- Quarter end
- 31 Dec 2023
- the date the book describes
- Filed
- 5 Nov 2026
- latest of these filings; the earliest 26 Jan 2024
- Managers listing it
- 29
- at least, of 95 tracked, among listed positions
- Comparable managers
- 93
- filed both Q3 2023 and Q4 2023; 28 listed it in both
- Shares listed
- 72,021,191
- combined, among listed positions
- Reported value
- $12.2bn
- combined, at the quarter end
Among the 93 comparable managers: 11 buyers (opened or added shares) and 18 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.
Managers listing PEP in Q4 2023
29 of 29 holders
Largest increases and reductions, by shares
Increases
- MFS Investment Managementexisting position · 8,421,163 shares now+1,105,127
- Arrowstreet Capital LPexisting position · 2,649,845 shares now+1,059,185
- Invesco Ltdexisting position · 8,413,232 shares now+442,108
- Susquehanna International Group LLPexisting position · 989,513 shares now+216,280
- ExodusPoint Capital Management LPexisting position · 222,244 shares now+187,814
Reductions
- Capital Research Global Investorsexisting position · 11,557,239 shares now-2,313,680
- Fidelity (FMR LLC)existing position · 8,137,120 shares now-2,125,375
- Neuberger Berman Group LLCexisting position · 733,506 shares now-1,369,126
- T. Rowe Price Associates Incexisting position · 8,750,442 shares now-1,205,100
- Man Group PLCexisting position · 684,888 shares now-601,871
New positions and exits
New (1)
- Artisan Partners LP$7.2m
Exited (2)
- Element Capital Management LLCwas $24m
- Moore Capital Management LPwas $5.9m
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2013 | 24 | $14.1bn | n.a. | n.a. |
| Q3 2013 | 28 | $13.3bn | n.a. | n.a. |
| Q4 2013 | 31 | $12.5bn | n.a. | n.a. |
| Q1 2014 | 30 | $12.1bn | n.a. | n.a. |
| Q2 2014 | 28 | $12.7bn | n.a. | n.a. |
| Q3 2014 | 27 | $12.8bn | n.a. | n.a. |
| Q4 2014 | 31 | $12.4bn | n.a. | n.a. |
| Q1 2015 | 34 | $11.0bn | n.a. | n.a. |
| Q2 2015 | 34 | $11.1bn | n.a. | n.a. |
| Q3 2015 | 30 | $10.5bn | n.a. | n.a. |
| Q4 2015 | 31 | $11.0bn | n.a. | n.a. |
| Q1 2016 | 36 | $10.1bn | n.a. | n.a. |
| Q2 2016 | 36 | $10.4bn | n.a. | n.a. |
| Q3 2016 | 34 | $11.2bn | n.a. | n.a. |
| Q4 2016 | 29 | $10.0bn | n.a. | n.a. |
| Q1 2017 | 24 | $11.4bn | n.a. | n.a. |
| Q2 2017 | 26 | $12.3bn | n.a. | n.a. |
| Q3 2017 | 31 | $11.3bn | n.a. | n.a. |
| Q4 2017 | 29 | $12.7bn | n.a. | n.a. |
| Q1 2018 | 35 | $12.8bn | n.a. | n.a. |
| Q2 2018 | 27 | $11.6bn | n.a. | n.a. |
| Q3 2018 | 29 | $12.0bn | n.a. | n.a. |
| Q4 2018 | 27 | $12.0bn | n.a. | n.a. |
| Q1 2019 | 31 | $13.8bn | n.a. | n.a. |
| Q2 2019 | 30 | $14.5bn | n.a. | n.a. |
| Q3 2019 | 28 | $14.8bn | n.a. | n.a. |
| Q4 2019 | 28 | $12.1bn | n.a. | n.a. |
| Q1 2020 | 35 | $11.1bn | n.a. | n.a. |
| Q2 2020 | 29 | $11.4bn | n.a. | n.a. |
| Q3 2020 | 32 | $11.3bn | n.a. | n.a. |
| Q4 2020 | 26 | $11.2bn | n.a. | n.a. |
| Q1 2021 | 32 | $11.5bn | n.a. | n.a. |
| Q2 2021 | 31 | $12.5bn | n.a. | n.a. |
| Q3 2021 | 28 | $12.9bn | n.a. | n.a. |
| Q4 2021 | 27 | $15.2bn | n.a. | n.a. |
| Q1 2022 | 33 | $14.9bn | n.a. | n.a. |
| Q2 2022 | 36 | $15.0bn | n.a. | n.a. |
| Q3 2022 | 39 | $14.6bn | n.a. | n.a. |
| Q4 2022 | 34 | $15.0bn | n.a. | n.a. |
| Q1 2023 | 35 | $16.3bn | n.a. | n.a. |
| Q2 2023 | 34 | $15.5bn | n.a. | n.a. |
| Q3 2023 | 33 | $13.4bn | n.a. | n.a. |
| Q4 2023 | 29 | $12.2bn | 11 | 18 |
| Q1 2024 | 32 | $13.0bn | 16 | 16 |
| Q2 2024 | 28 | $12.4bn | 14 | 16 |
| Q3 2024 | 25 | $12.4bn | 12 | 12 |
| Q4 2024 | 32 | $10.8bn | 17 | 13 |
| Q1 2025 | 31 | $10.6bn | 20 | 9 |
| Q2 2025 | 32 | $9.5bn | 18 | 12 |
| Q3 2025 | 35 | $9.7bn | 19 | 15 |
| Q4 2025 | 34 | $14.8bn | 20 | 23 |
| Q1 2026 | 31 | $15.3bn | 17 | 27 |
| Q2 2026 | 30 | $13.5bn | 24 | 17 |
Compare with…
Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.
PEP and PM →PEP and KO →PEP and COST →Choose a stock to compare with PEP →
How much of the picture this is
A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.
Which funds own PEP, latest filings →Back to the 13F Explorer →