Starbucks
SBUX
2,367 hedge funds and large institutions have $84.4B invested in Starbucks in 2023 Q1 according to their latest regulatory filings, with 186 funds opening new positions, 893 increasing their positions, 1,016 reducing their positions, and 100 closing their positions.
86% more first-time investments, than exits
New positions opened: 186 | Existing positions closed: 100
66% more call options, than puts
Call options by funds: $3.19B | Put options by funds: $1.93B
2% more funds holding
Funds holding: 2,331 → 2,367 (+36)
1% more capital invested
Capital invested by funds: $83.2B → $84.4B (+$1.18B)
0% more funds holding in top 10
Funds holding in top 10: 67 → 67 (0)
1.17% less ownership
Funds ownership: 72.22% → 71.05% (-1.2%)
12% less repeat investments, than reductions
Existing positions increased: 893 | Existing positions reduced: 1,016
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCP
Varenne Capital Partners
Paris,
France
|
+$204M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$159M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$140M |
| 4 |
Two Sigma Investments
New York
|
+$128M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$128M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$784M |
| 2 |
Morgan Stanley
New York
|
-$518M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$257M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$227M |
| 5 |
BCF
BLS Capital Fondsmaeglerselskab
Klampenborg,
Denmark
|
-$215M |
SBUX Hedge Fund Activity: Q1 2023 in Review
2,367 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Starbucks (SBUX) for Q1 2023, worth a combined $84.4B — up 1.4% from $83.2B a quarter earlier.
Buyers outnumbered sellers: 186 funds opened new SBUX positions and 100 closed out — a net gain of 86 holders — while 893 added to existing stakes and 1,016 trimmed.
The largest buyer was Varenne Capital Partners, opening a new position worth an estimated $204M. The largest seller was Capital World Investors, cutting an estimated $784M.
- 2,367 institutional investors held Starbucks (SBUX) as of Q1 2023, up from 2,331 in Q4 2022.
- Funds reported $84.4B of Starbucks stock for Q1 2023, up 1.4% quarter-over-quarter.
- 186 funds opened new Starbucks positions in Q1 2023 and 100 closed out, a net change of +86 holders.
- The largest Starbucks buyer in Q1 2023 was Varenne Capital Partners, an estimated $204M added.
- The largest Starbucks seller in Q1 2023 was Capital World Investors, an estimated $784M sold.
Based on aggregated 13F filings for Q1 2023.