§ BEVERAGES
USD · Beverages

PEP

PEPSICO INC
· USDSector · BeveragesMarket cap · $214577.72TBeta · 0.42
LAST · MARKET CLOSE
144.98
+1.69 ▲ 1.18%PREV CLOSE · $143.29
§ 01 · PRICE
Price action
1D5D1M6MYTD1YMAX
OPEN 146.99HIGH 149.04LOW 144.54VOL 0AVG VOL 52W 127.60 — 171.48
EVENTSTODAY · AC · HOLD
§ 02 · AC TAKE
Where we stand
HOLDLAST UPDATED TODAY

The ownership structure here tells an interesting story about what kind of stock PEP has become.

The institutional pressure score sitting at dead neutral (0.00) and the market regime score essentially flat (0.01) indicate there's no discernible directional tilt from the smart-money flow data right now. A P/E of 26x for a business growing at low-to-mid single digits is neither obviously cheap nor screaming expensive — it's the kind of valuation that tends to attract exactly the quality-compounder crowd already sitting in it. One important flag on the data itself: 13F filings — the source for institutional ownership figures — are filed up to 45 to 90 days after the fact, meaning what looks like current positioning is actually a rearview mirror snapshot. Markets move faster than regulatory reporting cycles. The market cap figure in the data feed also appears corrupted (showing a nonsensical $214 quadrillion), so treat any metrics derived from that with appropriate skepticism. None of this data predicts where PEP goes from here — it describes where things stood, not where they're heading.

CONVICTION
60/100
TIME HORIZON
6M
Read the full note →

§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY

13F FLOW
2718 increased/new, 1861 decreased/exited (13F)
AC 13F Analysis
INSIDER
No recent filings
SHORT INT
FINRA · bi-monthly
OPTIONS SKEW
CBOE · 30d
ANALYST
13 buy, 15 hold, 1 sell
Finnhub
CROWDING
Ownership percentile

§ 04 · FUNDAMENTALS · THE BOOKS

P/E26.0P/S
EV/EBITDAP/B9.67
Revenue (TTM)Rev YoY
Gross marginOp margin
Net incomeFCF
CashDebt
Dividend3.72%Buybacks 1Y
AC INTELLIGENCE

The ownership structure here tells an interesting story about what kind of stock PEP has become. Passive index funds account for 25.5% of the behavioral ownership breakdown, which is roughly what you'd expect from a large-cap staples name that sits in practically every major index. What's notable is the 25.4% sitting in the "other unclassified" bucket — that's a meaningful chunk of ownership the data simply can't characterize cleanly, which limits how much weight you should put on the behavioral analysis overall. Quality compounder funds hold 10.4%, consistent with PepsiCo's long-standing reputation as a steady, cash-generative business, while income and defensive-oriented strategies together add another 1.9%. The near-absence of growth and momentum money (0.1%) and deep value (0.3%) suggests neither camp finds it particularly compelling at current levels.

§ 05 · WHO OWNS IT
Top institutional holders
All holders →
FundShares% portΔ Q/Q
Vanguard Group124.6M0.3%
State Street59.4M0.3%
BlackRock, Inc.45.5M0.1%
Geode Capital Management29.5M0.3%+657%
BlackRock, Inc.28.6M0.1%
Charles Schwab Investment Mgmt28.1M0.6%+1%
AC INTELLIGENCE

Top institutional owners for PEP as of the most recent 13F window (Dec 2025). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.

§ 06 · WHO OWNS IT · BY STRATEGY

OTHER21.5% · 0 holders
PASSIVE / INDEX25.5% · 11 holders
OTHER25.4% · 3,282 holders
DEALER / BANK12.9% · 38 holders
QUALITY / COMPOUNDER10.4% · 46 holders
INCOME / DEFENSIVE1.9% · 27 holders
SYSTEMATIC / QUANT1.0% · 15 holders
TACTICAL / MACRO0.9% · 7 holders
DEEP VALUE0.3% · 6 holders
ACTIVIST0.1% · 1 holder
GROWTH / MOMENTUM0.1% · 2 holders
AC INTELLIGENCE

Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.

§ 07 · INSIDER ACTIVITY · LAST 180 DAYS

NO INSIDER FILINGS
AC INTELLIGENCE

No Form 4 filings on record for PEP in the last 180 days.

§ 08 · COVERAGE · OUR RECENT NOTES