Exited position

Terry Smith’s Starbucks (SBUX) position

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

Fundsmith LLPVerified through Q2 2026
Relationship snapshot

At a glance

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

First reportedQ1 2020Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares11.58MHighest verified quarter-end share count
Quarters reported9Verified quarters with shares above zero
What happened?

Fundsmith LLP first reported Starbucks in Q1 2020. The reported position was increased and reduced across later filings. The latest verified relationship event shows that Fundsmith LLP sold the entire position in Q2 2022, 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.

Q2 2022
Sold the entire position−8.23M shares · No shares reported at quarter-end
Q1 2022
Sold 28.9% of the position−3.34M shares · 8.23M shares remained
Filing context

Quarter-end price $90.97 · Estimated holding basis $78.20

Q4 2021
Bought 7.7% more+831.72K shares · 11.58M shares reported after the change
Filing context

Quarter-end price $116.97 · Estimated holding basis $78.20

Q3 2021
Sold 0.01% of the position−1.26K shares · 10.75M shares remained
Filing context

Quarter-end price $110.31 · Estimated holding basis $75.20

Q2 2021
Bought 0.2% more+25.86K shares · 10.75M shares reported after the change
Filing context

Quarter-end price $111.81 · Estimated holding basis $75.20

Q1 2021
Bought 2.7% more+279.35K shares · 10.72M shares reported after the change
Filing context

Quarter-end price $109.27 · Estimated holding basis $75.12

Portfolio importance

How important was Starbucks in Fundsmith LLP’s reported portfolio?

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

Last reported portfolio weight2.6%Q1 2022
Last reported rank#20of 44 reported positions
Peak portfolio weight3.7%Q1 2021
Best historical rank#13Q4 2020
At peak importanceQ1 2021
SBUX
3.7%
Largest holding
9.5%
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 Fundsmith LLP’s reported positions. Form 13F reports quarter-end positions and is filed later; it does not disclose exact trade dates or execution prices.