Keurig Dr Pepper
724 hedge funds and large institutions have $29B invested in Keurig Dr Pepper in 2024 Q1 according to their latest regulatory filings, with 115 funds opening new positions, 298 increasing their positions, 245 reducing their positions, and 80 closing their positions.
44% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 80
22% more repeat investments, than reductions
Existing positions increased: 298 | Existing positions reduced: 245
3% more funds holding
Funds holding: 700 → 724 (+24)
3.02% more ownership
Funds ownership: 64.96% → 67.99% (+3%)
0% more call options, than puts
Call options by funds: $155M | Put options by funds: $154M
4% less capital invested
Capital invested by funds: $30.3B → $29B (-$1.3B)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$512M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$377M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$241M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$226M |
| 5 |
BlackRock
New York
|
+$209M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$423M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$364M |
| 3 |
Morgan Stanley
New York
|
-$242M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$214M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$131M |
KDP Hedge Fund Activity: Q1 2024 in Review
724 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q1 2024, worth a combined $29B — down 4.3% from $30.3B a quarter earlier.
Buyers outnumbered sellers: 115 funds opened new KDP positions and 80 closed out — a net gain of 35 holders — while 298 added to existing stakes and 245 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $512M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $423M.
- 724 institutional investors held Keurig Dr Pepper (KDP) as of Q1 2024, up from 700 in Q4 2023.
- Funds reported $29B of Keurig Dr Pepper stock for Q1 2024, down 4.3% quarter-over-quarter.
- 115 funds opened new Keurig Dr Pepper positions in Q1 2024 and 80 closed out, a net change of +35 holders.
- The largest Keurig Dr Pepper buyer in Q1 2024 was Fidelity Investments, an estimated $512M added.
- The largest Keurig Dr Pepper seller in Q1 2024 was T. Rowe Price Investment Management, an estimated $423M sold.
Based on aggregated 13F filings for Q1 2024.