Keurig Dr Pepper
700 hedge funds and large institutions have $30.3B invested in Keurig Dr Pepper in 2023 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 274 increasing their positions, 247 reducing their positions, and 86 closing their positions.
76% more call options, than puts
Call options by funds: $153M | Put options by funds: $86.6M
36% more first-time investments, than exits
New positions opened: 117 | Existing positions closed: 86
11% more repeat investments, than reductions
Existing positions increased: 274 | Existing positions reduced: 247
8% more capital invested
Capital invested by funds: $27.9B → $30.3B (+$2.35B)
3% more funds holding
Funds holding: 680 → 700 (+20)
2.04% more ownership
Funds ownership: 62.92% → 64.96% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$428M |
| 2 |
Morgan Stanley
New York
|
+$355M |
| 3 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
+$318M |
| 4 |
BlackRock
New York
|
+$140M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$115M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$212M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$150M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$120M |
| 4 |
Millennium Management
New York
|
-$75.9M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$66.5M |
KDP Hedge Fund Activity: Q4 2023 in Review
700 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q4 2023, worth a combined $30.3B — up 8.4% from $27.9B a quarter earlier.
Buyers outnumbered sellers: 117 funds opened new KDP positions and 86 closed out — a net gain of 31 holders — while 274 added to existing stakes and 247 trimmed.
The largest buyer was Capital World Investors, adding an estimated $428M. The largest seller was Neuberger Berman Group, cutting an estimated $212M.
- 700 institutional investors held Keurig Dr Pepper (KDP) as of Q4 2023, up from 680 in Q3 2023.
- Funds reported $30.3B of Keurig Dr Pepper stock for Q4 2023, up 8.4% quarter-over-quarter.
- 117 funds opened new Keurig Dr Pepper positions in Q4 2023 and 86 closed out, a net change of +31 holders.
- The largest Keurig Dr Pepper buyer in Q4 2023 was Capital World Investors, an estimated $428M added.
- The largest Keurig Dr Pepper seller in Q4 2023 was Neuberger Berman Group, an estimated $212M sold.
Based on aggregated 13F filings for Q4 2023.