Starbucks Corporation

The full register, from 13F filings

The Register tab above is hand research: a dozen holders, each traced to the filing it came from. This asks the same question of the whole market for the quarter ended 31-mar-2026, where 2,300 managers reported a position. Broad where the research is deep, and shallow in the ways a 13F always is.

Built from 13F filings, which report US listed, long, US custodied positions only. A register from this source is a floor rather than a level: a holder's true position can be far larger, as BlackRock's ASML stake shows at 1.28m shares in a 13F against 26.3m in its 13G/A. Holdings held through derivatives, outside US custody, or below a manager's reporting obligation do not appear. Where a holder is marked as a family, its total sums several separate filing entities and describes something no single filing describes; the constituent entities and their share counts are listed so the total can be checked. That roll-up can legitimately exceed the family's own Schedule 13G, because a 13G is filed by one legal entity: Vanguard reports Alphabet through ten advisory entities, and The Vanguard Group Inc itself reported zero after its January 2026 disaggregation.

What a reader needs to know to read these numbers

• China transaction: this IS a closed, sourced holding, not an announced-but-pending one. Starbucks announced an agreement in Q1 FY2026 to form a joint venture with Boyu Capital for its China retail operations; the transaction closed on 30 March 2026. Under the agreement, funds managed by Boyu Capital acquired a 60% interest in Starbucks retail operations in China on a cash-free, debt-free basis at an agreed total enterprise value of approximately $4 billion. Starbucks retained a 40% interest, carried at approximately $1.2 billion and accounted for under the equity method; the Q3 FY2026 10-Q states this carrying value was still $1.2 billion as of 28 June 2026, the period end. Both figures are drawn directly from the 10-Q's Note 2, Acquisitions and Divestitures, not from press coverage.
• The consolidated balance sheet's 'Equity investments' line was $1,700.0 million as of 28 June 2026, up from $466.2 million as of 28 September 2025 (FY2025 10-K). The increase is consistent with, though not exactly equal to, the roughly $1.2 billion China joint-venture interest added during the year: $466.2 million plus $1.2 billion is approximately $1,666 million, about $34 million short of the reported $1,700.0 million, implying modest additional growth or investment across the other equity investees during the first three quarters of FY2026 that is not separately broken out in the 10-Q.
• Within the FY2025 10-K's $466.2 million total, only three equity investees are individually named and sized: Tata Starbucks Limited (India, 50%, $39.3 million), The North American Coffee Partnership (Pepsi-Cola, 50%, $74.0 million), and the combined Valor Siren Ventures I L.P. / II L.P. private-equity fund interests ($242.4 million, ownership percentage not disclosed). These three sum to $355.7 million. The remaining approximately $110.5 million ($63.2 million of unnamed equity-method investees plus $47.3 million of 'Other investments') is not individually attributed to any single entity in the 10-K and is therefore not recorded as a separate holding here, per the brief's instruction not to distribute an unsplit combined balance across unnamed members.
• The 10-Q for the quarter ended 28 June 2026 does not repeat the FY2025 10-K's Equity Investments note (interim filings typically only disclose material changes), so no updated, individually sourced carrying value exists for Tata Starbucks, the North American Coffee Partnership, or Valor Siren Ventures more recent than 28 September 2025; the China joint-venture interest is the only equity investee with a carrying value as of the most current filing.
• Howard Schultz, Starbucks' founder and a former Chairman and CEO (including a second stint as interim CEO in 2022 to 2023), does not appear in the beneficial ownership table of either the FY2026 proxy (filed 26 January 2026, record date 16 January 2026) or the prior FY2025 proxy (filed 24 January 2025): he is not a current director, nominee, or named executive officer in either year, so the table's coverage rules exclude him. His own SEC insider filings under CIK 0000901737 stop at a Form 4 dated 16 May 2022 and a Form 144 notice of proposed sale dated 17 November 2023, both of which predate this database's window and the Form 144 signals a further disposition since the 2022 Form 4. No proxy, 13D, or 13G lists a current Schultz share count, so his present holding could not be sourced and is not included in the register, consistent with the brief's rule against inventing or rolling forward a stale figure.
• Vanguard disagreement, recorded rather than resolved. The register uses Vanguard's own Form 13F-HR for the quarter ended 31 December 2025 (114,410,675 shares); Vanguard filed Form 13F-NT (notice only) for the quarters ended 31 March 2026 and 30 June 2026, so no more current Vanguard 13F figure exists under CIK 0000102909 (the same gap found in this project's Broadcom and McDonald's research). The FY2026 proxy separately cites a Vanguard Schedule 13G/A filed 5 November 2025 showing 113,888,463 shares (10.0%) as of 31 October 2025, a close but not identical figure to the 13F, consistent with the two filings using different measurement dates and disclosure regimes.
• BlackRock does not appear among the proxy's named 5% shareholders (only Capital Research Global Investors, Capital World Investors, and The Vanguard Group are listed), even though BlackRock's own Q2 FY2026 Form 13F-HR shows 83,222,518 shares, 7.30% of shares outstanding. This was not resolved within the time budget; it may reflect BlackRock not having an SEC-filed Schedule 13G on Starbucks common stock recent enough for the proxy's citation practice, since 13F and 13G use different definitions of beneficial ownership and different filing cadences.
• Starbucks has a single class of common stock ($0.001 par value, Nasdaq: SBUX), one vote per share; there is no dual-class structure. Current officers' and directors' aggregate beneficial ownership (15 persons, 352,946 shares) is well under 1% of shares outstanding, so no insider or founder voting-control block exists among the company's current leadership.
• Shares outstanding used for company.shares_outstanding and for all 30 June 2026 / 23 July 2026 dated register rows is 1,140.0 million, from the Q3 FY2026 10-Q cover page (measured as of 23 July 2026). The Vanguard 13F row (dated 31 December 2025) and the three proxy-sourced insider rows (dated 16 January 2026) instead use 1,139,262,082, the shares-outstanding figure the FY2026 proxy itself uses, as the closest disclosed denominator to those dates.
• Market capitalization of $122.75 billion is the figure published on the source page as of the date this research was performed (17 August 2026); it is precise to the number of significant figures shown on that page (five). It was not cross-checked against an independent second source within the time budget.
• Insider rows overlap: 'All current directors, nominees, and executive officers as a group (15 persons)' (352,946 shares) contains the individually listed Niccol and Ruggeri rows above and must not be summed with them.