Starbucks
SBUX
889 hedge funds and large institutions have $43.3B invested in Starbucks in 2013 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 324 increasing their positions, 366 reducing their positions, and 49 closing their positions.
78% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 49
21% more funds holding in top 10
Funds holding in top 10: 47 → 57 (+10)
18% more capital invested
Capital invested by funds: $36.8B → $43.3B (+$6.57B)
3% more funds holding
Funds holding: 859 → 889 (+30)
11% less repeat investments, than reductions
Existing positions increased: 324 | Existing positions reduced: 366
34% less call options, than puts
Call options by funds: $508M | Put options by funds: $768M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$287M |
| 2 |
Goldman Sachs
New York
|
+$202M |
| 3 |
JP Morgan Chase
New York
|
+$180M |
| 4 |
Jennison Associates
New York
|
+$136M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$94.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
-$202M |
| 2 |
SCM
Scout Capital Management
New York
|
-$194M |
| 3 |
KeyBank National Association
Cleveland,
Ohio
|
-$165M |
| 4 |
MCM
Marsico Capital Management
Denver,
Colorado
|
-$97.1M |
| 5 |
CM
Churchill Management
Los Angeles,
California
|
-$82.2M |
SBUX Hedge Fund Activity: Q3 2013 in Review
889 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Starbucks (SBUX) for Q3 2013, worth a combined $43.3B — up 18% from $36.8B a quarter earlier.
Buyers outnumbered sellers: 87 funds opened new SBUX positions and 49 closed out — a net gain of 38 holders — while 324 added to existing stakes and 366 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $287M. The largest seller was Sands Capital Management, cutting an estimated $202M.
- 889 institutional investors held Starbucks (SBUX) as of Q3 2013, up from 859 in Q2 2013.
- Funds reported $43.3B of Starbucks stock for Q3 2013, up 18% quarter-over-quarter.
- 87 funds opened new Starbucks positions in Q3 2013 and 49 closed out, a net change of +38 holders.
- The largest Starbucks buyer in Q3 2013 was Fidelity Investments, an estimated $287M added.
- The largest Starbucks seller in Q3 2013 was Sands Capital Management, an estimated $202M sold.
Based on aggregated 13F filings for Q3 2013.