Cliff Asness's KDP Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 11.64 M shares of Keurig Dr Pepper Inc. (KDP) worth $325.93 M, representing 0.17% of the portfolio. First purchased in 2018-Q3, this long-term strategic position has been held for 30 quarters.
Based on 13F filings, Cliff Asness has maintained a strategic position in KDP, demonstrating sustained confidence in this investment. Largest addition occurred in Q4 2025, adding 8.62 M shares. Largest reduction occurred in Q3 2022, reducing 885,908 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Keurig Dr Pepper (KDP) Holding Value Over Time
Track share changes against reported price movement
Quarterly Keurig Dr Pepper (KDP) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +8.62 M | Add 285.28% | 11.64 M | $28.01 |
| Q3 2025 | +348,375 | Add 13.04% | 3.02 M | $25.51 |
| Q2 2025 | +936,109 | Add 53.93% | 2.67 M | $32.86 |
| Q1 2025 | +490,277 | Add 39.37% | 1.74 M | $34.22 |
| Q4 2024 | -18,154 | Reduce 1.44% | 1.25 M | $32.06 |
| Q3 2024 | -513,621 | Reduce 28.90% | 1.26 M | $37.48 |
| Q2 2024 | -3,269 | Reduce 0.18% | 1.78 M | $33.40 |
| Q1 2024 | -158,595 | Reduce 8.18% | 1.78 M | $30.67 |
| Q4 2023 | -775,917 | Reduce 28.58% | 1.94 M | $33.25 |
| Q3 2023 | -24,580 | Reduce 0.90% | 2.71 M | $31.56 |
| Q2 2023 | +1.55 M | Add 130.18% | 2.74 M | $31.00 |
| Q1 2023 | +516,055 | Add 76.55% | 1.19 M | $35.24 |
| Q4 2022 | -67,746 | Reduce 9.13% | 674,116 | $35.66 |
| Q3 2022 | -885,908 | Reduce 54.42% | 741,862 | $35.82 |
| Q2 2022 | +976,387 | Add 149.89% | 1.63 M | $35.23 |
| Q1 2022 | +624,035 | Add 2281.83% | 651,383 | $37.90 |
| Q2 2021 | -37 | Reduce 0.14% | 27,348 | $35.25 |
| Q1 2021 | -256 | Reduce 0.93% | 27,385 | $34.36 |
| Q1 2020 | -2,302 | Reduce 7.69% | 27,641 | $24.28 |
| Q3 2019 | -4,556 | Reduce 13.21% | 29,943 | $27.32 |
| Q4 2018 | -45 | Reduce 0.13% | 34,499 | $25.65 |
| Q3 2018 | +34,544 | New Buy | 34,544 | $23.16 |
Cliff Asness's Keurig Dr Pepper Investment FAQs
Cliff Asness first purchased Keurig Dr Pepper Inc. (KDP) in Q3 2018, acquiring 34,544 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Keurig Dr Pepper Inc. (KDP) for 30 quarters since Q3 2018.
Cliff Asness's largest addition to Keurig Dr Pepper Inc. (KDP) was in Q4 2025, adding 11,636,027 shares worth $325.93 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 11,636,027 shares of Keurig Dr Pepper Inc. (KDP), valued at approximately $325.93 M.
As of the Q4 2025 filing, Keurig Dr Pepper Inc. (KDP) represents approximately 0.17% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Keurig Dr Pepper Inc. (KDP) was 11,636,027 shares, as reported at the end of Q4 2025.