Norges Bank’s Starbucks SBUX Stock Holding History

Norges Bank’s Portfolio SBUX Stock Details SBUX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-14,637,807	Closed	-$1.23B	–	1147
2025 Q4	$1.23B	Buy	+14,637,807	New	+$1.23B	0.13%	126
2025 Q3	–	Sell	-13,601,620	Closed	-$1.25B	–	1273
2025 Q2	$1.25B	Buy	13,601,620 +253,186	+2%	+$21.9M	0.16%	120
2025 Q1	$1.31B	Sell	13,348,434 -293,341	-2%	-$30.3M	0.18%	108
2024 Q4	$1.24B	Buy	13,641,775 +485,893	+4%	+$47M	0.16%	108
2024 Q3	$1.28B	Sell	13,155,882 -1,488,096	-10%	-$128M	0.18%	104
2024 Q2	$1.14B	Buy	14,643,978 +2,370,526	+19%	+$193M	0.17%	107
2024 Q1	$1.12B	Sell	12,273,452 -648,664	-5%	-$60.3M	0.18%	112
2023 Q4	$1.24B	Buy	12,922,116 +271,733	+2%	+$26.4M	0.22%	85
2023 Q3	$1.15B	Buy	12,650,383 +25,359	+0.2%	+$2.49M	0.23%	76
2023 Q2	$1.25B	Buy	12,625,024 +61,130	+0.5%	+$6.34M	0.25%	73
2023 Q1	$1.31B	Buy	12,563,894 +235,963	+2%	+$24.6M	0.29%	65
2022 Q4	$1.22B	Buy	12,327,931 +508,382	+4%	+$48M	0.29%	68
2022 Q3	$996M	Buy	11,819,549 +1,185,270	+11%	+$101M	0.26%	73
2022 Q2	$812M	Buy	10,634,279 +631,393	+6%	+$48.5M	0.21%	90
2022 Q1	$910M	Sell	10,002,886 -164,165	-2%	-$15.5M	0.2%	95
2021 Q4	$1.19B	Sell	10,167,051 -955,097	-9%	-$108M	0.24%	76
2021 Q3	$1.23B	Sell	11,122,148 -345,350	-3%	-$40.4M	0.27%	67
2021 Q2	$1.28B	Sell	11,467,498 -91,445	-0.8%	-$10.3M	0.28%	69
2021 Q1	$1.26B	Sell	11,558,943 -73,134	-0.6%	-$7.68M	0.29%	67
2020 Q4	$1.24B	Sell	11,632,077 -23,467	-0.2%	-$2.24M	0.29%	64
2020 Q3	$1B	Sell	11,655,544 -26,475	-0.2%	-$2.11M	0.27%	68
2020 Q2	$860M	Sell	11,682,019 -711,096	-6%	-$53.4M	0.25%	72
2020 Q1	$815M	Sell	12,393,115 -29,990	-0.2%	-$2.43M	0.29%	66
2019 Q4	$1.09B	Sell	12,423,105 -236,268	-2%	-$20.1M	0.3%	62
2019 Q3	$1.12B	Sell	12,659,373 -164,521	-1%	-$15.3M	0.34%	57
2019 Q2	$1.08B	Buy	12,823,894 +6,454	+0.1%	+$506K	0.33%	56
2019 Q1	$953M	Buy	12,817,440 +280,671	+2%	+$19.3M	0.31%	64
2018 Q4	$807M	Sell	12,536,769 -744,855	-6%	-$46.6M	0.3%	64
2018 Q3	$755M	Sell	13,281,624 -350,993	-3%	-$18.6M	0.25%	77
2018 Q2	$666M	Buy	13,632,617 +834,195	+7%	+$47.3M	0.23%	83
2018 Q1	$741M	Buy	12,798,422 +412,376	+3%	+$23.8M	0.27%	70
2017 Q4	$711M	Hold	12,386,046	–	–	0.26%	75
2017 Q3	$665M	Sell	12,386,046 -65,678	-0.5%	-$3.64M	0.25%	74
2017 Q2	$726M	Buy	12,451,724 +160,433	+1%	+$9.7M	0.29%	63
2017 Q1	$718M	Buy	12,291,291 +36,702	+0.3%	+$2.08M	0.29%	66
2016 Q4	$680M	Buy	12,254,589 +432,779	+4%	+$24M	0.3%	62
2016 Q3	$611M	Buy	11,821,810 +256,400	+2%	+$14.3M	0.29%	68
2016 Q2	$661M	Buy	11,565,410 +524,165	+5%	+$29.8M	0.31%	59
2016 Q1	$659M	Sell	11,041,245 -33,636	-0.3%	-$1.96M	0.32%	55
2015 Q4	$665M	Buy	11,074,881 +8,100	+0.1%	+$493K	0.33%	59
2015 Q3	$629M	Buy	11,066,781 +161,736	+1%	+$9.06M	0.33%	56
2015 Q2	$585M	Buy	10,905,045 +159,145	+1%	+$8.07M	0.29%	63
2015 Q1	$509M	Buy	10,745,900 +403,338	+4%	+$18.1M	0.25%	77
2014 Q4	$424M	Buy	10,342,562 +46,012	+0.4%	+$1.8M	0.22%	90
2014 Q3	$388M	Sell	10,296,550 -10,408,658	-50%	-$403M	0.21%	92
2014 Q2	$801M	Buy	20,705,208 +10,324,442	+99%	+$375M	0.22%	91
2014 Q1	$381M	Hold	10,380,766	–	–	0.21%	94
2013 Q4	$407M	Sell	10,380,766 -430,858	-4%	-$17M	0.23%	84
2013 Q3	$416M	Sell	10,811,624 -640,198	-6%	-$23M	0.24%	78
2013 Q2	$375M	Buy	+11,451,822	New	+$356M	0.23%	87

Other funds holding SBUX

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Norges Bank's SBUX Position: Q1 2026 in Review

Norges Bank sold out of Starbucks (SBUX) in Q1 2026, closing a stake of 14,637,807 shares — an estimated $1.23B sold.

Norges Bank first reported a position in SBUX in Q2 2013 and held it in 50 quarters. The position peaked at $1.31B in Q1 2025. 2,331 funds tracked by Wall St. Rank hold SBUX as of Q1 2026.

Norges Bank reported no remaining Starbucks position as of Q1 2026 after selling out during the quarter.
Norges Bank sold 14,637,807 Starbucks shares in Q1 2026, an estimated $1.23B.
Norges Bank first reported a position in Starbucks in Q2 2013 and held it in 50 quarters.
Norges Bank's Starbucks position peaked at $1.31B in Q1 2025.
2,331 funds tracked by Wall St. Rank held Starbucks as of Q1 2026.

Based on Norges Bank's 13F filing for Q1 2026.