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Keurig Dr Pepper

560 hedge funds and large institutions have $12.2B invested in Keurig Dr Pepper in 2015 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 212 increasing their positions, 219 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more call options, than puts

Call options by funds: $8.25M | Put options by funds: $6.61M

2% less first-time investments, than exits

New positions opened: 48 | Existing positions closed: 49

3% less repeat investments, than reductions

Existing positions increased: 212 | Existing positions reduced: 219

2% less funds holding

Funds holding: 569560 (-9)

2.95% less ownership

Funds ownership: 90.69%87.74% (-3%)

10% less capital invested

Capital invested by funds: $13.6B → $12.2B (-$1.37B)

40% less funds holding in top 10

Funds holding in top 10: 106 (-4)

Holders
560
Holders Change
-9
Holders Change %
-1.58%
% of All Funds
15.09%
Holding in Top 10
6
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-40%
% of All Funds
0.16%
New
48
Increased
212
Reduced
219
Closed
49
Calls
$8.25M
Puts
$6.61M
Net Calls
+$1.65M
Net Calls Change
-$3.08M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.22B +$17.3M +226,179 +1%
CRC
2
Cedar Rock Capital
United Kingdom
$886M +$4.82M +63,232 +0.5%
JP Morgan Chase
3
JP Morgan Chase
New York
$707M +$34.2M +448,659 +5%
BIT
4
BlackRock Institutional Trust
California
$441M -$19.1M -250,039 -4%
Fundsmith LLP
5
Fundsmith LLP
United Kingdom
$256M
JHIU
6
Janus Henderson Investors US
Colorado
$248M +$36.7M +480,498 +16%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$237M -$13.2M -173,350 -5%
BFA
8
BlackRock Fund Advisors
California
$232M +$5.59M +73,211 +2%
AllianceBernstein
9
AllianceBernstein
Tennessee
$224M -$588K -7,712 -0.3%
Northern Trust
10
Northern Trust
Illinois
$212M +$24.5M +320,800 +12%
Ameriprise
11
Ameriprise
Minnesota
$212M +$21.8M +286,050 +11%
AQR Capital Management
12
AQR Capital Management
Connecticut
$205M +$45.1M +591,021 +27%
LT
13
Lindsell Train
United Kingdom
$199M +$11.8M +154,000 +6%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$197M -$11.7M -152,979 -5%
Schroder Investment Management Group
15
Schroder Investment Management Group
United Kingdom
$171M +$56.9M +746,293 +47%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$168M +$5.72M +74,915 +3%
Bank of Montreal
17
Bank of Montreal
Ontario, Canada
$165M -$27.5M -360,075 -14%
Invesco
18
Invesco
Georgia
$152M +$44M +576,635 +38%
PAM
19
Panagora Asset Management
Massachusetts
$146M +$20.6M +269,577 +16%
GI
20
GAMCO Investors
Connecticut
$139M -$6.46M -84,681 -4%
TCIM
21
TIAA CREF Investment Management
New York
$135M +$3.13M +41,061 +2%
BG
22
BlackRock Group
United Kingdom
$133M -$13.7M -179,978 -9%
Norges Bank
23
Norges Bank
Norway
$126M +$998K +13,079 +0.8%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$121M +$1.64M +21,511 +1%
AL
25
AJO LP
Pennsylvania
$117M +$3.45M +45,250 +3%

KDP Hedge Fund Activity: Q2 2015 in Review

560 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q2 2015, worth a combined $12.2B — down 10% from $13.6B a quarter earlier.

Sellers outnumbered buyers: 49 funds closed out of KDP and 48 opened new positions — a net loss of 1 holder — while 219 trimmed existing stakes and 212 added.

The largest buyer was Schroder Investment Management Group, adding an estimated $56.9M. The largest seller was State Street, exiting entirely with an estimated $683M sold.

  • 560 institutional investors held Keurig Dr Pepper (KDP) as of Q2 2015, down from 569 in Q1 2015.
  • Funds reported $12.2B of Keurig Dr Pepper stock for Q2 2015, down 10% quarter-over-quarter.
  • 48 funds opened new Keurig Dr Pepper positions in Q2 2015 and 49 closed out, a net change of -1 holder.
  • The largest Keurig Dr Pepper buyer in Q2 2015 was Schroder Investment Management Group, an estimated $56.9M added.
  • The largest Keurig Dr Pepper seller in Q2 2015 was State Street, an estimated $683M sold.

Based on aggregated 13F filings for Q2 2015.