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Keurig Dr Pepper

660 hedge funds and large institutions have $25.4B invested in Keurig Dr Pepper in 2023 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 262 increasing their positions, 251 reducing their positions, and 94 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.97% more ownership

Funds ownership: 55.85%57.82% (+2%)

4% more repeat investments, than reductions

Existing positions increased: 262 | Existing positions reduced: 251

4% less funds holding

Funds holding: 688660 (-28)

8% less capital invested

Capital invested by funds: $27.8B → $25.4B (-$2.36B)

27% less first-time investments, than exits

New positions opened: 69 | Existing positions closed: 94

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

69% less call options, than puts

Call options by funds: $79.3M | Put options by funds: $252M

Holders
660
Holders Change
-28
Holders Change %
-4.07%
% of All Funds
10.36%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.08%
New
69
Increased
262
Reduced
251
Closed
94
Calls
$79.3M
Puts
$252M
Net Calls
-$172M
Net Calls Change
-$114M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$2.52B +$1.31B +39,779,422 +97%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.4B +$201M +6,128,233 +9%
BlackRock
3
BlackRock
New York
$2.22B +$61.5M +1,872,606 +3%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$1.68B +$117M +3,560,189 +7%
Capital International Investors
5
Capital International Investors
California
$1.61B +$275K +8,378 +0%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$1.3B +$55M +1,677,026 +4%
State Street
7
State Street
Massachusetts
$1.18B +$69.1M +2,104,943 +6%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$518M +$11.2M +339,796 +2%
Boston Partners
9
Boston Partners
Massachusetts
$494M -$203M -6,183,465 -28%
T. Rowe Price Investment Management
10
T. Rowe Price Investment Management
Maryland
$487M +$220M +6,690,361 +75%
JP Morgan Chase
11
JP Morgan Chase
New York
$463M +$61.4M +1,869,559 +14%
Invesco
12
Invesco
Georgia
$457M +$178M +5,428,601 +59%
Neuberger Berman Group
13
Neuberger Berman Group
New York
$434M +$57.6M +1,754,098 +14%
Allspring Global Investments
14
Allspring Global Investments
North Carolina
$386M +$52.5M +1,598,832 +15%
T. Rowe Price Associates
15
T. Rowe Price Associates
Maryland
$369M -$336M -10,243,294 -46%
Norges Bank
16
Norges Bank
Norway
$342M +$59.1M +1,801,431 +20%
Northern Trust
17
Northern Trust
Illinois
$336M +$9.42M +286,924 +3%
Bank of America
18
Bank of America
North Carolina
$292M -$49.5M -1,507,253 -14%
PI
19
Putnam Investments
Massachusetts
$281M +$6.38M +194,417 +2%
Renaissance Technologies
20
Renaissance Technologies
New York
$244M -$17.7M -539,900 -6%
Legal & General Group
21
Legal & General Group
United Kingdom
$218M +$18.3M +557,923 +9%
Morgan Stanley
22
Morgan Stanley
New York
$217M +$37M +1,125,741 +19%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$208M -$352K -10,724 -0.2%
UBS AM
24
UBS AM
Illinois
$194M
Citadel Advisors
25
Citadel Advisors
Florida
$188M -$24.3M -741,575 -11%

KDP Hedge Fund Activity: Q2 2023 in Review

660 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q2 2023, worth a combined $25.4B — down 8.5% from $27.8B a quarter earlier.

Sellers outnumbered buyers: 94 funds closed out of KDP and 69 opened new positions — a net loss of 25 holders — while 251 trimmed existing stakes and 262 added.

The largest buyer was Capital World Investors, adding an estimated $1.31B. The largest seller was Capital Research Global Investors, cutting an estimated $859M.

  • 660 institutional investors held Keurig Dr Pepper (KDP) as of Q2 2023, down from 688 in Q1 2023.
  • Funds reported $25.4B of Keurig Dr Pepper stock for Q2 2023, down 8.5% quarter-over-quarter.
  • 69 funds opened new Keurig Dr Pepper positions in Q2 2023 and 94 closed out, a net change of -25 holders.
  • The largest Keurig Dr Pepper buyer in Q2 2023 was Capital World Investors, an estimated $1.31B added.
  • The largest Keurig Dr Pepper seller in Q2 2023 was Capital Research Global Investors, an estimated $859M sold.

Based on aggregated 13F filings for Q2 2023.