State Street Corporation filed a Schedule 13G reporting passive ownership of common stock of McDonald's Corporation. As of 06/30/2026, State Street reported beneficial ownership of 36,120,258 McDonald's common shares, representing 5.1% of the class. All reported voting and dispositive authority is shared through various asset-management subsidiaries, with 18,168,831 shares subject to shared voting power and 36,080,505 shares subject to shared dispositive power, and no shares held with sole voting or dispositive power. The filing lists multiple State Street Global Advisors entities as the investment adviser subsidiaries through which these holdings are managed, and indicates no other person is known to have rights to receive dividends or sale proceeds beyond the ordinary clients of those managed accounts.
Positive
None.
Negative
None.
Key Figures
Shares beneficially owned:36,120,258 sharesPercent of class owned:5.1%Shared voting power:18,168,831 shares+3 more
6 metrics
Shares beneficially owned36,120,258 sharesMcDonald's common stock beneficially owned by State Street as of 06/30/2026
Percent of class owned5.1%Percentage of McDonald's common stock class held by State Street
Shared voting power18,168,831 sharesShares of McDonald's over which State Street has shared voting power
Shared dispositive power36,080,505 sharesShares of McDonald's over which State Street has shared dispositive power
Sole voting power0 sharesMcDonald's shares over which State Street has sole voting authority
Sole dispositive power0 sharesMcDonald's shares over which State Street has sole dispositive authority
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting powerfinancial
"Shared Voting Power 18,168,831.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 36,080,505.00"
Schedule 13Gregulatory
"State Street Corporation filed this schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
investment companyfinancial
"shareholders of an investment company registered under"
How many McDonald's (MCD) shares does State Street Corporation report owning?
State Street Corporation reports 36,120,258 McDonald's common shares as beneficially owned. This position is held through various State Street Global Advisors subsidiaries and represents institutional holdings managed for underlying clients.
What percentage of McDonald's (MCD) does State Street Corporation own?
State Street Corporation reports owning 5.1% of the class of McDonald's common stock. This level of ownership triggers Schedule 13G reporting as a significant institutional shareholder with passive investment intent.
Does State Street have sole or shared voting power over McDonald's (MCD) shares?
State Street reports 0 shares with sole voting power and 18,168,831 shares with shared voting power. Voting authority is exercised through its investment adviser subsidiaries for the benefit of their underlying client accounts.
What is State Street’s dispositive power over McDonald's (MCD) shares?
State Street reports 0 shares with sole dispositive power and 36,080,505 shares with shared dispositive power. Dispositive power reflects the ability of affiliated advisers to direct the sale or transfer of client-held shares.
Which State Street subsidiaries hold McDonald's (MCD) shares reported on this Schedule 13G?
The filing identifies multiple subsidiaries, including SSGA Funds Management, Inc., State Street Global Advisors Europe Limited, and several other State Street Global Advisors entities across Asia, Europe, Australia, Singapore, Japan, and Saudi Arabia.
Is any other person reported as having rights to dividends or proceeds on McDonald's (MCD) shares?
No. Item 6 states "NOT APPLICABLE", indicating no specific other person is identified as having the right to receive dividends or sale proceeds beyond the typical beneficiaries of the managed accounts.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
MCDONALD'S CORP
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
580135101
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
580135101
1
Names of Reporting Persons
STATE STREET CORPORATION
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
18,168,831.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
36,080,505.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
36,120,258.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
MCDONALD'S CORP
(b)
Address of issuer's principal executive offices:
110 NORTH CARPENTER STREET, CHICAGO, ILLINOIS, 60607
Item 2.
(a)
Name of person filing:
STATE STREET CORPORATION;
(b)
Address or principal business office or, if none, residence:
ONE CONGRESS STREET, SUITE 1, BOSTON MA 02114, UNITED STATES
(c)
Citizenship:
MA
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP Number(s):
580135101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
36120258.00
(b)
Percent of class:
5.1 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
18,168,831
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
36,080,505
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
NOT APPLICABLE
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS (JAPAN) CO., LTD. (IA);STATE STREET GLOBAL ADVISORS ASIA LIMITED (IA);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA);STATE STREET GLOBAL ADVISORS LIMITED (IA);STATE STREET GLOBAL ADVISORS SINGAPORE LIMITED (IA);STATE STREET GLOBAL ADVISORS TRUST COMPANY (IA);STATE STREET GLOBAL ADVISORS, AUSTRALIA, LIMITED (IA);STATE STREET GLOBAL ADVISORS, LTD. (IA);STATE STREET SAUDI ARABIA FINANCIAL SOLUTIONS COMPANY (IA);
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
NOT APPLICABLE
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
NOT APPLICABLE
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
