SCHEDULE: Vanguard Reports 7.51% Stake in Starbucks

Vanguard Capital Management has disclosed beneficial ownership of 85,640,059 shares, representing 7.51% of Starbucks Corp's common stock, as of March 31, 2026.

Summary

• Vanguard Capital Management, along with its affiliates, beneficially owns 85,640,059 shares of Starbucks Corp. common stock.
• This holding represents 7.51% of the total class of securities.
• Vanguard Capital Management has sole voting power over 11,613,831 shares and sole dispositive power over 85,640,059 shares.
• The filing indicates that investment companies registered under the Investment Company Act of 1940 and other managed accounts have the right to receive or direct dividends and sale proceeds, but no single other person's interest exceeds 5%.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by a major institutional investor and does not contain new operational or financial performance information.

Positives

• Vanguard's significant stake suggests confidence in Starbucks' long-term value.
• The filing confirms Vanguard's role as a major institutional investor in Starbucks.

Future Outlook

This filing is a disclosure of current ownership and does not contain forward-looking statements or guidance from Starbucks Corp.

Industry Context

StockSavvy.ai notes that large institutional ownership, as demonstrated by Vanguard's filing, is typical for established consumer brands like Starbucks and often indicates stability and long-term investor confidence within the quick-service restaurant industry.

Comparison to Industry Standards

• Vanguard's 7.51% stake in Starbucks is a substantial holding, aligning with typical ownership percentages for major asset managers in large-cap consumer discretionary companies.
• For comparison, other large institutional investors like BlackRock and State Street Global Advisors often hold similar or larger percentages in companies of Starbucks' market capitalization.

Stakeholder Impact

• Shareholders: The filing confirms a significant institutional investor's continued stake, which can be seen as a positive signal of confidence in the company's stability and future prospects.
• Investment Community: Provides transparency on ownership structure, aiding in market analysis and valuation.

Key Dates

Keywords

Starbucks Corp, Vanguard Capital Management, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing