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Keurig Dr Pepper

476 hedge funds and large institutions have $19.2B invested in Keurig Dr Pepper in 2020 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 216 increasing their positions, 102 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

112% more repeat investments, than reductions

Existing positions increased: 216 | Existing positions reduced: 102

46% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 61

31% more capital invested

Capital invested by funds: $14.7B → $19.2B (+$4.54B)

6% more funds holding

Funds holding: 451476 (+25)

4.4% more ownership

Funds ownership: 38.28%42.68% (+4.4%)

15% less funds holding in top 10

Funds holding in top 10: 1311 (-2)

24% less call options, than puts

Call options by funds: $24.8M | Put options by funds: $32.6M

Holders
476
Holders Change
+25
Holders Change %
+5.54%
% of All Funds
8.42%
Holding in Top 10
11
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-15.38%
% of All Funds
0.19%
New
89
Increased
216
Reduced
102
Closed
61
Calls
$24.8M
Puts
$32.6M
Net Calls
-$7.83M
Net Calls Change
+$4.38M
Name Holding Trade Value Shares
Change
Change in
Stake
Victory Capital Management
26
Victory Capital Management
Texas
$104M +$14.5M +489,120 +18%
Bank of New York Mellon
27
Bank of New York Mellon
New York
$100M +$27.5M +927,391 +42%
Norges Bank
28
Norges Bank
Norway
$99.8M -$75.4M -2,548,265 -45%
LP
29
Lexington Partners
New York
$96M +$56.7M +1,914,621 +176%
Legal & General Group
30
Legal & General Group
United Kingdom
$93.5M +$21.7M +732,115 +33%
CCM
31
CAAS Capital Management
New York
$91.2M -$14.7M -495,378 -15%
Swiss National Bank
32
Swiss National Bank
Switzerland
$68M +$22.4M +756,000 +55%
ClearBridge Investments
33
ClearBridge Investments
New York
$66.1M -$2.16M -72,837 -3%
Sumitomo Mitsui Trust Group
34
Sumitomo Mitsui Trust Group
Japan
$59.3M +$16.1M +542,984 +41%
Bank of America
35
Bank of America
North Carolina
$58.4M -$13M -439,619 -19%
UBS AM
36
UBS AM
Illinois
$55.7M +$14.2M +478,508 +38%
Goldman Sachs
37
Goldman Sachs
New York
$53.6M -$16.8M -568,893 -25%
Charles Schwab
38
Charles Schwab
California
$53.1M +$9.38M +316,764 +24%
Dimensional Fund Advisors
39
Dimensional Fund Advisors
Texas
$51.8M +$12.9M +434,588 +37%
First Trust Advisors
40
First Trust Advisors
Illinois
$49.6M +$31.1M +1,050,166 +210%
KBC Group
41
KBC Group
Belgium
$48.7M +$900K +30,414 +12%
SH
42
SeaTown Holdings
Singapore
$45.9M +$27.1M +915,907 +176%
Morgan Stanley
43
Morgan Stanley
New York
$41.1M +$13.3M +448,677 +54%
HA
44
HHLR Advisors
Cayman Islands
$39.4M +$22.2M +748,598 +155%
Luther King Capital Management (LKCM)
45
Luther King Capital Management (LKCM)
Texas
$39M +$8.29M +280,044 +30%
Man Group
46
Man Group
United Kingdom
$38.5M +$4.57M +154,274 +15%
ProShare Advisors
47
ProShare Advisors
Maryland
$37.5M +$34.7M +1,170,659 New
Invesco
48
Invesco
Georgia
$37M +$21.6M +730,126 +171%
UBS Group
49
UBS Group
Switzerland
$35.3M -$8.92M -301,149 -21%
Temasek Holdings
50
Temasek Holdings
Singapore
$34.8M

KDP Hedge Fund Activity: Q4 2020 in Review

476 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q4 2020, worth a combined $19.2B — up 31% from $14.7B a quarter earlier.

Buyers outnumbered sellers: 89 funds opened new KDP positions and 61 closed out — a net gain of 28 holders — while 216 added to existing stakes and 102 trimmed.

The largest buyer was Harris Associates, adding an estimated $535M. The largest seller was Millennium Management, cutting an estimated $173M.

  • 476 institutional investors held Keurig Dr Pepper (KDP) as of Q4 2020, up from 451 in Q3 2020.
  • Funds reported $19.2B of Keurig Dr Pepper stock for Q4 2020, up 31% quarter-over-quarter.
  • 89 funds opened new Keurig Dr Pepper positions in Q4 2020 and 61 closed out, a net change of +28 holders.
  • The largest Keurig Dr Pepper buyer in Q4 2020 was Harris Associates, an estimated $535M added.
  • The largest Keurig Dr Pepper seller in Q4 2020 was Millennium Management, an estimated $173M sold.

Based on aggregated 13F filings for Q4 2020.