Arcos Dorados Holdings Inc. (ARCO) Ownership

NYSE: ARCOTop holders, insider trades and short interest.

ARCO ownership summary

as of October 18, 2026
Institutions
53.9%
of shares outstanding
Insiders
0.48%
of shares outstanding
Shares outstanding
130.7M
Float
129.7M
shares available to trade
Short interest
2.29%
2.5M shares short
Days to cover
2.14
short interest down 16.9% vs prior month
  • Institutions 53.86%
  • Insiders 0.48%
  • Other investors 45.66%

ARCO top institutional holders

20 largest
Arcos Dorados Holdings Inc. top institutional holders
#Holder% of sharesSharesValueChangeReported
1Lazard Asset Management LLC11.72%24.7M$196.3M+1.5M (+6.5%)June 30, 2026
2Pzena Investment Management, LLC5.13%10.8M$85.9M+63,192 (+0.6%)June 30, 2026
3SPX Gestao de Recursos Ltda2.14%4.5M$35.8M−1.4M (−24.3%)June 30, 2026
4Moerus Capital Management LLC2.03%4.3M$34.0M+11,690 (+0.3%)June 30, 2026
5Morgan Stanley - Brokerage Accounts1.90%4.0M$31.8M−180,940 (−4.3%)June 30, 2026
6Brightlight Capital Management LLC1.58%3.3M$26.5M−132,040 (−3.8%)March 31, 2026
7Private Management Group Inc1.58%3.3M$26.4M−37,793 (−1.1%)June 30, 2026
8MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.1.43%3.0M$23.9M+199,387 (+7.1%)June 30, 2026
9American Century Companies Inc1.27%2.7M$21.3M+2.7M (0.0%)June 30, 2026
10Amvescap Plc.0.98%2.1M$16.4M+7,183 (+0.3%)June 30, 2026
11Causeway Capital Management LLC0.93%2.0M$15.6M+2.0M (0.0%)June 30, 2026
12SEI Investments Co0.88%1.8M$14.7M−1.6M (−47.0%)June 30, 2026
13Managed Asset Portfolios, LLC0.74%1.6M$12.4M+9,810 (+0.6%)June 30, 2026
14State of New Jersey Common Pension Fd D0.71%1.5M$11.8M—June 30, 2026
15Perpetual Ltd0.67%1.4M$11.2M−23,000 (−1.6%)June 30, 2026
16Millennium Management LLC0.67%1.4M$11.2M+1.3M (+922.1%)June 30, 2026
17JPMorgan Chase & Co0.60%1.3M$10.0M+257,277 (+25.7%)June 30, 2026
18Jane Street Group LLC0.58%1.2M$9.6M+739,072 (+156.2%)June 30, 2026
19Boston Partners Global Investors, Inc0.50%1.1M$8.4M+274,271 (+35.3%)June 30, 2026
20Point72 Asset Management, L.P.0.47%987K$7.8M+499,577 (+102.6%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 13 holders added 9.5M shares and 6 cut 3.5M.

ARCO top mutual fund and ETF holders

20 largest
Arcos Dorados Holdings Inc. top fund holders
#Holder% of sharesSharesValueChangeReported
1Pzena Emerging Markets Value Instl1.92%4.0M$32.1M—September 30, 2026
2Global X MSCI Argentina ETF1.36%2.9M$22.7M−13,724 (−0.5%)September 30, 2026
3OBAM N.V. X0.93%2.0M$15.6M—August 31, 2026
4Lazard Emerging Markets A Inc GBP0.65%1.4M$11.0M—June 30, 2026
5Invesco Dynamic Leisure and Entmnt ETF0.62%1.3M$10.4M−2,291 (−0.2%)September 30, 2026
6TPE Tarpon Intersection Master FIA0.61%1.3M$10.2M+126,980 (+10.9%)March 31, 2026
7Tarpon Mequi FIA IE0.52%1.1M$8.8M—June 30, 2026
8Causeway Emerging Markets Instl0.48%1.0M$8.0M+1.0M (0.0%)June 30, 2026
9Moerus Worldwide Institutional0.46%976K$7.8M+52,274 (+5.7%)July 31, 2026
10Arbarin SICAV0.46%962K$7.6M+188,169 (+24.3%)December 31, 2025
11General American Investors0.45%950K$7.6M+950,178 (0.0%)March 31, 2026
12Pzena Em Mkts Focused Value A USD Acc0.34%717K$5.7M+2,709 (+0.4%)September 30, 2026
13Lazard Emerging Markets Equity Instl0.32%666K$5.3M−4.8M (−87.8%)September 30, 2026
14JOHCM Emerging Markets Opps Instl0.30%632K$5.0M—August 31, 2026
15Lazard Emerging Markets Eq A Dist USD0.27%570K$4.5M+38,300 (+7.2%)June 30, 2026
16Invesco International Small Company A0.27%570K$4.5M—August 31, 2026
17Vanguard Emerg Mkts Sel Stk Inv0.25%532K$4.2M—June 30, 2026
18M&G Funds (1) Lazard Gbl EM Eq GBPZ1AAcc0.25%532K$4.2M—June 30, 2026
19ABAX Balanced Prescient B30.24%500K$4.0M+500,000 (0.0%)June 30, 2026
20Vanguard Global Emerging Markets Acc0.20%427K$3.4M—June 30, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

ARCO shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns ARCO

Institutional investors own 53.9% of Arcos Dorados's shares and insiders 0.48%. The largest holder is Lazard Asset Management LLC with 11.72% of the shares (24.7M), as of June 30, 2026. Among the top 20 institutions, 13 added shares and 6 reduced their stake in the latest filings. Short interest is 2.29% of the float, or 2.14 days of average trading volume. The share count fell 2.5% since 2014.

Related: ARCO analyst forecast, ARCO key metrics, ARCO dividend history. See the ARCO stock overview for the latest quote and news.

ARCO ownership FAQ

Who owns the most Arcos Dorados stock?

The largest shareholders of Arcos Dorados are Lazard Asset Management LLC (11.72%), Pzena Investment Management, LLC (5.13%), SPX Gestao de Recursos Ltda (2.14%), Moerus Capital Management LLC (2.03%), Morgan Stanley - Brokerage Accounts (1.90%).

What percentage of Arcos Dorados is owned by institutions?

Institutions hold 53.9% of Arcos Dorados's shares outstanding; insiders hold 0.48%.

Which funds own Arcos Dorados?

The largest fund holders of Arcos Dorados are Pzena Emerging Markets Value Instl (1.92%), Global X MSCI Argentina ETF (1.36%), OBAM N.V. X (0.93%), Lazard Emerging Markets A Inc GBP (0.65%), Invesco Dynamic Leisure and Entmnt ETF (0.62%).

What is Arcos Dorados's short interest?

2.5M shares of Arcos Dorados were sold short, 2.29% of the float; at the average daily volume it would take 2.14 days to cover.

How many shares of Arcos Dorados are outstanding?

Arcos Dorados has 130.7M shares outstanding, of which 129.7M are in the public float.

Restaurants: ownership