PEPSICO INC

PepsiCo's institutional footprint of 3,875 holders and $191.7B in reported value makes it one of the most broadly-held consumer defensive names in the dataset. The top-holder layer reveals a familiar institutional pattern — passive Vanguard, State Street, and BlackRock vehicles anchor the registry alongside active consumer-staples specialists like T. Rowe Price and Capital Research. The concentration story here is structural: PepsiCo's no-fuss, snack-and-beverage dual-revenue model makes it a permanent core holding in quality-income mandates, and the holder set reads like a roster of every large U.S. wealth-management platform. The implicit bet is durability over growth — a profile that performs in risk-off environments and underwrites portfolios that need ballast.