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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
Bank of America
1
Bank of America
North Carolina
$850M -$51.3M -287,449 -6%
Morgan Stanley
2
Morgan Stanley
New York
$641M +$2.88M +16,117 +0.4%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$603M +$6.55M +36,696 +1%
ClearBridge Investments
4
ClearBridge Investments
New York
$412M -$1.94M -10,844 -0.5%
Wells Fargo
5
Wells Fargo
California
$406M -$4.44M -24,877 -1%
UBS Group
6
UBS Group
Switzerland
$348M -$11.2M -62,709 -3%
Charles Schwab
7
Charles Schwab
California
$338M -$95.9K -537 -0%
LCOV
8
London Company of Virginia
Virginia
$287M -$7.32M -40,977 -2%
MG
9
Markel Group
Virginia
$234M
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$201M +$5.24M +29,369 +3%
BBHC
11
Brown Brothers Harriman & Co
New York
$197M -$4.92M -27,558 -2%
Massachusetts Financial Services
12
Massachusetts Financial Services
Massachusetts
$190M +$10.5M +58,600 +6%
CIM
13
Confluence Investment Management
Missouri
$149M -$2.44M -13,680 -2%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$144M +$2.69M +15,085 +2%
JFL
15
Jarislowsky, Fraser Ltd
Quebec, Canada
$126M +$545K +3,053 +0.4%
Fayez Sarofim & Co
16
Fayez Sarofim & Co
Texas
$109M -$3.61M -20,228 -3%
Goldman Sachs
17
Goldman Sachs
New York
$101M -$4.55M -25,470 -4%
GF
18
Gabelli Funds
New York
$101M +$2.49M +13,955 +2%
CCM
19
Cullen Capital Management
New York
$99.6M +$194K +1,086 +0.2%
DC
20
Davenport & Co
Virginia
$97.6M +$454K +2,544 +0.5%
Natixis Advisors
21
Natixis Advisors
Massachusetts
$96.7M +$552K +3,093 +0.6%
RJA
22
Raymond James & Associates
Florida
$96.3M -$2.43M -13,605 -2%
HMP
23
HS Management Partners
New York
$93.5M +$1.87M +10,470 +2%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$90.3M -$38.8M -217,386 -29%
Public Employees Retirement Association of Colorado
25
Public Employees Retirement Association of Colorado
Colorado
$86.5M

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.