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PepsiCo

2,119 hedge funds and large institutions have $111B invested in PepsiCo in 2018 Q2 according to their latest regulatory filings, with 99 funds opening new positions, 858 increasing their positions, 919 reducing their positions, and 105 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more call options, than puts

Call options by funds: $864M | Put options by funds: $719M

0.58% more ownership

Funds ownership: 71.31%71.89% (+0.58%)

0% more capital invested

Capital invested by funds: $110B → $111B (+$331M)

6% less first-time investments, than exits

New positions opened: 99 | Existing positions closed: 105

7% less repeat investments, than reductions

Existing positions increased: 858 | Existing positions reduced: 919

1% less funds holding

Funds holding: 2,1462,119 (-27)

9% less funds holding in top 10

Funds holding in top 10: 151138 (-13)

Holders
2,119
Holders Change
-27
Holders Change %
-1.26%
% of All Funds
48.5%
Holding in Top 10
138
Holding in Top 10 Change
-13
Holding in Top 10 Change %
-8.61%
% of All Funds
3.16%
New
99
Increased
858
Reduced
919
Closed
105
Calls
$864M
Puts
$719M
Net Calls
+$144M
Net Calls Change
-$127M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$12.9B +$187M +1,808,227 +2%
BlackRock
2
BlackRock
New York
$10.2B +$133M +1,291,012 +1%
State Street
3
State Street
Massachusetts
$6.54B +$197M +1,902,832 +3%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$3.21B -$232M -2,244,238 -7%
Bank of America
5
Bank of America
North Carolina
$2.75B +$330M +3,195,187 +14%
JP Morgan Chase
6
JP Morgan Chase
New York
$2.42B +$221M +2,144,080 +11%
Northern Trust
7
Northern Trust
Illinois
$2.14B -$28.3M -274,381 -1%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$2.01B +$234M +2,265,230 +14%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$2B +$322M +3,115,914 +20%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$1.93B +$33.9M +328,440 +2%
Deutsche Bank
11
Deutsche Bank
Germany
$1.74B -$34.5K -334 -0%
Norges Bank
12
Norges Bank
Norway
$1.58B +$39.4M +381,386 +3%
Franklin Resources
13
Franklin Resources
California
$1.53B -$127M -1,233,865 -8%
Wells Fargo
14
Wells Fargo
California
$1.46B -$44.2M -427,960 -3%
Morgan Stanley
15
Morgan Stanley
New York
$1.24B -$251M -2,429,048 -18%
AAMU
16
Amundi Asset Management US
Massachusetts
$1.12B +$334M +3,232,316 +46%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$1.1B +$48.7M +471,913 +5%
Charles Schwab
18
Charles Schwab
California
$996M +$38.9M +376,620 +4%
UBS AM
19
UBS AM
Illinois
$886M +$157M +1,521,674 +23%
YAM
20
Yacktman Asset Management
Texas
$855M +$4.77M +46,195 +0.6%
Fundsmith LLP
21
Fundsmith LLP
United Kingdom
$836M +$113M +1,098,314 +17%
FEF
22
Fundsmith Equity Fund
Connecticut
$836M +$793M +7,681,927 New
Capital Research Global Investors
23
Capital Research Global Investors
California
$813M +$690K +6,679 +0.1%
Massachusetts Financial Services
24
Massachusetts Financial Services
Massachusetts
$799M -$109M -1,059,254 -13%
Renaissance Technologies
25
Renaissance Technologies
New York
$758M -$219M -2,115,412 -23%

PEP Hedge Fund Activity: Q2 2018 in Review

2,119 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in PepsiCo (PEP) for Q2 2018, worth a combined $111B — up 0.3% from $110B a quarter earlier.

Sellers outnumbered buyers: 105 funds closed out of PEP and 99 opened new positions — a net loss of 6 holders — while 919 trimmed existing stakes and 858 added.

The largest buyer was Fiduciary Management Inc, opening a new position worth an estimated $335M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $378M sold.

  • 2,119 institutional investors held PepsiCo (PEP) as of Q2 2018, down from 2,146 in Q1 2018.
  • Funds reported $111B of PepsiCo stock for Q2 2018, up 0.3% quarter-over-quarter.
  • 99 funds opened new PepsiCo positions in Q2 2018 and 105 closed out, a net change of -6 holders.
  • The largest PepsiCo buyer in Q2 2018 was Fiduciary Management Inc, an estimated $335M added.
  • The largest PepsiCo seller in Q2 2018 was Arrowstreet Capital, an estimated $378M sold.

Based on aggregated 13F filings for Q2 2018.