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Arcos Dorados Holdings
ARCO

Name Holding Trade Value Shares
Change 		Change in
Stake
PPA
26
Parametric Portfolio Associates
Washington
$13.2M +$15M +1,161,458 New
II
27
INCA Investments
Florida
$12.7M +$14.4M +1,118,480 New
Neuberger Berman Group
28
Neuberger Berman Group
New York
$12.6M +$14.3M +1,110,434 New
MAA
29
Managed Account Advisors
New Jersey
$10.3M +$11.7M +909,904 New
AG
30
Artal Group
Luxembourg
$9.34M +$10.6M +822,259 New
CIP
31
Champlain Investment Partners
Vermont
$9.3M +$10.6M +818,343 New
Morgan Stanley
32
Morgan Stanley
New York
$9.01M +$10.2M +792,859 New
NTCOC
33
Northern Trust Company of Connecticut
Connecticut
$8.87M +$10.1M +780,867 New
BCIM
34
Black Creek Investment Management
Ontario, Canada
$7.79M +$8.89M +688,642 New
CI Investments Inc
35
CI Investments Inc
Ontario, Canada
$5.31M +$6.04M +467,660 New
Mitsubishi UFJ Trust & Banking
36
Mitsubishi UFJ Trust & Banking
Japan
$5.13M +$5.83M +451,729 New
PWP
37
Private Wealth Partners
California
$4.97M +$5.64M +437,055 New
HA
38
Halsey Associates
Connecticut
$4.49M +$5.1M +395,084 New
BG
39
BlackRock Group
United Kingdom
$3.54M +$4.03M +311,812 New
ICP
40
Indus Capital Partners
New York
$3.33M +$3.81M +294,815 New
California Public Employees Retirement System
41
California Public Employees Retirement System
California
$3.25M +$3.7M +286,352 New
BA
42
BlackRock Advisors
Delaware
$3.15M +$3.58M +277,410 New
U
43
UBS
Switzerland
$3.14M +$3.57M +276,190 New
Deutsche Bank
44
Deutsche Bank
Germany
$3.08M +$3.5M +270,929 New
TA
45
Teton Advisors
New York
$3M +$3.41M +263,986 New
Fayez Sarofim & Co
46
Fayez Sarofim & Co
Texas
$2.27M +$2.58M +199,850 New
Barclays
47
Barclays
United Kingdom
$2.26M +$2.56M +198,538 New
AAM
48
Auxier Asset Management
Oregon
$2.25M +$2.55M +197,753 New
Northern Trust
49
Northern Trust
Illinois
$2.15M +$2.45M +189,631 New
CI
50
Capital International
California
$2.02M +$2.3M +177,916 New
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