Keurig Dr Pepper
689 hedge funds and large institutions have $27.8B invested in Keurig Dr Pepper in 2023 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 267 increasing their positions, 246 reducing their positions, and 84 closing their positions.
2.16% more ownership
Funds ownership: 53.69% → 55.85% (+2.2%)
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 (+$738M)
1% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 84
2% less funds holding
Funds holding: 704 → 689 (-15)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
41% less call options, than puts
Call options by funds: $84M | Put options by funds: $142M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$340M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$237M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$223M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$192M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$688M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$178M |
| 3 |
Millennium Management
New York
|
-$108M |
| 4 |
Harris Associates
Chicago,
Illinois
|
-$95.8M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
-$95.1M |
KDP Hedge Fund Activity: Q1 2023 in Review
689 of the 6,283 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 83 opened new positions — a net loss of 1 holder — 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.
- 689 institutional investors held Keurig Dr Pepper (KDP) as of Q1 2023, down from 704 in Q4 2022.
- Funds reported $27.8B of Keurig Dr Pepper stock for Q1 2023, up 2.7% quarter-over-quarter.
- 83 funds opened new Keurig Dr Pepper positions in Q1 2023 and 84 closed out, a net change of -1 holder.
- 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.