Canada Pension Plan Investment Board lifted its position in Starbucks Corporation (NASDAQ:SBUX) by 7.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,754,607 shares of the coffee company’s stock after acquiring an additional 128,675 shares during the quarter. Canada Pension Plan Investment Board owned approximately 0.12% of Starbucks Corporation worth $102,311,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SBUX. Regent Investment Management LLC grew its position in Starbucks Corporation by 6.8% during the second quarter. Regent Investment Management LLC now owns 4,683 shares of the coffee company’s stock valued at $273,000 after buying an additional 300 shares during the period. Cape Cod Five Cents Savings Bank grew its position in Starbucks Corporation by 16.9% during the second quarter. Cape Cod Five Cents Savings Bank now owns 31,902 shares of the coffee company’s stock valued at $1,861,000 after buying an additional 4,616 shares during the period. Personal Capital Advisors Corp grew its position in Starbucks Corporation by 8.0% during the second quarter. Personal Capital Advisors Corp now owns 369,606 shares of the coffee company’s stock valued at $21,552,000 after buying an additional 27,508 shares during the period. Magellan Asset Management Ltd lifted its holdings in Starbucks Corporation by 3,809,645.9% during the first quarter. Magellan Asset Management Ltd now owns 18,667,755 shares of the coffee company’s stock valued at $1,090,000,000 after purchasing an additional 18,667,265 shares during the last quarter. Finally, Shelton Capital Management lifted its holdings in Starbucks Corporation by 104.4% during the first quarter. Shelton Capital Management now owns 202,191 shares of the coffee company’s stock valued at $11,806,000 after purchasing an additional 103,256 shares during the last quarter. Hedge funds and other institutional investors own 70.77% of the company’s stock.

Source: Stock News Times