Exited position

Bill Ackman’s Starbucks (SBUX) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Pershing Square Capital ManagementVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ4 2018Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares11.75MHighest verified quarter-end share count
Quarters reported9Verified quarters with shares above zero
What happened?

Pershing Square Capital Management first reported Starbucks in Q4 2018. The reported position was increased and reduced across later filings. The latest verified relationship event shows that Pershing Square Capital Management sold the entire position in Q1 2021, and the stock is no longer reported in the latest verified portfolio.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q1 2021
Sold the entire position−10.07M shares · No shares reported at quarter-end
Q4 2020
Sold 0.6% of the position−60.97K shares · 10.07M shares remained
Filing context

Quarter-end price $106.98 · Estimated holding basis $65.02

Q1 2020
Bought 85.6% more+4.67M shares · 10.13M shares reported after the change
Filing context

Quarter-end price $65.74 · Estimated holding basis $65.02

Q4 2019
Sold 41.4% of the position−3.86M shares · 5.46M shares remained
Filing context

Quarter-end price $87.92 · Estimated holding basis $64.40

Q2 2019
Sold 6.8% of the position−680.16K shares · 9.31M shares remained
Filing context

Quarter-end price $83.83 · Estimated holding basis $64.40

Q1 2019
Sold 15.0% of the position−1.76M shares · 9.99M shares remained
Filing context

Quarter-end price $74.34 · Estimated holding basis $64.40

3 unchanged quarters are collapsed by default.

Portfolio importance

How important was Starbucks in Pershing Square Capital Management’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight10.8%Q4 2020
Last reported rank#6of 7 reported positions
Peak portfolio weight12.7%Q4 2018
Best historical rank#5Q4 2018
At peak importanceQ4 2018
SBUX
12.7%
Largest holding
17.3%
Cross-investor discovery

Who else owns Starbucks?

Also reported by 3 other tracked investors in their latest verified filings.

Christopher BloomstranSemper Augustus Investments Group LLC
SBUX0.5% of reported portfolio
Ray DalioBridgewater Associates, LP
SBUX0.0% of reported portfolio
Joel GreenblattGotham Asset Management
SBUX0.0% of reported portfolio
Explore Starbucks across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$98.742026-09-11

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

View Starbucks stock page →

This tracker follows Pershing Square Capital Management’s Form 13F disclosures. It is not Bill Ackman’s personal brokerage account, and 13F filings do not reveal exact trade dates or execution prices.