STARBUCKS CORP SBUX
COM · Common Stock · CUSIP 855244109 · ISIN US8552441094
American multinational coffee company
- SectorConsumer discretionary
- IndustryRetail-Eating & Drinking Places
- HeadquartersSeattle, WA
- Founded1971
- Websitestarbucks.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($475.5m this quarter). Holder counts are more reliable. Shares outstanding: 1.1bn as of 2023-01-27, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $97.95. Options: 65 managers hold calls ($3.0bn notional), 64 hold puts ($2.2bn).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,167 |
| Q4 2022 | 2,336 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $2.7bn | $2.0bn | 0.73 |
| Q4 2022 | $3.0bn | $2.2bn | 0.73 |
Biggest buyers
| MORGAN STANLEY | Added | +8.5m |
| McElhenny Sheffield Capital Management, LLC | New | +7.9m |
| BANK OF AMERICA CORP /DE/ | Added | +3.5m |
| BlackRock Inc. | Added | +2.6m |
| LORD, ABBETT & CO. LLC | Added | +2.3m |
| Amundi | Added | +1.9m |
| Cottage Street Advisors LLC | Added | +1.9m |
| VANGUARD GROUP INC | Added | +1.8m |
| Alphinity Investment Management Pty Ltd | New | +1.4m |
| Balyasny Asset Management L.P. | Added | +1.4m |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -8.6m |
| JANUS HENDERSON GROUP PLC | Reduced | -4.3m |
| JANE STREET GROUP, LLC | Reduced | -3.4m |
| T. Rowe Price Investment Management, Inc. | Reduced | -2.4m |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -1.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.3m |
| Point72 Asset Management, L.P. | Sold out | -1.3m |
| D. E. Shaw & Co., Inc. | Reduced | -981.7k |
| POLEN CAPITAL MANAGEMENT LLC | Reduced | -949.2k |
| Winslow Capital Management, LLC | Reduced | -948.4k |
Biggest calls
| BANK OF AMERICA CORP /DE/ | Added | $953.3m9.6m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $430.0m4.3m shares |
| CITADEL ADVISORS LLC | Reduced | $351.4m3.5m shares |
| JANE STREET GROUP, LLC | Reduced | $173.0m1.7m shares |
| D. E. Shaw & Co., Inc. | Added | $130.5m1.3m shares |
| SIMPLEX TRADING, LLC | Reduced | $125.8m1.3m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $102.1m1.0m shares |
| Optiver Holding B.V. | Added | $81.4m820.6k shares |
| Varenne Capital Partners | Reduced | $62.0m187.9k shares |
| WOLVERINE TRADING, LLC | Reduced | $58.2m586.3k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $310.5m3.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $292.1m2.9m shares |
| JANE STREET GROUP, LLC | Reduced | $180.0m1.8m shares |
| SIMPLEX TRADING, LLC | Added | $125.7m1.3m shares |
| D. E. Shaw & Co., Inc. | Added | $119.8m1.2m shares |
| Laurion Capital Management LP | Reduced | $113.5m1.1m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $92.7m934.3k shares |
| Optiver Holding B.V. | Added | $86.9m875.9k shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $83.8m8.4k shares |
| Walleye Trading LLC | Reduced | $73.6m741.7k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Capital Research Global Investors 13G · institution +2.3 pts · filed 2026-05-14 | 9.0% |
| Capital World Investors 13G · institution -1.0 pts · filed 2026-08-12 | 8.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 4 | $35.4m | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 1 | $15.0m | 0 | — | — |
| Q3 2022 | 2 | $6.0m | 1 | $373.9k | — |
| Q4 2022 | 0 | — | 2 | $2.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-12-08 | Shih Clara Director | Sold | $723.0k7.0k shares |
| 2022-11-23 | Conway Michael Aaron group president International | Sold | $1.5m15.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.29% of their portfolio | 105.6m $10.5bn | Added +1.8m |
| BlackRock Inc. 0.24% of their portfolio | 76.1m $7.5bn | Added +2.6m |
| STATE STREET CORP 0.26% of their portfolio | 44.0m $4.4bn | Reduced -909.7k |
| BANK OF AMERICA CORP /DE/ 0.39% of their portfolio | 31.1m $3.1bn | Added +3.5m |
| MORGAN STANLEY 0.30% of their portfolio | 26.7m $2.7bn | Added +8.5m |
| Capital Research Global Investors 0.78% of their portfolio | 26.0m $2.6bn | Added +795.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.29% of their portfolio | 21.2m $2.1bn | Added +487.9k |
| NORTHERN TRUST CORP 0.33% of their portfolio | 15.7m $1.6bn | Added +292.7k |
| ROYAL BANK OF CANADA 0.46% of their portfolio | 15.3m $1.5bn | Added +215.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.28% of their portfolio | 14.1m $1.4bn | Reduced -8.6m |
| NORGES BANK 0.29% of their portfolio | 12.3m $1.2bn | Added +508.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.32% of their portfolio | 10.3m $1.0bn | Added +108.9k |
| WELLS FARGO & COMPANY/MN 0.32% of their portfolio | 10.3m $1.0bn | Reduced -138.6k |
| Fisher Asset Management, LLC 0.68% of their portfolio | 10.2m $1.0bn | Added +560.1k |
| Capital World Investors 0.21% of their portfolio | 10.0m $991.1m | Reduced -5.2k |
| Bank of New York Mellon Corp 0.22% of their portfolio | 9.8m $968.8m | Reduced -43.9k |
| LOOMIS SAYLES & CO L P 1.90% of their portfolio | 9.6m $948.9m | Reduced -707.2k |
| UBS Group AG 0.39% of their portfolio | 8.2m $814.4m | Added +785.1k |
| JPMORGAN CHASE & CO 0.12% of their portfolio | 8.2m $811.4m | Added +380.5k |
| McElhenny Sheffield Capital Management, LLC 3.68% of their portfolio | 7.9m $8.0m | New |
| Legal & General Group Plc 0.28% of their portfolio | 7.4m $732.1m | Reduced -534.4k |
| Invesco Ltd. 0.21% of their portfolio | 7.1m $708.5m | Added +1.0m |
| Capital International Investors 0.19% of their portfolio | 7.1m $705.2m | Added +64.9k |
| Nuveen Asset Management, LLC 0.25% of their portfolio | 6.5m $642.4m | Added +377.3k |
| PUBLIC INVESTMENT FUND 2.02% of their portfolio | 6.3m $626.3m | Unchanged |
| FMR LLC 0.06% of their portfolio | 5.8m $573.0m | Added +442.1k |
| ALLIANCEBERNSTEIN L.P. 0.25% of their portfolio | 5.7m $562.7m | Reduced -459.3k |
| FRANKLIN RESOURCES INC 0.28% of their portfolio | 5.4m $531.9m | Added +58.7k |
| GOLDMAN SACHS GROUP INC 0.14% of their portfolio | 4.9m $490.3m | Reduced -69.6k |
| JANUS HENDERSON GROUP PLC 0.33% of their portfolio | 4.7m $468.8m | Reduced -4.3m |
| Swiss National Bank 0.33% of their portfolio | 4.7m $462.6m | Reduced -306.9k |
| JENSEN INVESTMENT MANAGEMENT INC 3.55% of their portfolio | 4.6m $454.4m | Added +238.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.24% of their portfolio | 4.6m $452.0m | Added +229.5k |
| BARCLAYS PLC 0.38% of their portfolio | 4.4m $438.3m | First filing |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.07% of their portfolio | 4.4m $432.5m | Added +382.9k |
| LONDON CO OF VIRGINIA 2.51% of their portfolio | 4.3m $425.5m | Added +221.7k |
| STIFEL FINANCIAL CORP 0.62% of their portfolio | 4.1m $411.5m | Added +115.8k |
| Amundi 0.24% of their portfolio | 4.1m $436.7m | Added +1.9m |
| NORDEA INVESTMENT MANAGEMENT AB 0.59% of their portfolio | 3.9m $381.9m | Reduced -197.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.19% of their portfolio | 3.7m $368.5m | Reduced -33.6k |
| T. Rowe Price Investment Management, Inc. 0.28% of their portfolio | 3.7m $367.0m | Reduced -2.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.12% of their portfolio | 3.6m $352.8m | Reduced -1.3m |
| BLS Capital Fondsmaeglerselskab A/S 10.05% of their portfolio | 3.5m $350.8m | Added +228.1k |
| LORD, ABBETT & CO. LLC 0.62% of their portfolio | 3.5m $346.5m | Added +2.3m |
| Winslow Capital Management, LLC 1.90% of their portfolio | 3.4m $341.6m | Reduced -948.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.26% of their portfolio | 3.3m $327.2m | Reduced -23.4k |
| Bahl & Gaynor LLC 1.93% of their portfolio | 3.1m $309.8m | Reduced -97.2k |
| California Public Employees Retirement System 0.26% of their portfolio | 3.1m $305.2m | Reduced -94.3k |
| MACKENZIE FINANCIAL CORP 0.48% of their portfolio | 2.9m $284.7m | Reduced -328.2k |
| TRUIST FINANCIAL CORP 0.49% of their portfolio | 2.8m $278.7m | Reduced -199.0k |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 2.8m $278.0m | Added +2.6k |
| Sustainable Growth Advisers, LP 1.75% of their portfolio | 2.7m $268.3m | Added +517 |
| Bridgewater Associates, LP 1.41% of their portfolio | 2.6m $259.1m | Reduced -385.9k |
| BLAIR WILLIAM & CO/IL 1.12% of their portfolio | 2.6m $257.8m | Added +15.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.19% of their portfolio | 2.6m $253.7m | Added +50.5k |
| RHUMBLINE ADVISERS 0.31% of their portfolio | 2.3m $232.0m | Added +96.4k |
| PRUDENTIAL FINANCIAL INC 0.39% of their portfolio | 2.3m $229.9m | Added +444.2k |
| AMERIPRISE FINANCIAL INC 0.08% of their portfolio | 2.2m $220.8m | Added +154.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.29% of their portfolio | 2.1m $211.6m | Reduced -10.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.32% of their portfolio | 2.0m $201.5m | Added +31.0k |
| TD Asset Management Inc 0.25% of their portfolio | 2.0m $201.5m | Added +1.1m |
| PICTET ASSET MANAGEMENT SA 0.28% of their portfolio | 1.9m $192.7m | Added +348.1k |
| J.P. Morgan Private Wealth Advisors LLC 0.43% of their portfolio | 1.9m $190.7m | Added +787.4k |
| Cottage Street Advisors LLC 2.45% of their portfolio | 1.9m $475.3k | Added +1.9m |
| Mirae Asset Global Investments Co., Ltd. 0.47% of their portfolio | 1.8m $181.5m | Reduced -61.3k |
| Swedbank AB 0.39% of their portfolio | 1.8m $177.8m | Reduced -3.1k |
| National Pension Service 0.34% of their portfolio | 1.8m $173.6m | Reduced -17.6k |
| HSBC HOLDINGS PLC 0.21% of their portfolio | 1.7m $172.0m | Added +521.6k |
| APG Asset Management N.V. 0.32% of their portfolio | 1.7m $167.6m | Added +241.1k |
| DEUTSCHE BANK AG\ 0.09% of their portfolio | 1.6m $163.0m | Added +137.5k |
| CITADEL ADVISORS LLC 0.19% of their portfolio | 1.6m $161.2m | Added +204.1k |
| Corient Private Wealth LP 0.58% of their portfolio | 1.6m $159.3m | First filing |
| Balyasny Asset Management L.P. 0.55% of their portfolio | 1.6m $157.2m | Added +1.4m |
| MARSHALL WACE, LLP 0.40% of their portfolio | 1.6m $155.6m | Added +547.1k |
| RAYMOND JAMES & ASSOCIATES 0.14% of their portfolio | 1.6m $154.9m | Reduced -206.8k |
| CREDIT SUISSE AG/ 0.17% of their portfolio | 1.6m $154.5m | Reduced -72.5k |
| NATIXIS 0.89% of their portfolio | 1.5m $151.8m | Added +660.0k |
| HighTower Advisors, LLC 0.34% of their portfolio | 1.5m $150.4m | Added +206.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.48% of their portfolio | 1.5m $149.0m | Reduced -559.8k |
| Baird Financial Group, Inc. 0.38% of their portfolio | 1.5m $145.3m | Reduced -24.2k |
| Alphinity Investment Management Pty Ltd 4.19% of their portfolio | 1.4m $142.8m | New |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 1.4m $137.3m | Added +184.9k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 1.04% of their portfolio | 1.4m $134.1m | Reduced -59.3k |
| Artisan Partners Limited Partnership 0.24% of their portfolio | 1.3m $133.1m | New |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.32% of their portfolio | 1.3m $132.2m | Reduced -39.5k |
| CI INVESTMENTS INC. 0.66% of their portfolio | 1.3m $131.4m | Reduced -256.3k |
| LPL Financial LLC 0.11% of their portfolio | 1.3m $128.0m | Added +26.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.18% of their portfolio | 1.3m $127.5m | Added +1.0m |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.71% of their portfolio | 1.3m $126.3m | Reduced -263.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.31% of their portfolio | 1.3m $125.6m | Reduced -21.4k |
| Public Sector Pension Investment Board 0.94% of their portfolio | 1.2m $117.4m | Added +320.8k |
| US BANCORP \DE\ 0.21% of their portfolio | 1.2m $115.9m | Added +151.2k |
| NATIXIS ADVISORS, LLC 0.44% of their portfolio | 1.2m $115.8m | Reduced -46.2k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.44% of their portfolio | 1.2m $115.5m | Reduced -594.2k |
| Mariner, LLC 0.37% of their portfolio | 1.2m $114.5m | Added +71.1k |
| EVERETT HARRIS & CO /CA/ 1.96% of their portfolio | 1.1m $113.8m | Reduced -4.5k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.61% of their portfolio | 1.1m $111.3m | Reduced -12.6k |
| Korea Investment CORP 0.35% of their portfolio | 1.1m $111.0m | Added +184.0k |
| BANK OF NOVA SCOTIA 0.28% of their portfolio | 1.1m $108.7m | Added +928.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.12% of their portfolio | 1.1m $107.2m | Added +97.8k |