Arcos Dorados Holdings Inc. (ARCO) — Who's Buying and Selling (13F, Q2 2026)

ARCO ranks #3291 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

ARCO is a top-conviction position for Moerus Capital Management LLC — at 15.4% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in ARCO belongs to Lazard Asset Management LLC, but the position matters far more to Moerus Capital Management LLC, who has 15.4% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Lazard Asset Management LLC has added to its ARCO position for two straight quarters, increasing it by $41.4M to reach $199.0M today.

SPX Gestao de Recursos Ltda has trimmed its ARCO position for two straight quarters, cutting it by $19.1M while still holding $36.3M.

ARCO is up 1.9% today, and institutions have been net buyers of $64.8M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

ARCO closed its latest fiscal year with net income of $212.1M.

• Profitable — net income of $212.1M in the latest fiscal year
• Revenue grew 4.7% year over year
• Net income improved year over year, from $148.8M to $212.1M
• Generated $296.3M in positive operating cash flow
• Current ratio of 1.03x — below the conventional 1.5x liquidity buffer
• Liabilities run 4.04x equity — a highly leveraged balance sheet worth noting