Lindsell Train (Nick Train) — PEP Trade History
Quarter-by-quarter changes in the PEPSICO INC position · CUSIP 713448108
Currently held · >10 YearsFirst seen: 2016 Q3
| Quarter | Filed | Activity | Shares | Δ Shares | Δ % | Value | % Port. |
|---|---|---|---|---|---|---|---|
| 2026 Q2 | 2026-07-15 | Reduce | 1,023,706 | -253,479 | -19.8% | $138.6M | 5.27% |
| 2026 Q1 | 2026-04-24 | Reduce | 1,277,185 | -524,786 | -29.1% | $198.3M | 6.32% |
| 2025 Q4 | 2026-02-11 | Reduce | 1,801,971 | -399,700 | -18.2% | $258.6M | 6.56% |
| 2025 Q3 | 2025-11-12 | Reduce | 2,201,671 | -225,539 | -9.3% | $309.2M | 7.58% |
| 2025 Q2 | 2025-08-08 | Reduce | 2,427,210 | -27,027 | -1.1% | $320.5M | 7.55% |
| 2025 Q1 | 2025-05-15 | Reduce | 2,454,237 | -102,100 | -4.0% | $368.0M | 10.18% |
| 2024 Q4 | 2025-01-21 | Reduce | 2,556,337 | -213,274 | -7.7% | $388.7M | 9.72% |
| 2024 Q3 | 2024-10-17 | Reduce | 2,769,611 | -33,700 | -1.2% | $471.0M | 10.63% |
| 2024 Q2 | 2024-07-23 | Reduce | 2,803,311 | -213,470 | -7.1% | $469.2M | 10.83% |
| 2024 Q1 | 2024-05-10 | Reduce | 3,016,781 | -229,929 | -7.1% | $523.7M | 11.01% |
| 2023 Q4 | 2024-02-13 | Reduce | 3,246,710 | -75,500 | -2.3% | $551.5M | 10.70% |
| 2023 Q3 | 2023-11-09 | Reduce | 3,322,210 | -76,000 | -2.2% | $562.9M | 11.30% |
| 2023 Q2 | 2023-08-14 | Reduce | 3,398,210 | -210,300 | -5.8% | $629.3M | 11.21% |
| 2023 Q1 | 2023-05-12 | Add | 3,608,510 | 45,400 | +1.3% | $657.8M | 11.47% |
| 2022 Q4 | 2023-01-27 | Reduce | 3,563,110 | -161,750 | -4.3% | $643.7M | 12.23% |
| 2022 Q3 | 2022-11-14 | Reduce | 3,724,860 | -120,000 | -3.1% | $608.3M | 12.36% |
| 2022 Q2 | 2022-08-11 | Reduce | 3,844,860 | -684,000 | -15.1% | $640.9M | 12.57% |
| 2022 Q1 | 2022-05-11 | Reduce | 4,528,860 | -416,750 | -8.4% | $757.9M | 11.94% |
| 2021 Q4 | 2022-02-14 | Reduce | 4,945,610 | -684,700 | -12.2% | $859.1M | 12.45% |
| 2021 Q3 | 2021-11-12 | Reduce | 5,630,310 | -300,000 | -5.1% | $846.9M | 11.69% |
| 2021 Q2 | 2021-08-13 | Add | 5,930,310 | 137,000 | +2.4% | $878.7M | 11.36% |
| 2021 Q1 | 2021-05-12 | Add | 5,793,310 | 664,286 | +13.0% | $819.5M | 11.55% |
| 2020 Q4 | 2021-02-12 | Add | 5,129,024 | 135,200 | +2.7% | $760.6M | 11.04% |
| 2020 Q3 | 2020-11-12 | Add | 4,993,824 | 40,500 | +0.8% | $692.1M | 11.24% |
| 2020 Q2 | 2020-08-13 | Add | 4,953,324 | 511,100 | +11.5% | $655.1M | 10.91% |
| 2020 Q1 | 2020-05-14 | Reduce | 4,442,224 | -511,000 | -10.3% | $533.5M | 11.38% |
| 2019 Q4 | 2020-01-29 | Add | 4,953,224 | 203,678 | +4.3% | $677.0M | 10.84% |
| 2019 Q3 | 2019-10-18 | Add | 4,749,546 | 196,363 | +4.3% | $651.3M | 11.00% |
| 2019 Q2 | 2019-08-02 | Add | 4,553,183 | 290,000 | +6.8% | $596.6M | 10.13% |
| 2019 Q1 | 2019-05-02 | Add | 4,263,183 | 702,000 | +19.7% | $522.3M | 10.11% |
| 2018 Q4 | 2019-02-11 | Reduce | 3,561,183 | -110,000 | -3.0% | $393.4M | 9.51% |
| 2018 Q3 | 2018-10-24 | Add | 3,671,183 | 198,183 | +5.7% | $410.4M | 9.30% |
| 2018 Q2 | 2018-08-03 | Add | 3,473,000 | 298,000 | +9.4% | $378.1M | 9.37% |
| 2018 Q1 | 2018-05-15 | Add | 3,175,000 | 583,000 | +22.5% | $346.6M | 9.16% |
| 2017 Q4 | 2018-02-12 | Add | 2,592,000 | 208,000 | +8.7% | $310.8M | 8.94% |
| 2017 Q3 | 2017-10-31 | Add | 2,384,000 | 399,000 | +20.1% | $265.6M | 8.95% |
| 2017 Q2 | 2017-07-31 | Add | 1,985,000 | 260,000 | +15.1% | $229.2M | 8.90% |
| 2017 Q1 | 2017-05-08 | Add | 1,725,000 | 77,500 | +4.7% | $193.0M | 8.42% |
| 2016 Q4 | 2017-02-10 | Add | 1,647,500 | 356,850 | +27.6% | $172.4M | 8.47% |
| 2016 Q3 | 2016-10-31 | New | 1,290,650 | 1,290,650 | — | $136.7M | 7.45% |
Share counts are split-adjusted. Time held counts consecutive quarters ending with the latest filing; more than ten years shows as ">10 Years".
13F data shows quarter-end positions, is delayed by up to 45 days and covers only long positions in US-listed securities; short positions, most derivatives and non-US assets are not reported.