Starbucks
SBUX
2,253 hedge funds and large institutions have $65.8B invested in Starbucks in 2024 Q2 according to their latest regulatory filings, with 159 funds opening new positions, 816 increasing their positions, 1,068 reducing their positions, and 314 closing their positions.
2.21% more ownership
Funds ownership: 72.4% → 74.61% (+2.2%)
7% less call options, than puts
Call options by funds: $2.82B | Put options by funds: $3.02B
8% less funds holding
Funds holding: 2,442 → 2,253 (-189)
12% less capital invested
Capital invested by funds: $74.8B → $65.8B (-$9B)
24% less repeat investments, than reductions
Existing positions increased: 816 | Existing positions reduced: 1,068
33% less funds holding in top 10
Funds holding in top 10: 33 → 22 (-11)
49% less first-time investments, than exits
New positions opened: 159 | Existing positions closed: 314
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$1.2B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$604M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$341M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$287M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$284M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$510M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$373M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$234M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$228M |
| 5 |
JP Morgan Chase
New York
|
-$191M |
SBUX Hedge Fund Activity: Q2 2024 in Review
2,253 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Starbucks (SBUX) for Q2 2024, worth a combined $65.8B — down 12% from $74.8B a quarter earlier.
Sellers outnumbered buyers: 314 funds closed out of SBUX and 159 opened new positions — a net loss of 155 holders — while 1,068 trimmed existing stakes and 816 added.
The largest buyer was Barclays, adding an estimated $1.2B. The largest seller was Royal Bank of Canada, cutting an estimated $510M.
- 2,253 institutional investors held Starbucks (SBUX) as of Q2 2024, down from 2,442 in Q1 2024.
- Funds reported $65.8B of Starbucks stock for Q2 2024, down 12% quarter-over-quarter.
- 159 funds opened new Starbucks positions in Q2 2024 and 314 closed out, a net change of -155 holders.
- The largest Starbucks buyer in Q2 2024 was Barclays, an estimated $1.2B added.
- The largest Starbucks seller in Q2 2024 was Royal Bank of Canada, an estimated $510M sold.
Based on aggregated 13F filings for Q2 2024.