Terry Smith - Fundsmith
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    34
Portfolio value:    $12,827,766,987
Holdings Activity Buys Sells    History
Holding/activity history for  PepsiCo, Inc. (PEP)
← All PEP superinvestors
Period Shares % of Portfolio Activity % Change to Portfolio Price Value Filing
2025   Q1 0 0.00 Sell 100.00% 3.67 $127.75–160.15 · VW $139.78i SEC
2024   Q4 5,663,677 3.67 Reduce 1.33% 0.05 $141.51–163.65 · VW $152.88i $861,218,725 SEC
2024   Q3 5,739,988 3.86 Reduce 0.37% 0.01 $155.85–179.73 · VW $166.34i $976,084,959 SEC
2024   Q2 5,761,087 3.87 Reduce 1.45% 0.06 $158.03–180.91 · VW $170.61i $950,176,079 SEC
2024   Q1 5,845,947 4.00 Reduce 11.83% 0.56 $161.81–183.41 · VW $172.71i $1,023,099,184 SEC
2023   Q4 6,630,366 4.71 Reduce 0.13% <0.01 $164.36–175.20 · VW $168.30i $1,126,101,361 SEC
2023   Q3 6,639,272 5.11 Reduce 0.09% <0.01 $155.83–181.82 · VW $168.65i $1,124,958,248 SEC
2023   Q2 6,644,967 5.16 Reduce 0.20% 0.01 $175.31–192.38 · VW $181.87i $1,230,780,788 SEC
2023   Q1 6,658,537 5.24 Add 0.02% <0.01 $169.12–196.88 · VW $182.78i $1,213,851,295 SEC
2022   Q4 6,657,120 5.49 Reduce 6.82% 0.38 $167.05–186.84 · VW $175.81i $1,202,675,299 SEC
2022   Q3 7,144,313 5.54 Add 0.10% <0.01 $160.98–186.62 · VW $177.70i $1,166,381,000 SEC
2022   Q2 7,137,026 5.25 Reduce 8.59% 0.39 $154.86–181.07 · VW $169.40i $1,189,457,000 SEC
2022   Q1 7,807,921 4.49 Reduce 25.06% 1.11 $153.37–177.62 · VW $166.25i $1,306,890,000 SEC
2021   Q4 10,418,202 4.42 Add 3.23% 0.14 $159.83–177.24 · VW $166.94i $1,809,746,000 SEC
2021   Q3 10,092,652 4.20 Add 0.05% <0.01 $149.48–166.80 · VW $158.69i $1,518,036,000 SEC
2021   Q2 10,087,220 4.14 Add 0.54% 0.02 $144.61–159.63 · VW $153.54i $1,494,623,000 SEC
2021   Q1 10,033,062 4.51 Add 3.98% 0.17 $128.32–148.77 · VW $141.68i $1,419,177,000 SEC
2020   Q4 9,648,806 4.74 Add 8.28% 0.36 $128.57–148.77 · VW $135.51i $1,430,918,000 SEC
2020   Q3 8,911,181 4.82 Add 1.41% 0.07 $129.36–146.57 · VW $140.05i $1,235,090,000 SEC
2020   Q2 8,787,703 5.07 Add 9.91% 0.46 $126.53–141.02 · VW $135.87i $1,162,262,000 SEC
2020   Q1 7,995,065 5.40 Reduce 5.60% 0.31 $101.42–142.71 · VW $125.23i $960,207,000 SEC
2019   Q4 8,469,394 5.47 Add 2.18% 0.12 $128.35–147.20 · VW $135.86i $1,157,512,000 SEC
2019   Q3 8,289,105 5.81 Add 0.17% <0.01 $131.59–140.45 · VW $135.96i $1,136,436,000 SEC
2019   Q2 8,275,341 5.65 Add 0.07% <0.01 $123.88–137.11 · VW $132.57i $1,085,145,000 SEC
2019   Q1 8,269,554 5.76 Add 1.22% 0.07 $114.26–130.90 · VW $124.39i $1,013,434,000 SEC
2018   Q4 8,170,141 5.80 $111.80 $913,422,000 SEC
2018   Q3 8,170,141 6.13 Add 6.36% 0.37 $104.53–122.00 · VW $116.16i $913,422,000 SEC
2018   Q2 7,681,927 6.22 Add 16.68% 0.89 $99.65–118.44 · VW $110.03i $836,330,000 SEC
2018   Q1 6,583,613 5.92 Add 13.44% 0.70 $95.94–113.90 · VW $103.36i $718,601,000 SEC
2017   Q4 5,803,600 5.97 Add 4.38% 0.25 $107.94–122.51 · VW $113.39i $695,967,000 SEC
2017   Q3 5,560,322 6.02 Add 4.22% 0.24 $106.19–117.38 · VW $113.36i $621,700,000 SEC
2017   Q2 5,334,959 6.46 Reduce 0.66% 0.05 $112.25–119.39 · VW $115.79i $616,134,000 SEC
2017   Q1 5,370,205 6.98 Add 7.59% 0.49 $108.47–118.12 · VW $114.49i $600,711,000 SEC
2016   Q4 4,991,525 6.90 Add 8.45% 0.54 $98.50–110.60 · VW $106.49i $524,060,000 SEC
2016   Q3 4,602,811 8.28 Add 30.02% 1.91 $100.10–109.71 · VW $103.30i $500,648,000 SEC
2016   Q2 3,540,086 6.16 Add 13.61% 0.74 $100.30–110.94 · VW $106.00i $375,037,000 SEC
2016   Q1 3,115,986 6.87 Add 0.93% 0.06 $97.54–106.94 · VW $101.88i $319,326,000 SEC
2015   Q4 3,087,414 7.75 Add 4.12% 0.31 $93.25–101.70 · VW $97.59i $308,494,000 SEC
2015   Q3 2,965,356 8.53 Add 15.38% 1.14 $90.43–103.44 · VW $98.01i $279,633,000 SEC
2015   Q2 2,570,158 7.55 Add 18.43% 1.17 $76.48–100.61 · VW $90.01i $239,899,000 SEC
2015   Q1 2,170,265 7.74 Add 10.28% 0.72 $92.24–99.30 · VW $95.99i $207,521,000 SEC
2014   Q4 1,967,897 6.63 Add 4.31% 0.27 $92.43–100.76 · VW $97.39i $186,084,000 SEC
2014   Q3 1,886,556 7.51 $93.09 $175,619,000 SEC
2014   Q2 1,886,556 9.00 Add 17.22% 1.32 $86.71–93.51 · VW $90.90i $168,545,000 SEC
2014   Q1 1,609,367 8.31 Add 30.85% 1.96 $79.10–88.48 · VW $85.30i $134,382,000 SEC
2013   Q4 1,229,894 7.46 Add 7.06% 0.49 $77.01–84.52 · VW $80.53i $102,007,000 SEC
2013   Q3 1,148,821 7.10 Add 17.45% 1.05 $78.32–86.73 · VW $83.17i $91,331,000 SEC
2013   Q2 978,146 5.62 Add 15.79% 0.77 $78.20–87.06 · VW $81.66i $80,003,000 SEC
2013   Q1 844,789 6.27 Add 42.91% 1.88 $75.37–84.78 · VW $80.31i $66,143,000 SEC
2012   Q4 591,148 6.44 $68.43 $40,452,000 SEC
Price snapshot:
Current price$138.49
52-week low$128.66
52-week high$168.19