Historical position

Nelson Peltz’s PepsiCo (PEP) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Trian Fund ManagementVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ3 2011Earliest verified positive filing snapshot
Latest statusHistorical positionBased on the latest supported relationship state
Peak shares18.32MHighest verified quarter-end share count
Quarters reported13Verified quarters with shares above zero
What happened?

Trian Fund Management first reported PepsiCo in Q3 2011. The reported position was increased across later filings. Verified positive position history runs through Q4 2015. The current relationship status cannot be determined reliably from supported data.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q1 2016
Sold the entire position−18.32M shares · No shares reported at quarter-end
Q1 2015
Bought 2.5% more+450.38K shares · 18.32M shares reported after the change
Filing context

Quarter-end price $95.62 · Estimated holding basis $83.63

Q3 2014
Bought 38.1% more+4.93M shares · 17.87M shares reported after the change
Filing context

Quarter-end price $93.09 · Estimated holding basis $83.33

Q2 2014
Bought 4.2% more+517.11K shares · 12.94M shares reported after the change
Filing context

Quarter-end price $89.34 · Estimated holding basis $79.62

Q1 2014
Bought 0.6% more+73.00K shares · 12.42M shares reported after the change
Filing context

Quarter-end price $83.50 · Estimated holding basis $79.21

Q4 2013
Bought 0.6% more+78.50K shares · 12.35M shares reported after the change
Filing context

Quarter-end price $82.94 · Estimated holding basis $79.19

5 unchanged quarters are collapsed by default.

Portfolio importance

How important was PepsiCo in Trian Fund Management’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight14.8%Q4 2015
Last reported rank#3of 10 reported positions
Peak portfolio weight21.9%Q3 2014
Best historical rank#1Q3 2014
At peak importanceQ3 2014
PEP
21.9%
Largest holding
21.9%
Cross-investor discovery

Who else owns PepsiCo?

Also reported by 3 other tracked investors in their latest verified filings.

Joel GreenblattGotham Asset Management
PEP0.1% of reported portfolio
Ray DalioBridgewater Associates, LP
PEP0.1% of reported portfolio
Tom RussoGardner Russo & Quinn · formerly Gardner Russo & Gardner
PEP0.0% of reported portfolio
Explore PepsiCo across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$136.322026-09-11

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-12
Open SEC filing ↗

View PepsiCo stock page →

This tracker follows Trian Fund Management, L.P.’s Form 13F disclosures—not Nelson Peltz’s personal brokerage account. Form 13F reports quarter-end U.S.-listed positions and certain options, but it does not reveal exact trade dates, execution prices, short positions or the purpose of an option position.