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 ($192.5m this quarter). Holder counts are more reliable. Shares outstanding: 1.1bn as of 2026-01-22, 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 ≈ $84.23. Options: 60 managers hold calls ($2.8bn notional), 60 hold puts ($2.4bn).
Trends to Q4 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 |
| Q2 2025 | 2,343 |
| Q3 2025 | 2,264 |
| Q4 2025 | 2,322 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2025 | 994 | 1,214 |
| Q3 2025 | 916 | 1,199 |
| Q4 2025 | 845 | 1,257 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $3.2bn | $2.4bn | 0.74 |
| Q2 2025 | $2.8bn | $2.5bn | 0.90 |
| Q3 2025 | $2.9bn | $2.3bn | 0.79 |
| Q4 2025 | $2.8bn | $2.4bn | 0.89 |
Biggest buyers
| Invesco Ltd. | Added | +26.6m |
| T. Rowe Price Investment Management, Inc. | Added | +21.6m |
| Capital World Investors | Added | +7.0m |
| Corient Private Wealth LP | Added | +3.1m |
| HSBC HOLDINGS PLC | Added | +2.2m |
| BlackRock, Inc. | Added | +1.8m |
| Amundi | Added | +1.6m |
| RENAISSANCE TECHNOLOGIES LLC | New | +1.3m |
| SG Americas Securities, LLC | Added | +1.1m |
| Capital International Investors | Added | +1.1m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -12.0m |
| LONE PINE CAPITAL LLC | Sold out | -5.6m |
| MORGAN STANLEY | Reduced | -4.9m |
| Clearbridge Investments, LLC | Reduced | -4.5m |
| Capital Research Global Investors | Reduced | -3.3m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.7m |
| UBS Group AG | Reduced | -2.4m |
| FMR LLC | Reduced | -2.3m |
| POLEN CAPITAL MANAGEMENT LLC | Reduced | -2.1m |
| WELLS FARGO & COMPANY/MN | Reduced | -1.9m |
Biggest calls
| JANE STREET GROUP, LLC | Added | $501.7m6.0m shares |
| CITADEL ADVISORS LLC | Added | $398.1m4.7m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $390.8m4.6m shares |
| Walleye Trading LLC | Added | $192.5m2.3m shares |
| IMC-Chicago, LLC | Added | $130.1m1.5m shares |
| Squarepoint Ops LLC | Reduced | $119.3m1.4m shares |
| D. E. Shaw & Co., Inc. | Added | $93.7m1.1m shares |
| Point72 Asset Management, L.P. | Added | $75.9m901.5k shares |
| UBS Group AG | Reduced | $74.9m889.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $69.3m823.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $515.9m6.1m shares |
| CITADEL ADVISORS LLC | Added | $312.2m3.7m shares |
| JANE STREET GROUP, LLC | Added | $248.2m2.9m shares |
| OCO Capital Partners, L.P. | New | $168.4m2.0m shares |
| D. E. Shaw & Co., Inc. | Added | $150.7m1.8m shares |
| BARCLAYS PLC | Added | $121.3m1.4m shares |
| IMC-Chicago, LLC | Added | $107.5m1.3m shares |
| Walleye Trading LLC | Added | $71.6m849.9k shares |
| CITIGROUP INC | Unchanged | $69.2m821.5k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $62.0m735.7k 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 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 1 | $994.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-10 | KNUDSTORP JORGEN VIG Director | Bought | $994.5k11.7k 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.14% of their portfolio | 114.4m $9.6bn | Added +971.8k |
| Capital World Investors 0.97% of their portfolio | 84.7m $7.1bn | Added +7.0m |
| Capital Research Global Investors 1.28% of their portfolio | 82.2m $6.9bn | Reduced -3.3m |
| BlackRock, Inc. 0.11% of their portfolio | 80.4m $6.8bn | Added +1.8m |
| STATE STREET CORP 0.14% of their portfolio | 47.9m $4.0bn | Added +327.2k |
| Invesco Ltd. 0.32% of their portfolio | 40.2m $3.4bn | Added +26.6m |
| T. Rowe Price Investment Management, Inc. 1.11% of their portfolio | 33.4m $2.8bn | Added +21.6m |
| GEODE CAPITAL MANAGEMENT, LLC 0.14% of their portfolio | 26.4m $2.2bn | Added +225.2k |
| FMR LLC 0.11% of their portfolio | 25.9m $2.2bn | Reduced -2.3m |
| MORGAN STANLEY 0.11% of their portfolio | 21.3m $1.8bn | Reduced -4.9m |
| WELLS FARGO & COMPANY/MN 0.29% of their portfolio | 17.8m $1.5bn | Reduced -1.9m |
| Capital International Investors 0.21% of their portfolio | 15.8m $1.3bn | Added +1.1m |
| NORGES BANK 0.13% of their portfolio | 14.6m $1.2bn | Not comparable |
| BANK OF AMERICA CORP /DE/ 0.09% of their portfolio | 14.5m $1.2bn | Reduced -986.7k |
| NORTHERN TRUST CORP 0.13% of their portfolio | 12.4m $1.0bn | Reduced -411.6k |
| GOLDMAN SACHS GROUP INC 0.14% of their portfolio | 12.1m $1.0bn | Added +616.5k |
| Fisher Asset Management, LLC 0.35% of their portfolio | 12.0m $1.0bn | Added +3.1k |
| Nuveen, LLC 0.22% of their portfolio | 10.1m $853.2m | Reduced -908.4k |
| LOOMIS SAYLES & CO L P 0.96% of their portfolio | 9.5m $798.2m | Reduced -244.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.11% of their portfolio | 8.4m $711.0m | Added +104.9k |
| Bank of New York Mellon Corp 0.12% of their portfolio | 8.1m $685.3m | Added +263.9k |
| UBS Group AG 0.13% of their portfolio | 8.1m $678.5m | Reduced -2.4m |
| Legal & General Group Plc 0.13% of their portfolio | 7.0m $592.9m | Added +14.8k |
| POLEN CAPITAL MANAGEMENT LLC 2.44% of their portfolio | 6.8m $571.4m | Reduced -2.1m |
| ROYAL BANK OF CANADA 0.10% of their portfolio | 6.5m $547.2m | Reduced -165.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.11% of their portfolio | 6.0m $501.8m | Reduced -15.9k |
| Corient Private Wealth LP 0.33% of their portfolio | 5.9m $495.8m | Added +3.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.16% of their portfolio | 5.8m $490.5m | Reduced -565.2k |
| AMERIPRISE FINANCIAL INC 0.10% of their portfolio | 5.1m $431.9m | Added +24.1k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 4.9m $409.6m | Reduced -12.0m |
| Amundi 0.10% of their portfolio | 4.5m $381.7m | Added +1.6m |
| HSBC HOLDINGS PLC 0.11% of their portfolio | 4.5m $378.1m | Added +2.2m |
| BARCLAYS PLC 0.13% of their portfolio | 3.8m $320.0m | Reduced -1.1m |
| RAYMOND JAMES FINANCIAL INC 0.09% of their portfolio | 3.6m $302.7m | Reduced -267.8k |
| California Public Employees Retirement System 0.16% of their portfolio | 3.4m $282.6m | Added +944.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio | 3.3m $279.1m | Reduced -927.3k |
| FRANKLIN RESOURCES INC 0.07% of their portfolio | 3.2m $271.4m | Reduced -139.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.17% of their portfolio | 3.1m $262.7m | Added +614.9k |
| Swiss National Bank 0.16% of their portfolio | 3.1m $262.3m | Reduced -160.8k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 2.9m $245.0m | Added +661.5k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.20% of their portfolio | 2.8m $233.4m | Reduced -227.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.14% of their portfolio | 2.7m $231.5m | Reduced -55.0k |
| National Pension Service 0.17% of their portfolio | 2.7m $227.1m | Added +125.4k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 2.7m $225.1m | Reduced -147.5k |
| LPL Financial LLC 0.06% of their portfolio | 2.7m $223.9m | Reduced -232.3k |
| LONDON CO OF VIRGINIA 1.23% of their portfolio | 2.5m $213.7m | Reduced -200.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.11% of their portfolio | 2.5m $213.0m | Reduced -467.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.14% of their portfolio | 2.5m $210.1m | Added +137.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.34% of their portfolio | 2.4m $203.1m | Added +240.4k |
| VAN ECK ASSOCIATES CORP 0.16% of their portfolio | 2.3m $190.7m | Reduced -52 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.14% of their portfolio | 2.1m $174.4m | Reduced -166.0k |
| RHUMBLINE ADVISERS 0.14% of their portfolio | 2.0m $169.9m | Reduced -38.0k |
| TORONTO DOMINION BANK 0.30% of their portfolio | 2.0m $169.6m | Reduced -60.1k |
| ProShare Advisors LLC 0.29% of their portfolio | 2.0m $166.2m | Added +551.7k |
| Clearbridge Investments, LLC 0.13% of their portfolio | 2.0m $165.0m | Reduced -4.5m |
| CITIGROUP INC 0.11% of their portfolio | 1.8m $154.7m | Reduced -300.6k |
| HighTower Advisors, LLC 0.17% of their portfolio | 1.8m $151.2m | Added +350.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.15% of their portfolio | 1.8m $151.1m | Reduced -28.2k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 1.8m $150.4m | Reduced -102.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 1.8m $150.0m | Reduced -6.6k |
| NATIXIS ADVISORS, LLC 0.21% of their portfolio | 1.8m $147.8m | Added +300.4k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.16% of their portfolio | 1.4m $119.8m | Reduced -39.8k |
| BRISTOL JOHN W & CO INC /NY/ 1.78% of their portfolio | 1.4m $116.1m | Added +33.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.17% of their portfolio | 1.3m $112.2m | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.13% of their portfolio | 1.3m $111.4m | Added +449.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 1.3m $110.9m | Reduced -2.7m |
| SG Americas Securities, LLC 0.15% of their portfolio | 1.3m $110.1m | Added +1.1m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.15% of their portfolio | 1.3m $108.8m | Added +802.4k |
| NATIONAL BANK OF CANADA /FI/ 0.11% of their portfolio | 1.3m $105.9m | Added +783.1k |
| Baird Financial Group, Inc. 0.16% of their portfolio | 1.2m $104.8m | Reduced -58.1k |
| MACKENZIE FINANCIAL CORP 0.12% of their portfolio | 1.2m $105.2m | Added +182.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.07% of their portfolio | 1.2m $100.2m | Reduced -61.3k |
| Empower Advisory Group, LLC 0.27% of their portfolio | 1.2m $99.5m | Reduced -27.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.06% of their portfolio | 1.2m $99.0m | Added +21.2k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 1.2m $98.7m | Added +2.3k |
| PNC Financial Services Group, Inc. 0.05% of their portfolio | 1.2m $98.5m | Reduced -17.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio | 1.2m $97.9m | Added +88.4k |
| STIFEL FINANCIAL CORP 0.08% of their portfolio | 1.1m $94.4m | Reduced -13.4k |
| LAZARD ASSET MANAGEMENT LLC 0.15% of their portfolio | 1.0m $88.0m | Reduced -836.2k |
| MARSHALL WACE, LLP 0.08% of their portfolio | 1.0m $85.7m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.15% of their portfolio | 1.0m $84.9m | Reduced -43.9k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.13% of their portfolio | 982.5k $82.7m | Reduced -51.2k |
| EVERETT HARRIS & CO /CA/ 0.99% of their portfolio | 971.6k $81.8m | Reduced -17.8k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.43% of their portfolio | 962.4k $81.0m | Reduced -29.9k |
| Aberdeen Group plc 0.13% of their portfolio | 959.2k $80.8m | Reduced -10.6k |
| AVIVA PLC 0.14% of their portfolio | 953.0k $80.2m | Added +49.8k |
| US BANCORP \DE\ 0.09% of their portfolio | 894.2k $75.3m | Added +51.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.12% of their portfolio | 893.6k $75.7m | Added +26.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.14% of their portfolio | 878.6k $74.0m | Reduced -27.2k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 0.76% of their portfolio | 874.5k $83.7m | Reduced -2.8k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 866.7k $73.1m | Added +155.4k |
| BLAIR WILLIAM & CO/IL 0.19% of their portfolio | 846.8k $71.3m | Reduced -67.0k |
| Retirement Systems of Alabama 0.22% of their portfolio | 820.8k $69.1m | Reduced -620 |
| CANADA LIFE ASSURANCE Co 0.12% of their portfolio | 786.3k $66.2m | Reduced -503.8k |
| SUMMITRY LLC 2.72% of their portfolio | 774.0k $65.2m | Added +12.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.10% of their portfolio | 767.0k $64.6m | Reduced -5.9k |
| Capital International, Inc./CA/ 0.49% of their portfolio | 735.4k $61.9m | Added +7.9k |
| NICHOLAS COMPANY, INC. 1.08% of their portfolio | 734.0k $61.8m | Added +77.3k |
| Assenagon Asset Management S.A. 0.09% of their portfolio | 728.6k $61.4m | Added +693.7k |
| TRUIST FINANCIAL CORP 0.08% of their portfolio | 724.3k $61.0m | Reduced -100.4k |