$90,000 of PEPSICO INC. lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Educate Members of Congress about the importance of the food and beverage industry to the U.S. economy. Monitor regulations related to nutrition, including those contained in the National Strategy on Hunger, Nutrition, and Health. Highlight the company's sustainability commitments and global supply chain, including efforts to improve residential recycling programs and responsible supply chain; engage with Congress on plastics and recycling bills, including H.R.8059 and H.R.6159. Monitor EPA activity related to recycling programs and regulations. Monitor transportation and infrastructure policy proposals, including implementation of P.L.117-58, the Infrastructure Investment and Jobs Act and P.L. 117-169, the Inflation Reduction Act. Monitor the Farm Bill reauthorization process, including H.R.8467, the Farm, Food, and National Security Act of 2024 and S.5335, the Rural Prosperity and Food Security Act; educate policymakers on PepsiCo's priorities; monitor the implementation of funding contained in P.L.117-169, the Inflation Reduction Act for climate-smart agriculture, conservation, and rural development. Monitor the impact that immigration reform proposals would have on PepsiCo's workforce needs."
You can find more data on corporate lobbying on Quiver Quantitative.
PEP Congressional Stock Trading
Members of Congress have traded $PEP stock 6 times in the past 6 months. Of those trades, 3 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $PEP stock by members of Congress over the last 6 months:
- SENATOR MARKWAYNE MULLIN sold up to $50,000 on 12/11.
- REPRESENTATIVE JARED MOSKOWITZ has traded it 2 times. They made 2 purchases worth up to $30,000 on 11/08 and 0 sales.
- REPRESENTATIVE JOHN JAMES sold up to $15,000 on 09/04.
- REPRESENTATIVE C. SCOTT FRANKLIN purchased up to $15,000 on 08/02.
- SENATOR SHELLEY MOORE CAPITO sold up to $15,000 on 07/25.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
PEP Hedge Fund Activity
We have seen 1,403 institutional investors add shares of PEP stock to their portfolio, and 1,587 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 4,383,495 shares (+21.2%) to their portfolio in Q3 2024, for an estimated $745,413,324
- INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC removed 3,198,982 shares (-99.3%) from their portfolio in Q4 2024, for an estimated $486,437,202
- STATE STREET CORP added 2,775,679 shares (+5.1%) to their portfolio in Q3 2024, for an estimated $472,004,213
- FRANKLIN RESOURCES INC added 2,264,445 shares (+21.1%) to their portfolio in Q3 2024, for an estimated $385,068,872
- HOLOCENE ADVISORS, LP removed 2,038,750 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $346,689,437
- APG ASSET MANAGEMENT N.V. removed 1,724,322 shares (-81.3%) from their portfolio in Q3 2024, for an estimated $293,220,956
- GOLDMAN SACHS GROUP INC removed 1,721,429 shares (-16.8%) from their portfolio in Q3 2024, for an estimated $292,729,001
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
