Baird’s PepsiCo PEP Stock Holding History

Baird’s Portfolio PEP Stock Details PEP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	$107M	Sell	1,123,681 -43,967	-4%	-$4.25M	1.1%	8
2014 Q4	$110M	Buy	1,167,648 +179,732	+18%	+$17.2M	1.18%	5
2014 Q3	$92M	Sell	987,916 -8,741	-0.9%	-$798K	1.29%	4
2014 Q2	$89M	Buy	996,657 +24,460	+3%	+$2.11M	1.25%	4
2014 Q1	$81.2M	Buy	972,197 +20,346	+2%	+$1.65M	1.18%	5
2013 Q4	$78.9M	Buy	951,851 +15,594	+2%	+$1.29M	1.36%	5
2013 Q3	$74.4M	Buy	936,257 +20,211	+2%	+$1.66M	1.39%	6
2013 Q2	$74.9M	Buy	+916,046	New	+$74.8M	1.49%	5

Other funds holding PEP

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

YAM

Yacktman Asset Management Austin, Texas $7.5B AUM 22.48% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

TFM

Trian Fund Management New York $3.86B AUM 26.59% 1-Year Est. Return

Baird's PEP Position: Q1 2015 in Review

Baird reduced its PepsiCo (PEP) stake by 3.8% in Q1 2015, selling an estimated $4.25M and leaving 1,123,681 shares worth $107M. The position accounts for 1.1% of the portfolio, ranked #8.

Baird first reported a position in PEP in Q2 2013 and has held it in 8 quarters since. The position peaked at $110M in Q4 2014. 1,787 funds tracked by Wall St. Rank hold PEP as of Q1 2015.

Baird held 1,123,681 shares of PepsiCo worth $107M as of Q1 2015.
Baird sold 43,967 PepsiCo shares in Q1 2015, an estimated $4.25M.
PepsiCo made up 1.1% of Baird's portfolio in Q1 2015, its #8 holding.
Baird first reported a position in PepsiCo in Q2 2013 and has held it in 8 quarters since.
Baird's PepsiCo position peaked at $110M in Q4 2014.
1,787 funds tracked by Wall St. Rank held PepsiCo as of Q1 2015.

Based on Baird's 13F filing for Q1 2015, filed 13 May 2015.