Arcos Dorados Holdings Inc. (ARCO)

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Institutional Investors' Holdings

Filing Period: Filing is Ongoing

No.	Name	Shares	Value	% Port
1.	Perpetual Ltd	1,744,914	$13,767,371	0.16%
2.	Hedges Asset Management Llc	246,100	$1,941,729	1.56%
3.	Sapient Capital Llc	245,501	$1,937,003	0.03%
4.	Harbour Capital Advisors, Llc	84,520	$659,256	0.14%
5.	Baker Ellis Asset Management Llc	44,500	$351,105	0.05%