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Keurig Dr Pepper

688 hedge funds and large institutions have $27.8B invested in Keurig Dr Pepper in 2023 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 267 increasing their positions, 246 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.83% more ownership

Funds ownership: 54.02%55.85% (+1.8%)

9% more repeat investments, than reductions

Existing positions increased: 267 | Existing positions reduced: 246

3% more capital invested

Capital invested by funds: $27B → $27.8B (+$739M)

2% less first-time investments, than exits

New positions opened: 82 | Existing positions closed: 84

2% less funds holding

Funds holding: 703688 (-15)

20% less funds holding in top 10

Funds holding in top 10: 108 (-2)

41% less call options, than puts

Call options by funds: $84M | Put options by funds: $142M

Holders
688
Holders Change
-15
Holders Change %
-2.13%
% of All Funds
10.96%
Holding in Top 10
8
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-20%
% of All Funds
0.13%
New
82
Increased
267
Reduced
246
Closed
84
Calls
$84M
Puts
$142M
Net Calls
-$58.4M
Net Calls Change
-$107M
Name Holding Trade Value Shares
Change
Change in
Stake
Baird Financial Group
201
Baird Financial Group
Wisconsin
$6.05M +$257K +7,308 +4%
Janus Henderson Group
202
Janus Henderson Group
United Kingdom
$5.99M -$3.48M -98,910 -37%
NEI
203
Northwest & Ethical Investments
Ontario, Canada
$5.8M
Fifth Third Bancorp
204
Fifth Third Bancorp
Ohio
$5.74M -$384K -10,942 -6%
URS
205
Utah Retirement Systems
Utah
$5.38M +$21.1K +600 +0.4%
EI
206
Ethic Inc
New York
$5.33M +$1.2M +34,286 +29%
DnB Asset Management
207
DnB Asset Management
Norway
$5.3M -$3.44M -97,840 -39%
Vontobel Holding
208
Vontobel Holding
Switzerland
$5.26M -$32.8K -932 -0.6%
M&T Bank
209
M&T Bank
New York
$5.21M +$88K +2,505 +2%
FAF
210
Första AP-fonden
Sweden
$5.16M -$1.04M -29,700 -17%
JMPWA
211
JP Morgan Private Wealth Advisors
California
$5.14M +$2.11M +60,050 +70%
COPPSERS
212
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$5.08M +$14.7K +417 +0.3%
KeyBank National Association
213
KeyBank National Association
Ohio
$4.92M -$438K -12,471 -8%
AAF
214
Andra AP-fonden
Sweden
$4.84M +$253K +7,200 +6%
GU
215
Georgetown University
District of Columbia
$4.78M +$52.1K +1,482 +1%
State of Tennessee, Department of Treasury
216
State of Tennessee, Department of Treasury
Tennessee
$4.72M +$154K +4,394 +3%
BL
217
BFSG LLC
California
$4.66M +$2.34M +66,512 +101%
Public Employees Retirement Association of Colorado
218
Public Employees Retirement Association of Colorado
Colorado
$4.64M -$131K -3,727 -3%
Pacer Advisors
219
Pacer Advisors
Pennsylvania
$4.64M -$8.15M -231,797 -64%
FA
220
FDx Advisors
Illinois
$4.6M
MAM
221
Madison Asset Management
Wisconsin
$4.59M +$4.57M +130,000 New
Acadian Asset Management
222
Acadian Asset Management
Massachusetts
$4.54M -$1.79M -50,994 -28%
GF
223
Gabelli Funds
New York
$4.43M -$211K -6,000 -5%
LSERS
224
Louisiana State Employees Retirement System
Louisiana
$4.42M -$3.51K -100 -0.1%
V
225
Veritable
Delaware
$4.4M +$179K +5,090 +4%

KDP Hedge Fund Activity: Q1 2023 in Review

688 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q1 2023, worth a combined $27.8B — up 2.7% from $27B a quarter earlier.

Sellers outnumbered buyers: 84 funds closed out of KDP and 82 opened new positions — a net loss of 2 holders — while 246 trimmed existing stakes and 267 added.

The largest buyer was Wellington Management Group, adding an estimated $340M. The largest seller was Capital Research Global Investors, cutting an estimated $688M.

  • 688 institutional investors held Keurig Dr Pepper (KDP) as of Q1 2023, down from 703 in Q4 2022.
  • Funds reported $27.8B of Keurig Dr Pepper stock for Q1 2023, up 2.7% quarter-over-quarter.
  • 82 funds opened new Keurig Dr Pepper positions in Q1 2023 and 84 closed out, a net change of -2 holders.
  • The largest Keurig Dr Pepper buyer in Q1 2023 was Wellington Management Group, an estimated $340M added.
  • The largest Keurig Dr Pepper seller in Q1 2023 was Capital Research Global Investors, an estimated $688M sold.

Based on aggregated 13F filings for Q1 2023.