO STATE: IL ZIP: 60607 BUSINESS PHONE: 630 623 3000 MAIL ADDRESS: STREET 1: 110 NORTH CARPENTER STREET CITY: CHICAGO STATE: IL ZIP: 60607 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us5801351017_012624.txt us5801351017_012624.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 14) MCDONALDS CORPORATION -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 580135101 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 580135101 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 46509457 (6) Shared voting power 0 (7) Sole dispositive power 51974467 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 51974467 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.2% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- MCDONALDS CORPORATION Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 110 NORTH CARPENTER STREET CHICAGO IL 60607 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, if none, residence: ----------------------------