Diageo
950 hedge funds and large institutions have $7.4B invested in Diageo in 2024 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 343 increasing their positions, 373 reducing their positions, and 128 closing their positions.
33% more call options, than puts
Call options by funds: $82.5M | Put options by funds: $62M
0.03% less ownership
Funds ownership: 2.67% → 2.64% (-0.03%)
8% less repeat investments, than reductions
Existing positions increased: 343 | Existing positions reduced: 373
6% less funds holding
Funds holding: 1,016 → 950 (-66)
16% less capital invested
Capital invested by funds: $8.8B → $7.4B (-$1.41B)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
36% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 128
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$100M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$58M |
| 3 |
Morgan Stanley
New York
|
+$52.8M |
| 4 |
JP Morgan Chase
New York
|
+$49.8M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$43.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$297M |
| 2 |
ClearBridge Investments
New York
|
-$90.4M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$73.4M |
| 4 |
Natixis Advisors
Boston,
Massachusetts
|
-$57.1M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$50.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NC
1076
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$892 | -6 | Closed |
|
1077
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$744 | -5 | Closed |
|
|
PAM
1078
Palisade Asset Management
Minneapolis,
Minnesota
| – | -$595 | -4 | Closed |
|
DEO Hedge Fund Activity: Q2 2024 in Review
950 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Diageo (DEO) for Q2 2024, worth a combined $7.4B — down 16% from $8.8B a quarter earlier.
Sellers outnumbered buyers: 128 funds closed out of DEO and 82 opened new positions — a net loss of 46 holders — while 373 trimmed existing stakes and 343 added.
The largest buyer was Bank of Montreal, adding an estimated $100M. The largest seller was Charles Schwab, cutting an estimated $297M.
- 950 institutional investors held Diageo (DEO) as of Q2 2024, down from 1,016 in Q1 2024.
- Funds reported $7.4B of Diageo stock for Q2 2024, down 16% quarter-over-quarter.
- 82 funds opened new Diageo positions in Q2 2024 and 128 closed out, a net change of -46 holders.
- The largest Diageo buyer in Q2 2024 was Bank of Montreal, an estimated $100M added.
- The largest Diageo seller in Q2 2024 was Charles Schwab, an estimated $297M sold.
Based on aggregated 13F filings for Q2 2024.