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Keurig Dr Pepper

680 hedge funds and large institutions have $27.9B invested in Keurig Dr Pepper in 2023 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 344 increasing their positions, 171 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

101% more repeat investments, than reductions

Existing positions increased: 344 | Existing positions reduced: 171

60% more funds holding in top 10

Funds holding in top 10: 58 (+3)

37% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 68

10% more capital invested

Capital invested by funds: $25.4B → $27.9B (+$2.5B)

5.1% more ownership

Funds ownership: 57.82%62.92% (+5.1%)

3% more funds holding

Funds holding: 660680 (+20)

46% less call options, than puts

Call options by funds: $141M | Put options by funds: $260M

Holders
680
Holders Change
+20
Holders Change %
+3.03%
% of All Funds
10.79%
Holding in Top 10
8
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+60%
% of All Funds
0.13%
New
93
Increased
344
Reduced
171
Closed
68
Calls
$141M
Puts
$260M
Net Calls
-$118M
Net Calls Change
+$54.2M
Name Holding Trade Value Shares
Change
Change in
Stake
California Public Employees Retirement System
26
California Public Employees Retirement System
California
$183M +$9.75M +295,408 +5%
Arrowstreet Capital
27
Arrowstreet Capital
Massachusetts
$176M +$28.2M +856,113 +18%
BG
28
Bahl & Gaynor
Ohio
$170M +$27.6M +837,390 +18%
UBS AM
29
UBS AM
Illinois
$167M -$6.47M -196,125 -4%
Charles Schwab
30
Charles Schwab
California
$166M +$29.4M +890,721 +20%
Renaissance Technologies
31
Renaissance Technologies
New York
$163M -$87.7M -2,659,000 -34%
Goldman Sachs
32
Goldman Sachs
New York
$147M +$52.9M +1,603,477 +53%
Man Group
33
Man Group
United Kingdom
$143M -$180M -5,443,216 Closed
Millennium Management
34
Millennium Management
New York
$137M +$142M +4,317,875 +13,254%
Barclays
35
Barclays
United Kingdom
$137M +$56.9M +1,725,535 +66%
AP
36
AlpInvest Partners
Netherlands
$126M
Retirement Systems of Alabama
37
Retirement Systems of Alabama
Alabama
$105M +$1.19M +36,046 +1%
PFO
38
Pathstone Family Office
New Jersey
$99.7M +$4.09M +123,889 +4%
First Trust Advisors
39
First Trust Advisors
Illinois
$99.6M -$38.9M -1,179,134 -27%
Victory Capital Management
40
Victory Capital Management
Texas
$96.5M +$9.84M +298,372 +11%
LP
41
Lexington Partners
New York
$94.7M
Swiss National Bank
42
Swiss National Bank
Switzerland
$92.7M -$12.1M -366,800 -11%
Dimensional Fund Advisors
43
Dimensional Fund Advisors
Texas
$90.8M +$8.22M +249,212 +9%
Point72 Asset Management
44
Point72 Asset Management
Connecticut
$89.8M +$92.5M +2,802,841 +6,728%
Sumitomo Mitsui Trust Group
45
Sumitomo Mitsui Trust Group
Japan
$88.7M -$660K -20,001 -0.7%
AQR Capital Management
46
AQR Capital Management
Connecticut
$85.7M -$811K -24,580 -0.9%
Principal Financial Group
47
Principal Financial Group
Iowa
$83.5M +$8.86M +268,532 +11%
Wells Fargo
48
Wells Fargo
California
$82.5M +$12.8M +388,704 +17%
AllianceBernstein
49
AllianceBernstein
Tennessee
$78.6M +$30.4M +919,940 +59%
Deutsche Bank
50
Deutsche Bank
Germany
$76.2M -$3.87M -117,195 -5%

KDP Hedge Fund Activity: Q3 2023 in Review

680 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q3 2023, worth a combined $27.9B — up 9.8% from $25.4B a quarter earlier.

Buyers outnumbered sellers: 93 funds opened new KDP positions and 68 closed out — a net gain of 25 holders — while 344 added to existing stakes and 171 trimmed.

The largest buyer was Capital World Investors, adding an estimated $451M. The largest seller was Man Group, exiting entirely with an estimated $180M sold.

  • 680 institutional investors held Keurig Dr Pepper (KDP) as of Q3 2023, up from 660 in Q2 2023.
  • Funds reported $27.9B of Keurig Dr Pepper stock for Q3 2023, up 9.8% quarter-over-quarter.
  • 93 funds opened new Keurig Dr Pepper positions in Q3 2023 and 68 closed out, a net change of +25 holders.
  • The largest Keurig Dr Pepper buyer in Q3 2023 was Capital World Investors, an estimated $451M added.
  • The largest Keurig Dr Pepper seller in Q3 2023 was Man Group, an estimated $180M sold.

Based on aggregated 13F filings for Q3 2023.