Diageo
956 hedge funds and large institutions have $8.29B invested in Diageo in 2023 Q3 according to their latest regulatory filings, with 73 funds opening new positions, 318 increasing their positions, 362 reducing their positions, and 101 closing their positions.
71% more call options, than puts
Call options by funds: $101M | Put options by funds: $58.9M
0.02% less ownership
Funds ownership: 2.48% → 2.46% (-0.02%)
4% less funds holding
Funds holding: 1,000 → 956 (-44)
12% less repeat investments, than reductions
Existing positions increased: 318 | Existing positions reduced: 362
14% less capital invested
Capital invested by funds: $9.65B → $8.29B (-$1.36B)
28% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 101
60% less funds holding in top 10
Funds holding in top 10: 10 → 4 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fayez Sarofim & Co
Houston,
Texas
|
+$30.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$23.2M |
| 3 |
FGAM
Financial Gravity Asset Management
Lakeway,
Texas
|
+$18.8M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$16.3M |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$67.3M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
-$38.7M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$27.5M |
| 4 |
Natixis Advisors
Boston,
Massachusetts
|
-$24M |
| 5 |
Lazard Asset Management
New York
|
-$17.4M |
DEO Hedge Fund Activity: Q3 2023 in Review
956 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Diageo (DEO) for Q3 2023, worth a combined $8.29B — down 14% from $9.65B a quarter earlier.
Sellers outnumbered buyers: 101 funds closed out of DEO and 73 opened new positions — a net loss of 28 holders — while 362 trimmed existing stakes and 318 added.
The largest buyer was Fayez Sarofim & Co, adding an estimated $30.9M. The largest seller was Morgan Stanley, cutting an estimated $67.3M.
- 956 institutional investors held Diageo (DEO) as of Q3 2023, down from 1,000 in Q2 2023.
- Funds reported $8.29B of Diageo stock for Q3 2023, down 14% quarter-over-quarter.
- 73 funds opened new Diageo positions in Q3 2023 and 101 closed out, a net change of -28 holders.
- The largest Diageo buyer in Q3 2023 was Fayez Sarofim & Co, an estimated $30.9M added.
- The largest Diageo seller in Q3 2023 was Morgan Stanley, an estimated $67.3M sold.
Based on aggregated 13F filings for Q3 2023.