PepsiCo
PEP
3,211 hedge funds and large institutions have $185B invested in PepsiCo in 2023 Q2 according to their latest regulatory filings, with 161 funds opening new positions, 1,270 increasing their positions, 1,383 reducing their positions, and 94 closing their positions.
71% more first-time investments, than exits
New positions opened: 161 | Existing positions closed: 94
17% more call options, than puts
Call options by funds: $1.46B | Put options by funds: $1.24B
1% more funds holding
Funds holding: 3,170 → 3,211 (+41)
1% more capital invested
Capital invested by funds: $183B → $185B (+$2.36B)
0.4% less ownership
Funds ownership: 73.07% → 72.67% (-0.4%)
8% less repeat investments, than reductions
Existing positions increased: 1,270 | Existing positions reduced: 1,383
18% less funds holding in top 10
Funds holding in top 10: 256 → 210 (-46)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$821M |
| 2 |
JP Morgan Chase
New York
|
+$309M |
| 3 |
Man Group
London,
United Kingdom
|
+$246M |
| 4 |
Barclays
London,
United Kingdom
|
+$238M |
| 5 |
BlackRock
New York
|
+$184M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$572M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$478M |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$452M |
| 4 |
Amundi
Paris,
France
|
-$366M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$307M |
PEP Hedge Fund Activity: Q2 2023 in Review
3,211 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in PepsiCo (PEP) for Q2 2023, worth a combined $185B — up 1.3% from $183B a quarter earlier.
Buyers outnumbered sellers: 161 funds opened new PEP positions and 94 closed out — a net gain of 67 holders — while 1,270 added to existing stakes and 1,383 trimmed.
The largest buyer was Fisher Asset Management, adding an estimated $821M. The largest seller was Bank of America, cutting an estimated $572M.
- 3,211 institutional investors held PepsiCo (PEP) as of Q2 2023, up from 3,170 in Q1 2023.
- Funds reported $185B of PepsiCo stock for Q2 2023, up 1.3% quarter-over-quarter.
- 161 funds opened new PepsiCo positions in Q2 2023 and 94 closed out, a net change of +67 holders.
- The largest PepsiCo buyer in Q2 2023 was Fisher Asset Management, an estimated $821M added.
- The largest PepsiCo seller in Q2 2023 was Bank of America, an estimated $572M sold.
Based on aggregated 13F filings for Q2 2023.