Diageo
750 hedge funds and large institutions have $4.08B invested in Diageo in 2026 Q1 according to their latest regulatory filings, with 91 funds opening new positions, 238 increasing their positions, 280 reducing their positions, and 133 closing their positions.
13% more capital inflows, than outflows
Capital inflows: $998M | Capital outflows: $880M
0.1% more ownership
Funds ownership: 9.76% → 9.85% (+0.1%)
4% less call options, than puts
Call options by funds: $86.4M | Put options by funds: $90.1M
6% less funds holding
Funds holding: 798 → 750 (-48)
15% less repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 280
32% less first-time investments, than exits
New positions opened: 91 | Existing positions closed: 133
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Orbis Allan Gray
Hamilton,
Bermuda
|
+$171M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$113M |
| 3 |
Goldman Sachs
New York
|
+$61.8M |
| 4 |
Altshuler Shaham
Tel Aviv,
Israel
|
+$43.6M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$41.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$119M |
| 2 |
Morgan Stanley
New York
|
-$84.2M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$63.4M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$44.3M |
| 5 |
JP Morgan Chase
New York
|
-$38.8M |
DEO Hedge Fund Activity: Q1 2026 in Review
750 of the 8,225 institutional investors tracked by Wall St. Rank reported a position in Diageo (DEO) for Q1 2026, worth a combined $4.08B — down 13% from $4.68B a quarter earlier.
Sellers outnumbered buyers: 133 funds closed out of DEO and 91 opened new positions — a net loss of 42 holders — while 280 trimmed existing stakes and 238 added.
The largest buyer was Orbis Allan Gray, adding an estimated $171M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $119M.
- 750 institutional investors held Diageo (DEO) as of Q1 2026, down from 798 in Q4 2025.
- Funds reported $4.08B of Diageo stock for Q1 2026, down 13% quarter-over-quarter.
- 91 funds opened new Diageo positions in Q1 2026 and 133 closed out, a net change of -42 holders.
- The largest Diageo buyer in Q1 2026 was Orbis Allan Gray, an estimated $171M added.
- The largest Diageo seller in Q1 2026 was Manulife (Manufacturers Life Insurance), an estimated $119M sold.
Based on aggregated 13F filings for Q1 2026.