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 ($274.3m this quarter). Holder counts are more reliable. Shares outstanding: 1.1bn as of 2024-07-24, 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 ≈ $77.87. Options: 74 managers hold calls ($2.9bn notional), 65 hold puts ($3.0bn).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,167 |
| Q4 2022 | 2,336 |
| Q1 2023 | 2,373 |
| Q2 2023 | 2,354 |
| Q3 2023 | 2,308 |
| Q4 2023 | 2,464 |
| Q1 2024 | 2,445 |
| Q2 2024 | 2,258 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 1,009 | 1,038 |
| Q1 2023 | 1,039 | 1,118 |
| Q2 2023 | 1,035 | 1,131 |
| Q3 2023 | 1,029 | 1,097 |
| Q4 2023 | 1,111 | 1,052 |
| Q1 2024 | 1,145 | 1,156 |
| Q2 2024 | 940 | 1,383 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.9bn | $1.7bn | 0.88 |
| Q4 2023 | $2.1bn | $1.9bn | 0.93 |
| Q1 2024 | $2.2bn | $1.8bn | 0.82 |
| Q2 2024 | $2.9bn | $3.0bn | 1.06 |
Biggest buyers
| BARCLAYS PLC | Added | +14.7m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +7.4m |
| CITADEL ADVISORS LLC | Added | +4.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +3.5m |
| Assenagon Asset Management S.A. | Added | +3.5m |
| DEUTSCHE BANK AG\ | Added | +3.5m |
| FMR LLC | Added | +3.3m |
| Diamond Hill Capital Management, LLC (Investment Advisor) | New | +3.1m |
| MARSHALL WACE, LLP | Added | +3.0m |
| BANK OF MONTREAL /CAN/ | Added | +2.8m |
Biggest sellers
| MORGAN STANLEY | Reduced | -58.2m |
| ROYAL BANK OF CANADA | Reduced | -6.3m |
| JPMORGAN CHASE & CO | Reduced | -4.7m |
| JANUS HENDERSON GROUP PLC | Reduced | -4.6m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -2.9m |
| Invesco Ltd. | Reduced | -2.8m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -2.2m |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Reduced | -2.1m |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -1.8m |
| D. E. Shaw & Co., Inc. | Reduced | -1.7m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $553.2m7.1m shares |
| CITADEL ADVISORS LLC | Added | $420.8m5.4m shares |
| BANK OF AMERICA CORP /DE/ | Added | $303.9m3.9m shares |
| PUBLIC INVESTMENT FUND | Reduced | $286.2m3.7m shares |
| NOMURA HOLDINGS INC | New | $147.5m1.9m shares |
| SIMPLEX TRADING, LLC | Added | $135.7m1.7m shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $103.5m1.3m shares |
| IMC-Chicago, LLC | Added | $97.3m1.3m shares |
| WOLVERINE TRADING, LLC | Added | $81.8m1.1m shares |
| UBS Group AG | Added | $78.1m1.0m shares |
Biggest puts
| GOLDMAN SACHS GROUP INC | Added | $840.1m10.8m shares |
| CITADEL ADVISORS LLC | Added | $460.3m5.9m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $443.0m5.7m shares |
| SIMPLEX TRADING, LLC | Added | $138.0m1.8m shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $88.0m1.1m shares |
| IMC-Chicago, LLC | Added | $80.1m1.0m shares |
| JANE STREET GROUP, LLC | Added | $77.9m1.0m shares |
| BANK OF AMERICA CORP /DE/ | Added | $69.9m897.3k shares |
| CITIGROUP INC | Added | $68.7m882.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $65.8m845.4k 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 Q2 2024
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 |
|---|---|---|---|---|---|
| Q3 2022 | 2 | $6.0m | 1 | $373.9k | — |
| Q4 2022 | 0 | — | 2 | $2.2m | — |
| Q1 2023 | 0 | — | 2 | $820.7k | — |
| Q2 2023 | 0 | — | 1 | $68.3k | $68.3k |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 3 | $873.5k | $168.8k |
| Q1 2024 | 0 | — | 3 | $675.4k | $675.4k |
| Q2 2024 | 0 | — | 3 | $878.9k | $878.9k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-14 | Conway Michael Aaron ceo, North America | Sold plan | $260.0k3.2k shares |
| 2024-05-22 | Ruggeri Rachel evp, cfo | Sold plan | $300.0k3.8k shares |
| 2024-05-21 | KELLY SARA evp, chief partner officer | Sold plan | $19.4k250 shares |
| 2024-04-22 | KELLY SARA evp, chief partner officer | Sold plan | $22.0k250 shares |
| 2024-04-15 | Conway Michael Aaron ceo, North America | Sold plan | $277.5k3.2k 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.16% of their portfolio | 109.4m $8.5bn | Added +1.0m |
| BlackRock Inc. 0.14% of their portfolio | 78.8m $6.1bn | Added +2.8m |
| STATE STREET CORP 0.15% of their portfolio | 45.5m $3.5bn | Reduced -304.6k |
| MORGAN STANLEY 0.16% of their portfolio | 26.6m $2.1bn | Reduced -58.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.16% of their portfolio | 23.9m $1.9bn | Added +576.4k |
| BARCLAYS PLC 0.85% of their portfolio | 23.7m $1.8bn | Added +14.7m |
| BANK OF AMERICA CORP /DE/ 0.16% of their portfolio | 21.2m $1.7bn | Added +1.3m |
| JPMORGAN CHASE & CO 0.07% of their portfolio | 20.9m $1.6bn | Reduced -4.7m |
| WELLS FARGO & COMPANY/MN 0.41% of their portfolio | 20.3m $1.6bn | Added +392.2k |
| NORGES BANK 0.17% of their portfolio | 14.6m $1.1bn | Added +2.4m |
| NORTHERN TRUST CORP 0.18% of their portfolio | 13.6m $1.1bn | Reduced -256.2k |
| FMR LLC 0.06% of their portfolio | 12.8m $993.7m | Added +3.3m |
| Nuveen Asset Management, LLC 0.28% of their portfolio | 12.4m $965.1m | Added +341.3k |
| Fisher Asset Management, LLC 0.39% of their portfolio | 11.4m $890.2m | Reduced -264.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.15% of their portfolio | 10.3m $801.9m | Added +221.2k |
| LOOMIS SAYLES & CO L P 1.10% of their portfolio | 10.3m $799.2m | Added +1.7m |
| Bank of New York Mellon Corp 0.14% of their portfolio | 9.4m $728.7m | Reduced -25.5k |
| Invesco Ltd. 0.14% of their portfolio | 8.7m $678.3m | Reduced -2.8m |
| UBS Group AG 0.20% of their portfolio | 8.3m $648.7m | Reduced -1.6m |
| WELLINGTON MANAGEMENT GROUP LLP 0.10% of their portfolio | 7.6m $587.9m | Added +7.4m |
| GOLDMAN SACHS GROUP INC 0.11% of their portfolio | 7.4m $576.1m | Added +944.4k |
| Amundi 0.20% of their portfolio | 6.9m $523.1m | Reduced -490.8k |
| Legal & General Group Plc 0.15% of their portfolio | 6.7m $521.4m | Reduced -157.9k |
| Capital International Investors 0.11% of their portfolio | 6.7m $521.3m | Added +893.5k |
| ROYAL BANK OF CANADA 0.12% of their portfolio | 6.6m $516.9m | Reduced -6.3m |
| FLOSSBACH VON STORCH SE 2.08% of their portfolio | 6.4m $497.4m | Added +776.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.14% of their portfolio | 6.3m $493.8m | Added +1.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio | 6.3m $487.3m | Added +3.5m |
| ALLIANCEBERNSTEIN L.P. 0.17% of their portfolio | 6.1m $474.5m | Added +215.2k |
| DEUTSCHE BANK AG\ 0.19% of their portfolio | 5.5m $430.4m | Added +3.5m |
| ONTARIO TEACHERS PENSION PLAN BOARD 4.15% of their portfolio | 5.4m $424.1m | Added +905.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.48% of their portfolio | 5.2m $407.8m | Reduced -216.2k |
| BANK OF MONTREAL /CAN/ 0.12% of their portfolio | 5.0m $412.0m | Added +2.8m |
| CITADEL ADVISORS LLC 0.36% of their portfolio | 4.7m $368.5m | Added +4.2m |
| STIFEL FINANCIAL CORP 0.40% of their portfolio | 4.5m $354.0m | Added +116.3k |
| VAN ECK ASSOCIATES CORP 0.50% of their portfolio | 4.5m $348.4m | Added +2.3m |
| Capital World Investors 0.06% of their portfolio | 4.4m $344.0m | Added +1.6m |
| Sustainable Growth Advisers, LP 1.47% of their portfolio | 4.3m $333.2m | Added +4.2k |
| Assenagon Asset Management S.A. 0.79% of their portfolio | 4.1m $317.3m | Added +3.5m |
| ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio | 4.1m $316.5m | Reduced -1.8m |
| FRANKLIN RESOURCES INC 0.10% of their portfolio | 4.0m $312.9m | Reduced -148.5k |
| JENSEN INVESTMENT MANAGEMENT INC 2.33% of their portfolio | 3.7m $284.5m | Reduced -1.2m |
| BLS Capital Fondsmaeglerselskab A/S 8.13% of their portfolio | 3.5m $271.7m | Added +150.3k |
| HSBC HOLDINGS PLC 0.17% of their portfolio | 3.5m $269.6m | Added +707.7k |
| LONDON CO OF VIRGINIA 1.48% of their portfolio | 3.4m $263.8m | Reduced -275.0k |
| Swiss National Bank 0.18% of their portfolio | 3.4m $261.0m | Reduced -38.5k |
| MARSHALL WACE, LLP 0.37% of their portfolio | 3.4m $260.9m | Added +3.0m |
| California Public Employees Retirement System 0.19% of their portfolio | 3.3m $257.1m | Added +730.5k |
| CITIGROUP INC 0.25% of their portfolio | 3.3m $256.8m | Added +1.5m |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.04% of their portfolio | 3.1m $243.9m | New |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 3.0m $235.6m | Added +360.3k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 3.0m $235.4m | Reduced -2.9m |
| BNP PARIBAS FINANCIAL MARKETS 0.22% of their portfolio | 2.7m $207.0m | Added +828.5k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 2.6m $206.3m | Added +207.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.15% of their portfolio | 2.6m $202.3m | Reduced -199.1k |
| NATIONAL BANK OF CANADA /FI/ 0.31% of their portfolio | 2.6m $196.9m | Added +1.2m |
| PRINCIPAL FINANCIAL GROUP INC 0.12% of their portfolio | 2.5m $194.2m | Reduced -175.8k |
| Corient Private Wealth LP 0.32% of their portfolio | 2.4m $183.7m | Reduced -226.4k |
| RHUMBLINE ADVISERS 0.17% of their portfolio | 2.3m $179.8m | Added +10.1k |
| TD Asset Management Inc 0.16% of their portfolio | 2.1m $166.6m | Reduced -121.3k |
| D. E. Shaw & Co., Inc. 0.23% of their portfolio | 2.1m $163.1m | Reduced -1.7m |
| JANE STREET GROUP, LLC 0.18% of their portfolio | 2.1m $162.8m | Added +1.4m |
| National Pension Service 0.18% of their portfolio | 2.0m $158.1m | Added +41.0k |
| Boston Partners 0.20% of their portfolio | 2.0m $157.1m | New |
| Bahl & Gaynor LLC 0.85% of their portfolio | 2.0m $152.8m | Reduced -496.6k |
| BANK OF NOVA SCOTIA 0.29% of their portfolio | 1.9m $149.5m | Added +510.1k |
| Focus Partners Wealth 0.50% of their portfolio | 1.9m $148.6m | Added +1.6m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.18% of their portfolio | 1.9m $146.0m | Added +19.0k |
| LPL Financial LLC 0.07% of their portfolio | 1.9m $145.1m | Added +323.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.13% of their portfolio | 1.8m $142.0m | Added +1.1m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.14% of their portfolio | 1.8m $140.8m | Added +394.3k |
| BLAIR WILLIAM & CO/IL 0.43% of their portfolio | 1.8m $139.8m | Reduced -360.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.17% of their portfolio | 1.7m $129.4m | Reduced -19.6k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.16% of their portfolio | 1.6m $127.9m | Added +181.5k |
| RAYMOND JAMES & ASSOCIATES 0.08% of their portfolio | 1.6m $125.4m | Added +125.3k |
| TWO SIGMA ADVISERS, LP 0.28% of their portfolio | 1.6m $124.9m | Added +1.1m |
| Baird Financial Group, Inc. 0.25% of their portfolio | 1.6m $122.1m | Reduced -72.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.32% of their portfolio | 1.5m $120.1m | Reduced -489.7k |
| APG Asset Management N.V. 0.20% of their portfolio | 1.5m $111.3m | Reduced -46.0k |
| HighTower Advisors, LLC 0.18% of their portfolio | 1.5m $119.0m | Added +294.0k |
| MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio | 1.5m $117.2m | Added +18.9k |
| FORT PITT CAPITAL GROUP, LLC 3.52% of their portfolio | 1.5m $116.0m | Added +690.9k |
| Clearbridge Investments, LLC 0.09% of their portfolio | 1.5m $114.1m | Reduced -93.5k |
| CCLA Investment Management 1.78% of their portfolio | 1.5m $115.5m | Added +14.9k |
| MAVERICK CAPITAL LTD 2.10% of their portfolio | 1.4m $111.0m | Added +838.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.28% of their portfolio | 1.4m $106.8m | Added +676.4k |
| Bridgewater Associates, LP 0.56% of their portfolio | 1.4m $106.4m | Reduced -582.2k |
| Morningstar Investment Services LLC 1.09% of their portfolio | 1.3m $100.7m | Added +218.2k |
| Pictet Asset Management Holding SA 0.11% of their portfolio | 1.3m $98.3m | Reduced -693.3k |
| Consulta Ltd 6.63% of their portfolio | 1.2m $97.3m | Unchanged |
| Empower Advisory Group, LLC 0.35% of their portfolio | 1.2m $95.0m | Added +138.0k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.62% of their portfolio | 1.2m $94.9m | Reduced -1.4k |
| Epoch Investment Partners, Inc. 0.43% of their portfolio | 1.2m $94.0m | Added +8.6k |
| CANADA LIFE ASSURANCE Co 0.17% of their portfolio | 1.2m $92.8m | Reduced -70.5k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.38% of their portfolio | 1.2m $91.9m | Reduced -3.8k |
| NATIXIS ADVISORS, LLC 0.20% of their portfolio | 1.2m $90.6m | Added +35.4k |
| ProShare Advisors LLC 0.23% of their portfolio | 1.1m $87.8m | Reduced -140.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.17% of their portfolio | 1.1m $86.3m | Reduced -153.1k |
| VICTORY CAPITAL MANAGEMENT INC 0.09% of their portfolio | 1.1m $85.2m | Reduced -131.0k |
| EVERETT HARRIS & CO /CA/ 1.09% of their portfolio | 1.1m $84.8m | Reduced -33.9k |