Starbucks
SBUX
2,259 hedge funds and large institutions have $65.8B invested in Starbucks in 2024 Q2 according to their latest regulatory filings, with 160 funds opening new positions, 819 increasing their positions, 1,070 reducing their positions, and 315 closing their positions.
36% more capital inflows, than outflows
Capital inflows: $8.89B | Capital outflows: $6.56B
2.21% more ownership
Funds ownership: 72.41% → 74.61% (+2.2%)
7% less call options, than puts
Call options by funds: $2.82B | Put options by funds: $3.02B
8% less funds holding
Funds holding: 2,448 → 2,259 (-189)
23% less repeat investments, than reductions
Existing positions increased: 819 | Existing positions reduced: 1,070
33% less funds holding in top 10
Funds holding in top 10: 33 → 22 (-11)
49% less first-time investments, than exits
New positions opened: 160 | Existing positions closed: 315
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$1.2B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$604M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$341M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$287M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$284M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$510M |
| 2 |
Janus Henderson Group
London,
|
-$373M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$234M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$228M |
| 5 |
JP Morgan Chase
New York
|
-$191M |
SBUX Hedge Fund Activity: Q2 2024 in Review
2,259 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Starbucks (SBUX) for Q2 2024, worth a combined $65.8B — down 12% from $74.8B a quarter earlier.
Sellers outnumbered buyers: 315 funds closed out of SBUX and 160 opened new positions — a net loss of 155 holders — while 1,070 trimmed existing stakes and 819 added.
The largest buyer was Barclays, adding an estimated $1.2B. The largest seller was Royal Bank of Canada, cutting an estimated $510M.
- 2,259 institutional investors held Starbucks (SBUX) as of Q2 2024, down from 2,448 in Q1 2024.
- Funds reported $65.8B of Starbucks stock for Q2 2024, down 12% quarter-over-quarter.
- 160 funds opened new Starbucks positions in Q2 2024 and 315 closed out, a net change of -155 holders.
- The largest Starbucks buyer in Q2 2024 was Barclays, an estimated $1.2B added.
- The largest Starbucks seller in Q2 2024 was Royal Bank of Canada, an estimated $510M sold.
Based on aggregated 13F filings for Q2 2024.