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Keurig Dr Pepper

739 hedge funds and large institutions have $36.5B invested in Keurig Dr Pepper in 2024 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 348 increasing their positions, 225 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more call options, than puts

Call options by funds: $188M | Put options by funds: $104M

55% more repeat investments, than reductions

Existing positions increased: 348 | Existing positions reduced: 225

29% more funds holding in top 10

Funds holding in top 10: 79 (+2)

28% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 71

13% more capital invested

Capital invested by funds: $32.2B → $36.5B (+$4.32B)

2% more funds holding

Funds holding: 728739 (+11)

0.74% more ownership

Funds ownership: 71.1%71.84% (+0.74%)

Holders
739
Holders Change
+11
Holders Change %
+1.51%
% of All Funds
10.61%
Holding in Top 10
9
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+28.57%
% of All Funds
0.13%
New
91
Increased
348
Reduced
225
Closed
71
Calls
$188M
Puts
$104M
Net Calls
+$84.2M
Net Calls Change
+$23.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital World Investors
1
Capital World Investors
California
$4.21B +$49.9M +1,419,848 +1%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$3.83B +$320M +9,105,164 +10%
Vanguard Group
3
Vanguard Group
Pennsylvania
$3.63B +$51.1M +1,453,589 +2%
BlackRock
4
BlackRock
New York
$3.24B -$112M -3,194,290 -4%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$2.06B -$8.44M -240,009 -0.4%
State Street
6
State Street
Massachusetts
$1.91B +$175M +4,970,467 +11%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$1.51B +$394M +11,195,839 +39%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$842M +$20.8M +591,316 +3%
Capital International Investors
9
Capital International Investors
California
$698M -$958M -27,243,742 -59%
Invesco
10
Invesco
Georgia
$677M +$42.6M +1,211,302 +7%
Allspring Global Investments
11
Allspring Global Investments
North Carolina
$574M +$25.7M +730,297 +5%
JP Morgan Chase
12
JP Morgan Chase
New York
$533M +$14.3M +407,213 +3%
Morgan Stanley
13
Morgan Stanley
New York
$501M +$20.8M +591,726 +5%
Barrow, Hanley, Mewhinney & Strauss
14
Barrow, Hanley, Mewhinney & Strauss
Texas
$482M -$17.1M -486,186 -4%
Neuberger Berman Group
15
Neuberger Berman Group
New York
$457M +$109M +3,088,552 +34%
Bank of America
16
Bank of America
North Carolina
$456M +$28.7M +815,095 +7%
Northern Trust
17
Northern Trust
Illinois
$423M -$3.68M -104,712 -0.9%
Citadel Advisors
18
Citadel Advisors
Florida
$361M +$154M +4,389,137 +84%
Dimensional Fund Advisors
19
Dimensional Fund Advisors
Texas
$314M +$70.5M +2,004,661 +31%
UBS AM
20
UBS AM
Illinois
$300M -$18.5M -526,891 -6%
Arrowstreet Capital
21
Arrowstreet Capital
Massachusetts
$276M -$21.8M -620,534 -8%
Legal & General Group
22
Legal & General Group
United Kingdom
$275M -$10.4M -294,609 -4%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$261M -$5.93M -168,578 -2%
Charles Schwab
24
Charles Schwab
California
$225M +$5.28M +150,202 +3%
Millennium Management
25
Millennium Management
New York
$220M +$19.3M +549,622 +10%

KDP Hedge Fund Activity: Q3 2024 in Review

739 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Keurig Dr Pepper (KDP) for Q3 2024, worth a combined $36.5B — up 13% from $32.2B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new KDP positions and 71 closed out — a net gain of 20 holders — while 348 added to existing stakes and 225 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $394M. The largest seller was Capital International Investors, cutting an estimated $958M.

  • 739 institutional investors held Keurig Dr Pepper (KDP) as of Q3 2024, up from 728 in Q2 2024.
  • Funds reported $36.5B of Keurig Dr Pepper stock for Q3 2024, up 13% quarter-over-quarter.
  • 91 funds opened new Keurig Dr Pepper positions in Q3 2024 and 71 closed out, a net change of +20 holders.
  • The largest Keurig Dr Pepper buyer in Q3 2024 was T. Rowe Price Associates, an estimated $394M added.
  • The largest Keurig Dr Pepper seller in Q3 2024 was Capital International Investors, an estimated $958M sold.

Based on aggregated 13F filings for Q3 2024.