Who Owns A&W Root Beer?
Updated onExplore the ownership hierarchy of A&W Root Beer. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
A&W Root Beer
A&W Root Beer is an American root beer soft drink brand founded in 1919 and now owned by Keurig Dr Pepper, marketed primarily in the United States and Canada.
Keurig Dr Pepper
Keurig Dr Pepper is a publicly traded North American beverage and coffeemaker company that manufactures and distributes a broad portfolio of more than 125 hot and cold beverage brands along with Keurig single-serve brewing systems.
A&W Root Beer
A&W Root Beer is an American root beer soft drink brand founded in 1919 and now owned by Keurig Dr Pepper, marketed primarily in the United States and Canada.
Keurig Dr Pepper
Keurig Dr Pepper is a publicly traded North American beverage and coffeemaker company that manufactures and distributes a broad portfolio of more than 125 hot and cold beverage brands along with Keurig single-serve brewing systems.
Major Shareholders
Keurig Dr Pepper
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
The Vanguard Group, Inc. Largest institutional shareholder; 159,420,360 shares (~11.73% of outstanding) held across Vanguard-managed funds, based on 13F filings and ownership summaries as of Sept. 30, 2025. | Institutional | 11.7% | Sep 2025 |
Capital World Investors (Capital Research & Management Company) Capital World Investors, part of Capital Research & Management Company, holds roughly 114.8 million shares (~8.45%) of KDP, making it one of the largest active shareholders as of the Sept. 30, 2025 reporting date. | Institutional | 8.4% | Sep 2025 |
BlackRock, Inc. BlackRock and its affiliates report beneficial ownership of about 108.9 million KDP shares (roughly 8.0% of shares outstanding) in third‑quarter 2025 filings and ownership summaries. | Institutional | 8.0% | Sep 2025 |
FMR LLC (Fidelity Investments) FMR LLC, the parent of Fidelity Investments, holds approximately 103.4 million KDP shares (~7.6%) according to 13F filings and institutional ownership data as of Sept. 30, 2025. | Institutional | 7.6% | Sep 2025 |
JAB BevCo B.V. (JAB Holding Company group) JAB BevCo B.V., an investment vehicle of JAB Holding Company and former controlling shareholder of Keurig Dr Pepper, reported beneficial ownership of 59,113,479 shares (~4.4% of outstanding) following a May 1, 2025 secondary offering, as disclosed in its amended Schedule 13D and company press releases. | Corporate | 4.4% | May 2025 |
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