Diageo
1,014 hedge funds and large institutions have $10B invested in Diageo in 2023 Q1 according to their latest regulatory filings, with 95 funds opening new positions, 366 increasing their positions, 345 reducing their positions, and 71 closing their positions.
34% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 71
16% more call options, than puts
Call options by funds: $77.9M | Put options by funds: $67.2M
9% more capital invested
Capital invested by funds: $9.18B → $10B (+$840M)
6% more repeat investments, than reductions
Existing positions increased: 366 | Existing positions reduced: 345
0.17% more ownership
Funds ownership: 2.29% → 2.46% (+0.17%)
0% less funds holding
Funds holding: 1,017 → 1,014 (-3)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
+$153M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$87M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$55.3M |
| 4 |
Berkshire Hathaway
Omaha,
Nebraska
|
+$40.2M |
| 5 |
JP Morgan Chase
New York
|
+$34.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NEAM
New England Asset Management
Farmington,
Connecticut
|
-$40.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$34.6M |
| 3 |
Millennium Management
New York
|
-$32M |
| 4 |
Renaissance Technologies
New York
|
-$25.6M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$20.9M |
DEO Hedge Fund Activity: Q1 2023 in Review
1,014 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Diageo (DEO) for Q1 2023, worth a combined $10B — up 9.2% from $9.18B a quarter earlier.
Buyers outnumbered sellers: 95 funds opened new DEO positions and 71 closed out — a net gain of 24 holders — while 366 added to existing stakes and 345 trimmed.
The largest buyer was ClearBridge Investments, adding an estimated $153M. The largest seller was New England Asset Management, exiting entirely with an estimated $40.6M sold.
- 1,014 institutional investors held Diageo (DEO) as of Q1 2023, down from 1,017 in Q4 2022.
- Funds reported $10B of Diageo stock for Q1 2023, up 9.2% quarter-over-quarter.
- 95 funds opened new Diageo positions in Q1 2023 and 71 closed out, a net change of +24 holders.
- The largest Diageo buyer in Q1 2023 was ClearBridge Investments, an estimated $153M added.
- The largest Diageo seller in Q1 2023 was New England Asset Management, an estimated $40.6M sold.
Based on aggregated 13F filings for Q1 2023.