Westpac Banking Corp Decreases Stake in Starbucks Corporation $SBUX

The institutional investor sold 17,098 shares of the coffee company's stock.

Feb. 27, 2026 at 1:42pm

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Westpac Banking Corp cut its position in Starbucks Corporation (NASDAQ:SBUX) by 60.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,249 shares of the coffee company's stock after selling 17,098 shares.

Why it matters

This filing provides insight into the investment decisions of Westpac Banking Corp, a major institutional investor, and their changing views on Starbucks Corporation, a prominent global coffee company.

The details

Westpac Banking Corp reduced its stake in Starbucks Corporation by selling 17,098 shares, resulting in the institutional investor now owning 11,249 shares of the coffee company's stock. This represents a 60.3% decrease in Westpac's position in Starbucks during the 3rd quarter.

  • Westpac Banking Corp made the changes to its Starbucks position during the 3rd quarter.

The players

Westpac Banking Corp

An Australian multinational bank and financial services company.

Starbucks Corporation

A global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses.

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The takeaway

This filing highlights the shifting investment strategies of major institutional investors like Westpac Banking Corp and their changing views on prominent companies like Starbucks. It provides insight into the broader trends and dynamics within the coffee and retail sectors.