Cliff Asness's MCD Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 344,972 shares of McDonald's Corporation (MCD) worth $104.62 M, representing 0.07% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in MCD, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2023, adding 516,684 shares. Largest reduction occurred in Q3 2020, reducing 572,721 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's McDonald's Corporation (MCD) Holding Value Over Time
Track share changes against reported price movement
Quarterly McDonald's Corporation (MCD) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +357,066 | Add 0.00% | 357,065 | $88.21 |
| Q2 2013 | +202,431 | Add 0.00% | 202,430 | $99.00 |
| Q3 2013 | +27,820 | Add 13.74% | 230,250 | $96.21 |
| Q4 2013 | +24,600 | Add 10.68% | 254,850 | $97.03 |
| Q1 2014 | +11,100 | Add 4.36% | 265,950 | $98.03 |
| Q2 2014 | +20,000 | Add 7.52% | 285,950 | $100.74 |
| Q3 2014 | -85,621 | Reduce 29.94% | 200,329 | $94.81 |
| Q4 2014 | +143,842 | Add 71.80% | 344,171 | $93.70 |
| Q1 2015 | +114,622 | Add 33.30% | 458,793 | $97.44 |
| Q2 2015 | +49,650 | Add 10.82% | 508,443 | $95.07 |
| Q3 2015 | +130,221 | Add 25.61% | 638,664 | $98.53 |
| Q4 2015 | +311,544 | Add 48.78% | 950,208 | $118.14 |
| Q1 2016 | -222,991 | Reduce 23.47% | 727,217 | $125.68 |
| Q2 2016 | +14,832 | Add 2.04% | 742,049 | $120.34 |
| Q3 2016 | -3,190 | Reduce 0.43% | 738,859 | $115.36 |
| Q4 2016 | -79,476 | Reduce 10.76% | 659,383 | $121.72 |
| Q1 2017 | +25,618 | Add 3.89% | 685,001 | $129.61 |
| Q2 2017 | +187,503 | Add 27.37% | 872,504 | $153.16 |
| Q3 2017 | -90,383 | Reduce 10.36% | 782,121 | $156.68 |
| Q4 2017 | +252,394 | Add 32.27% | 1.03 M | $172.12 |
| Q1 2018 | +312,246 | Add 30.18% | 1.35 M | $156.38 |
| Q2 2018 | -217,174 | Reduce 16.13% | 1.13 M | $156.69 |
| Q3 2018 | -533,437 | Reduce 47.22% | 596,150 | $167.29 |
| Q4 2018 | +5,340 | Add 0.90% | 601,490 | $177.57 |
| Q1 2019 | +114,753 | Add 19.08% | 716,243 | $189.90 |
| Q2 2019 | +116,824 | Add 16.31% | 833,067 | $207.66 |
| Q3 2019 | +293,731 | Add 35.26% | 1.13 M | $214.71 |
| Q4 2019 | +55,822 | Add 4.95% | 1.18 M | $197.61 |
| Q1 2020 | -271,565 | Reduce 22.96% | 911,055 | $165.35 |
| Q2 2020 | -36,861 | Reduce 4.05% | 874,194 | $182.71 |
| Q3 2020 | -572,721 | Reduce 65.51% | 301,473 | $219.49 |
| Q4 2020 | +144,033 | Add 47.78% | 445,506 | $211.89 |
| Q1 2021 | +170,088 | Add 38.18% | 615,594 | $224.14 |
| Q2 2021 | -106,390 | Reduce 17.28% | 509,204 | $230.99 |
| Q3 2021 | +121,149 | Add 23.79% | 630,353 | $241.11 |
| Q4 2021 | -143,799 | Reduce 22.81% | 486,554 | $267.35 |
| Q1 2022 | +2,185 | Add 0.45% | 488,739 | $247.28 |
| Q2 2022 | -269,894 | Reduce 55.22% | 218,845 | $246.57 |
| Q3 2022 | +19,029 | Add 8.70% | 237,874 | $230.74 |
| Q4 2022 | +48,263 | Add 20.29% | 286,137 | $262.96 |
| Q1 2023 | +200,809 | Add 70.18% | 486,946 | $279.61 |
| Q2 2023 | +516,684 | Add 106.11% | 1 M | $296.26 |
| Q3 2023 | -260,016 | Reduce 25.91% | 743,614 | $263.44 |
| Q4 2023 | -128,884 | Reduce 17.33% | 614,730 | $295.41 |
| Q1 2024 | -75,231 | Reduce 12.24% | 539,499 | $281.95 |
| Q2 2024 | -142,067 | Reduce 26.33% | 397,432 | $254.84 |
| Q3 2024 | -36,268 | Reduce 9.13% | 361,164 | $304.24 |
| Q4 2024 | -48,025 | Reduce 13.30% | 313,139 | $289.89 |
| Q1 2025 | -33,991 | Reduce 10.85% | 279,148 | $309.31 |
| Q2 2025 | -26,779 | Reduce 9.59% | 252,369 | $292.17 |
| Q3 2025 | +92,603 | Add 36.69% | 344,972 | $303.28 |
Cliff Asness's McDonald's Corporation Investment FAQs
Cliff Asness first purchased McDonald's Corporation (MCD) in Q4 2012, acquiring 357,065 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held McDonald's Corporation (MCD) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to McDonald's Corporation (MCD) was in Q2 2023, adding 1,003,630 shares worth $297.34 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 344,972 shares of McDonald's Corporation (MCD), valued at approximately $104.62 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, McDonald's Corporation (MCD) represents approximately 0.07% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in McDonald's Corporation (MCD) was 1,346,761 shares, as reported at the end of Q1 2018. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.