KEURIG DR PEPPER INC KDP
COM · Common Stock · CUSIP 49271V100 · ISIN US49271V1008
- SectorConsumer staples
- IndustryBeverages
- HeadquartersFrisco, TX
- Founded2008
- Websitedrpeppersnapplegroup.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($194.7m this quarter). Holder counts are more reliable. Shares outstanding: 1.4bn as of 2026-08-10, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $32.75. Options: 23 managers hold calls ($103.3m notional), 17 hold puts ($53.9m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 642 |
| Q4 2022 | 705 |
| Q1 2023 | 693 |
| Q2 2023 | 664 |
| Q3 2023 | 684 |
| Q4 2023 | 702 |
| Q1 2024 | 726 |
| Q2 2024 | 734 |
| Q3 2024 | 744 |
| Q4 2024 | 786 |
| Q1 2025 | 837 |
| Q2 2025 | 823 |
| Q3 2025 | 836 |
| Q4 2025 | 853 |
| Q1 2026 | 827 |
| Q2 2026 | 855 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 431 | 297 |
| Q4 2024 | 429 | 316 |
| Q1 2025 | 512 | 305 |
| Q2 2025 | 522 | 297 |
| Q3 2025 | 451 | 420 |
| Q4 2025 | 454 | 405 |
| Q1 2026 | 401 | 423 |
| Q2 2026 | 454 | 369 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $357.8m | $96.8m | 0.27 |
| Q4 2025 | $253.4m | $186.9m | 0.74 |
| Q1 2026 | $87.2m | $70.0m | 0.80 |
| Q2 2026 | $103.3m | $53.9m | 0.52 |
Biggest buyers
| FMR LLC | Added | +26.8m |
| Capital World Investors | Added | +19.7m |
| BlackRock, Inc. | Added | +18.0m |
| CITADEL ADVISORS LLC | Added | +14.9m |
| Point72 Asset Management, L.P. | Added | +13.0m |
| UBS Group AG | Added | +6.6m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +5.6m |
| Ilex Capital Partners (UK) LLP | New | +5.0m |
| Freestone Grove Partners LP | New | +3.7m |
| MILLENNIUM MANAGEMENT LLC | Added | +3.7m |
Biggest sellers
| MORGAN STANLEY | Reduced | -9.4m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -5.8m |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -3.4m |
| Retirement Systems of Alabama | Reduced | -2.1m |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -1.9m |
| JPMORGAN CHASE & CO | Reduced | -1.9m |
| California Public Employees Retirement System | Reduced | -1.3m |
| STATE STREET CORP | Reduced | -993.8k |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -826.9k |
| DEUTSCHE BANK AG\ | Reduced | -787.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $32.1m982.0k shares |
| CITADEL ADVISORS LLC | Reduced | $14.8m451.4k shares |
| JANE STREET GROUP, LLC | Added | $7.2m219.8k shares |
| LMR Partners LLP | Unchanged | $6.5m200.0k shares |
| GROUP ONE TRADING LLC | Reduced | $5.0m153.0k shares |
| FRANKLIN RESOURCES INC | New | $4.9m148.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $4.8m147.3k shares |
| Squarepoint Ops LLC | Added | $4.4m133.0k shares |
| Jefferies Financial Group Inc. | New | $3.9m120.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $3.9m118.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $18.4m560.8k shares |
| Walleye Capital LLC | Reduced | $4.3m131.5k shares |
| Point72 Asset Management, L.P. | Added | $4.3m130.8k shares |
| CITADEL ADVISORS LLC | Reduced | $4.0m122.7k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Added | $3.9m119.6k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $3.9m117.9k shares |
| Squarepoint Ops LLC | Added | $2.7m81.5k shares |
| JANE STREET GROUP, LLC | Reduced | $2.5m77.5k shares |
| Centiva Capital, LP | Unchanged | $1.6m50.0k shares |
| IMC-Chicago, LLC | Reduced | $1.6m47.9k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| FMR LLC 13G · institution +2.7 pts · filed 2026-08-06 | 12.7% |
| Capital World Investors 13G · institution +1.5 pts · filed 2026-08-12 | 8.8% |
| BlackRock, Inc. 13G · institution +1.6 pts · filed 2026-07-29 | 8.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.3% |
| HARRIS ASSOCIATES L P 13G · institution new · filed 2026-02-17 | 6.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 3 | $15.3m | — |
| Q2 2025 | 1 | $498.0k | 3 | $24.0m | — |
| Q3 2025 | 1 | $254.1k | 2 | $14.8m | $14.8m |
| Q4 2025 | 0 | — | 1 | $295.2k | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 1 | $250.2k | 2 | $1.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-09 | DeNooyer Mary Beth Chief Human Resources Officer | Sold | $387.6k12.0k shares |
| 2026-09-08 | DeNooyer Mary Beth Chief Human Resources Officer | Sold | $390.6k12.0k shares |
| 2026-09-03 | Stephens Angela A. Senior VP & Controller | Sold | $310.6k9.5k shares |
| 2026-08-25 | Alt Aaron E Director | Bought | $250.2k7.9k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| FMR LLC 0.24% of their portfolio | 172.4m $5.6bn | Added +26.8m |
| BlackRock, Inc. 0.07% of their portfolio | 143.5m $4.7bn | Added +18.0m |
| Capital World Investors 0.46% of their portfolio | 118.7m $3.9bn | Added +19.7m |
| HARRIS ASSOCIATES L P 4.04% of their portfolio | 92.9m $3.0bn | Reduced -228.0k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 86.6m $2.8bn | Added +610.7k |
| STATE STREET CORP 0.06% of their portfolio | 64.1m $2.1bn | Reduced -993.8k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.09% of their portfolio | 62.9m $2.1bn | Added +733.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.32% of their portfolio | 55.9m $1.8bn | Reduced -5.8m |
| Invesco Ltd. 0.12% of their portfolio | 45.6m $1.5bn | Added +356.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 38.6m $1.3bn | Added +5.6m |
| T. Rowe Price Investment Management, Inc. 0.81% of their portfolio | 37.8m $1.2bn | Added +503.3k |
| JPMORGAN CHASE & CO 0.06% of their portfolio | 31.4m $1.1bn | Reduced -1.9m |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 2.33% of their portfolio | 23.4m $767.1m | Added +1.6m |
| Capital International Investors 0.15% of their portfolio | 22.7m $744.0m | Added +2.7m |
| MORGAN STANLEY 0.03% of their portfolio | 17.2m $561.7m | Reduced -9.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio | 16.7m $546.6m | Added +2.6m |
| CITADEL ADVISORS LLC 0.31% of their portfolio | 16.7m $545.4m | Added +14.9m |
| NORGES BANK 0.05% of their portfolio | 16.0m $525.1m | Not comparable |
| Point72 Asset Management, L.P. 0.70% of their portfolio | 13.9m $456.5m | Added +13.0m |
| UBS Group AG 0.07% of their portfolio | 13.0m $425.5m | Added +6.6m |
| Allspring Global Investments Holdings, LLC 0.66% of their portfolio | 12.9m $429.5m | Reduced -304.7k |
| NORTHERN TRUST CORP 0.05% of their portfolio | 11.9m $390.1m | Reduced -247.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 11.4m $372.1m | Reduced -116.1k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 9.6m $313.1m | Reduced -23.1k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 9.5m $309.7m | Reduced -44.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 9.3m $304.4m | Added +521.2k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 8.6m $281.5m | Added +367.0k |
| Legal & General Group Plc 0.06% of their portfolio | 8.2m $269.3m | Reduced -506.4k |
| VANGUARD FIDUCIARY TRUST CO 0.05% of their portfolio | 7.6m $248.1m | Reduced -2.3k |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 7.4m $242.6m | Added +1.2m |
| Amundi 0.06% of their portfolio | 7.4m $241.6m | Added +1.7m |
| Bank of New York Mellon Corp 0.04% of their portfolio | 7.1m $231.3m | Reduced -113.0k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 5.5m $181.6m | Reduced -787.3k |
| CITIGROUP INC 0.08% of their portfolio | 5.2m $169.1m | Added +2.6m |
| Ilex Capital Partners (UK) LLP 3.34% of their portfolio | 5.0m $162.7m | New |
| MARSHALL WACE, LLP 0.12% of their portfolio | 4.4m $145.3m | Added +3.5m |
| Nuveen, LLC 0.03% of their portfolio | 4.2m $138.5m | Reduced -11.4k |
| Thrivent Financial for Lutherans 0.23% of their portfolio | 4.2m $137.6m | Reduced -19.7k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 4.1m $134.4m | Added +3.7m |
| BNP PARIBAS FINANCIAL MARKETS 0.07% of their portfolio | 4.1m $133.8m | Added +1.2m |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 3.8m $123.6m | Added +75.3k |
| Freestone Grove Partners LP 0.80% of their portfolio | 3.7m $122.6m | New |
| Swiss National Bank 0.06% of their portfolio | 3.6m $119.1m | Reduced -147.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 3.4m $111.5m | Reduced -70.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.06% of their portfolio | 3.3m $109.3m | Added +225.1k |
| BARCLAYS PLC 0.03% of their portfolio | 3.3m $108.9m | Reduced -492.8k |
| Pathstone Holdings, LLC 0.31% of their portfolio | 3.3m $107.6m | Added +1.1m |
| Contrarius Group Holdings Ltd 4.92% of their portfolio | 3.3m $106.8m | Added +474.6k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 3.3m $107.2m | Added +890.9k |
| Munich Reinsurance Co Stock Corp in Munich 2.22% of their portfolio | 3.1m $101.7m | Reduced -345.7k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 3.0m $99.8m | Added +703.3k |
| Balyasny Asset Management L.P. 0.18% of their portfolio | 3.0m $97.6m | Added +3.0m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.14% of their portfolio | 3.0m $97.3m | Added +1.8m |
| Clearbridge Investments, LLC 0.08% of their portfolio | 3.0m $96.8m | Added +36.0k |
| Boston Partners 0.09% of their portfolio | 2.9m $96.4m | Added +281.2k |
| Vanguard Global Advisers, LLC 0.04% of their portfolio | 2.9m $96.4m | Reduced -25.6k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.06% of their portfolio | 2.9m $96.1m | Added +285.5k |
| TORONTO DOMINION BANK 0.15% of their portfolio | 2.8m $91.4m | Added +2.4m |
| SEI INVESTMENTS CO 0.08% of their portfolio | 2.8m $90.5m | Reduced -11.5k |
| National Pension Service 0.06% of their portfolio | 2.6m $86.7m | Added +173.1k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 2.6m $85.5m | Added +496.6k |
| Bank Julius Baer & Co. Ltd, Zurich 0.22% of their portfolio | 2.6m $85.3m | Reduced -45.0k |
| TCW GROUP INC 0.57% of their portfolio | 2.6m $84.3m | Added +18.2k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 2.4m $79.4m | Reduced -10.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 2.1m $68.0m | Reduced -118.0k |
| ANTIPODES PARTNERS Ltd 1.22% of their portfolio | 2.0m $66.3m | Reduced -321.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio | 2.0m $65.6m | Reduced -46.9k |
| River Road Asset Management, LLC 0.73% of their portfolio | 2.0m $65.2m | Reduced -741.1k |
| NATIXIS ADVISORS, LLC 0.07% of their portfolio | 1.9m $63.0m | Added +427.3k |
| Aberdeen Group plc 0.09% of their portfolio | 1.9m $62.4m | Reduced -118.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 1.9m $61.9m | Reduced -1.9m |
| Capital International, Inc./CA/ 0.43% of their portfolio | 1.9m $61.7m | Added +291.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.9m $61.0m | Added +165.5k |
| Perpetual Ltd 0.84% of their portfolio | 1.8m $58.8m | Added +719.5k |
| Cullen Capital Management, LLC 0.55% of their portfolio | 1.7m $55.7m | Reduced -63.7k |
| California Public Employees Retirement System 0.03% of their portfolio | 1.7m $54.8m | Reduced -1.3m |
| TD Asset Management Inc 0.05% of their portfolio | 1.7m $54.2m | Reduced -131.1k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 1.6m $52.8m | Added +63.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 1.6m $51.0m | Reduced -4.9k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 1.5m $40.4m | Reduced -10.2k |
| PRIVATE MANAGEMENT GROUP INC 1.32% of their portfolio | 1.5m $50.0m | Reduced -1.3k |
| ProShare Advisors LLC 0.07% of their portfolio | 1.5m $48.2m | Reduced -452.1k |
| ANCHOR CAPITAL ADVISORS LLC 1.35% of their portfolio | 1.5m $48.0m | Reduced -35.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 1.4m $45.5m | Added +238.4k |
| Public Sector Pension Investment Board 0.12% of their portfolio | 1.4m $45.1m | Added +2.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.07% of their portfolio | 1.4m $45.1m | Added +68.7k |
| MANGROVE PARTNERS IM, LLC 2.93% of their portfolio | 1.4m $44.7m | Unchanged |
| PFA Pension, Forsikringsaktieselskab 0.11% of their portfolio | 1.4m $44.5m | New |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 1.4m $44.3m | Reduced -3.4m |
| JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio | 1.3m $44.7m | Added +221.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.04% of their portfolio | 1.3m $43.1m | Added +108.0k |
| SG Americas Securities, LLC 0.02% of their portfolio | 1.3m $41.7m | Reduced -216.5k |
| RWC Asset Management LLP 1.55% of their portfolio | 1.2m $40.9m | Added +23.8k |
| Susquehanna Portfolio Strategies, LLC 0.65% of their portfolio | 1.2m $40.8m | New |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 1.2m $40.0m | Added +252.8k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.08% of their portfolio | 1.2m $38.9m | Reduced -418.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 1.2m $38.1m | Added +188.0k |
| WOODLEY FARRA MANION PORTFOLIO MANAGEMENT INC 1.81% of their portfolio | 1.1m $37.6m | New |
| AVIVA PLC 0.05% of their portfolio | 1.1m $37.0m | Added +16.8k |
| MACKENZIE FINANCIAL CORP 0.04% of their portfolio | 1.1m $36.4m | Added +132.6k |