Banco Bilbao Vizcaya Argentaria S.A. Boosts Starbucks Holdings

The Spanish bank increased its stake in the coffee giant by 37.7% in the third quarter.

Mar. 16, 2026 at 8:19am

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Banco Bilbao Vizcaya Argentaria S.A. (BBVA), a major Spanish bank, boosted its holdings in Starbucks Corporation (NASDAQ:SBUX) by 37.7% in the third quarter of 2026, according to the company's latest 13F filing with the U.S. Securities and Exchange Commission (SEC). BBVA now owns 114,942 shares of the coffee company's stock, valued at $9.72 million.

Why it matters

The increased investment by BBVA, one of the largest banks in Europe, suggests continued confidence in Starbucks' long-term growth potential despite some recent quarterly earnings misses. As a major institutional investor, BBVA's stake in Starbucks is closely watched by the market.

The details

In its 13F filing, BBVA reported that it added 31,459 shares of Starbucks to its portfolio during the third quarter, bringing its total holdings to 114,942 shares. This represents a 37.7% increase in its Starbucks position compared to the prior quarter. BBVA's Starbucks holdings are now valued at $9.72 million, making it one of the bank's larger equity investments.

  • BBVA reported its increased Starbucks holdings in its Q3 2026 13F filing.

The players

Banco Bilbao Vizcaya Argentaria S.A.

A major Spanish bank and one of the largest financial institutions in Europe.

Starbucks Corporation

An American multinational coffeehouse and roastery chain.

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The takeaway

BBVA's increased stake in Starbucks suggests the bank sees long-term growth potential in the coffee giant, even as it navigates some recent earnings challenges. This investment highlights the continued appeal of Starbucks as a core holding for major institutional investors.