Keurig Dr Pepper
KDP
358 hedge funds and large institutions have $3.55B invested in Keurig Dr Pepper in 2018 Q3 according to their latest regulatory filings, with 73 funds opening new positions, 84 increasing their positions, 149 reducing their positions, and 214 closing their positions.
525% more call options, than puts
Call options by funds: $19.4M | Put options by funds: $3.1M
29% less funds holding
Funds holding: 505 → 358 (-147)
44% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 149
66% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 214
76% less funds holding in top 10
Funds holding in top 10: 21 → 5 (-16)
79.05% less ownership
Funds ownership: 90.07% → 11.02% (-79%)
82% less capital invested
Capital invested by funds: $19.8B → $3.55B (-$16.2B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$360M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$155M |
| 3 |
JP
Jana Partners
New York
|
+$103M |
| 4 |
BC
Brahman Capital
New York
|
+$87.9M |
| 5 |
CRC
Cedar Rock Capital
London,
United Kingdom
|
+$85.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Farallon Capital Management
San Francisco,
California
|
-$596M |
| 2 |
BlackRock
New York
|
-$230M |
| 3 |
Millennium Management
New York
|
-$215M |
| 4 |
MCM
Mason Capital Management
New York
|
-$202M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$187M |
KDP Hedge Fund Activity: Q3 2018 in Review
358 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q3 2018, worth a combined $3.55B — down 82% from $19.8B a quarter earlier.
Sellers outnumbered buyers: 214 funds closed out of KDP and 73 opened new positions — a net loss of 141 holders — while 149 trimmed existing stakes and 84 added.
The largest buyer was Fidelity Investments, adding an estimated $360M. The largest seller was Farallon Capital Management, exiting entirely with an estimated $596M sold.
- 358 institutional investors held Keurig Dr Pepper (KDP) as of Q3 2018, down from 505 in Q2 2018.
- Funds reported $3.55B of Keurig Dr Pepper stock for Q3 2018, down 82% quarter-over-quarter.
- 73 funds opened new Keurig Dr Pepper positions in Q3 2018 and 214 closed out, a net change of -141 holders.
- The largest Keurig Dr Pepper buyer in Q3 2018 was Fidelity Investments, an estimated $360M added.
- The largest Keurig Dr Pepper seller in Q3 2018 was Farallon Capital Management, an estimated $596M sold.
Based on aggregated 13F filings for Q3 2018.