SCHEDULE: Vanguard Boosts Starbucks Stake to 10.01%
Beneficial Ownership Report (Schedule 13G Amendment)
The Vanguard Group has reported an increased beneficial ownership of Starbucks Corp common stock, now holding 10.01% of the class.
Summary
- The Vanguard Group beneficially owns 113,888,463 shares of Starbucks Corp common stock.
- This represents 10.01% of the total class of securities.
- Vanguard holds sole dispositive power over 102,727,942 shares and shared dispositive power over 11,160,521 shares.
- Shared voting power is held over 6,778,574 shares, with no sole voting power.
- The filing is an Amendment No. 10 to a Schedule 13G, indicating a change from previous ownership disclosures.
- The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Starbucks Corp.
Sentiment
Score: 5
Explanation: The filing is a routine beneficial ownership report, providing factual data without expressing explicit sentiment regarding the issuer's performance or future prospects. It is a neutral disclosure of an ownership stake.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- NA
Industry Context
This filing reflects a significant institutional investment by The Vanguard Group in Starbucks, a common practice for large asset managers to hold substantial passive stakes in major public companies as part of their diversified fund portfolios. Such filings provide transparency on major ownership positions in the market.
Comparison to Industry Standards
- Large institutional investors like The Vanguard Group frequently hold significant passive stakes (often exceeding 5% or 10%) in major companies such as Starbucks, similar to holdings by BlackRock, State Street, or other index fund providers in S&P 500 constituents.
- These holdings are typically for investment purposes across various funds rather than for active control, a standard practice for passive investment managers.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| NA | NA | NA | NA | NA |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| NA | NA | NA | NA |
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a major institutional investor's stake, potentially influencing market perception of institutional confidence. The filing explicitly states that Vanguard's clients have the right to receive dividends or proceeds from the sale of these securities.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 10/31/2025 | Date of event which requires filing of this statement |
| 11/05/2025 | Signature date of the filing by The Vanguard Group |
Keywords
Starbucks, Vanguard Group, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investment, SBUX
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