Keurig Dr Pepper
476 hedge funds and large institutions have $19.2B invested in Keurig Dr Pepper in 2020 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 216 increasing their positions, 102 reducing their positions, and 61 closing their positions.
112% more repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 102
46% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 61
31% more capital invested
Capital invested by funds: $14.7B → $19.2B (+$4.54B)
6% more funds holding
Funds holding: 451 → 476 (+25)
4.4% more ownership
Funds ownership: 38.28% → 42.68% (+4.4%)
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
24% less call options, than puts
Call options by funds: $24.8M | Put options by funds: $32.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$535M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$242M |
| 3 |
BlackRock
New York
|
+$205M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$172M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$161M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$173M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$78.5M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$75.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$75.4M |
| 5 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$57.3M |
KDP Hedge Fund Activity: Q4 2020 in Review
476 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q4 2020, worth a combined $19.2B — up 31% from $14.7B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new KDP positions and 61 closed out — a net gain of 28 holders — while 216 added to existing stakes and 102 trimmed.
The largest buyer was Harris Associates, adding an estimated $535M. The largest seller was Millennium Management, cutting an estimated $173M.
- 476 institutional investors held Keurig Dr Pepper (KDP) as of Q4 2020, up from 451 in Q3 2020.
- Funds reported $19.2B of Keurig Dr Pepper stock for Q4 2020, up 31% quarter-over-quarter.
- 89 funds opened new Keurig Dr Pepper positions in Q4 2020 and 61 closed out, a net change of +28 holders.
- The largest Keurig Dr Pepper buyer in Q4 2020 was Harris Associates, an estimated $535M added.
- The largest Keurig Dr Pepper seller in Q4 2020 was Millennium Management, an estimated $173M sold.
Based on aggregated 13F filings for Q4 2020.