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1,000 hedge funds and large institutions have $9.65B invested in Diageo in 2023 Q2 according to their latest regulatory filings, with 65 funds opening new positions, 374 increasing their positions, 349 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more call options, than puts

Call options by funds: $133M | Put options by funds: $114M

7% more repeat investments, than reductions

Existing positions increased: 374 | Existing positions reduced: 349

0.02% more ownership

Funds ownership: 2.46%2.48% (+0.02%)

4% less capital invested

Capital invested by funds: $10B → $9.65B (-$353M)

7% less first-time investments, than exits

New positions opened: 65 | Existing positions closed: 70

1% less funds holding

Funds holding: 1,0141,000 (-14)

23% less funds holding in top 10

Funds holding in top 10: 1310 (-3)

Holders
1,000
Holders Change
-14
Holders Change %
-1.38%
% of All Funds
15.7%
Holding in Top 10
10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-23.08%
% of All Funds
0.16%
New
65
Increased
374
Reduced
349
Closed
70
Calls
$133M
Puts
$114M
Net Calls
+$19.6M
Net Calls Change
+$8.96M
Name Holding Trade Value Shares
Change
Change in
Stake
CIBC Private Wealth Group
51
CIBC Private Wealth Group
Georgia
$27.4M +$645K +3,612 +2%
LPL Financial
52
LPL Financial
California
$27.3M +$31.6K +177 +0.1%
National Bank of Canada
53
National Bank of Canada
Quebec, Canada
$26.2M +$163K +913 +0.6%
CQS
54
Credential Qtrade Securities
$25.7M +$1.12M +6,283 +4%
TBC
55
Tweedy, Browne Co
Connecticut
$25.4M -$26.8K -150 -0.1%
First Manhattan
56
First Manhattan
New York
$23.1M -$3.27M -18,307 -12%
PWLP
57
Prio Wealth Limited Partnership
Massachusetts
$22.4M -$281K -1,573 -1%
RMA
58
Roffman Miller Associates
Pennsylvania
$22.2M +$61.1K +342 +0.3%
SEI Investments
59
SEI Investments
Pennsylvania
$22.2M +$1.69M +9,457 +8%
SSWM
60
Smith Salley Wealth Management
North Carolina
$20.9M +$53.6K +300 +0.3%
AT
61
Avalon Trust
New Mexico
$20.8M +$21.4M +119,867 +42,356%
Invesco
62
Invesco
Georgia
$20.7M +$1.84M +10,331 +9%
NI
63
Nuance Investments
Missouri
$20.7M +$4.02M +22,497 +23%
BCWM
64
Bartlett & Co Wealth Management
Ohio
$20.5M +$464K +2,600 +2%
BC
65
Bartlett & Co
Ohio
$20.5M +$464K +2,600 +2%
TIM
66
Thornburg Investment Management
New Mexico
$20M +$1.55M +8,693 +8%
Baird Financial Group
67
Baird Financial Group
Wisconsin
$19.4M -$3.63M -20,339 -15%
CI
68
Cambiar Investors
Colorado
$19.3M -$1.16M -6,521 -6%
CCM
69
Causeway Capital Management
California
$19.3M +$9.94M +55,686 +100%
Rockefeller Capital Management
70
Rockefeller Capital Management
New York
$19.3M +$1.21M +6,776 +6%
Victory Capital Management
71
Victory Capital Management
Texas
$18.9M
MCM
72
Mill Capital Management
North Carolina
$18.7M +$130K +726 +0.7%
Truist Financial
73
Truist Financial
North Carolina
$18.6M +$402K +2,251 +2%
Bank of Montreal
74
Bank of Montreal
Ontario, Canada
$18.1M +$594K +3,330 +3%
CCP
75
Clarkston Capital Partners
Michigan
$17.9M +$171K +958 +0.9%

DEO Hedge Fund Activity: Q2 2023 in Review

1,000 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Diageo (DEO) for Q2 2023, worth a combined $9.65B — down 3.5% from $10B a quarter earlier.

Sellers outnumbered buyers: 70 funds closed out of DEO and 65 opened new positions — a net loss of 5 holders — while 349 trimmed existing stakes and 374 added.

The largest buyer was Kovitz Investment Group Partners, opening a new position worth an estimated $79.9M. The largest seller was Bank of America, cutting an estimated $51.3M.

  • 1,000 institutional investors held Diageo (DEO) as of Q2 2023, down from 1,014 in Q1 2023.
  • Funds reported $9.65B of Diageo stock for Q2 2023, down 3.5% quarter-over-quarter.
  • 65 funds opened new Diageo positions in Q2 2023 and 70 closed out, a net change of -5 holders.
  • The largest Diageo buyer in Q2 2023 was Kovitz Investment Group Partners, an estimated $79.9M added.
  • The largest Diageo seller in Q2 2023 was Bank of America, an estimated $51.3M sold.

Based on aggregated 13F filings for Q2 2023.