Sanctions on Russia Are Affecting These 5 Stocks

2. McDonald’s Corporation (NYSE:MCD)

Number of Hedge Fund Holders: 57    

McDonald’s Corporation (NYSE:MCD) owns and runs fast food restaurants. The company generates over 9% of its revenue from restaurants based in Russia, but Bank of America has warned that the spillover effects of the Ukraine war would result in limited upside and threaten traffic for American fast food chains in Europe overall as the war continues. 

McDonald’s Corporation (NYSE:MCD) is one of the top fast food stocks in the hedge fund universe. At the end of the fourth quarter of 2021, 57 hedge funds in the database of Insider Monkey held stakes worth $2.2 billion in McDonald’s Corporation (NYSE:MCD), compared to 58 the preceding quarter worth $3.3 billion.