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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
CIM
151
Confluence Investment Management
Missouri
$11.6M -$115K -3,500 -0.9%
Axa
152
Axa
France
$11.1M +$507K +15,364 +5%
Tudor Investment Corp
153
Tudor Investment Corp
Connecticut
$10.6M -$405K -12,283 -4%
Teacher Retirement System of Texas
154
Teacher Retirement System of Texas
Texas
$10.5M +$1.7M +51,560 +18%
APF
155
Alaska Permanent Fund
Alaska
$10.5M -$125K -3,780 -1%
CIBC Asset Management
156
CIBC Asset Management
Ontario, Canada
$10.5M +$1.84M +55,813 +20%
Rafferty Asset Management
157
Rafferty Asset Management
New York
$10.4M +$1.65M +49,867 +18%
TIAA Trust, National Association
158
TIAA Trust, National Association
North Carolina
$10.2M +$10.6M +322,751 New
State of Tennessee, Department of Treasury
159
State of Tennessee, Department of Treasury
Tennessee
$10.1M +$6.14M +185,950 +139%
GAM
160
Gotham Asset Management
New York
$10M -$1.89M -57,425 -15%
SLAM
161
Swiss Life Asset Management
$10M +$1.74M +52,621 +20%
Hudson Bay Capital Management
162
Hudson Bay Capital Management
Connecticut
$9.88M +$2.99M +90,687 +41%
PAM
163
Panagora Asset Management
Massachusetts
$9.54M +$436K +13,212 +5%
CIP
164
Chartwell Investment Partners
Pennsylvania
$9.35M +$3.15M +95,553 +48%
LBA
165
Lowell Blake & Associates
Massachusetts
$9.35M -$343K -10,388 -3%
Nomura Asset Management
166
Nomura Asset Management
Japan
$8.75M +$71.3K +2,162 +0.8%
Los Angeles Capital Management
167
Los Angeles Capital Management
California
$8.74M -$2.03M -61,422 -18%
SOMRS
168
State of Michigan Retirement System
Michigan
$8.71M +$1.46M +44,200 +19%
EC
169
Eminence Capital
New York
$8.32M -$27.1M -820,716 -76%
IMPI
170
Ilmarinen Mutual Pension Insurance
Finland
$8.27M +$1.98M +60,000 +30%
QP
171
Quilter Plc
United Kingdom
$8.18M +$18.6K +565 +7%
ASRS
172
Arizona State Retirement System
Arizona
$8.15M -$100K -3,044 -1%
SOADOR
173
State of Alaska Department of Revenue
Alaska
$8.13M +$525K +15,915 +7%
AB
174
Amalgamated Bank
New York
$7.93M +$849K +25,738 +11%
KBC Group
175
KBC Group
Belgium
$7.87M -$917K -27,786 -10%

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.