Bank of Montreal Can Boosts Starbucks Stock Holdings

The Canadian bank increased its stake in the coffee giant by 20.9% in the third quarter.

Mar. 11, 2026 at 7:20am

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Bank of Montreal Can, a Canadian financial institution, increased its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 20.9% during the third quarter, according to a recent filing with the Securities and Exchange Commission. The firm now owns 1,888,905 shares of the coffee company's stock, worth approximately $159.8 million.

Why it matters

Starbucks is a major global brand and the increased investment by a large institutional investor like Bank of Montreal Can suggests confidence in the company's long-term prospects. This news could signal positive sentiment around Starbucks' performance and growth potential.

The details

According to the filing, Bank of Montreal Can acquired an additional 326,151 shares of Starbucks during the third quarter, bringing its total stake to approximately 0.17% of the coffee company's outstanding shares. The increased position makes Bank of Montreal Can one of Starbucks' larger institutional shareholders.

  • Bank of Montreal Can increased its Starbucks stake during the third quarter of 2026.

The players

Bank of Montreal Can

A Canadian multinational financial services company and one of the largest banks in North America.

Starbucks Corporation

An American multinational chain of coffeehouses and roastery reserves, and the world's largest specialty coffee retailer.

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The takeaway

The increased investment by Bank of Montreal Can in Starbucks suggests the Canadian bank sees strong long-term potential in the coffee giant. This news could signal growing confidence in Starbucks' ability to navigate industry challenges and continue its global expansion.