MCDONALDS CORP

Ticker: MCD CUSIP: 580135101 Class: Common Stock

CONFLUENCE INVESTMENT MANAGEMENT LLC's Holding History (CIK: 0001442056)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 73,788 Value ($000) $22,552 Avg Close $305.09 Range $290.30 - $321.79

Q3 2025

Shares 76,265 Value ($000) $23,176 Avg Close $301.40 Range $286.90 - $317.52

Q2 2025

Shares 78,202 Value ($000) $22,848 Avg Close $303.54 Range $280.19 - $316.26

Q1 2025

Shares 80,214 Value ($000) $25,056 Avg Close $292.89 Range $270.23 - $320.72

Q4 2024

Shares 83,110 Value ($000) $24,093 Avg Close $290.22 Range $275.34 - $308.80

Q3 2024

Shares 84,325 Value ($000) $25,678 Avg Close $266.70 Range $235.19 - $298.17

Q2 2024

Shares 84,567 Value ($000) $21,551 Avg Close $255.04 Range $239.07 - $270.15

Q1 2024

Shares 83,560 Value ($000) $23,560 Avg Close $278.01 Range $265.95 - $288.51

Q4 2023

Shares 84,909 Value ($000) $25,176 Avg Close $258.68 Range $233.05 - $283.22

Q3 2023

Shares 85,249 Value ($000) $22,458 Avg Close $269.51 Range $248.24 - $282.39

Q2 2023

Shares 85,731 Value ($000) $25,583 Avg Close $273.09 Range $262.44 - $282.15

Q1 2023

Shares 85,504 Value ($000) $23,908 Avg Close $250.51 Range $242.11 - $263.34

Q4 2022

Shares 84,627 Value ($000) $22 Avg Close $245.25 Range $214.97 - $261.32

Q3 2022

Shares 84,270 Value ($000) $19,444 Avg Close $236.27 Range $213.92 - $247.25

Q2 2022

Shares 83,764 Value ($000) $20,680 Avg Close $226.36 Range $209.53 - $238.22

Q1 2022

Shares 83,144 Value ($000) $20,560 Avg Close $227.78 Range $199.74 - $247.43

Q4 2021

Shares 82,363 Value ($000) $22,079 Avg Close $229.60 Range $214.30 - $246.13

Q3 2021

Shares 105,243 Value ($000) $25,375 Avg Close $215.84 Range $204.35 - $225.88

Q2 2021

Shares 126,876 Value ($000) $29,307 Avg Close $209.30 Range $200.41 - $214.63

Q1 2021

Shares 125,232 Value ($000) $28,069 Avg Close $191.26 Range $181.19 - $204.54

Q4 2020

Shares 124,298 Value ($000) $26,672 Avg Close $193.25 Range $183.72 - $205.66

Q3 2020

Shares 126,377 Value ($000) $27,739 Avg Close $181.40 Range $161.01 - $201.06

Q2 2020

Shares 128,285 Value ($000) $23,665 Avg Close $161.00 Range $135.75 - $178.74

Q1 2020

Shares 127,959 Value ($000) $21,158 Avg Close $171.84 Range $108.80 - $190.08

Q4 2019

Shares 123,053 Value ($000) $25,553 Avg Close $171.93 Range $162.20 - $184.62

Q3 2019

Shares 125,860 Value ($000) $27,023 Avg Close $184.76 Range $177.38 - $190.99

Q2 2019

Shares 123,053 Value ($000) $25,553 Avg Close $169.75 Range $159.68 - $178.93

Q1 2019

Shares 121,731 Value ($000) $23,117 Avg Close $154.59 Range $147.38 - $162.95

Q4 2018

Shares 119,905 Value ($000) $21,292 Avg Close $150.10 Range $136.68 - $161.23

Q3 2018

Shares 116,549 Value ($000) $19,497 Avg Close $134.80 Range $128.54 - $141.76

Q2 2018

Shares 111,888 Value ($000) $17,532 Avg Close $135.53 Range $129.30 - $144.01

Q1 2018

Shares 108,575 Value ($000) $16,979 Avg Close $136.66 Range $122.48 - $148.12

Q4 2017

Shares 107,543 Value ($000) $18,510 Avg Close $138.65 Range $128.37 - $145.70

Q3 2017

Shares 109,952 Value ($000) $17,227 Avg Close $128.65 Range $124.32 - $133.25

Q2 2017

Shares 107,849 Value ($000) $16,518 Avg Close $117.92 Range $104.72 - $127.34

Q1 2017

Shares 105,813 Value ($000) $13,714 Avg Close $101.70 Range $95.50 - $105.98

Q4 2016

Shares 99,467 Value ($000) $12,107 Avg Close $94.30 Range $88.47 - $100.20

Q3 2016

Shares 91,749 Value ($000) $10,584 Avg Close $94.54 Range $90.67 - $102.32

Q2 2016

Shares 86,355 Value ($000) $10,392 Avg Close $99.15 Range $92.36 - $104.23

Q1 2016

Shares 81,503 Value ($000) $10,243 Avg Close $93.96 Range $88.35 - $100.28

Q4 2015

Shares 78,515 Value ($000) $9,276 Avg Close $87.24 Range $75.55 - $94.25

Q3 2015

Shares 74,184 Value ($000) $7,309 Avg Close $75.34 Range $67.46 - $78.55

Q2 2015

Shares 73,598 Value ($000) $6,997 Avg Close $74.17 Range $72.20 - $77.26

Q1 2015

Shares 70,608 Value ($000) $6,880 Avg Close $72.15 Range $67.27 - $77.27

Q4 2014

Shares 64,034 Value ($000) $6,000 Avg Close $70.55 Range $66.40 - $73.88

Q3 2014

Shares 59,156 Value ($000) $5,609 Avg Close $71.25 Range $68.00 - $75.48

Q2 2014

Shares 52,862 Value ($000) $5,325 Avg Close $74.80 Range $71.30 - $76.67

Q1 2014

Shares 48,957 Value ($000) $4,799 Avg Close $70.27 Range $67.55 - $73.19

Q4 2013

Shares 39,972 Value ($000) $3,878 Avg Close $70.01 Range $67.66 - $72.12

Q3 2013

Shares 31,932 Value ($000) $3,072 Avg Close $70.55 Range $67.75 - $73.37

Q2 2013

Shares 27,827 Value ($000) $2,755 Avg Close $71.80 Range $68.58 - $74.15

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	73,788	$22,552	$305.09	$290.30 - $321.79
Q3 2025	76,265	$23,176	$301.40	$286.90 - $317.52
Q2 2025	78,202	$22,848	$303.54	$280.19 - $316.26
Q1 2025	80,214	$25,056	$292.89	$270.23 - $320.72
Q4 2024	83,110	$24,093	$290.22	$275.34 - $308.80
Q3 2024	84,325	$25,678	$266.70	$235.19 - $298.17
Q2 2024	84,567	$21,551	$255.04	$239.07 - $270.15
Q1 2024	83,560	$23,560	$278.01	$265.95 - $288.51
Q4 2023	84,909	$25,176	$258.68	$233.05 - $283.22
Q3 2023	85,249	$22,458	$269.51	$248.24 - $282.39
Q2 2023	85,731	$25,583	$273.09	$262.44 - $282.15
Q1 2023	85,504	$23,908	$250.51	$242.11 - $263.34
Q4 2022	84,627	$22	$245.25	$214.97 - $261.32
Q3 2022	84,270	$19,444	$236.27	$213.92 - $247.25
Q2 2022	83,764	$20,680	$226.36	$209.53 - $238.22
Q1 2022	83,144	$20,560	$227.78	$199.74 - $247.43
Q4 2021	82,363	$22,079	$229.60	$214.30 - $246.13
Q3 2021	105,243	$25,375	$215.84	$204.35 - $225.88
Q2 2021	126,876	$29,307	$209.30	$200.41 - $214.63
Q1 2021	125,232	$28,069	$191.26	$181.19 - $204.54
Q4 2020	124,298	$26,672	$193.25	$183.72 - $205.66
Q3 2020	126,377	$27,739	$181.40	$161.01 - $201.06
Q2 2020	128,285	$23,665	$161.00	$135.75 - $178.74
Q1 2020	127,959	$21,158	$171.84	$108.80 - $190.08
Q4 2019	123,053	$25,553	$171.93	$162.20 - $184.62
Q3 2019	125,860	$27,023	$184.76	$177.38 - $190.99
Q2 2019	123,053	$25,553	$169.75	$159.68 - $178.93
Q1 2019	121,731	$23,117	$154.59	$147.38 - $162.95
Q4 2018	119,905	$21,292	$150.10	$136.68 - $161.23
Q3 2018	116,549	$19,497	$134.80	$128.54 - $141.76
Q2 2018	111,888	$17,532	$135.53	$129.30 - $144.01
Q1 2018	108,575	$16,979	$136.66	$122.48 - $148.12
Q4 2017	107,543	$18,510	$138.65	$128.37 - $145.70
Q3 2017	109,952	$17,227	$128.65	$124.32 - $133.25
Q2 2017	107,849	$16,518	$117.92	$104.72 - $127.34
Q1 2017	105,813	$13,714	$101.70	$95.50 - $105.98
Q4 2016	99,467	$12,107	$94.30	$88.47 - $100.20
Q3 2016	91,749	$10,584	$94.54	$90.67 - $102.32
Q2 2016	86,355	$10,392	$99.15	$92.36 - $104.23
Q1 2016	81,503	$10,243	$93.96	$88.35 - $100.28
Q4 2015	78,515	$9,276	$87.24	$75.55 - $94.25
Q3 2015	74,184	$7,309	$75.34	$67.46 - $78.55
Q2 2015	73,598	$6,997	$74.17	$72.20 - $77.26
Q1 2015	70,608	$6,880	$72.15	$67.27 - $77.27
Q4 2014	64,034	$6,000	$70.55	$66.40 - $73.88
Q3 2014	59,156	$5,609	$71.25	$68.00 - $75.48
Q2 2014	52,862	$5,325	$74.80	$71.30 - $76.67
Q1 2014	48,957	$4,799	$70.27	$67.55 - $73.19
Q4 2013	39,972	$3,878	$70.01	$67.66 - $72.12
Q3 2013	31,932	$3,072	$70.55	$67.75 - $73.37
Q2 2013	27,827	$2,755	$71.80	$68.58 - $74.15