Jeremy Grantham's PEP Position Overview
Jeremy Grantham (via Grantham, Mayo, Van Otterloo & Co. LLC) currently holds 99,044 shares of PepsiCo, Inc. (PEP) worth $14.21 M, representing 0.04% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Jeremy Grantham has maintained a long-term strategic position in PEP, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2015, adding 1.15 M shares. Largest reduction occurred in Q1 2014, reducing 4.2 M shares.
Analysis based on 13F filings available since 2013 Q2
Jeremy Grantham's PepsiCo (PEP) Holding Value Over Time
Track share changes against reported price movement
Quarterly PepsiCo (PEP) Trades by Jeremy Grantham
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +38,796 | Add 64.39% | 99,044 | $143.52 |
| Q3 2025 | +3,485 | Add 6.14% | 60,248 | $140.44 |
| Q2 2025 | +10,882 | Add 23.72% | 56,763 | $132.04 |
| Q1 2025 | +35,843 | Add 357.07% | 45,881 | $149.94 |
| Q4 2024 | +1,781 | Add 21.57% | 10,038 | $152.06 |
| Q3 2024 | +5,606 | Add 211.47% | 8,257 | $170.05 |
| Q2 2024 | +2,651 | New Buy | 2,651 | $164.93 |
| Q1 2024 | -2,006 | Sold Out | 0 | $0.00 |
| Q4 2023 | -19,504 | Reduce 90.67% | 2,006 | $169.84 |
| Q3 2023 | -264 | Reduce 1.21% | 21,510 | $169.44 |
| Q2 2023 | -16,414 | Reduce 42.98% | 21,774 | $185.22 |
| Q1 2023 | -900 | Reduce 2.30% | 38,188 | $182.30 |
| Q4 2022 | +7,300 | Add 22.96% | 39,088 | $180.66 |
| Q3 2022 | -123,365 | Reduce 79.51% | 31,788 | $163.27 |
| Q2 2022 | -16,622 | Reduce 9.68% | 155,153 | $166.66 |
| Q1 2022 | -55,662 | Reduce 24.47% | 171,775 | $167.38 |
| Q4 2021 | +85,690 | Add 60.45% | 227,437 | $173.71 |
| Q3 2021 | +70,198 | Add 98.11% | 141,747 | $150.41 |
| Q2 2021 | -113,781 | Reduce 61.39% | 71,549 | $148.16 |
| Q1 2021 | +52,100 | Add 39.11% | 185,330 | $141.45 |
| Q4 2020 | -20,100 | Reduce 13.11% | 133,230 | $148.30 |
| Q3 2020 | +51,100 | Add 49.99% | 153,330 | $138.60 |
| Q2 2020 | -53,200 | Reduce 34.23% | 102,230 | $132.26 |
| Q1 2020 | +51,205 | Add 49.13% | 155,430 | $120.10 |
| Q4 2019 | -47,273 | Reduce 31.20% | 104,225 | $136.67 |
| Q3 2019 | -386,268 | Reduce 71.83% | 151,498 | $137.10 |
| Q2 2019 | +97,648 | Add 22.19% | 537,766 | $131.13 |
| Q1 2019 | -142,825 | Reduce 24.50% | 440,118 | $122.55 |
| Q4 2018 | -1,674 | Reduce 0.29% | 582,943 | $110.48 |
| Q3 2018 | -81,400 | Reduce 12.22% | 584,617 | $111.80 |
| Q2 2018 | -96,452 | Reduce 12.65% | 666,017 | $108.87 |
| Q1 2018 | +10,300 | Add 1.37% | 762,469 | $109.15 |
| Q4 2017 | -297,704 | Reduce 28.36% | 752,169 | $119.92 |
| Q3 2017 | -112,267 | Reduce 9.66% | 1.05 M | $111.43 |
| Q2 2017 | +14,329 | Add 1.25% | 1.16 M | $115.49 |
| Q1 2017 | +331,860 | Add 40.67% | 1.15 M | $111.86 |
| Q4 2016 | -835,728 | Reduce 50.60% | 815,951 | $104.63 |
| Q3 2016 | -294,545 | Reduce 15.13% | 1.65 M | $108.77 |
| Q2 2016 | +313,683 | Add 19.21% | 1.95 M | $105.94 |
| Q1 2016 | -393,346 | Reduce 19.42% | 1.63 M | $102.48 |
| Q4 2015 | -26,375 | Reduce 1.29% | 2.03 M | $99.92 |
| Q3 2015 | -553,700 | Reduce 21.25% | 2.05 M | $94.30 |
| Q2 2015 | +1.15 M | Add 78.78% | 2.61 M | $93.34 |
| Q1 2015 | -1.27 M | Reduce 46.56% | 1.46 M | $95.62 |
| Q4 2014 | -1.35 M | Reduce 33.09% | 2.73 M | $94.56 |
| Q3 2014 | -1.54 M | Reduce 27.45% | 4.08 M | $93.09 |
| Q2 2014 | -2.41 M | Reduce 30.02% | 5.62 M | $89.34 |
| Q1 2014 | -4.2 M | Reduce 34.36% | 8.03 M | $83.50 |
| Q4 2013 | -1.32 M | Reduce 9.74% | 12.23 M | $82.94 |
| Q3 2013 | -1.18 M | Reduce 7.99% | 13.55 M | $79.50 |
| Q2 2013 | +14.73 M | Add 0.00% | 14.73 M | $81.79 |
Jeremy Grantham's PepsiCo Investment FAQs
Jeremy Grantham first purchased PepsiCo, Inc. (PEP) in Q2 2013, acquiring 14,729,864 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham has held PepsiCo, Inc. (PEP) for 51 quarters since Q2 2013.
Jeremy Grantham's largest addition to PepsiCo, Inc. (PEP) was in Q2 2013, adding 14,729,864 shares worth $1.2 B.
According to the latest 13F filing for Q4 2025, Jeremy Grantham's firm, Grantham, Mayo, Van Otterloo & Co. LLC, owns 99,044 shares of PepsiCo, Inc. (PEP), valued at approximately $14.21 M.
As of the Q4 2025 filing, PepsiCo, Inc. (PEP) represents approximately 0.04% of Jeremy Grantham's publicly disclosed stock portfolio, making it one of their key holdings.
Jeremy Grantham's peak holding in PepsiCo, Inc. (PEP) was 14,729,864 shares, as reported at the end of Q2 2013.