PepsiCo is a publicly traded company, and its ownership is distributed among a wide range of institutional investors, mutual funds, and individual shareholders. The largest shareholders as of December 2023 are major institutional investment firms, including:
- The Vanguard Group (owns approximately 9.35% of PepsiCo shares)
- BlackRock (7.96%)
- State Street Corporation (4.20%)
- Geode Capital Management (2.01%)
- Morgan Stanley (1.78%)
- Bank of America (1.66%)
- JPMorgan Chase (1.52%)
- Charles Schwab (1.35%)
- Northern Trust (1.16%)
- Norges Bank (1.13%)
There is no single majority owner; instead, ownership is widely held among these and thousands of other institutional and retail investors. PepsiCo’s Board of Directors and executive officers, including the current Chairman and CEO Ramon Laguarta, also own shares but do not constitute a controlling interest[1].
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