National Bank of Canada’s PepsiCo PEP Stock Holding History

National Bank of Canada’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	$333M	Sell	2,142,689 -825,101	-28%	-$129M	0.3%	64
2025 Q4	$426M	Sell	2,967,790 -269,867	-8%	-$39.7M	0.39%	48
2025 Q3	$455M	Buy	3,237,657 +874,860	+37%	+$125M	0.45%	40
2025 Q2	$312M	Sell	2,362,797 -553,664	-19%	-$74.6M	0.3%	65
2025 Q1	$437M	Buy	2,916,461 +1,153,906	+65%	+$172M	0.46%	41
2024 Q4	$268M	Buy	1,762,555 +113,184	+7%	+$18.5M	0.28%	71
2024 Q3	$280M	Buy	1,649,371 +402,062	+32%	+$69.1M	0.32%	55
2024 Q2	$203M	Buy	1,247,309 +139,587	+13%	+$24.1M	0.28%	66
2024 Q1	$199M	Sell	1,107,722 -852,777	-43%	-$144M	0.3%	64
2023 Q4	$339M	Buy	1,960,499 +485,437	+33%	+$80.5M	0.54%	35
2023 Q3	$249M	Sell	1,475,062 -97,387	-6%	-$17.7M	0.38%	62
2023 Q2	$292M	Buy	1,572,449 +557,481	+55%	+$104M	0.53%	36
2023 Q1	$185M	Buy	1,014,968 +392,469	+63%	+$68.6M	0.46%	45
2022 Q4	$112M	Buy	622,499 +44,363	+8%	+$7.91M	0.29%	71
2022 Q3	$96.3M	Buy	578,136 +155,365	+37%	+$26.8M	0.52%	39
2022 Q2	$72.7M	Sell	422,771 -33,199	-7%	-$5.59M	0.33%	73
2022 Q1	$79.7M	Buy	455,970 +206,913	+83%	+$34.7M	0.24%	90
2021 Q4	$43.3M	Buy	+249,057	New	+$40.7M	0.15%	119

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 $147M AUM 25.76% 1-Year Est. Return

National Bank of Canada's PEP Position: Q1 2026 in Review

National Bank of Canada reduced its PepsiCo (PEP) stake by 28% in Q1 2026, selling an estimated $129M and leaving 2,142,689 shares worth $333M. The position accounts for 0.3% of the portfolio, ranked #64.

National Bank of Canada first reported a position in PEP in Q4 2021 and has held it in 18 quarters since. The position peaked at $455M in Q3 2025. 3,536 funds tracked by Wall St. Rank hold PEP as of Q1 2026.

National Bank of Canada held 2,142,689 shares of PepsiCo worth $333M as of Q1 2026.
National Bank of Canada sold 825,101 PepsiCo shares in Q1 2026, an estimated $129M.
PepsiCo made up 0.3% of National Bank of Canada's portfolio in Q1 2026, its #64 holding.
National Bank of Canada first reported a position in PepsiCo in Q4 2021 and has held it in 18 quarters since.
National Bank of Canada's PepsiCo position peaked at $455M in Q3 2025.
3,536 funds tracked by Wall St. Rank held PepsiCo as of Q1 2026.

Based on National Bank of Canada's 13F filing for Q1 2026, filed 15 May 2026.