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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
ProShare Advisors
76
ProShare Advisors
Maryland
$45.3M +$7.18M +217,679 +18%
Two Sigma Advisers
77
Two Sigma Advisers
New York
$42.5M +$95.7K +2,900 +0.2%
Mirae Asset Global Investments
78
Mirae Asset Global Investments
South Korea
$42M +$8.07M +244,723 +23%
RJA
79
Raymond James & Associates
Florida
$41.8M +$9.48M +287,306 +28%
Citigroup
80
Citigroup
New York
$39.8M -$27M -819,636 -39%
APG Asset Management
81
APG Asset Management
Netherlands
$39.6M -$2.25M -68,300 -5%
National Pension Service
82
National Pension Service
South Korea
$38.2M -$603K -18,263 -2%
CVA
83
Ceredex Value Advisors
Florida
$37.2M +$38.6M +1,169,350 New
TAM
84
Tocqueville Asset Management
New York
$36.7M +$6.75M +204,482 +21%
LIP
85
Lighthouse Investment Partners
Florida
$36.5M +$30.3M +918,036 +383%
TCG
86
Tremblant Capital Group
Florida
$36.5M -$4.98M -151,023 -12%
EOJOAM
87
E. Ohman J:or Asset Management
Sweden
$34.7M +$2.99M +90,708 +9%
Bank of Montreal
88
Bank of Montreal
Ontario, Canada
$33.7M +$6.94M +210,259 +27%
Bank of Nova Scotia
89
Bank of Nova Scotia
Ontario, Canada
$33.5M -$35.4M -1,072,100 -50%
Adage Capital Partners
90
Adage Capital Partners
Massachusetts
$31.6M +$5.31M +161,000 +19%
Russell Investments Group
91
Russell Investments Group
United Kingdom
$30.9M +$4.03M +122,148 +14%
Canada Life
92
Canada Life
Manitoba, Canada
$30.6M +$878K +26,605 +3%
Mitsubishi UFJ Asset Management
93
Mitsubishi UFJ Asset Management
Japan
$30.5M +$5.17M +156,832 +19%
State Board of Administration of Florida Retirement System
94
State Board of Administration of Florida Retirement System
Florida
$30M +$201K +6,101 +0.6%
Mitsubishi UFJ Trust & Banking
95
Mitsubishi UFJ Trust & Banking
Japan
$28.8M -$227K -6,868 -0.7%
Aviva
96
Aviva
United Kingdom
$27.6M -$1.99M -60,294 -6%
SAM
97
Storebrand Asset Management
Norway
$26.9M +$2.31M +70,069 +9%
Prudential Financial
98
Prudential Financial
New Jersey
$26.5M +$2.35M +71,224 +9%
TD Asset Management
99
TD Asset Management
Ontario, Canada
$26.5M +$3.67M +111,111 +15%
IUHSA
100
Itau Unibanco Holding S.A.
Brazil
$25.9M +$27.1M +821,186 +361,756%

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.