Dark Forest Capital Management’s PepsiCo PEP Stock Holding History

Dark Forest Capital Management’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
2025 Q3	–	Sell	-44,161	Closed	-$5.83M	–	1408
2025 Q2	$5.83M	Buy	44,161 +5,910	+15%	+$796K	0.23%	79
2025 Q1	$5.74M	Buy	38,251 +35,859	+1,499%	+$5.34M	0.26%	45
2024 Q4	$364K	Sell	2,392 -2,474	-51%	-$405K	0.05%	577
2024 Q3	$827K	Buy	+4,866	New	+$836K	0.11%	214
2024 Q2	–	Sell	-1,702	Closed	-$298K	–	842
2024 Q1	$298K	Buy	+1,702	New	+$287K	0.05%	468
2023 Q4	–	Sell	-13,925	Closed	-$2.36M	–	937
2023 Q3	$2.36M	Buy	13,925 +4,809	+53%	+$873K	0.18%	86
2023 Q2	$1.69M	Buy	9,116 +8,684	+2,010%	+$1.62M	0.16%	109
2023 Q1	$78.8K	Buy	432 +81	+23%	+$14.2K	0.02%	733
2022 Q4	$63.4K	Buy	+351	New	+$62.6K	0.02%	394
2022 Q3	–	Sell	-1	Closed	–	–	1368
2022 Q2	$0	Buy	+1	New	+$168	﹤0.01%	1249
2022 Q1	–	Sell	-449	Closed	-$78K	–	1642
2021 Q4	$78K	Buy	+449	New	+$73.3K	0.03%	381

Other funds holding PEP

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 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

Dark Forest Capital Management's PEP Position: Q3 2025 in Review

Dark Forest Capital Management sold out of PepsiCo (PEP) in Q3 2025, closing a stake of 44,161 shares — an estimated $5.83M sold.

Dark Forest Capital Management first reported a position in PEP in Q4 2021 and held it in 11 quarters. The position peaked at $5.83M in Q2 2025. 3,312 funds tracked by Wall St. Rank hold PEP as of Q3 2025.

Dark Forest Capital Management reported no remaining PepsiCo position as of Q3 2025 after selling out during the quarter.
Dark Forest Capital Management sold 44,161 PepsiCo shares in Q3 2025, an estimated $5.83M.
Dark Forest Capital Management first reported a position in PepsiCo in Q4 2021 and held it in 11 quarters.
Dark Forest Capital Management's PepsiCo position peaked at $5.83M in Q2 2025.
3,312 funds tracked by Wall St. Rank held PepsiCo as of Q3 2025.

Based on Dark Forest Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.