In a recent SEC filing, prominent value investor Christopher Bloomstran of Semper Augustus disclosed a significant reduction in his firm's Starbucks (SBUX) holdings. According to the quarterly report, which reflects positions held as of June 30, 2026, Semper Augustus sold over 81% of its stake, decreasing its share count from 251.30K to 45.76K. The reported value of the holding consequently fell from $22.51 million to $4.68 million.
Investors should note that this information is from a delayed 13F disclosure, filed on August 14, 2026, and represents trading activity that occurred during the second quarter. The estimated value of the shares sold is approximately $21 million. This trade reduced Starbucks' weight in the Semper Augustus portfolio from 2.69% to just 0.53%. No specific commentary from Bloomstran regarding the reason for the sale was publicly available.