Two Sigma Advisers’s PepsiCo PEP Stock Holding History

Two Sigma Advisers’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	-65,100	Closed	-$8.6M	–	2560
2025 Q2	$8.6M	Buy	65,100 +59,400	+1,042%	+$8M	0.02%	559
2025 Q1	$855K	Sell	5,700 -200,000	-97%	-$29.8M	﹤0.01%	1537
2024 Q4	$31.3M	Buy	+205,700	New	+$33.7M	0.07%	227
2024 Q2	–	Sell	-1,685,400	Closed	-$295M	–	2624
2024 Q1	$295M	Buy	1,685,400 +1,431,600	+564%	+$241M	0.68%	27
2023 Q4	$43.1M	Sell	253,800 -376,200	-60%	-$62.4M	0.1%	200
2023 Q3	$107M	Buy	630,000 +262,900	+72%	+$47.7M	0.27%	91
2023 Q2	$68M	Sell	367,100 -321,500	-47%	-$60M	0.17%	136
2023 Q1	$126M	Buy	688,600 +87,300	+15%	+$15.3M	0.32%	74
2022 Q4	$109M	Sell	601,300 -269,800	-31%	-$48.1M	0.3%	75
2022 Q3	$142M	Sell	871,100 -451,200	-34%	-$77.8M	0.41%	48
2022 Q2	$220M	Buy	1,322,300 +222,000	+20%	+$37.4M	0.63%	27
2022 Q1	$184M	Buy	+1,100,300	New	+$185M	0.49%	39
2021 Q3	–	Sell	-115,788	Closed	-$17.2M	–	2625
2021 Q2	$17.2M	Sell	115,788 -1,636,098	-93%	-$238M	0.05%	377
2021 Q1	$248M	Sell	1,751,886 -254,399	-13%	-$34.9M	0.68%	24
2020 Q4	$298M	Sell	2,006,285 -389,400	-16%	-$55.3M	0.79%	18
2020 Q3	$332M	Buy	2,395,685 +262,000	+12%	+$35.6M	0.95%	14
2020 Q2	$282M	Buy	2,133,685 +1,449,200	+212%	+$191M	0.83%	19
2020 Q1	$82.2M	Buy	684,485 +95,475	+16%	+$12.9M	0.31%	77
2019 Q4	$80.5M	Sell	589,010 -1,227,900	-68%	-$167M	0.19%	130
2019 Q3	$249M	Sell	1,816,910 -410,500	-18%	-$54.5M	0.61%	34
2019 Q2	$292M	Sell	2,227,410 -1,201,300	-35%	-$154M	0.73%	18
2019 Q1	$420M	Buy	3,428,710 +341,901	+11%	+$39M	1.06%	2
2018 Q4	$341M	Buy	3,086,809 +724,600	+31%	+$81.7M	0.93%	6
2018 Q3	$264M	Buy	2,362,209 +1,718,200	+267%	+$195M	0.64%	21
2018 Q2	$70.1M	Sell	644,009 -1,978,300	-75%	-$204M	0.19%	138
2018 Q1	$286M	Buy	2,622,309 +2,112,432	+414%	+$240M	0.78%	7
2017 Q4	$61.1M	Buy	509,877 +269,266	+112%	+$30.7M	0.16%	163
2017 Q3	$26.8M	Sell	240,611 -305,677	-56%	-$35.3M	0.08%	292
2017 Q2	$63.1M	Sell	546,288 -569,423	-51%	-$65.3M	0.21%	121
2017 Q1	$125M	Sell	1,115,711 -149,342	-12%	-$16M	0.41%	45
2016 Q4	$132M	Buy	1,265,053 +52,069	+4%	+$5.45M	0.51%	40
2016 Q3	$132M	Buy	1,212,984 +555,351	+84%	+$59.8M	0.56%	36
2016 Q2	$69.7M	Sell	657,633 -1,210,400	-65%	-$125M	0.35%	71
2016 Q1	$191M	Buy	1,868,033 +569,631	+44%	+$56.3M	1.07%	6
2015 Q4	$130M	Sell	1,298,402 -336	-0%	-$33.5K	0.77%	17
2015 Q3	$122M	Buy	1,298,738 +677,536	+109%	+$64.5M	0.77%	17
2015 Q2	$58M	Buy	621,202 +133,957	+27%	+$12.8M	0.43%	55
2015 Q1	$46.6M	Buy	487,245 +423,900	+669%	+$41M	0.34%	76
2014 Q4	$5.99M	Buy	+63,345	New	+$6.07M	0.05%	435
2014 Q3	–	Sell	-2,645	Closed	-$241K	–	2581
2014 Q2	$236K	Sell	2,645 -327,400	-99%	-$28.3M	﹤0.01%	2179
2014 Q1	$27.6M	Buy	330,045 +225,300	+215%	+$18.3M	0.25%	85
2013 Q4	$8.69M	Buy	104,745 +24,400	+30%	+$2.03M	0.08%	257
2013 Q3	$6.39M	Buy	+80,345	New	+$6.6M	0.08%	279

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

Two Sigma Advisers's PEP Position: Q3 2025 in Review

Two Sigma Advisers sold out of PepsiCo (PEP) in Q3 2025, closing a stake of 65,100 shares — an estimated $8.6M sold.

Two Sigma Advisers first reported a position in PEP in Q3 2013 and held it in 43 quarters. The position peaked at $420M in Q1 2019. 3,311 funds tracked by Wall St. Rank hold PEP as of Q3 2025.

Two Sigma Advisers reported no remaining PepsiCo position as of Q3 2025 after selling out during the quarter.
Two Sigma Advisers sold 65,100 PepsiCo shares in Q3 2025, an estimated $8.6M.
Two Sigma Advisers first reported a position in PepsiCo in Q3 2013 and held it in 43 quarters.
Two Sigma Advisers's PepsiCo position peaked at $420M in Q1 2019.
3,311 funds tracked by Wall St. Rank held PepsiCo as of Q3 2025.

Based on Two Sigma Advisers's 13F filing for Q3 2025, filed 14 Nov 2025.