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Keurig Dr Pepper

728 hedge funds and large institutions have $32.2B invested in Keurig Dr Pepper in 2024 Q2 according to their latest regulatory filings, with 107 funds opening new positions, 319 increasing their positions, 232 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more call options, than puts

Call options by funds: $179M | Put options by funds: $119M

38% more repeat investments, than reductions

Existing positions increased: 319 | Existing positions reduced: 232

19% more first-time investments, than exits

New positions opened: 107 | Existing positions closed: 90

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

11% more capital invested

Capital invested by funds: $29B → $32.2B (+$3.25B)

3.12% more ownership

Funds ownership: 67.99%71.1% (+3.1%)

1% more funds holding

Funds holding: 724728 (+4)

Holders
728
Holders Change
+4
Holders Change %
+0.55%
% of All Funds
10.51%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.1%
New
107
Increased
319
Reduced
232
Closed
90
Calls
$179M
Puts
$119M
Net Calls
+$60.6M
Net Calls Change
+$60.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Boston Partners
51
Boston Partners
Massachusetts
$77M -$159M -4,793,039 -68%
Principal Financial Group
52
Principal Financial Group
Iowa
$75.4M +$21.9M +659,014 +41%
Renaissance Technologies
53
Renaissance Technologies
New York
$73.8M -$88.7M -2,674,700 -55%
Envestnet Asset Management
54
Envestnet Asset Management
Illinois
$73.2M +$7.62M +229,644 +12%
Bank Julius Baer & Co
55
Bank Julius Baer & Co
Switzerland
$68.5M +$63.8M +1,921,439 New
HSBC Holdings
56
HSBC Holdings
United Kingdom
$67.7M -$8.12M -244,648 -11%
Ameriprise
57
Ameriprise
Minnesota
$67M +$7.17M +216,137 +12%
RhumbLine Advisers
58
RhumbLine Advisers
Massachusetts
$66.3M +$4.06M +122,500 +7%
Aberdeen Group
59
Aberdeen Group
United Kingdom
$62.5M -$1.68M -50,749 -3%
California State Teachers Retirement System (CalSTRS)
60
California State Teachers Retirement System (CalSTRS)
California
$62.2M +$986K +29,715 +2%
AllianceBernstein
61
AllianceBernstein
Tennessee
$60.2M -$12.1M -363,270 -17%
AQR Capital Management
62
AQR Capital Management
Connecticut
$59.4M -$108K -3,269 -0.2%
CP
63
Coho Partners
Pennsylvania
$59.3M +$58.9M +1,776,628 New
LP
64
Lexington Partners
New York
$55.2M -$44.8M -1,349,492 -45%
Citigroup
65
Citigroup
New York
$53.9M +$13.9M +419,651 +35%
TD Asset Management
66
TD Asset Management
Ontario, Canada
$53.7M +$9.87M +297,344 +23%
Royal Bank of Canada
67
Royal Bank of Canada
Ontario, Canada
$51.4M -$2.14M -64,616 -4%
Mitsubishi UFJ Asset Management
68
Mitsubishi UFJ Asset Management
Japan
$50.8M +$5.87M +176,986 +13%
New York State Common Retirement Fund
69
New York State Common Retirement Fund
New York
$49.7M +$4.86M +146,444 +11%
AC
70
Armistice Capital
New York
$49.6M +$32.1M +966,924 +186%
National Pension Service
71
National Pension Service
South Korea
$48.3M +$2.91M +87,568 +6%
Fidelity International
72
Fidelity International
Bermuda
$45.4M -$659K -19,858 -1%
ProShare Advisors
73
ProShare Advisors
Maryland
$43.6M -$5.88M -177,236 -12%
Bank of Montreal
74
Bank of Montreal
Ontario, Canada
$43.2M -$5.6M -168,869 -12%
RJA
75
Raymond James & Associates
Florida
$40.9M +$1.2M +36,279 +3%

KDP Hedge Fund Activity: Q2 2024 in Review

728 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q2 2024, worth a combined $32.2B — up 11% from $29B a quarter earlier.

Buyers outnumbered sellers: 107 funds opened new KDP positions and 90 closed out — a net gain of 17 holders — while 319 added to existing stakes and 232 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $400M. The largest seller was Holocene Advisors, exiting entirely with an estimated $203M sold.

  • 728 institutional investors held Keurig Dr Pepper (KDP) as of Q2 2024, up from 724 in Q1 2024.
  • Funds reported $32.2B of Keurig Dr Pepper stock for Q2 2024, up 11% quarter-over-quarter.
  • 107 funds opened new Keurig Dr Pepper positions in Q2 2024 and 90 closed out, a net change of +17 holders.
  • The largest Keurig Dr Pepper buyer in Q2 2024 was Fidelity Investments, an estimated $400M added.
  • The largest Keurig Dr Pepper seller in Q2 2024 was Holocene Advisors, an estimated $203M sold.

Based on aggregated 13F filings for Q2 2024.