Starbucks
SBUX
1,624 hedge funds and large institutions have $58.6B invested in Starbucks in 2018 Q4 according to their latest regulatory filings, with 247 funds opening new positions, 488 increasing their positions, 711 reducing their positions, and 88 closing their positions.
181% more first-time investments, than exits
New positions opened: 247 | Existing positions closed: 88
120% more funds holding in top 10
Funds holding in top 10: 35 → 77 (+42)
10% more funds holding
Funds holding: 1,483 → 1,624 (+141)
7% more capital invested
Capital invested by funds: $54.6B → $58.6B (+$3.99B)
2.69% more ownership
Funds ownership: 71.18% → 73.86% (+2.7%)
31% less repeat investments, than reductions
Existing positions increased: 488 | Existing positions reduced: 711
57% less call options, than puts
Call options by funds: $1.39B | Put options by funds: $3.22B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Pershing Square Capital Management
New York
|
+$736M |
| 2 |
Goldman Sachs
New York
|
+$688M |
| 3 |
Millennium Management
New York
|
+$371M |
| 4 |
Two Sigma Advisers
New York
|
+$343M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$296M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.05B |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$574M |
| 3 |
BlackRock
New York
|
-$536M |
| 4 |
MAM
Magellan Asset Management
Sydney,
Australia
|
-$504M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$345M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MPIA
1701
Mountain Pacific Investment Advisers
Boise,
Idaho
| – | -$18K | -320 | Closed |
|
|
TFS
1702
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$17K | -300 | Closed |
|
|
VRM
1703
Vectors Research Management
New York
| – | -$12K | -250 | Closed |
|
|
MWM
1704
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$13K | -244 | Closed |
|
|
PFO
1705
Pathstone Family Office
Englewood,
New Jersey
| – | -$6K | -100 | Closed |
|
|
OWA
1706
One Wealth Advisors
San Francisco,
California
| – | -$4K | -63 | Closed |
|
|
BAMG
1707
Brand Asset Management Group
Chesterfield,
Missouri
| – | -$2K | -32 | Closed |
|
1708
Financial Engines Advisors
Santa Clara,
California
| – | -$1K | -16 | Closed |
|
|
APC
1709
Aspire Private Capital
Cornelius,
North Carolina
| – | +$125 | +2 | New |
|
|
ST
1710
Sageworth Trust
Lancaster,
Pennsylvania
| – | +$125 | +2 | New |
|
|
EI
1711
Ellevest Inc
New York
| – | +$188 | +3 | New |
|
SBUX Hedge Fund Activity: Q4 2018 in Review
1,624 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Starbucks (SBUX) for Q4 2018, worth a combined $58.6B — up 7.3% from $54.6B a quarter earlier.
Buyers outnumbered sellers: 247 funds opened new SBUX positions and 88 closed out — a net gain of 159 holders — while 488 added to existing stakes and 711 trimmed.
The largest buyer was Pershing Square Capital Management, opening a new position worth an estimated $736M. The largest seller was Morgan Stanley, cutting an estimated $1.05B.
- 1,624 institutional investors held Starbucks (SBUX) as of Q4 2018, up from 1,483 in Q3 2018.
- Funds reported $58.6B of Starbucks stock for Q4 2018, up 7.3% quarter-over-quarter.
- 247 funds opened new Starbucks positions in Q4 2018 and 88 closed out, a net change of +159 holders.
- The largest Starbucks buyer in Q4 2018 was Pershing Square Capital Management, an estimated $736M added.
- The largest Starbucks seller in Q4 2018 was Morgan Stanley, an estimated $1.05B sold.
Based on aggregated 13F filings for Q4 2018.