Starbucks
SBUX
1,393 hedge funds and large institutions have $54.9B invested in Starbucks in 2017 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 587 increasing their positions, 561 reducing their positions, and 123 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 587 | Existing positions reduced: 561
0.87% less ownership
Funds ownership: 71.66% → 70.78% (-0.87%)
3% less funds holding
Funds holding: 1,438 → 1,393 (-45)
9% less capital invested
Capital invested by funds: $60.5B → $54.9B (-$5.62B)
24% less first-time investments, than exits
New positions opened: 93 | Existing positions closed: 123
33% less funds holding in top 10
Funds holding in top 10: 54 → 36 (-18)
61% less call options, than puts
Call options by funds: $878M | Put options by funds: $2.23B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$676M |
| 2 |
Parnassus Investments
San Francisco,
California
|
+$515M |
| 3 |
MAM
Magellan Asset Management
Sydney,
Australia
|
+$424M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$279M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$260M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$1.59B |
| 2 |
JP Morgan Chase
New York
|
-$679M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$567M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$302M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$246M |
SBUX Hedge Fund Activity: Q3 2017 in Review
1,393 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Starbucks (SBUX) for Q3 2017, worth a combined $54.9B — down 9.3% from $60.5B a quarter earlier.
Sellers outnumbered buyers: 123 funds closed out of SBUX and 93 opened new positions — a net loss of 30 holders — while 561 trimmed existing stakes and 587 added.
The largest buyer was Wellington Management Group, adding an estimated $676M. The largest seller was T. Rowe Price Associates, cutting an estimated $1.59B.
- 1,393 institutional investors held Starbucks (SBUX) as of Q3 2017, down from 1,438 in Q2 2017.
- Funds reported $54.9B of Starbucks stock for Q3 2017, down 9.3% quarter-over-quarter.
- 93 funds opened new Starbucks positions in Q3 2017 and 123 closed out, a net change of -30 holders.
- The largest Starbucks buyer in Q3 2017 was Wellington Management Group, an estimated $676M added.
- The largest Starbucks seller in Q3 2017 was T. Rowe Price Associates, an estimated $1.59B sold.
Based on aggregated 13F filings for Q3 2017.