Great Lakes Advisors LLC Trims Starbucks Holdings

Investment firm reduces stake in coffee giant by 16.4% in Q3

Jan. 31, 2026 at 2:47am

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Great Lakes Advisors LLC, a Chicago-based investment management firm, reduced its holdings in Starbucks Corporation (NASDAQ:SBUX) by 16.4% in the third quarter of 2025, according to a disclosure filed with the Securities and Exchange Commission (SEC). The firm now owns 61,076 shares of the coffee company's stock, valued at $5.17 million.

Why it matters

Starbucks is one of the most widely held stocks among institutional investors, so changes in ownership by major firms can provide insights into market sentiment around the company. Great Lakes Advisors' decision to trim its Starbucks position may signal broader caution among investors about the coffee chain's growth prospects.

The details

According to the SEC filing, Great Lakes Advisors sold 11,999 Starbucks shares during the third quarter, reducing its total position to 61,076 shares. The firm cited unspecified reasons for the portfolio adjustment. Starbucks' stock price has fluctuated in recent months, with the shares trading between $75.50 and $117.46 over the past 52 weeks.

  • Great Lakes Advisors made the changes to its Starbucks holdings in the third quarter of 2025.

The players

Great Lakes Advisors LLC

A Chicago-based investment management firm that oversees approximately $10 billion in client assets.

Starbucks Corporation

A global coffee company and coffeehouse chain based in Seattle, Washington.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Great Lakes Advisors' decision to reduce its Starbucks holdings suggests some institutional investors may be taking a more cautious view on the coffee giant's growth prospects, even as the company remains a popular investment among many fund managers.