Temasek Holdings Loses Thirst for Keurig Dr Pepper Inc
Posted on 08/17/2022
SEC filings revealed that Singapore’s Temasek Holdings lowered its position in Keurig Dr Pepper Inc from 6,877,661 shares to 99,805 shares for the quarter of June 30, 2022. The position was worth around US$ 239,868,000. Temasek likely moved to take profits on its position in the beverage company.
Temasek also lowered its share count in Virtu Financial Inc from 6,380,503 shares to 3,692,330 shares for the same period – selling out of a US$ 62.93 million position.
Overall, Temasek Holdings lowered its direct U.S. equity purchases at the June 30, 2022 period.
