Who owns Keurig Dr Pepper (KDP)
Which tracked institutional funds hold KDP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See KDP company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
340 tracked funds added or opened KDP while 120 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
KDP’s largest tracked holder by dollar value, FMR LLC, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in KDP divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 799 tracked filers holding KDP, 441 increased or opened the position and 413 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in KDP between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 33
- Ilex Capital Partners (UK) LLP$163M
- Freestone Grove Partners LP$123M
- PFA Pension, Forsikringsaktieselskab$45M
- Susquehanna Portfolio Strategies, LLC$41M
- WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC$38M
- Night Squared LP$30M
Full exits 67
- T. Rowe Price Investment Management, Inc.$982M
- Amundi$149M
- Thrivent Financial for Lutherans$111M
- NATIXIS ADVISORS, LLC$39M
- SG Americas Securities, LLC$39M
- CANADA LIFE ASSURANCE Co$27M
Largest adds
- BlackRock, Inc.$1.9B
- FMR LLC$1.8B
- Capital World Investors$1.3B
- Invesco Ltd.$741M
- HARRIS ASSOCIATES L P$588M
- VANGUARD CAPITAL MANAGEMENT LLC$570M
Largest trims
- MORGAN STANLEY$139M
- AQR CAPITAL MANAGEMENT LLC$80M
- Retirement Systems of Alabama$53M
- CANADA PENSION PLAN INVESTMENT BOARD$39M
- California Public Employees Retirement System$23M
- NATIONAL BANK OF CANADA /FI/$18M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| FMR LLC added | 172,397,835 | $5.6B | 13.1% | 2026-Q2 |
| BlackRock, Inc. added | 143,527,185 | $4.7B | 10.9% | 2026-Q2 |
| Capital World Investors added | 118,725,548 | $3.9B | 9.0% | 2026-Q2 |
| HARRIS ASSOCIATES L P trimmed | 92,854,297 | $3.0B | 7.0% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 86,576,404 | $2.8B | 6.6% | 2026-Q2 |
| STATE STREET CORP trimmed | 64,129,461 | $2.1B | 4.9% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 62,850,530 | $2.1B | 4.8% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 55,939,797 | $1.8B | 4.2% | 2026-Q2 |
| Invesco Ltd. added | 45,567,265 | $1.5B | 3.5% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 38,550,174 | $1.3B | 2.9% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 31,358,284 | $1.1B | 2.4% | 2026-Q2 |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC added | 23,437,371 | $767M | 1.8% | 2026-Q2 |
| Capital International Investors added | 22,732,737 | $744M | 1.7% | 2026-Q2 |
| MORGAN STANLEY trimmed | 17,161,687 | $562M | 1.3% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 16,698,761 | $547M | 1.3% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 16,662,968 | $545M | 1.3% | 2026-Q2 |
| NORGES BANK added | 16,043,089 | $525M | 1.2% | 2026-Q2 |
| Point72 Asset Management, L.P. added | 13,948,539 | $457M | 1.1% | 2026-Q2 |
| UBS Group AG added | 13,000,825 | $426M | 1.0% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC trimmed | 12,870,084 | $429M | 1.0% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 11,919,537 | $390M | 0.9% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 11,368,013 | $372M | 0.9% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 9,562,681 | $313M | 0.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 9,461,310 | $310M | 0.7% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 9,301,611 | $304M | 0.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 8,600,762 | $282M | 0.7% | 2026-Q2 |
| Legal & General Group Plc trimmed | 8,228,986 | $269M | 0.6% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 7,580,343 | $248M | 0.6% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 7,411,823 | $243M | 0.6% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 7,068,277 | $231M | 0.5% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 5,549,050 | $182M | 0.4% | 2026-Q2 |
| CITIGROUP INC added | 5,165,388 | $169M | 0.4% | 2026-Q2 |
| Ilex Capital Partners (UK) LLP added | 4,970,216 | $163M | 0.4% | 2026-Q2 |
| MARSHALL WACE, LLP added | 4,438,587 | $145M | 0.3% | 2026-Q2 |
| Nuveen, LLC trimmed | 4,233,030 | $139M | 0.3% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 4,104,812 | $134M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 4,087,653 | $134M | 0.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 3,776,479 | $124M | 0.3% | 2026-Q2 |
| Freestone Grove Partners LP new | 3,746,929 | $123M | 0.3% | 2026-Q2 |
| Swiss National Bank trimmed | 3,640,371 | $119M | 0.3% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 3,405,911 | $111M | 0.3% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 3,339,904 | $109M | 0.3% | 2026-Q2 |
| BARCLAYS PLC trimmed | 3,325,713 | $109M | 0.3% | 2026-Q2 |
| Pathstone Holdings, LLC added | 3,285,892 | $108M | 0.2% | 2026-Q2 |
| Contrarius Group Holdings Ltd added | 3,262,484 | $107M | 0.2% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 3,252,088 | $107M | 0.2% | 2026-Q2 |
| Munich Reinsurance Co Stock Corp in Munich trimmed | 3,105,865 | $102M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 3,047,885 | $100M | 0.2% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. added | 2,982,906 | $98M | 0.2% | 2026-Q2 |
| ADAGE CAPITAL PARTNERS GP, L.L.C. added | 2,972,600 | $97M | 0.2% | 2026-Q2 |
| Clearbridge Investments, LLC added | 2,957,475 | $97M | 0.2% | 2026-Q2 |
| Boston Partners added | 2,948,620 | $96M | 0.2% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 2,945,752 | $96M | 0.2% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 2,936,705 | $96M | 0.2% | 2026-Q2 |
| TORONTO DOMINION BANK added | 2,791,045 | $91M | 0.2% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 2,766,244 | $91M | 0.2% | 2026-Q2 |
| National Pension Service added | 2,649,801 | $87M | 0.2% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 2,612,083 | $85M | 0.2% | 2026-Q2 |
| Bank Julius Baer & Co. Ltd, Zurich trimmed | 2,594,560 | $85M | 0.2% | 2026-Q2 |
| TCW GROUP INC added | 2,574,137 | $84M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 2,427,068 | $79M | 0.2% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 2,079,099 | $68M | 0.2% | 2026-Q2 |
| ANTIPODES PARTNERS Ltd trimmed | 2,027,028 | $66M | 0.2% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 2,004,768 | $66M | 0.2% | 2026-Q2 |
| River Road Asset Management, LLC trimmed | 1,993,520 | $65M | 0.2% | 2026-Q2 |
| Aberdeen Group plc trimmed | 1,906,829 | $62M | 0.1% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 1,892,435 | $62M | 0.1% | 2026-Q2 |
| Capital International, Inc./CA/ added | 1,884,398 | $62M | 0.1% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 1,862,562 | $61M | 0.1% | 2026-Q2 |
| Perpetual Ltd added | 1,797,137 | $59M | 0.1% | 2026-Q2 |
| Cullen Capital Management, LLC trimmed | 1,700,621 | $56M | 0.1% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 1,675,080 | $55M | 0.1% | 2026-Q2 |
| TD Asset Management Inc trimmed | 1,656,269 | $54M | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,614,671 | $53M | 0.1% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 1,557,062 | $51M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 1,535,651 | $40M | 0.1% | 2026-Q2 |
| PRIVATE MANAGEMENT GROUP INC trimmed | 1,527,134 | $50M | 0.1% | 2026-Q2 |
| ProShare Advisors LLC trimmed | 1,473,891 | $48M | 0.1% | 2026-Q2 |
| ANCHOR CAPITAL ADVISORS LLC trimmed | 1,467,633 | $48M | 0.1% | 2026-Q2 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 1,389,354 | $45M | 0.1% | 2026-Q2 |
| Public Sector Pension Investment Board added | 1,378,136 | $45M | 0.1% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 1,377,206 | $45M | 0.1% | 2026-Q2 |
| MANGROVE PARTNERS IM, LLC | 1,364,682 | $45M | 0.1% | 2026-Q2 |
| PFA Pension, Forsikringsaktieselskab new | 1,359,995 | $45M | 0.1% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 1,352,175 | $44M | 0.1% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 1,338,080 | $45M | 0.1% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 1,315,582 | $43M | 0.1% | 2026-Q2 |
| RWC Asset Management LLP added | 1,249,198 | $41M | 0.1% | 2026-Q2 |
| Susquehanna Portfolio Strategies, LLC new | 1,248,021 | $41M | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 1,223,453 | $40M | 0.1% | 2026-Q2 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 1,188,684 | $39M | 0.1% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,163,980 | $38M | 0.1% | 2026-Q2 |
| WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC new | 1,149,371 | $38M | 0.1% | 2026-Q2 |
| AVIVA PLC added | 1,130,084 | $37M | 0.1% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 1,113,469 | $36M | 0.1% | 2026-Q2 |
| Swedbank AB added | 1,103,872 | $36M | 0.1% | 2026-Q2 |
| LONE PEAK GLOBAL INVESTORS LLC added | 1,098,204 | $36M | 0.1% | 2026-Q2 |
| STOREBRAND ASSET MANAGEMENT AS trimmed | 1,086,969 | $36M | 0.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 1,069,469 | $35M | 0.1% | 2026-Q2 |
| NEOS Investment Management LLC added | 1,037,965 | $34M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.