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Keurig Dr Pepper

476 hedge funds and large institutions have $19.2B invested in Keurig Dr Pepper in 2020 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 216 increasing their positions, 102 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

112% more repeat investments, than reductions

Existing positions increased: 216 | Existing positions reduced: 102

46% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 61

31% more capital invested

Capital invested by funds: $14.7B → $19.2B (+$4.54B)

6% more funds holding

Funds holding: 451476 (+25)

4.4% more ownership

Funds ownership: 38.28%42.68% (+4.4%)

15% less funds holding in top 10

Funds holding in top 10: 1311 (-2)

24% less call options, than puts

Call options by funds: $24.8M | Put options by funds: $32.6M

Holders
476
Holders Change
+25
Holders Change %
+5.54%
% of All Funds
8.42%
Holding in Top 10
11
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-15.38%
% of All Funds
0.19%
New
89
Increased
216
Reduced
102
Closed
61
Calls
$24.8M
Puts
$32.6M
Net Calls
-$7.83M
Net Calls Change
+$4.38M
Name Holding Trade Value Shares
Change
Change in
Stake
CAM
101
ClariVest Asset Management
California
$8.7M -$1.25M -42,282 -13%
State of Wisconsin Investment Board
102
State of Wisconsin Investment Board
Wisconsin
$8.54M +$1.92M +64,780 +32%
S
103
Seeyond
France
$8.36M -$4.32M -145,858 -36%
Asset Management One
104
Asset Management One
Japan
$8.29M +$2.72M +91,719 +55%
Bank of Montreal
105
Bank of Montreal
Ontario, Canada
$8.2M +$6.93M +233,950 +852%
SEI Investments
106
SEI Investments
Pennsylvania
$7.57M +$3.98M +134,438 +132%
State of New Jersey Common Pension Fund D
107
State of New Jersey Common Pension Fund D
New Jersey
$7.56M -$391K -13,205 -5%
Zurich Cantonal Bank
108
Zurich Cantonal Bank
Switzerland
$7.49M -$281K -9,508 -4%
Treasurer of the State of North Carolina
109
Treasurer of the State of North Carolina
North Carolina
$7.45M +$199K +6,730 +3%
CCM
110
Channing Capital Management
Illinois
$6.96M +$6.44M +217,575 New
SO
111
STRS Ohio
Ohio
$6.83M +$437K +14,745 +7%
PAMU
112
Pictet Asset Management (UK)
United Kingdom
$6.72M +$2.39M +80,900 +63%
NIPH
113
NN Investment Partners Holdings
Netherlands
$6.61M +$6.11M +206,394 New
AllianceBernstein
114
AllianceBernstein
Tennessee
$6.52M +$1.09M +36,680 +22%
Nomura Asset Management
115
Nomura Asset Management
Japan
$6.43M +$2.19M +73,894 +58%
Royal Bank of Canada
116
Royal Bank of Canada
Ontario, Canada
$6.39M +$2.2M +74,238 +59%
Envestnet Asset Management
117
Envestnet Asset Management
Illinois
$6.18M +$439K +14,845 +8%
Balyasny Asset Management
118
Balyasny Asset Management
Illinois
$6.13M +$5.67M +191,481 New
FAF
119
Fjarde Ap-fonden
Sweden
$6M +$1.96M +66,200 +55%
FVWA
120
Foster Victor Wealth Advisors
South Carolina
$5.79M +$371K +12,543 +7%
Skandinaviska Enskilda Banken (SEB)
121
Skandinaviska Enskilda Banken (SEB)
Sweden
$5.58M -$5.72M -193,269 -53%
Janus Henderson Group
122
Janus Henderson Group
United Kingdom
$5.4M -$2.68M -90,678 -35%
Fifth Third Bancorp
123
Fifth Third Bancorp
Ohio
$5.32M +$235K +7,935 +5%
ASRS
124
Arizona State Retirement System
Arizona
$5.2M +$1.64M +55,429 +52%
CIBC Asset Management
125
CIBC Asset Management
Ontario, Canada
$5.19M +$3.24M +109,567 +208%

KDP Hedge Fund Activity: Q4 2020 in Review

476 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q4 2020, worth a combined $19.2B — up 31% from $14.7B a quarter earlier.

Buyers outnumbered sellers: 89 funds opened new KDP positions and 61 closed out — a net gain of 28 holders — while 216 added to existing stakes and 102 trimmed.

The largest buyer was Harris Associates, adding an estimated $535M. The largest seller was Millennium Management, cutting an estimated $173M.

  • 476 institutional investors held Keurig Dr Pepper (KDP) as of Q4 2020, up from 451 in Q3 2020.
  • Funds reported $19.2B of Keurig Dr Pepper stock for Q4 2020, up 31% quarter-over-quarter.
  • 89 funds opened new Keurig Dr Pepper positions in Q4 2020 and 61 closed out, a net change of +28 holders.
  • The largest Keurig Dr Pepper buyer in Q4 2020 was Harris Associates, an estimated $535M added.
  • The largest Keurig Dr Pepper seller in Q4 2020 was Millennium Management, an estimated $173M sold.

Based on aggregated 13F filings for Q4 2020.