Starbucks Stock Surges 11.28% with 58th Highest Trading Volume as Institutional Interest Grows

On April 9, 2025, Starbucks (SBUX) saw a significant surge in its stock price, rising by 11.28%. The company's trading volume reached 22.42 billion, making it the 58th highest in the day's market activity.

Jefferies upgraded their outlook for Starbucks from Underperform to Hold on April 9, 2025. This change in rating reflects a growing institutional interest in the company. The number of funds or institutions reporting positions in Starbucks increased by 39, or 1.14%, in the last quarter. The average portfolio weight of all funds dedicated to SBUX also rose by 6.25% to 0.34%.

Capital World Investors, one of the major shareholders, increased its holdings in Starbucks by 16.70%, now owning 54,924K shares, which represents 4.84% of the company's ownership. The firm also increased its portfolio allocation in SBUX by 10.04% over the last quarter. Vanguard Total Stock Market Index Fund Investor Shares, another significant shareholder, decreased its holdings by 1.07% to 35,528K shares, representing 3.13% ownership. However, the firm decreased its portfolio allocation in SBUX by 8.73% over the last quarter.

Vanguard 500 Index Fund Investor Shares increased its holdings by 3.27% to 30,683K shares, representing 2.70% ownership. Despite this increase, the firm decreased its portfolio allocation in SBUX by 8.45% over the last quarter. Geode Capital Management also increased its holdings by 2.21% to 24,826K shares, representing 2.19% ownership, but decreased its portfolio allocation by 8.32%. Invesco QQQ Trust, Series 1, increased its holdings by 4.31% to 22,998K shares, representing 2.02% ownership, while decreasing its portfolio allocation by 9.66%.