Fisher Asset Management Boosts Stake in Starbucks

Institutional investor increases holding in coffee giant by 0.9% in Q3

Published on Mar. 2, 2026

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Fisher Asset Management LLC, an institutional investor, increased its stake in Starbucks Corporation (NASDAQ:SBUX) by 0.9% in the third quarter, according to a recent SEC filing. The firm now owns 12,025,740 shares of the coffee company's stock, valued at over $1 billion.

Why it matters

Starbucks is one of the world's most recognizable brands, and institutional investors closely follow changes in major shareholders. This move by Fisher Asset Management, a prominent investment firm, suggests continued confidence in Starbucks' long-term growth potential.

The details

According to the filing, Fisher Asset Management bought an additional 105,760 shares of Starbucks in the third quarter, bringing its total stake to 1.06% of the company. The investment firm cited Starbucks' strong brand, global footprint, and potential for continued expansion as reasons for the increased investment.

  • The filing covers the third quarter of 2026.

The players

Fisher Asset Management LLC

An institutional investment firm that manages over $200 billion in assets.

Starbucks Corporation

A global coffee company and coffeehouse chain founded in Seattle, Washington in 1971.

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The takeaway

This move by Fisher Asset Management highlights the continued investor confidence in Starbucks' ability to grow its business and maintain its position as a leading global coffee brand. The increased stake suggests the firm sees further upside potential in Starbucks' stock.