Terry Smith - Fundsmith LLP
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)
Period Shares % of Portfolio Activity % Change to Portfolio Reported Price Value Filing
2025   Q1 0 0.00 Sell 100.00% 3.67 SEC
2024   Q4 5,663,677 3.67 Reduce 1.33% 0.05 $152.06 $861,218,725 SEC
2024   Q3 5,739,988 3.86 Reduce 0.37% 0.01 $170.05 $976,084,959 SEC
2024   Q2 5,761,087 3.87 Reduce 1.45% 0.06 $164.93 $950,176,079 SEC
2024   Q1 5,845,947 4.00 Reduce 11.83% 0.56 $175.01 $1,023,099,184 SEC
2023   Q4 6,630,366 4.71 Reduce 0.13% <0.01 $169.84 $1,126,101,361 SEC
2023   Q3 6,639,272 5.11 Reduce 0.09% <0.01 $169.44 $1,124,958,248 SEC
2023   Q2 6,644,967 5.16 Reduce 0.20% 0.01 $185.22 $1,230,780,788 SEC
2023   Q1 6,658,537 5.24 Add 0.02% <0.01 $182.30 $1,213,851,295 SEC
2022   Q4 6,657,120 5.49 Reduce 6.82% 0.38 $180.66 $1,202,675,299 SEC
2022   Q3 7,144,313 5.54 Add 0.10% <0.01 $163.26 $1,166,381,000 SEC
2022   Q2 7,137,026 5.25 Reduce 8.59% 0.39 $166.66 $1,189,457,000 SEC
2022   Q1 7,807,921 4.49 Reduce 25.06% 1.11 $167.38 $1,306,890,000 SEC
2021   Q4 10,418,202 4.42 Add 3.23% 0.14 $173.71 $1,809,746,000 SEC
2021   Q3 10,092,652 4.20 Add 0.05% <0.01 $150.41 $1,518,036,000 SEC
2021   Q2 10,087,220 4.14 Add 0.54% 0.02 $148.17 $1,494,623,000 SEC
2021   Q1 10,033,062 4.51 Add 3.98% 0.17 $141.45 $1,419,177,000 SEC
2020   Q4 9,648,806 4.74 Add 8.28% 0.36 $148.30 $1,430,918,000 SEC
2020   Q3 8,911,181 4.82 Add 1.41% 0.07 $138.60 $1,235,090,000 SEC
2020   Q2 8,787,703 5.07 Add 9.91% 0.46 $132.26 $1,162,262,000 SEC
2020   Q1 7,995,065 5.40 Reduce 5.60% 0.31 $120.10 $960,207,000 SEC
2019   Q4 8,469,394 5.47 Add 2.18% 0.12 $136.67 $1,157,512,000 SEC
2019   Q3 8,289,105 5.81 Add 0.17% <0.01 $137.10 $1,136,436,000 SEC
2019   Q2 8,275,341 5.65 Add 0.07% <0.01 $131.13 $1,085,145,000 SEC
2019   Q1 8,269,554 5.76 Add 1.22% 0.07 $122.55 $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 $111.80 $913,422,000 SEC
2018   Q2 7,681,927 6.22 Add 16.68% 0.89 $108.87 $836,330,000 SEC
2018   Q1 6,583,613 5.92 Add 13.44% 0.70 $109.15 $718,601,000 SEC
2017   Q4 5,803,600 5.97 Add 4.38% 0.25 $119.92 $695,967,000 SEC
2017   Q3 5,560,322 6.02 Add 4.22% 0.24 $111.81 $621,700,000 SEC
2017   Q2 5,334,959 6.46 Reduce 0.66% 0.05 $115.49 $616,134,000 SEC
2017   Q1 5,370,205 6.98 Add 7.59% 0.49 $111.86 $600,711,000 SEC
2016   Q4 4,991,525 6.90 Add 8.45% 0.54 $104.99 $524,060,000 SEC
2016   Q3 4,602,811 8.28 Add 30.02% 1.91 $108.77 $500,648,000 SEC
2016   Q2 3,540,086 6.16 Add 13.61% 0.74 $105.94 $375,037,000 SEC
2016   Q1 3,115,986 6.87 Add 0.93% 0.06 $102.48 $319,326,000 SEC
2015   Q4 3,087,414 7.75 Add 4.12% 0.31 $99.92 $308,494,000 SEC
2015   Q3 2,965,356 8.53 Add 15.38% 1.14 $94.30 $279,633,000 SEC
2015   Q2 2,570,158 7.55 Add 18.43% 1.17 $93.34 $239,899,000 SEC
2015   Q1 2,170,265 7.74 Add 10.28% 0.72 $95.62 $207,521,000 SEC
2014   Q4 1,967,897 6.63 Add 4.31% 0.27 $94.56 $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 $89.34 $168,545,000 SEC
2014   Q1 1,609,367 8.31 Add 30.85% 1.96 $83.50 $134,382,000 SEC
2013   Q4 1,229,894 7.46 Add 7.06% 0.49 $82.94 $102,007,000 SEC
2013   Q3 1,148,821 7.10 Add 17.45% 1.05 $79.50 $91,331,000 SEC
2013   Q2 978,146 5.62 Add 15.79% 0.77 $81.79 $80,003,000 SEC
2013   Q1 844,789 6.27 Add 42.91% 1.88 $78.30 $66,143,000 SEC
2012   Q4 591,148 6.44 $68.43 $40,452,000 SEC