Starbucks
SBUX
1,872 hedge funds and large institutions have $53.6B invested in Starbucks in 2020 Q1 according to their latest regulatory filings, with 200 funds opening new positions, 874 increasing their positions, 643 reducing their positions, and 226 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 874 | Existing positions reduced: 643
0.62% more ownership
Funds ownership: 68.99% → 69.6% (+0.62%)
3% less funds holding
Funds holding: 1,923 → 1,872 (-51)
6% less funds holding in top 10
Funds holding in top 10: 62 → 58 (-4)
12% less first-time investments, than exits
New positions opened: 200 | Existing positions closed: 226
25% less capital invested
Capital invested by funds: $71.6B → $53.6B (-$18B)
47% less call options, than puts
Call options by funds: $929M | Put options by funds: $1.75B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$389M |
| 2 |
PSCM
Pershing Square Capital Management
New York
|
+$378M |
| 3 |
BlackRock
New York
|
+$292M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$263M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$255M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$948M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$707M |
| 3 |
Renaissance Technologies
New York
|
-$323M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$213M |
| 5 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$193M |
SBUX Hedge Fund Activity: Q1 2020 in Review
1,872 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Starbucks (SBUX) for Q1 2020, worth a combined $53.6B — down 25% from $71.6B a quarter earlier.
Sellers outnumbered buyers: 226 funds closed out of SBUX and 200 opened new positions — a net loss of 26 holders — while 643 trimmed existing stakes and 874 added.
The largest buyer was Lazard Asset Management, adding an estimated $389M. The largest seller was Bank of New York Mellon, cutting an estimated $948M.
- 1,872 institutional investors held Starbucks (SBUX) as of Q1 2020, down from 1,923 in Q4 2019.
- Funds reported $53.6B of Starbucks stock for Q1 2020, down 25% quarter-over-quarter.
- 200 funds opened new Starbucks positions in Q1 2020 and 226 closed out, a net change of -26 holders.
- The largest Starbucks buyer in Q1 2020 was Lazard Asset Management, an estimated $389M added.
- The largest Starbucks seller in Q1 2020 was Bank of New York Mellon, an estimated $948M sold.
Based on aggregated 13F filings for Q1 2020.