Keurig Dr Pepper contributed to Oakmark U.S. Concentrated Strategy’s Q2 returns as shares closed at $31.08 with a $42.29 billion market cap.
Keurig Dr Pepper Inc. (NASDAQ:KDP) was highlighted as a performance contributor in Oakmark U.S. Concentrated Strategy’s Q2 2026 investor letter. The stock closed at $31.08 on July 28, 2026, reflecting a market capitalization of $42.29 billion.
The strategy underperformed the Russell 1000 Value Index’s 13.87% return, posting a 9.21% net gain for the quarter. KDP’s shares declined 6.86% over the past month and 8.10% over the last 52 weeks, despite its positive contribution to Oakmark’s portfolio.
Oakmark maintained its value-focused approach, avoiding AI-driven market trends while prioritizing undervalued companies like KDP, which distributes beverages and single-serve brewing systems.