Terry Smith’s Keurig Dr Pepper KDP Stock Holding History

Terry Smith’s Portfolio KDP Stock Details KDP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-8,742,447	Closed	-$849M	–	18
2017 Q4	$849M	Buy	8,742,447 +1,252,556	+17%	+$112M	7.27%	3
2017 Q3	$662M	Buy	7,489,891 +2,197,994	+42%	+$199M	6.41%	7
2017 Q2	$482M	Sell	5,291,897 -37,189	-0.7%	-$3.48M	5.06%	12
2017 Q1	$522M	Buy	5,329,086 +24,232	+0.5%	+$2.26M	6.06%	9
2016 Q4	$483M	Buy	5,304,854 +1,356,247	+34%	+$119M	6.35%	7
2016 Q3	$361M	Buy	3,948,607 +347,448	+10%	+$32.9M	4.93%	13
2016 Q2	$348M	Hold	3,601,159	–	–	5.51%	10
2016 Q1	$322M	Buy	3,601,159 +47,410	+1%	+$4.33M	6.93%	7
2015 Q4	$331M	Hold	3,553,749	–	–	8.32%	2
2015 Q3	$281M	Buy	3,553,749 +39,134	+1%	+$3.07M	8.57%	2
2015 Q2	$256M	Hold	3,514,615	–	–	8.06%	4
2015 Q1	$276M	Hold	3,514,615	–	–	8.93%	2
2014 Q4	$252M	Buy	3,514,615 +139,543	+4%	+$9.67M	8.98%	2
2014 Q3	$217M	Buy	3,375,072 +28,433	+0.8%	+$1.74M	9.28%	2
2014 Q2	$196M	Buy	3,346,639 +128,053	+4%	+$7.2M	9.05%	3
2014 Q1	$175M	Buy	3,218,586 +181,880	+6%	+$9.16M	9.2%	4
2013 Q4	$148M	Hold	3,036,706	–	–	9.18%	4
2013 Q3	$136M	Buy	3,036,706 +205,649	+7%	+$9.47M	9.06%	4
2013 Q2	$130M	Buy	+2,831,057	New	+$134M	9.14%	2

Other funds holding KDP

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

CRC

Cedar Rock Capital London, United Kingdom $4.05B AUM 21.89% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

FCM

Farallon Capital Management San Francisco, California $21.7B AUM 79.24% 1-Year Est. Return

Terry Smith's KDP Position: Q1 2018 in Review

Terry Smith sold out of Keurig Dr Pepper (KDP) in Q1 2018, closing a stake of 8,742,447 shares — an estimated $849M sold.

Terry Smith first reported a position in KDP in Q2 2013 and held it in 19 quarters. The position peaked at $849M in Q4 2017. 591 funds tracked by Wall St. Rank hold KDP as of Q1 2018.

Terry Smith reported no remaining Keurig Dr Pepper position as of Q1 2018 after selling out during the quarter.
Terry Smith sold 8,742,447 Keurig Dr Pepper shares in Q1 2018, an estimated $849M.
Terry Smith first reported a position in Keurig Dr Pepper in Q2 2013 and held it in 19 quarters.
Terry Smith's Keurig Dr Pepper position peaked at $849M in Q4 2017.
591 funds tracked by Wall St. Rank held Keurig Dr Pepper as of Q1 2018.

Based on Fundsmith LLP's 13F filing for Q1 2018, filed 30 Apr 2018.