| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| LAZARD ASSET MANAGEMENT LLC | 16% | +6.7% | $157,602,075 | +$9,859,051 | 21,471,672 | +6.7% | Lazard Asset Management LLC | 31 Dec 2025 |
| PZENA INVESTMENT MANAGEMENT LLC | 8.7% | +74% | $77,134,234 | +$33,033,231 | 11,427,294 | +75% | PZENA INVESTMENT MANAGEMENT LLC | 30 Sep 2025 |
| Calvo David Coppel | 7.3% | $72,547,964 | 9,483,394 | David Coppel Calvo | 31 Dec 2024 | |||
| PRICE T ROWE ASSOCIATES INC /MD/ | 2.6% | -69% | $26,034,029 | -$54,553,106 | 3,403,141 | -68% | T. Rowe Price Associates, Inc. | 30 Apr 2025 |
| JPMORGAN CHASE & CO | 1.7% | $17,869,599 | 2,323,745 | JPMORGAN CHASE & CO. | 30 May 2025 | |||
| TIAA CREF INVESTMENT MANAGEMENT LLC | 0.23% | -96% | $2,262,860 | -$47,677,940 | 296,574 | -95% | TIAA-CREF Investment Management, LLC | 29 Aug 2025 |
| COLLEGE RETIREMENT EQUITIES FUND | 0.23% | -96% | $2,262,860 | -$47,677,940 | 296,574 | -95% | College Retirement Equities Fund- Stock Account | 29 Aug 2025 |
| TEACHERS ADVISORS, LLC | 0.04% | -84% | $401,765 | -$24,989,333 | 52,656 | -98% | TEACHERS ADVISORS, LLC | 29 Aug 2025 |
| Nuveen Asset Management, LLC | 0% | $5,478 | +$580 | 718 | +12% | Nuveen Asset Management, LLC | 29 Aug 2025 |
As of 31 Dec 2025, 160 institutional investors reported holding 88,700,724 shares of Arcos Dorados Holdings Inc. - Equity (ARCO). This represents 68% of the company’s total 130,924,831 outstanding shares.
The largest institutional shareholders of Arcos Dorados Holdings Inc. - Equity (ARCO) together control 57% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| LAZARD ASSET MANAGEMENT LLC | 16% | 21,471,672 | +6.7% | 0.27% | $157,602,074 |
| PZENA INVESTMENT MANAGEMENT LLC | 8.1% | 10,562,564 | -7.6% | 0.23% | $77,529,220 |
| SPX Gestao de Recursos Ltda | 5.8% | 7,551,676 | +19% | 5.7% | $55,429,302 |
| MORGAN STANLEY | 3.1% | 4,045,638 | +14% | 0% | $29,694,987 |
| Moerus Capital Management LLC | 2.7% | 3,556,906 | +6.8% | 11% | $26,107,690 |
| BRIGHTLIGHT CAPITAL MANAGEMENT LP | 2.6% | 3,466,800 | +55% | 18% | $25,446,312 |
| PRIVATE MANAGEMENT GROUP INC | 2.6% | 3,378,055 | -0.04% | 0.72% | $24,794,924 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 2.1% | 2,699,452 | +2.6% | 0.03% | $19,813,978 |
| SEI INVESTMENTS CO | 1.1% | 1,496,461 | +9402% | 0.01% | $10,984,016 |
| State of New Jersey Common Pension Fund D | 1.1% | 1,486,822 | 0% | 0.04% | $10,913,273 |
| MANAGED ASSET PORTFOLIOS, LLC | 1.1% | 1,476,299 | +2.7% | 1.3% | $10,836,033 |
| Perpetual Ltd | 1.1% | 1,447,814 | -17% | 0.15% | $10,626,955 |
| GOLDMAN SACHS GROUP INC | 0.86% | 1,127,060 | +83% | 0% | $8,272,620 |
| JPMORGAN CHASE & CO | 0.85% | 1,107,655 | -7.3% | 0% | $8,130,187 |
| RENAISSANCE TECHNOLOGIES LLC | 0.8% | 1,049,734 | +313% | 0.01% | $7,705,048 |
| Emeth Value Capital, LLC | 0.8% | 1,045,701 | -47% | 9.5% | $7,675,445 |
| Invesco Ltd. | 0.75% | 982,026 | -4% | 0% | $7,208,071 |
| GENERAL AMERICAN INVESTORS CO INC | 0.73% | 950,178 | +36% | 0.43% | $6,974,307 |
| CITADEL ADVISORS LLC | 0.71% | 927,535 | -3% | 0% | $6,808,107 |
| Clearbridge Investments, LLC | 0.63% | 831,113 | +1.9% | 0% | $6,100,372 |
| BNP PARIBAS FINANCIAL MARKETS | 0.63% | 818,810 | 0% | 0% | $6,010,065 |
| GLOBEFLEX CAPITAL L P | 0.62% | 815,609 | 0% | 0.92% | $5,986,570 |
| INCA Investments LLC | 0.6% | 788,001 | -35% | 2% | $5,783,927 |
| Amundi | 0.6% | 784,255 | +13% | 0% | $5,756,432 |
| Qube Research & Technologies Ltd | 0.46% | 598,162 | +32% | 0.01% | $4,390,509 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 88,700,724 | $651,032,133 | +$20,754,669 | $7.34 | 160 |
| 2025 Q3 | 85,961,939 | $580,244,647 | -$14,005,556 | $6.75 | 158 |
| 2025 Q2 | 86,128,699 | $679,402,285 | +$19,045,364 | $7.89 | 149 |
| 2025 Q1 | 83,642,781 | $674,277,069 | +$32,413,161 | $8.06 | 162 |
| 2024 Q4 | 83,841,097 | $611,244,334 | -$3,258,926 | $7.28 | 159 |
| 2024 Q3 | 82,246,694 | $719,463,195 | -$38,903,578 | $8.72 | 165 |
| 2024 Q2 | 86,040,302 | $774,566,487 | -$11,431,805 | $9.00 | 177 |
| 2024 Q1 | 83,829,673 | $931,876,395 | +$31,835,734 | $11.12 | 176 |
| 2023 Q4 | 81,560,922 | $1,034,466,458 | +$21,699,533 | $12.69 | 173 |
| 2023 Q3 | 76,718,469 | $725,149,343 | -$19,894,270 | $9.46 | 144 |
| 2023 Q2 | 77,507,435 | $793,322,415 | +$25,863,376 | $10.25 | 154 |
| 2023 Q1 | 74,711,795 | $575,731,212 | -$20,742,673 | $7.71 | 142 |
| 2022 Q4 | 77,524,485 | $648,078,737 | +$11,008,630 | $8.36 | 133 |
| 2022 Q3 | 76,718,244 | $559,602,547 | +$12,942,034 | $7.29 | 128 |
| 2022 Q2 | 74,830,695 | $504,168,233 | -$15,154,908 | $6.74 | 121 |
| 2022 Q1 | 77,789,920 | $628,641,253 | +$28,357,738 | $8.13 | 118 |
| 2021 Q4 | 74,691,285 | $435,333,051 | -$5,620,084 | $5.83 | 107 |
| 2021 Q3 | 74,439,867 | $381,186,961 | -$1,793,053 | $5.12 | 98 |
| 2021 Q2 | 73,839,159 | $440,798,292 | -$45,119,779 | $5.97 | 105 |
| 2021 Q1 | 81,774,168 | $416,312,533 | +$12,042,564 | $5.09 | 114 |
| 2020 Q4 | 79,290,978 | $398,891,281 | -$22,010,436 | $5.03 | 121 |
| 2020 Q3 | 82,409,105 | $345,753,084 | +$5,013,641 | $4.10 | 113 |
| 2020 Q2 | 81,038,954 | $339,581,367 | +$16,564,239 | $4.19 | 104 |
| 2020 Q1 | 77,012,021 | $263,921,006 | -$34,754,583 | $3.34 | 93 |
| 2019 Q4 | 80,656,269 | $653,343,302 | -$10,212,478 | $8.10 | 105 |
| 2019 Q3 | 81,234,861 | $545,878,194 | +$13,055,831 | $6.72 | 89 |
| 2019 Q2 | 79,119,694 | $576,127,824 | +$147,422,858 | $7.28 | 92 |
| 2019 Q1 | 79,650,471 | $571,101,743 | -$27,822,862 | $7.17 | 101 |
| 2018 Q4 | 83,253,281 | $645,780,516 | -$11,808,266 | $7.90 | 87 |
| 2018 Q3 | 78,515,616 | $490,752,186 | +$12,873,856 | $6.25 | 91 |
| 2018 Q2 | 76,390,680 | $530,918,017 | -$71,354,231 | $6.95 | 99 |
| 2018 Q1 | 84,053,476 | $768,935,794 | -$32,514,747 | $9.15 | 128 |
| 2017 Q4 | 86,985,456 | $900,189,355 | +$19,054,467 | $10.35 | 134 |
| 2017 Q3 | 81,240,424 | $816,220,870 | +$23,316,316 | $10.05 | 115 |
| 2017 Q2 | 79,460,877 | $592,027,380 | -$14,555,641 | $7.45 | 124 |
| 2017 Q1 | 80,980,346 | $651,876,198 | +$32,263,533 | $8.05 | 108 |
| 2016 Q4 | 79,614,340 | $429,985,395 | +$12,399,276 | $5.40 | 110 |
| 2016 Q3 | 77,298,607 | $407,034,632 | -$3,241,745 | $5.27 | 106 |
| 2016 Q2 | 78,089,876 | $372,477,439 | +$14,205,325 | $4.77 | 95 |
| 2016 Q1 | 77,011,693 | $288,752,706 | +$11,562,114 | $3.75 | 84 |
| 2015 Q4 | 74,175,126 | $230,731,310 | +$106,527 | $3.11 | 75 |
| 2015 Q3 | 74,358,273 | $202,272,695 | -$49,006,821 | $2.72 | 70 |
| 2015 Q2 | 82,679,094 | $434,860,427 | +$12,487,373 | $5.26 | 69 |
| 2015 Q1 | 80,387,647 | $396,626,899 | +$19,877,388 | $4.93 | 80 |
| 2014 Q4 | 76,167,921 | $412,171,576 | +$24,588,260 | $5.41 | 79 |
| 2014 Q3 | 71,317,811 | $426,446,124 | -$47,063,473 | $5.98 | 75 |
| 2014 Q2 | 75,883,195 | $849,885,106 | -$140,956,431 | $11.20 | 85 |
| 2014 Q1 | 84,454,455 | $851,315,096 | -$126,646,732 | $10.08 | 93 |