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Keurig Dr Pepper

591 hedge funds and large institutions have $20.1B invested in Keurig Dr Pepper in 2018 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 115 increasing their positions, 277 reducing their positions, and 119 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 721 (+14)

24% more capital invested

Capital invested by funds: $16.2B → $20.1B (+$3.93B)

2.2% more ownership

Funds ownership: 92.57%94.77% (+2.2%)

8% more call options, than puts

Call options by funds: $258M | Put options by funds: $239M

5% less funds holding

Funds holding: 622591 (-31)

19% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 119

58% less repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 277

Holders
591
Holders Change
-31
Holders Change %
-4.98%
% of All Funds
13.55%
Holding in Top 10
21
Holding in Top 10 Change
+14
Holding in Top 10 Change %
+200%
% of All Funds
0.48%
New
96
Increased
115
Reduced
277
Closed
119
Calls
$258M
Puts
$239M
Net Calls
+$19.8M
Net Calls Change
-$45.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Pension Plan Investment Board
26
Canada Pension Plan Investment Board
Ontario, Canada
$122M +$87.5M +789,421 +331%
GI
27
GAMCO Investors
Connecticut
$120M +$14.5M +130,870 +15%
Legal & General Group
28
Legal & General Group
United Kingdom
$120M -$4.07M -36,735 -3%
MCM
29
Mason Capital Management
New York
$106M +$99.5M +898,000 New
GF
30
Gabelli Funds
New York
$102M +$20.2M +182,620 +27%
Deutsche Bank
31
Deutsche Bank
Germany
$97.4M -$2.82M -25,406 -3%
Dimensional Fund Advisors
32
Dimensional Fund Advisors
Texas
$97M +$744K +6,711 +0.8%
Walleye Trading
33
Walleye Trading
New York
$93.4M +$87.3M +787,431 +54,418%
AAM
34
Alpine Associates Management
Florida
$90.5M +$84.8M +764,600 New
CC
35
Carlson Capital
Texas
$90.4M +$84.7M +764,000 New
UBS AM
36
UBS AM
Illinois
$89.2M +$3.09M +27,876 +4%
WCMNY
37
Westchester Capital Management (New York)
New York
$88.2M +$82.6M +745,359 New
Citigroup
38
Citigroup
New York
$79.6M +$48.6M +438,484 +188%
Charles Schwab
39
Charles Schwab
California
$79.1M -$5.17M -46,610 -7%
PPA
40
Parametric Portfolio Associates
Washington
$78.2M -$1.21M -10,886 -2%
Grantham, Mayo, Van Otterloo & Co (GMO)
41
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$74.3M +$69.3M +625,200 +24,242%
Citadel Advisors
42
Citadel Advisors
Florida
$73.3M +$30.3M +273,186 +79%
JP
43
Jana Partners
New York
$69.9M +$65.4M +590,329 New
BNP Paribas Financial Markets
44
BNP Paribas Financial Markets
France
$69.8M +$45.7M +412,208 +233%
Sumitomo Mitsui Trust Group
45
Sumitomo Mitsui Trust Group
Japan
$68.9M +$252K +2,272 +0.4%
AAMU
46
Amundi Asset Management US
Massachusetts
$66.9M -$20.1M -181,366 -24%
HSBC Holdings
47
HSBC Holdings
United Kingdom
$65.9M +$6.58M +59,325 +12%
CVA
48
Ceredex Value Advisors
Florida
$65.8M +$61.3M +552,925 New
TCIM
49
TIAA CREF Investment Management
New York
$63.6M -$16.6M -149,783 -22%
Wells Fargo
50
Wells Fargo
California
$61.1M -$135M -1,222,026 -70%

KDP Hedge Fund Activity: Q1 2018 in Review

591 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q1 2018, worth a combined $20.1B — up 24% from $16.2B a quarter earlier.

Sellers outnumbered buyers: 119 funds closed out of KDP and 96 opened new positions — a net loss of 23 holders — while 277 trimmed existing stakes and 115 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $1.02B. The largest seller was Fundsmith LLP, exiting entirely with an estimated $849M sold.

  • 591 institutional investors held Keurig Dr Pepper (KDP) as of Q1 2018, down from 622 in Q4 2017.
  • Funds reported $20.1B of Keurig Dr Pepper stock for Q1 2018, up 24% quarter-over-quarter.
  • 96 funds opened new Keurig Dr Pepper positions in Q1 2018 and 119 closed out, a net change of -23 holders.
  • The largest Keurig Dr Pepper buyer in Q1 2018 was T. Rowe Price Associates, an estimated $1.02B added.
  • The largest Keurig Dr Pepper seller in Q1 2018 was Fundsmith LLP, an estimated $849M sold.

Based on aggregated 13F filings for Q1 2018.