Vanguard Capital Management Discloses 7.52% Stake in McDonald's Corp

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a significant new ownership stake in McDonald's Corp (MCD). As of the event date on March 31, 2026, the investment adviser disclosed beneficial ownership of 53,486,415 shares of common stock, representing a 7.52% stake in the company. This filing marks a substantial increase from a previous reported position of zero shares. The filing indicates that Vanguard Capital Management exercises sole dispositive power over all 53,486,415 shares, while maintaining sole voting power over 7,270,398 shares. The reporting entity includes various affiliates such as Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This move positions Vanguard as a major institutional shareholder in the global fast-food giant.