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Keurig Dr Pepper

728 hedge funds and large institutions have $32.2B invested in Keurig Dr Pepper in 2024 Q2 according to their latest regulatory filings, with 107 funds opening new positions, 319 increasing their positions, 232 reducing their positions, and 90 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more call options, than puts

Call options by funds: $179M | Put options by funds: $119M

38% more repeat investments, than reductions

Existing positions increased: 319 | Existing positions reduced: 232

19% more first-time investments, than exits

New positions opened: 107 | Existing positions closed: 90

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

11% more capital invested

Capital invested by funds: $29B → $32.2B (+$3.25B)

3.12% more ownership

Funds ownership: 67.99%71.1% (+3.1%)

1% more funds holding

Funds holding: 724728 (+4)

Holders
728
Holders Change
+4
Holders Change %
+0.55%
% of All Funds
10.51%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.1%
New
107
Increased
319
Reduced
232
Closed
90
Calls
$179M
Puts
$119M
Net Calls
+$60.6M
Net Calls Change
+$60.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$3.7B +$233M +7,024,849 +7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.18B +$147M +4,436,425 +5%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$3.11B +$400M +12,067,274 +15%
BlackRock
4
BlackRock
New York
$3B +$75.8M +2,285,147 +3%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$1.84B +$249M +7,493,438 +16%
State Street
6
State Street
Massachusetts
$1.53B +$54M +1,627,851 +4%
Capital International Investors
7
Capital International Investors
California
$1.53B +$54.1M +1,630,944 +4%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$968M +$177M +5,332,914 +23%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$731M +$17.7M +532,287 +2%
Invesco
10
Invesco
Georgia
$563M -$63.6M -1,916,581 -10%
Allspring Global Investments
11
Allspring Global Investments
North Carolina
$487M -$12M -360,299 -2%
JP Morgan Chase
12
JP Morgan Chase
New York
$461M -$27.2M -820,839 -6%
Barrow, Hanley, Mewhinney & Strauss
13
Barrow, Hanley, Mewhinney & Strauss
Texas
$446M +$10.5M +317,837 +2%
Morgan Stanley
14
Morgan Stanley
New York
$427M +$41.8M +1,260,393 +11%
Northern Trust
15
Northern Trust
Illinois
$380M +$7M +210,878 +2%
Bank of America
16
Bank of America
North Carolina
$379M -$58M -1,746,893 -13%
Neuberger Berman Group
17
Neuberger Berman Group
New York
$304M -$23.7M -713,991 -7%
UBS AM
18
UBS AM
Illinois
$285M +$88.1M +2,654,946 +45%
Arrowstreet Capital
19
Arrowstreet Capital
Massachusetts
$266M -$13.9M -419,657 -5%
Legal & General Group
20
Legal & General Group
United Kingdom
$255M +$1.83M +55,276 +0.7%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$238M +$5.67M +171,036 +2%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$213M +$62.3M +1,878,597 +42%
Goldman Sachs
23
Goldman Sachs
New York
$205M +$50.8M +1,531,051 +33%
Charles Schwab
24
Charles Schwab
California
$196M +$5.7M +171,709 +3%
Millennium Management
25
Millennium Management
New York
$178M +$23.5M +708,456 +15%

KDP Hedge Fund Activity: Q2 2024 in Review

728 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q2 2024, worth a combined $32.2B — up 11% from $29B a quarter earlier.

Buyers outnumbered sellers: 107 funds opened new KDP positions and 90 closed out — a net gain of 17 holders — while 319 added to existing stakes and 232 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $400M. The largest seller was Holocene Advisors, exiting entirely with an estimated $203M sold.

  • 728 institutional investors held Keurig Dr Pepper (KDP) as of Q2 2024, up from 724 in Q1 2024.
  • Funds reported $32.2B of Keurig Dr Pepper stock for Q2 2024, up 11% quarter-over-quarter.
  • 107 funds opened new Keurig Dr Pepper positions in Q2 2024 and 90 closed out, a net change of +17 holders.
  • The largest Keurig Dr Pepper buyer in Q2 2024 was Fidelity Investments, an estimated $400M added.
  • The largest Keurig Dr Pepper seller in Q2 2024 was Holocene Advisors, an estimated $203M sold.

Based on aggregated 13F filings for Q2 2024.