Millennium Management’s PepsiCo PEP Stock Holding History

Millennium 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
2026 Q1	$188M	Buy	1,211,500 +339,800	+39%	+$52.9M	0.08%	226
2025 Q4	$125M	Buy	871,700 +37,400	+4%	+$5.5M	0.05%	347
2025 Q3	$117M	Buy	834,300 +208,400	+33%	+$29.8M	0.05%	365
2025 Q2	$82.6M	Sell	625,900 -581,800	-48%	-$78.4M	0.04%	512
2025 Q1	$181M	Buy	1,207,700 +324,800	+37%	+$48.3M	0.1%	179
2024 Q4	$134M	Buy	882,900 +164,700	+23%	+$27M	0.07%	283
2024 Q3	$122M	Buy	718,200 +73,100	+11%	+$12.6M	0.06%	327
2024 Q2	$106M	Sell	645,100 -117,200	-15%	-$20.2M	0.05%	406
2024 Q1	$133M	Buy	762,300 +21,600	+3%	+$3.64M	0.06%	338
2023 Q4	$126M	Sell	740,700 -260,500	-26%	-$43.2M	0.05%	339
2023 Q3	$170M	Buy	1,001,200 +735,900	+277%	+$134M	0.09%	172
2023 Q2	$49.1M	Sell	265,300 -326,800	-55%	-$61M	0.02%	751
2023 Q1	$108M	Sell	592,100 -724,200	-55%	-$127M	0.06%	312
2022 Q4	$238M	Sell	1,316,300 -30,600	-2%	-$5.46M	0.13%	106
2022 Q3	$220M	Buy	1,346,900 +288,000	+27%	+$49.6M	0.13%	85
2022 Q2	$176M	Buy	1,058,900 +277,000	+35%	+$46.6M	0.11%	112
2022 Q1	$131M	Sell	781,900 -103,800	-12%	-$17.4M	0.07%	238
2021 Q4	$154M	Buy	885,700 +40,100	+5%	+$6.55M	0.08%	207
2021 Q3	$127M	Sell	845,600 -142,200	-14%	-$22M	0.08%	231
2021 Q2	$146M	Buy	987,800 +463,100	+88%	+$67.5M	0.09%	176
2021 Q1	$74.2M	Buy	524,700 +158,200	+43%	+$21.7M	0.05%	338
2020 Q4	$54.4M	Sell	366,500 -376,000	-51%	-$53.4M	0.04%	419
2020 Q3	$103K	Buy	742,500 +127,300	+21%	+$17.3M	0.13%	123
2020 Q2	$81.4M	Buy	615,200 +95,100	+18%	+$12.5M	0.11%	148
2020 Q1	$62.5M	Sell	520,100 -18,000	-3%	-$2.43M	0.14%	122
2019 Q4	$73.5M	Buy	538,100 +106,600	+25%	+$14.5M	0.09%	215
2019 Q3	$59.2M	Buy	431,500 +391,300	+973%	+$52M	0.09%	242
2019 Q2	$5.27M	Sell	40,200 -3,900	-9%	-$500K	0.01%	1729
2019 Q1	$5.4M	Buy	44,100 +35,800	+431%	+$4.08M	0.01%	1699
2018 Q4	$917K	Buy	+8,300	New	+$936K	﹤0.01%	2621
2018 Q1	–	Sell	-150,000	Closed	-$18M	–	3976
2017 Q4	$18M	Buy	+150,000	New	+$17.1M	0.02%	967
2014 Q4	–	Sell	-3,600	Closed	-$335K	–	4200
2014 Q3	$335K	Buy	+3,600	New	+$329K	﹤0.01%	3006
2014 Q2	–	Sell	-7,700	Closed	-$643K	–	3752
2014 Q1	$643K	Buy	7,700 +3,100	+67%	+$252K	﹤0.01%	2481
2013 Q4	$382K	Buy	+4,600	New	+$382K	﹤0.01%	2892

Other funds holding PEP

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

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

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

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

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 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

DAM

Diamant Asset Management Ridgefield, Connecticut $137B AUM 18.02% 1-Year Est. Return

Millennium Management's PEP Position: Q1 2026 in Review

Millennium Management reduced its PepsiCo (PEP) stake by 25% in Q1 2026, selling an estimated $50.5M and leaving 968,159 shares worth $150M. The position accounts for 0.06% of the portfolio, ranked #297.

Millennium Management first reported a position in PEP in Q2 2013 and has held it in 50 quarters since. The position peaked at $290M in Q3 2022. 3,532 funds tracked by Wall St. Rank hold PEP as of Q1 2026.

Millennium Management held 968,159 shares of PepsiCo worth $150M as of Q1 2026.
Millennium Management sold 323,787 PepsiCo shares in Q1 2026, an estimated $50.5M.
PepsiCo made up 0.06% of Millennium Management's portfolio in Q1 2026, its #297 holding.
Millennium Management first reported a position in PepsiCo in Q2 2013 and has held it in 50 quarters since.
Millennium Management's PepsiCo position peaked at $290M in Q3 2022.
3,532 funds tracked by Wall St. Rank held PepsiCo as of Q1 2026.

Based on Millennium Management's 13F filing for Q1 2026, filed 15 May 2026.