Diageo
1,018 hedge funds and large institutions have $8.8B invested in Diageo in 2024 Q1 according to their latest regulatory filings, with 106 funds opening new positions, 365 increasing their positions, 369 reducing their positions, and 88 closing their positions.
73% more capital inflows, than outflows
Capital inflows: $1.37B | Capital outflows: $790M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
20% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 88
14% more call options, than puts
Call options by funds: $97.4M | Put options by funds: $85.4M
0.72% more ownership
Funds ownership: 9.97% → 10.69% (+0.72%)
1% more funds holding
Funds holding: 1,011 → 1,018 (+7)
1% less repeat investments, than reductions
Existing positions increased: 365 | Existing positions reduced: 369
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Orbis Allan Gray
Hamilton,
Bermuda
|
+$226M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$185M |
| 3 |
BlackRock
New York
|
+$129M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$100M |
| 5 |
Morningstar Investment Services
Chicago,
Illinois
|
+$72.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$115M |
| 2 |
Davenport & Co
Richmond,
Virginia
|
-$70M |
| 3 |
HS Management Partners
New York
|
-$54.2M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$43.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$38.7M |
DEO Hedge Fund Activity: Q1 2024 in Review
1,018 of the 6,966 institutional investors tracked by Wall St. Rank reported a position in Diageo (DEO) for Q1 2024, worth a combined $8.8B — up 8.9% from $8.08B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new DEO positions and 88 closed out — a net gain of 18 holders — while 365 added to existing stakes and 369 trimmed.
The largest buyer was Orbis Allan Gray, opening a new position worth an estimated $226M. The largest seller was UBS Group, cutting an estimated $115M.
- 1,018 institutional investors held Diageo (DEO) as of Q1 2024, up from 1,011 in Q4 2023.
- Funds reported $8.8B of Diageo stock for Q1 2024, up 8.9% quarter-over-quarter.
- 106 funds opened new Diageo positions in Q1 2024 and 88 closed out, a net change of +18 holders.
- The largest Diageo buyer in Q1 2024 was Orbis Allan Gray, an estimated $226M added.
- The largest Diageo seller in Q1 2024 was UBS Group, an estimated $115M sold.
Based on aggregated 13F filings for Q1 2024.