Clearbridge Investments LLC boosted its position in Starbucks Co. (NASDAQ:SBUX) by 7.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 154,666 shares of the coffee company’s stock after buying an additional 11,024 shares during the quarter. Clearbridge Investments LLC’s holdings in Starbucks were worth $10,168,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Capital Wealth Alliance LLC bought a new stake in Starbucks in the fourth quarter valued at about $25,000. RMR Wealth Builders bought a new stake in Starbucks in the fourth quarter valued at about $26,000.