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 ($453.3m this quarter). Holder counts are more reliable. Shares outstanding: 1.1bn as of 2025-04-23, 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 ≈ $98.01. Options: 63 managers hold calls ($3.2bn notional), 67 hold puts ($2.4bn).
Trends to Q1 2025
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 |
| Q3 2024 | 2,337 |
| Q4 2024 | 2,404 |
| Q1 2025 | 2,403 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q3 2024 | 1,000 | 1,255 |
| Q4 2024 | 882 | 1,249 |
| Q1 2025 | 1,023 | 1,221 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $2.9bn | $3.0bn | 1.06 |
| Q3 2024 | $4.3bn | $3.6bn | 0.83 |
| Q4 2024 | $3.9bn | $2.9bn | 0.75 |
| Q1 2025 | $3.2bn | $2.4bn | 0.74 |
Biggest buyers
| Capital Research Global Investors | Added | +29.7m |
| Capital World Investors | Added | +19.5m |
| JPMORGAN CHASE & CO | Added | +8.9m |
| JENNISON ASSOCIATES LLC | New | +8.3m |
| POLEN CAPITAL MANAGEMENT LLC | New | +5.1m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +3.5m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +3.1m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +1.9m |
| GOLDMAN SACHS GROUP INC | Added | +1.8m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +1.1m |
Biggest sellers
| VIKING GLOBAL INVESTORS LP | Sold out | -5.3m |
| CITADEL ADVISORS LLC | Reduced | -4.9m |
| FLOSSBACH VON STORCH SE | Reduced | -4.3m |
| Balyasny Asset Management L.P. | Sold out | -3.6m |
| Assenagon Asset Management S.A. | Reduced | -2.7m |
| STEADFAST CAPITAL MANAGEMENT LP | Sold out | -2.3m |
| JANE STREET GROUP, LLC | Reduced | -1.6m |
| WELLS FARGO & COMPANY/MN | Reduced | -1.4m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.4m |
| MARSHALL WACE, LLP | Sold out | -1.3m |
Biggest calls
| PUBLIC INVESTMENT FUND | Reduced | $527.5m5.4m shares |
| CITADEL ADVISORS LLC | Added | $505.0m5.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $377.2m3.8m shares |
| JANE STREET GROUP, LLC | Added | $292.8m3.0m shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $177.1m1.8m shares |
| IMC-Chicago, LLC | Added | $141.1m1.4m shares |
| WOLVERINE TRADING, LLC | Added | $127.3m1.3m shares |
| GOLDMAN SACHS GROUP INC | Added | $119.6m1.2m shares |
| SIMPLEX TRADING, LLC | Added | $115.1m1.4m shares |
| Walleye Trading LLC | Added | $89.0m907.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $390.0m4.0m shares |
| CITADEL ADVISORS LLC | Reduced | $239.7m2.4m shares |
| JANE STREET GROUP, LLC | Reduced | $146.9m1.5m shares |
| Qube Research & Technologies Ltd | Added | $141.3m1.4m shares |
| IMC-Chicago, LLC | Added | $105.6m1.1m shares |
| SIMPLEX TRADING, LLC | Reduced | $100.8m1.0m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $92.5m942.9k shares |
| D. E. Shaw & Co., Inc. | Reduced | $90.7m924.4k shares |
| Twin Tree Management, LP | Reduced | $88.8m905.0k shares |
| TORONTO DOMINION BANK | Added | $78.4m800.0k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| 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 |
| Q3 2024 | 1 | $34.8k | 2 | $605.5k | $605.5k |
| Q4 2024 | 0 | — | 2 | $2.2m | $2.2m |
| Q1 2025 | 0 | — | 0 | — | — |
None reported in Q1 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.20% of their portfolio | 112.1m $11.0bn | Added +953.4k |
| BlackRock, Inc. 0.16% of their portfolio | 78.2m $7.7bn | Added +1.0m |
| Capital World Investors 1.18% of their portfolio | 74.5m $7.3bn | Added +19.5m |
| STATE STREET CORP 0.19% of their portfolio | 47.0m $4.6bn | Reduced -591.3k |
| Capital Research Global Investors 0.76% of their portfolio | 35.4m $3.5bn | Added +29.7m |
| MORGAN STANLEY 0.19% of their portfolio | 27.0m $2.7bn | Added +259.9k |
| FMR LLC 0.16% of their portfolio | 26.2m $2.6bn | Added +1.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.20% of their portfolio | 25.7m $2.5bn | Added +920.6k |
| JPMORGAN CHASE & CO 0.18% of their portfolio | 24.3m $2.4bn | Added +8.9m |
| WELLINGTON MANAGEMENT GROUP LLP 0.37% of their portfolio | 19.4m $1.9bn | Added +3.5m |
| WELLS FARGO & COMPANY/MN 0.43% of their portfolio | 18.4m $1.8bn | Reduced -1.4m |
| BANK OF AMERICA CORP /DE/ 0.14% of their portfolio | 16.6m $1.6bn | Added +229.6k |
| Nuveen, LLC 0.42% of their portfolio | 14.1m $1.4bn | First filing |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.17% of their portfolio | 13.9m $1.4bn | Reduced -326.7k |
| NORTHERN TRUST CORP 0.20% of their portfolio | 13.6m $1.3bn | Added +5.6k |
| NORGES BANK 0.18% of their portfolio | 13.3m $1.3bn | Reduced -293.3k |
| Fisher Asset Management, LLC 0.51% of their portfolio | 12.0m $1.2bn | Added +113.3k |
| Invesco Ltd. 0.21% of their portfolio | 11.5m $1.1bn | Added +13.5k |
| Capital International Investors 0.20% of their portfolio | 10.2m $1.0bn | Added +13.1k |
| LOOMIS SAYLES & CO L P 1.34% of their portfolio | 9.4m $925.5m | Reduced -183.7k |
| UBS Group AG 0.20% of their portfolio | 9.3m $912.5m | Reduced -236.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.15% of their portfolio | 8.4m $822.3m | Reduced -496.8k |
| JENNISON ASSOCIATES LLC 0.57% of their portfolio | 8.3m $817.8m | New |
| Bank of New York Mellon Corp 0.16% of their portfolio | 8.2m $806.2m | Reduced -774.4k |
| GOLDMAN SACHS GROUP INC 0.14% of their portfolio | 7.7m $759.5m | Added +1.8m |
| Legal & General Group Plc 0.18% of their portfolio | 6.9m $674.1m | Added +119.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.17% of their portfolio | 6.9m $673.8m | Reduced -1.0m |
| LONE PINE CAPITAL LLC 5.68% of their portfolio | 6.6m $648.2m | Added +132.8k |
| ROYAL BANK OF CANADA 0.14% of their portfolio | 6.4m $623.8m | Added +676.3k |
| BARCLAYS PLC 0.26% of their portfolio | 5.9m $582.8m | Reduced -195.7k |
| POLEN CAPITAL MANAGEMENT LLC 1.58% of their portfolio | 5.1m $503.5m | New |
| Clearbridge Investments, LLC 0.44% of their portfolio | 5.1m $498.2m | Added +318.7k |
| FRANKLIN RESOURCES INC 0.13% of their portfolio | 4.6m $452.2m | Added +132.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.15% of their portfolio | 4.6m $446.6m | Added +3.1m |
| ENVESTNET ASSET MANAGEMENT INC 0.12% of their portfolio | 3.8m $374.8m | Added +405.4k |
| Amundi 0.12% of their portfolio | 3.6m $319.4m | Reduced -1.2m |
| RAYMOND JAMES FINANCIAL INC 0.13% of their portfolio | 3.5m $340.8m | Added +359.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.18% of their portfolio | 3.4m $331.9m | Added +1.9m |
| Swiss National Bank 0.22% of their portfolio | 3.2m $313.7m | Reduced -3.5k |
| LONDON CO OF VIRGINIA 1.64% of their portfolio | 2.9m $287.9m | Reduced -46.4k |
| AMERIPRISE FINANCIAL INC 0.08% of their portfolio | 2.9m $283.4m | Reduced -173.9k |
| TD Asset Management Inc 0.26% of their portfolio | 2.8m $279.1m | Added +760.0k |
| ALLIANCEBERNSTEIN L.P. 0.10% of their portfolio | 2.8m $277.5m | Reduced -82.3k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 2.8m $277.5m | Added +39.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.16% of their portfolio | 2.8m $276.4m | Reduced -106.1k |
| TORONTO DOMINION BANK 0.70% of their portfolio | 2.8m $275.6m | Added +119.2k |
| DEUTSCHE BANK AG\ 0.11% of their portfolio | 2.8m $269.8m | Reduced -848.6k |
| Sumitomo Mitsui Trust Group, Inc. 0.19% of their portfolio | 2.7m $266.5m | Added +59.1k |
| HSBC HOLDINGS PLC 0.17% of their portfolio | 2.6m $250.2m | Reduced -350.7k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.12% of their portfolio | 2.5m $244.0m | Reduced -770.1k |
| Corient Private Wealth LP 0.39% of their portfolio | 2.5m $240.6m | Added +48.7k |
| Allen Investment Management, LLC 2.78% of their portfolio | 2.4m $238.1m | Added +780.7k |
| National Pension Service 0.23% of their portfolio | 2.4m $237.4m | Added +138.8k |
| CITIGROUP INC 0.18% of their portfolio | 2.4m $234.1m | Added +290.0k |
| VAN ECK ASSOCIATES CORP 0.29% of their portfolio | 2.3m $221.6m | Reduced -8.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.21% of their portfolio | 2.3m $221.4m | Reduced -28.2k |
| ONTARIO TEACHERS PENSION PLAN BOARD 3.39% of their portfolio | 2.2m $220.3m | Reduced -247.4k |
| LPL Financial LLC 0.09% of their portfolio | 2.2m $219.9m | Added +148.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.20% of their portfolio | 2.2m $217.9m | Added +272.1k |
| RHUMBLINE ADVISERS 0.20% of their portfolio | 2.2m $213.3m | Reduced -54.5k |
| LAZARD ASSET MANAGEMENT LLC 0.31% of their portfolio | 2.0m $199.0m | Added +272.2k |
| Sustainable Growth Advisers, LP 1.05% of their portfolio | 1.9m $189.1m | Reduced -164.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.22% of their portfolio | 1.8m $177.4m | Reduced -13.1k |
| California Public Employees Retirement System 0.12% of their portfolio | 1.8m $176.8m | Added +971 |
| BANK OF MONTREAL /CAN/ 0.09% of their portfolio | 1.7m $171.5m | Reduced -869.1k |
| HighTower Advisors, LLC 0.23% of their portfolio | 1.7m $167.1m | Reduced -86.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.24% of their portfolio | 1.7m $163.9m | Reduced -55.5k |
| ProShare Advisors LLC 0.37% of their portfolio | 1.7m $162.7m | Added +202.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.12% of their portfolio | 1.6m $160.9m | First filing |
| NATIXIS ADVISORS, LLC 0.29% of their portfolio | 1.6m $157.8m | Added +275.1k |
| Pictet Asset Management Holding SA 0.17% of their portfolio | 1.6m $152.1m | Reduced -32.5k |
| Epoch Investment Partners, Inc. 0.77% of their portfolio | 1.5m $149.0m | Reduced -19.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.22% of their portfolio | 1.5m $148.3m | Added +1.1m |
| Empower Advisory Group, LLC 0.45% of their portfolio | 1.4m $136.5m | Added +18.7k |
| Baird Financial Group, Inc. 0.25% of their portfolio | 1.3m $132.3m | Reduced -97.2k |
| CANADA LIFE ASSURANCE Co 0.21% of their portfolio | 1.2m $121.0m | Reduced -5.8k |
| BLAIR WILLIAM & CO/IL 0.36% of their portfolio | 1.2m $119.7m | Reduced -67.9k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.26% of their portfolio | 1.2m $117.5m | Added +179.9k |
| PRUDENTIAL FINANCIAL INC 0.16% of their portfolio | 1.2m $113.9m | Added +570.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.09% of their portfolio | 1.1m $107.5m | Added +1.1m |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.66% of their portfolio | 1.1m $107.4m | Reduced -45.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.21% of their portfolio | 1.1m $107.4m | Added +1.5k |
| EVERETT HARRIS & CO /CA/ 1.31% of their portfolio | 1.0m $102.2m | Reduced -8.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.19% of their portfolio | 1.0m $101.6m | Added +50.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.10% of their portfolio | 1.0m $99.5m | Added +947 |
| Artisan Partners Limited Partnership 0.16% of their portfolio | 1.0m $98.1m | New |
| BRISTOL JOHN W & CO INC /NY/ 1.66% of their portfolio | 992.0k $97.3m | Reduced -20.8k |
| PNC Financial Services Group, Inc. 0.05% of their portfolio | 965.9k $94.7m | Added +14.1k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.20% of their portfolio | 957.1k $93.9m | Reduced -9.3k |
| Focus Partners Wealth 0.23% of their portfolio | 939.0k $92.1m | Reduced -984.9k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.39% of their portfolio | 931.0k $91.3m | Reduced -1.5k |
| Aberdeen Group plc 0.18% of their portfolio | 928.0k $90.4m | Added +462.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.21% of their portfolio | 925.6k $90.8m | Reduced -43.1k |
| US BANCORP \DE\ 0.12% of their portfolio | 923.6k $90.6m | Reduced -10.9k |
| FIL Ltd 0.09% of their portfolio | 915.1k $89.8m | Reduced -173.5k |
| STIFEL FINANCIAL CORP 0.09% of their portfolio | 870.8k $85.4m | Added +17.3k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 0.69% of their portfolio | 859.6k $71.2m | Reduced -32.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.08% of their portfolio | 832.8k $81.7m | Reduced -50.0k |
| TRUIST FINANCIAL CORP 0.13% of their portfolio | 802.3k $78.7m | Added +17.1k |
| BAILLIE GIFFORD & CO 0.07% of their portfolio | 796.0k $78.1m | Added +58.1k |