NASDAQ · Consumer Staples

PEPSICO INC PEP

PepsiCo, Inc. engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through six segments: PepsiCo Foods North America; PepsiCo Beverages North America; International Beverages Franchise; Europe, Middle East and Africa; Latin America Foods; and Asia Pacific Foods.

Beverages / Snacks

Company profile

Business mix

  • The company operates through six segments: PepsiCo Foods North America; PepsiCo Beverages North America; International Beverages Franchise; Europe, Middle East and Africa; Latin America Foods; and Asia Pacific Foods.
  • It offers cereals, chips, dips, granola bars, oatmeal, pasta, rice, and syrups and mixes; refrigerated dips and spreads; beverage concentrates, fountain syrups, and finished goods; and ready-to-drink tea and coffee products.
  • The company also provides SodaStream sparkling water makers and related products, as well as various dairy products under the Agusha, Chudo, and Domik v Derevne brands.
  • It serves wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, hard discounters, e-commerce retailers and authorized independent bottlers.

Current key questions

  • Can consumer demand, pricing, traffic, and channel execution support growth in beverages - non-alcoholic?
  • How do input costs, promotions, inventory, and brand strength affect margins?
  • Does management convert scale, store or digital reach, and capital allocation into higher per-share value?
Holders 1 Current sample portfolio
Public mentions 1 Videos / interviews / letters
Valuation snapshot
PE 22.28 FCF 4.56% Buyback 0.38%
2026-06-07

Current firm holders

Firm Weight Value Filing period
Lindsell Train Nick Train 5.3% $138.6M 2026-06-30

Recent trading changes over the last 3 quarters

Net buyers 1 Last 3 13F filing periods
Net reducers 2 Last 3 13F filing periods
Unchanged holders 1 Share count unchanged
Increase amount $164.8M Estimated from net added shares
Reduction amount $171.8M Estimated from net reduced shares
Net share change / base shares -4.5% -196,080 / 4,405,273
Lindsell Train Nick Train 3 filing periods
13F 2025-12-31 Filed 2026-02-11
Major reduction Shares -18.2% 13F value change -$50.6M
13F 2026-03-31 Filed 2026-04-24
Major reduction Shares -29.1% 13F value change -$60.3M
13F 2026-06-30 Filed 2026-07-15
Major reduction Shares -19.8% 13F value change -$59.7M
Settlement As of 13F 2026-06-30 · Filed 2026-07-15
Base shares 2,201,671 Last 3 periods -1,177,965 (-53.5%) Total shares 1,023,706 Value $138.6M
GQG Partners Rajiv Jain 1 filing periods
13F 2026-03-31 Filed 2026-05-12
New Shares - 13F value change +$164.8M
Settlement As of 13F 2026-03-31 · Filed 2026-05-12
Base shares 0 Last 3 periods +1,061,310 (New) Total shares 1,061,310 Value $164.8M
Markel Group Tom Gayner 3 filing periods
13F 2025-09-30 Filed 2025-10-31
Unchanged Shares 0.0% 13F value change $0
13F 2025-12-31 Filed 2026-02-06
Unchanged Shares 0.0% 13F value change $0
13F 2026-03-31 Filed 2026-05-01
Unchanged Shares 0.0% 13F value change $0
Settlement As of 13F 2026-03-31 · Filed 2026-05-01
Base shares 96,210 Last 3 periods +0 (0.0%) Total shares 96,210 Value $14.9M
Yacktman Asset Management Stephen Yacktman 3 filing periods
13F 2025-09-30 Filed 2025-11-04
Minor reduction Shares -2.2% 13F value change +$11.1M
13F 2025-12-31 Filed 2026-02-03
Minor reduction Shares -1.5% 13F value change +$1.8M
13F 2026-03-31 Filed 2026-05-01
Minor reduction Shares -0.0% 13F value change +$23.8M
Settlement As of 13F 2026-03-31 · Filed 2026-05-01
Base shares 2,107,392 Last 3 periods -79,425 (-3.8%) Total shares 2,027,967 Value $314.9M

Recent mentions

Fundsmith Equity Fund 2025 Semi-Annual Letter

Fundsmith · Terry Smith

2025 semi-annual letter disclosed Fundsmith’s first half portfolio adjustments: began to accumulate Zoetis, Intuit, EssilorLuxottica, and sold PepsiCo and Brown-Forman.

Shareholder letter / fund letter

Mentioned by firms