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Royal Bank of Canada purchased a new stake in Luckin Coffee in Q2

royal bank

MILAN – Royal Bank of Canada purchased a new stake in Luckin Coffee Inc. during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC).

More in details, the Royal Bank purchased 7,474 shares of the company’s stock, valued at approximately $146,000.

A number of other large investors have also recently modified their holdings of the business.

BlackRock Inc. purchased a new position in shares of Luckin Coffee during the 2nd quarter valued at $25,238,000.

Janus Henderson Group PLC acquired a new stake in shares of Luckin Coffee in the 2nd quarter valued at $25,180,000. Suvretta Capital Management LLC acquired a new stake in shares of Luckin Coffee in the 2nd quarter valued at $21,228,000.

Southpoint Capital Advisors LP acquired a new stake in shares of Luckin Coffee in the 2nd quarter valued at $19,490,000. Finally, Coatue Management LLC acquired a new stake in shares of Luckin Coffee in the 2nd quarter valued at $10,034,000.