Starbucks
SBUX
2,442 hedge funds and large institutions have $74.8B invested in Starbucks in 2024 Q1 according to their latest regulatory filings, with 173 funds opening new positions, 1,010 increasing their positions, 999 reducing their positions, and 155 closing their positions.
23% more call options, than puts
Call options by funds: $2.17B | Put options by funds: $1.77B
12% more first-time investments, than exits
New positions opened: 173 | Existing positions closed: 155
1% more repeat investments, than reductions
Existing positions increased: 1,010 | Existing positions reduced: 999
1% less funds holding
Funds holding: 2,458 → 2,442 (-16)
1.64% less ownership
Funds ownership: 74.04% → 72.4% (-1.6%)
7% less capital invested
Capital invested by funds: $80.8B → $74.8B (-$5.99B)
21% less funds holding in top 10
Funds holding in top 10: 42 → 33 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$853M |
| 2 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$423M |
| 3 |
Flossbach Von Storch
Cologne,
Germany
|
+$269M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$262M |
| 5 |
VanEck Associates
New York
|
+$193M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.58B |
| 2 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
-$587M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$440M |
| 4 |
AIM
Alphinity Investment Management
Sydney,
Australia
|
-$342M |
| 5 |
Renaissance Technologies
New York
|
-$299M |
SBUX Hedge Fund Activity: Q1 2024 in Review
2,442 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Starbucks (SBUX) for Q1 2024, worth a combined $74.8B — down 7.4% from $80.8B a quarter earlier.
Buyers outnumbered sellers: 173 funds opened new SBUX positions and 155 closed out — a net gain of 18 holders — while 1,010 added to existing stakes and 999 trimmed.
The largest buyer was Wells Fargo, adding an estimated $853M. The largest seller was Morgan Stanley, cutting an estimated $1.58B.
- 2,442 institutional investors held Starbucks (SBUX) as of Q1 2024, down from 2,458 in Q4 2023.
- Funds reported $74.8B of Starbucks stock for Q1 2024, down 7.4% quarter-over-quarter.
- 173 funds opened new Starbucks positions in Q1 2024 and 155 closed out, a net change of +18 holders.
- The largest Starbucks buyer in Q1 2024 was Wells Fargo, an estimated $853M added.
- The largest Starbucks seller in Q1 2024 was Morgan Stanley, an estimated $1.58B sold.
Based on aggregated 13F filings for Q1 2024.