PepsiCo
PEP
1,990 hedge funds and large institutions have $113B invested in PepsiCo in 2017 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 798 increasing their positions, 856 reducing their positions, and 64 closing their positions.
17% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 64
0.01% less ownership
Funds ownership: 71.1% → 71.09% (-0.01%)
1% less funds holding
Funds holding: 2,002 → 1,990 (-12)
4% less capital invested
Capital invested by funds: $117B → $113B (-$4.35B)
7% less repeat investments, than reductions
Existing positions increased: 798 | Existing positions reduced: 856
23% less funds holding in top 10
Funds holding in top 10: 213 → 163 (-50)
37% less call options, than puts
Call options by funds: $640M | Put options by funds: $1.02B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$351M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$198M |
| 3 |
State Street
Boston,
Massachusetts
|
+$164M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$137M |
| 5 |
Bank of New York Mellon
New York
|
+$133M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$433M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$287M |
| 3 |
JP Morgan Chase
New York
|
-$238M |
| 4 |
EIP
Epoch Investment Partners
New York
|
-$237M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$216M |
PEP Hedge Fund Activity: Q3 2017 in Review
1,990 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in PepsiCo (PEP) for Q3 2017, worth a combined $113B — down 3.7% from $117B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new PEP positions and 64 closed out — a net gain of 11 holders — while 798 added to existing stakes and 856 trimmed.
The largest buyer was Bank of America, adding an estimated $351M. The largest seller was T. Rowe Price Associates, cutting an estimated $433M.
- 1,990 institutional investors held PepsiCo (PEP) as of Q3 2017, down from 2,002 in Q2 2017.
- Funds reported $113B of PepsiCo stock for Q3 2017, down 3.7% quarter-over-quarter.
- 75 funds opened new PepsiCo positions in Q3 2017 and 64 closed out, a net change of +11 holders.
- The largest PepsiCo buyer in Q3 2017 was Bank of America, an estimated $351M added.
- The largest PepsiCo seller in Q3 2017 was T. Rowe Price Associates, an estimated $433M sold.
Based on aggregated 13F filings for Q3 2017.