Diageo
1,016 hedge funds and large institutions have $8.8B invested in Diageo in 2024 Q1 according to their latest regulatory filings, with 105 funds opening new positions, 365 increasing their positions, 370 reducing their positions, and 88 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
19% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 88
14% more call options, than puts
Call options by funds: $97.4M | Put options by funds: $85.4M
3% more capital invested
Capital invested by funds: $8.55B → $8.8B (+$251M)
1% more funds holding
Funds holding: 1,010 → 1,016 (+6)
0.06% more ownership
Funds ownership: 2.62% → 2.67% (+0.06%)
1% less repeat investments, than reductions
Existing positions increased: 365 | Existing positions reduced: 370
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$226M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$185M |
| 3 |
BlackRock
New York
|
+$129M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$100M |
| 5 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
+$72.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$418M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$115M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
-$70M |
| 4 |
HMP
HS Management Partners
New York
|
-$54.2M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$43.3M |
DEO Hedge Fund Activity: Q1 2024 in Review
1,016 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Diageo (DEO) for Q1 2024, worth a combined $8.8B — up 2.9% from $8.55B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new DEO positions and 88 closed out — a net gain of 17 holders — while 365 added to existing stakes and 370 trimmed.
The largest buyer was Orbis Allan Gray, opening a new position worth an estimated $226M. The largest seller was Morgan Stanley, cutting an estimated $418M.
- 1,016 institutional investors held Diageo (DEO) as of Q1 2024, up from 1,010 in Q4 2023.
- Funds reported $8.8B of Diageo stock for Q1 2024, up 2.9% quarter-over-quarter.
- 105 funds opened new Diageo positions in Q1 2024 and 88 closed out, a net change of +17 holders.
- The largest Diageo buyer in Q1 2024 was Orbis Allan Gray, an estimated $226M added.
- The largest Diageo seller in Q1 2024 was Morgan Stanley, an estimated $418M sold.
Based on aggregated 13F filings for Q1 2024.