Will Pepsico’s EPS Cause These Top Institutional Shareholders to Hold?

Pepsico, Inc.(NYSE:PEP) reported a third-quarter earnings per share of $1.2, which is better than expectations by $0.04, while revenues at $16.65 billion miss by $350 million. Structural changes and adverse foreign currency movements impacted revenues by 5% each, though, on an overall basis there was organic growth of 5%. Operating cash flow was $5.1 billion year to date. The company reaffirmed their previous 2012 forecasts for revenue and EPS.

Will Pepsico’s shareholders decrease their holdings?  They reported owning a total of 59.556 million shares on 09/30/2012. The shares closed at $70.77 on 09/30/2012.

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Here are the ten largest positions in Pepsico, Inc. at the end of September 30th, 2012.

Bank of New York Mellon Corp held 25,992,337 shares on 09/30/2012 worth $1,839,477,602. This brought the portfolio total to 0.67%.

Schwab Charles Investment Management Inc held 3,092,515 shares on 09/30/2012 worth $218,857,276. This brought the portfolio total to 0.61%.

Nordea Investment Management AB held 2,987,327 shares on 09/30/2012 worth $211,413,122. This brought the portfolio total to 1.57%.

Taube Hodson Stonex Partners LLP held 1,824,289 shares on 09/30/2012 worth $129,104,926. This brought the portfolio total to 11.87%.

Bristol John W & Co Inc /NY/ held 1,820,533 shares on 09/30/2012 worth $128,839,114. This brought the portfolio total to 2.38%.

Wellcome Trust Ltd (the) as trustee of the wellcome trust held 1,800,000 shares on 09/30/2012 worth $127,385,994. This brought the portfolio total to 1.7%.

Gateway Investment Advisers LLC held 1,779,311 shares on 09/30/2012 worth $125,921,833. This brought the portfolio total to 1.26%.

Chevy Chase Trust Holdings Inc. held 1,198,647 shares on 09/30/2012 worth $84,828,244. This brought the portfolio total to 0.9%.

Factory Mutual Insurance Co held 917,600 shares on 09/30/2012 worth $64,938,549. This brought the portfolio total to 1.21%.

Atalanta Sosnoff Capital LLC held 878,985 shares on 09/30/2012 worth $62,205,765. This brought the portfolio total to 1.43%.

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