Starbucks Corp. (NASDAQ:SBUX) gives more teeth to their expansion plans for China by proposing to double their staff in the country to 30,000 by 2015, claiming the business was in its infancy in terms of development and growth. The increased headcount is necessitated as Starbucks plans to double the number of their stores in China to 1500 by 2015.
Will Starbucks Corp.’s shareholders increase their holdings? They reported owning a total of 550.744 million shares on 09/30/2012. The shares closed at $50.50 on 09/30/2012.
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Here are the ten largest positions in Starbucks Corp. at the end of September 30th, 2012.
Price T. Rowe Associates Inc. /MD/ held 48,007,956 shares on 09/30/2012 worth $2,434,483,405. This brought the portfolio total to 0.72%.
FMR LLC. held 37,724,322 shares on 09/30/2012 worth $1,913,000,334. This brought the portfolio total to 0.35%.
Vanguard Group Inc. held 32,600,333 shares on 09/30/2012 worth $1,653,162,857. This brought the portfolio total to 0.21%.
State Street Corp. held 28,025,303 shares on 09/30/2012 worth $1,421,163,089. This brought the portfolio total to 0.21%.
Blackrock Institutional Trust Company N.A. held 20,255,630 shares on 09/30/2012 worth $1,027,162,979. This brought the portfolio total to 0.23%.
Capital World Investors held 18,180,000 shares on 09/30/2012 worth $921,907,783. This brought the portfolio total to 0.34%.
Northern Trust Corp. held 12,844,903 shares on 09/30/2012 worth $651,365,019. This brought the portfolio total to 0.27%.
Invesco Ltd.. held 11,677,967 shares on 09/30/2012 worth $592,189,696. This brought the portfolio total to 0.31%.
Marsico Capital Management LLC. held 11,483,486 shares on 09/30/2012 worth $582,327,565. This brought the portfolio total to 2.35%.
Sands Capital Management LLC. held 10,483,782 shares on 09/30/2012 worth $531,632,576. This brought the portfolio total to 2.19%.
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