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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
Pictet Asset Management
126
Pictet Asset Management
Switzerland
$16.1M +$16.8M +508,765 New
GC
127
Guggenheim Capital
Illinois
$15.9M +$665K +20,148 +4%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
128
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$15.8M +$16.5M +500,000 New
State of New Jersey Common Pension Fund D
129
State of New Jersey Common Pension Fund D
New Jersey
$15.7M
FDCDDQ
130
Federation des caisses Desjardins du Quebec
Quebec, Canada
$15.3M +$149K +4,519 +0.9%
Korea Investment Corp
131
Korea Investment Corp
South Korea
$15.2M +$102K +3,092 +0.6%
TAF
132
Tredje AP-fonden
Sweden
$15.1M +$77.7K +2,355 +0.5%
Swedbank
133
Swedbank
Sweden
$14.3M +$1.72M +52,191 +13%
BNP Paribas Asset Management
134
BNP Paribas Asset Management
France
$14.2M +$773K +23,435 +5%
MSV
135
MN Services Vermogensbeheer
Netherlands
$14.1M +$416K +12,600 +3%
SO
136
STRS Ohio
Ohio
$13.9M -$2.01M -60,821 -12%
CFM
137
Coronation Fund Managers
South Africa
$13.9M -$452K -13,703 -3%
Treasurer of the State of North Carolina
138
Treasurer of the State of North Carolina
North Carolina
$13.6M +$50.1K +1,520 +0.4%
Marshall Wace
139
Marshall Wace
United Kingdom
$13.5M -$20M -605,034 -59%
IMRF
140
Illinois Municipal Retirement Fund
Illinois
$13.3M +$1.34M +40,620 +11%
FAF
141
Fjarde Ap-fonden
Sweden
$13.1M -$1.05M -31,900 -7%
CWM
142
CIBC World Markets
New York
$12.8M +$6.24M +189,180 +87%
HIC
143
Harvey Investment Company
Kentucky
$12.8M -$1.83M -55,608 -12%
Handelsbanken Fonder
144
Handelsbanken Fonder
Sweden
$12.5M -$869K -26,351 -6%
Baird Financial Group
145
Baird Financial Group
Wisconsin
$12.4M +$1.41M +42,699 +12%
FVWA
146
Foster Victor Wealth Advisors
South Carolina
$11.9M -$2.12M -64,222 -14%
Susquehanna International Group
147
Susquehanna International Group
Pennsylvania
$11.9M -$16.4M -497,755 -57%
VI
148
Vestcor Inc
New Brunswick, Canada
$11.8M +$11.8M +356,500 +1,939%
Royal London Asset Management
149
Royal London Asset Management
United Kingdom
$11.8M +$1.49M +45,152 +14%
IG
150
ING Group
Netherlands
$11.7M +$2M +60,610 +20%

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.