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Keurig Dr Pepper

591 hedge funds and large institutions have $20.1B invested in Keurig Dr Pepper in 2018 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 115 increasing their positions, 277 reducing their positions, and 119 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 721 (+14)

24% more capital invested

Capital invested by funds: $16.2B → $20.1B (+$3.93B)

2.2% more ownership

Funds ownership: 92.57%94.77% (+2.2%)

8% more call options, than puts

Call options by funds: $258M | Put options by funds: $239M

5% less funds holding

Funds holding: 622591 (-31)

19% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 119

58% less repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 277

Holders
591
Holders Change
-31
Holders Change %
-4.98%
% of All Funds
13.55%
Holding in Top 10
21
Holding in Top 10 Change
+14
Holding in Top 10 Change %
+200%
% of All Funds
0.48%
New
96
Increased
115
Reduced
277
Closed
119
Calls
$258M
Puts
$239M
Net Calls
+$19.8M
Net Calls Change
-$45.7M
Name Holding Trade Value Shares
Change
Change in
Stake
OPERF
176
Oregon Public Employees Retirement Fund
Oregon
$5.03M +$15.4K +139 +0.3%
CM
177
Corvex Management
New York
$4.95M +$4.64M +41,832 New
Group One Trading
178
Group One Trading
Illinois
$4.78M +$4.48M +40,411 New
TCSAM
179
Tyrus Capital S.A.M.
Monaco
$4.74M +$4.43M +40,000 New
Teacher Retirement System of Texas
180
Teacher Retirement System of Texas
Texas
$4.73M -$1.1M -9,889 -20%
PCM
181
Palisade Capital Management
New Jersey
$4.7M
Nisa Investment Advisors
182
Nisa Investment Advisors
Missouri
$4.69M -$687K -6,200 -13%
Comerica Bank
183
Comerica Bank
Texas
$4.66M -$2.21M -19,942 -34%
US Bancorp
184
US Bancorp
Minnesota
$4.53M -$11.3K -102 -0.3%
XK
185
Xact Kapitalforvaltning
Sweden
$4.5M -$1.88M -16,937 -31%
BPM
186
Bowling Portfolio Management
Ohio
$4.45M -$117K -1,052 -3%
ZIG
187
Zurich Insurance Group
Switzerland
$4.34M -$658K -5,936 -14%
MLICM
188
Metropolitan Life Insurance Company (MetLife)
New York
$4.26M -$9.42K -85 -0.2%
UR
189
USCA RIA
Texas
$4.08M -$1.87M -16,886 -33%
AIM
190
Achmea Investment Management
Netherlands
$4.08M -$1.42M -12,780 -27%
HIMCH
191
Hartford Investment Management Co (HIMCO)
Connecticut
$4.04M -$5.32M -47,992 -58%
Zurich Cantonal Bank
192
Zurich Cantonal Bank
Switzerland
$3.99M -$180K -1,620 -5%
URS
193
Utah Retirement Systems
Utah
$3.95M -$33.3K -300 -0.9%
PDN
194
Pensionfund DSM Netherlands
Netherlands
$3.88M -$77.6K -700 -2%
NMIMC
195
Northwestern Mutual Investment Management Company
Wisconsin
$3.87M -$894K -8,062 -20%
GCIA
196
Gabelli & Co Investment Advisers
New York
$3.84M +$3.59M +32,400 New
Public Employees Retirement Association of Colorado
197
Public Employees Retirement Association of Colorado
Colorado
$3.83M -$162K -1,465 -4%
PA
198
Pinnacle Associates
New York
$3.79M -$35.8K -323 -1%
Hudson Bay Capital Management
199
Hudson Bay Capital Management
Connecticut
$3.78M +$3.54M +31,937 New
NIPH
200
NN Investment Partners Holdings
Netherlands
$3.77M +$3.36M +30,347 +2,035%

KDP Hedge Fund Activity: Q1 2018 in Review

591 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q1 2018, worth a combined $20.1B — up 24% from $16.2B a quarter earlier.

Sellers outnumbered buyers: 119 funds closed out of KDP and 96 opened new positions — a net loss of 23 holders — while 277 trimmed existing stakes and 115 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $1.02B. The largest seller was Fundsmith LLP, exiting entirely with an estimated $849M sold.

  • 591 institutional investors held Keurig Dr Pepper (KDP) as of Q1 2018, down from 622 in Q4 2017.
  • Funds reported $20.1B of Keurig Dr Pepper stock for Q1 2018, up 24% quarter-over-quarter.
  • 96 funds opened new Keurig Dr Pepper positions in Q1 2018 and 119 closed out, a net change of -23 holders.
  • The largest Keurig Dr Pepper buyer in Q1 2018 was T. Rowe Price Associates, an estimated $1.02B added.
  • The largest Keurig Dr Pepper seller in Q1 2018 was Fundsmith LLP, an estimated $849M sold.

Based on aggregated 13F filings for Q1 2018.