Fmr Llc ownership in KDP / Keurig Dr Pepper Inc.

Keurig 胡椒博士公司

US ˙ NasdaqGS ˙ US49271V1008

Security	KDP / Keurig Dr Pepper Inc.
Institution	Fmr Llc
Latest Disclosed Ownership	135,874,927 shares
Ownership	10.00%

2026-01-08 - Fmr Llc has filed an SCHEDULE 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 135,874,927 shares of Keurig Dr Pepper Inc. (US:KDP). This represents 10.0 percent ownership of the company. In their previous filing dated 2025-04-07 , Fmr Llc had reported owning 102,509,918 shares, indicating an increase of 32.55 percent.

Institutional Ownership: 13D/G Filings

This table shows a history of the 13D/G filings made by the investor and/or investor group. Note that the share values in this table are not directly comparable to any numbers shown in the 13F table (if any).

File Date	Effective Date	Form	Prev Shares	Latest Shares	ΔShares (Percent)	Ownership (Percent)	ΔOwnership (Percent)
2026-01-08	2026-01-08	13G/A	102,509,918	135,874,927	32.55	10.00	31.58
2025-04-07	2025-04-07	13G/A	101,957,243	102,509,918	0.54	7.60	1.09
2024-11-12	2024-11-12	13G	8,297,204	101,957,243	1,128.81	7.52	84.90
2013-07-10	2013-07-10	13G/A		8,297,204		4.07
2013-02-14	2013-02-14	13G/A		21,816,684		10.48
2012-02-14	2012-02-14	13G/A		14,748,400		6.88

Important Note: One of the primary uses of the 13D/G filings is to evaluate the ability of a firm to control a company (ie, the "beneficial ownership"). To that end, firms are required to report not just direct holdings in companies, but indirect holdings that they control. For investment firms, these indirect holdings can include shares in funds they manage, advisory accounts, and in the case of activist campaigns, pledged votes. Therefore, share counts listed in 13D/G filings can differ significantly than share counts listed in 13F filings.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)

File Date	Effective Date	Form	Security	Class	ID	Reported Shares	ΔShares	ΔShares (%)	Reported Value (x1000)	ΔValue (%)	Alloc (%)
2026-05-15	2026-03-31	13F	KEURIG DR PEPPER	COM	49271V100	145,628,995	10,135,279	7.48	3,834,411	1.03	0.0401
2026-02-17	2025-12-31	13F	KEURIG DR PEPPER	COM	49271V100	135,493,716	32,116,101	31.07	3,795,179	43.91	0.1935
2025-11-13	2025-09-30	13F	KEURIG DR PEPPER	COM	49271V100	103,377,615	-3,451,362	-3.23	2,637,163	-25.33	0.1371
2025-08-14	2025-06-30	13F	KEURIG DR PEPPER	COM	49271V100	106,828,977	3,315,785	3.20	3,531,766	-0.30	0.1992
2025-05-12	2025-03-31	13F	KEURIG DR PEPPER	COM	49271V100	103,513,192	3,529,949	3.53	3,542,221	10.30	0.2262
2025-02-13	2024-12-31	13F	KEURIG DR PEPPER	COM	49271V100	99,983,243	-2,199,901	-2.15	3,211,462	-16.15	0.1917
2024-11-13	2024-09-30	13F	KEURIG DR PEPPER	COM	49271V100	102,183,144	9,105,164	9.78	3,829,824	23.19	0.2330
2024-08-13	2024-06-30	13F	KEURIG DR PEPPER	COM	49271V100	93,077,980	12,067,274	14.90	3,108,804	25.12	0.1990
2024-05-13	2024-03-31	13F	KEURIG DR PEPPER	COM	49271V100	81,010,706	16,625,736	25.82	2,484,598	15.82	0.1668
2024-02-13	2023-12-31	13F	KEURIG DR PEPPER	COM	49271V100	64,384,970	3,702,967	6.10	2,145,307	11.98	0.1648
2023-11-13	2023-09-30	13F	KEURIG DR PEPPER	COM	49271V100	60,682,003	6,926,582	12.89	1,915,731	13.97	0.1656
2023-08-11	2023-06-30	13F	KEURIG DR PEPPER	COM	49271V100	53,755,421	3,560,189	7.09	1,680,932	-5.08	0.1409
2023-08-11	2023-03-31	13F/A-1	KEURIG DR PEPPER	COM	49271V100	50,195,232	6,338,412	14.45	1,770,888	13.23	0.1620
2023-05-11	2023-03-31	13F	KEURIG DR PEPPER	COM	49271V100	50,195,232	6,338,412		1,770,888		0.0322
2023-02-13	2022-12-31	13F	KEURIG DR PEPPER	COM	49271V100	43,856,820	-965,598	-2.15	1,563,934	-2.59	0.1553
2022-11-10	2022-09-30	13F	KEURIG DR PEPPER	COM	49271V100	44,822,418	2,195,676	5.15	1,605,538	6.43	0.1674
2022-08-12	2022-06-30	13F	KEURIG DR PEPPER	COM	49271V100	42,626,742	7,736,174	22.17	1,508,560	14.08	0.1503
2022-05-13	2022-03-31	13F	KEURIG DR PEPPER	COM	49271V100	34,890,568	5,749,402	19.73	1,322,353	23.11	0.1057
2022-02-14	2021-12-31	13F	KEURIG DR PEPPER	COM	49271V100	29,141,166	-255,789	-0.87	1,074,143	6.97	0.0793
2022-02-14	2021-09-30	13F/A-1	KEURIG DR PEPPER	COM	49271V100	29,396,955	1,356,484	4.84	1,004,200	1.62	0.0796
2021-11-15	2021-09-30	13F	KEURIG DR PEPPER	COM	49271V100	29,396,955	1,356,484		1,004,200		0.0154
2021-08-13	2021-06-30	13F	KEURIG DR PEPPER	COM	49271V100	28,040,471	3,497,721	14.25	988,146	17.14	0.0774
2021-05-14	2021-03-31	13F	KEURIG DR PEPPER	COM	49271V100	24,542,750	73,461	0.30	843,534	7.73	0.0720
2021-02-08	2020-12-31	13F	KEURIG DR PEPPER	COM	49271V100	24,469,289	2,626,073	12.02	783,016	29.88	0.0697
2020-11-13	2020-09-30	13F	KEURIG DR PEPPER	COM	49271V100	21,843,216	323,435	1.50	602,872	-1.36	0.0609
2020-08-24	2020-06-30	13F/A-1	KEURIG DR PEPPER	COM	49271V100	21,519,781	-2,036,256	-8.64	611,161	6.90	0.0672
2020-08-13	2020-06-30	13F	KEURIG DR PEPPER	COM	49271V100	21,519,781	-2,036,256		611,161		15,014.4373
2020-05-14	2020-03-31	13F	KEURIG DR PEPPER	COM	49271V100	23,556,037	-9,722,501	-29.22	571,706	-40.66	0.0792
2020-02-07	2019-12-31	13F	KEURIG DR PEPPER	COM	49271V100	33,278,538	-2,795,620	-7.75	963,413	-2.25	0.1063
2019-11-13	2019-09-30	13F	KEURIG DR PEPPER	COM	49271V100	36,074,158	-2,523,607	-6.54	985,547	-11.65	0.1182
2019-08-13	2019-06-30	13F	KEURIG DR PEPPER	COM	49271V100	38,597,765	7,450,522	23.92	1,115,476	28.04	0.1303
2019-05-13	2019-03-31	13F	KEURIG DR PEPPER	COM	49271V100	31,147,243	3,554,304	12.88	871,188	23.14	0.1044
2019-02-13	2018-12-31	13F	KEURIG DR PEPPER	COM	49271V100	27,592,939	7,777,020	39.25	707,483	54.09	0.0969
2018-11-09	2018-09-30	13F	KEURIG DR PEPPER	COM	49271V100	19,815,919	11,396,444	135.36	459,135	-55.30	0.0517
2018-08-10	2018-06-30	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	8,419,475	1,976,937	30.69	1,027,176	34.68	0.1213
2018-05-14	2018-03-31	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	6,442,538	3,372,296	109.84	762,668	155.93	0.0905
2018-02-12	2017-12-31	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	3,070,242	409,212	15.38	297,998	26.58	0.0349
2017-11-13	2017-09-30	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	2,661,030	-323,253	-10.83	235,421	-13.42	0.0285
2017-08-29	2017-06-30	13F/A-1	DR PEPPER SNAPPLE GROUP	COM	26138E109	2,984,283	134,256	4.71	271,898	-2.57	0.0338
2017-08-11	2017-06-30	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	2,984,283	134,256		271,898
2017-05-11	2017-03-31	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	2,850,027	613,545	27.43	279,075	37.62	0.0355
2017-02-10	2016-12-31	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	2,236,482	-244,690	-9.86	202,782	-10.49	0.0271
2016-11-14	2016-09-30	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	2,481,172	-954,449	-27.78	226,554	-31.76	0.0302
2016-08-11	2016-06-30	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	3,435,621	326,417	10.50	331,984	19.41	0.0453
2016-05-16	2016-03-31	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	3,109,204	116,853	3.91	278,024	-0.31	0.0385
2016-02-12	2015-12-31	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	2,992,351	7,946	0.27	278,887	18.21	0.0375
2015-11-10	2015-09-30	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	2,984,405	277,651	10.26	235,917	19.56	0.0336
2015-08-25	2015-06-30	13F/A-1	DR PEPPER SNAPPLE GROUP	COM	26138E109	2,706,754	-152,979	-5.35	197,323	-12.08	0.0253
2015-08-13	2015-06-30	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	2,706,754			197,323
2015-05-14	2015-03-31	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	2,859,733	-755,226	-20.89	224,432	-13.39	0.0286
2015-02-17	2014-12-31	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	3,614,959	-1,779,951	-32.99	259,119	-25.31	0.0337
2014-11-14	2014-09-30	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	5,394,910	254,580	4.95	346,946	15.22	0.0470
2014-08-14	2014-06-30	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	5,140,330	-605,022	-10.53	301,121	-3.76	0.0404
2014-05-15	2014-03-31	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	5,745,352	856,745	17.53	312,892	31.37	0.0434
2014-02-13	2013-12-31	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	4,888,607	-79,203	-1.59	238,173	6.97	0.0337
2013-11-14	2013-09-30	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	4,967,810	-2,584,599	-34.22	222,658	-35.81	0.0341
2013-09-24	2013-06-30	13F/A-1	DR PEPPER SNAPPLE GROUP	COM	26138E109	7,552,409	7,552,409		346,882		0.0568
2013-08-14	2013-06-30	13F	DR PEPPER SNAPPLE GROUP	COM	26138E109	7,552,409			346,882		0.0568

Legend

Shares: The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value: The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price: The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class: This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred

Allocation (%): The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation: The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%): The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis: The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss: This is the market value of the position as of the effective date minus the cost basis.