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Keurig Dr Pepper

365 hedge funds and large institutions have $4.65B invested in Keurig Dr Pepper in 2018 Q4 according to their latest regulatory filings, with 76 funds opening new positions, 91 increasing their positions, 131 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

242% more call options, than puts

Call options by funds: $13.7M | Put options by funds: $4.01M

31% more capital invested

Capital invested by funds: $3.55B → $4.65B (+$1.1B)

12% more first-time investments, than exits

New positions opened: 76 | Existing positions closed: 68

2% more funds holding

Funds holding: 358365 (+7)

1.87% more ownership

Funds ownership: 11.02%12.89% (+1.9%)

31% less repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 131

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
365
Holders Change
+7
Holders Change %
+1.96%
% of All Funds
8.13%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
76
Increased
91
Reduced
131
Closed
68
Calls
$13.7M
Puts
$4.01M
Net Calls
+$9.72M
Net Calls Change
-$6.53M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$948M +$849M +33,420,740 +938%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$707M +$198M +7,777,020 +39%
Vanguard Group
3
Vanguard Group
Pennsylvania
$361M -$68M -2,674,800 -16%
CRC
4
Cedar Rock Capital
United Kingdom
$279M +$10.2M +403,117 +4%
Bank of America
5
Bank of America
North Carolina
$271M +$260M +10,217,429 +2,893%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$241M -$92.8M -3,651,120 -28%
BlackRock
7
BlackRock
New York
$188M -$4.55M -179,111 -2%
JP Morgan Chase
8
JP Morgan Chase
New York
$155M +$5.26M +207,126 +4%
Capital Research Global Investors
9
Capital Research Global Investors
California
$126M +$125M +4,921,272 New
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$125M -$32.6M -1,282,936 -21%
State Street
11
State Street
Massachusetts
$67.3M +$7.01M +275,810 +12%
Victory Capital Management
12
Victory Capital Management
Texas
$58.8M -$66.8M -2,630,946 -53%
Capital International Investors
13
Capital International Investors
California
$44.6M +$7.46M +293,752 +20%
Arrowstreet Capital
14
Arrowstreet Capital
Massachusetts
$44.3M -$845K -33,269 -2%
SSA
15
Schonfeld Strategic Advisors
New York
$43M +$16M +628,711 +60%
PI
16
Putnam Investments
Massachusetts
$40.5M -$228K -8,967 -0.6%
Renaissance Technologies
17
Renaissance Technologies
New York
$38.6M -$79M -3,108,262 -67%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$38.6M +$1.97M +77,402 +5%
Norges Bank
19
Norges Bank
Norway
$36.6M
Northern Trust
20
Northern Trust
Illinois
$35.9M -$13.1M -517,390 -27%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$27.4M +$10.7M +421,136 +65%
Goldman Sachs
22
Goldman Sachs
New York
$27.4M -$3.37M -132,655 -11%
Allianz Asset Management
23
Allianz Asset Management
Germany
$27.2M +$17.3M +681,242 +180%
Morgan Stanley
24
Morgan Stanley
New York
$26.1M +$2.44M +96,206 +10%
Prudential Financial
25
Prudential Financial
New Jersey
$26M +$25.5M +1,004,432 +10,290%

KDP Hedge Fund Activity: Q4 2018 in Review

365 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q4 2018, worth a combined $4.65B — up 31% from $3.55B a quarter earlier.

Buyers outnumbered sellers: 76 funds opened new KDP positions and 68 closed out — a net gain of 8 holders — while 91 added to existing stakes and 131 trimmed.

The largest buyer was Capital World Investors, adding an estimated $849M. The largest seller was T. Rowe Price Associates, cutting an estimated $92.8M.

  • 365 institutional investors held Keurig Dr Pepper (KDP) as of Q4 2018, up from 358 in Q3 2018.
  • Funds reported $4.65B of Keurig Dr Pepper stock for Q4 2018, up 31% quarter-over-quarter.
  • 76 funds opened new Keurig Dr Pepper positions in Q4 2018 and 68 closed out, a net change of +8 holders.
  • The largest Keurig Dr Pepper buyer in Q4 2018 was Capital World Investors, an estimated $849M added.
  • The largest Keurig Dr Pepper seller in Q4 2018 was T. Rowe Price Associates, an estimated $92.8M sold.

Based on aggregated 13F filings for Q4 2018.