BlackRock Inc. acquired over 143.5 million shares of Keurig Dr Pepper during the second quarter. This position is valued at approximately $4.7 billion. The investment gives BlackRock a 10.55% ownership stake in the company.
SEC filings disclosed on August 19, 2026, show several other major financial institutions established new positions. Deutsche Bank AG purchased a stake valued at approximately $181.6 million. Mitsubishi UFJ Asset Management Co. Ltd. acquired a position worth about $109.3 million. Fidelity National Financial Inc. took a new stake valued at roughly $17.9 million.
Institutional ownership now accounts for approximately 94% of the company's stock.