Equity Research Database

Institutional Investment Pitches

Explore thousands of hedge fund pitches, high-conviction equity research memos, and portfolio manager commentary extracted from quarterly letters.

Home Letters Funds Account

Mar Vista's U.S. Quality's investment thesis on PepsiCo, Inc. ($PEP) — Q1 2025 | Buyside Digest

All Pitches

View Letter Analysis

$PEPNASDAQPepsiCo, Inc.

BEAR

Mar Vista's U.S. Quality—PEP

Fund Letter

Q1 2025

Published March 31, 2025

View Fund Profile

$136.69USD

-0.7% vs last month

$146.61Pitched

-6.8% since pitch

Market Cap$188.7B

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

The position in PepsiCo was completely liquidated due to structural headwinds facing the carbonated soft drink and snack food businesses, including potential school regulations and GLP-1 drug adoption. The manager believes...

— Mar Vista's U.S. Quality

BSD Research Exclusive

Unlock Full Institutional Investment Theses

Full equity research memos, financial breakdowns, and hedge fund thesis write-ups are reserved for BSD Research ($55/mo) and Pro subscribers.

6,000+ Institutional Pitches

Proprietary AI Analysis

100 Letter Unlocks/Cycle

SUBSCRIBE TO BSD RESEARCH ($55/MO)Compare All Plans

Already a Research or Pro subscriber? Sign In

◆ Keep Reading

What other investors think about $PEP, and what else Mar Vista's U.S. Quality is buying.

Other pitches on $PEP

Other investors who've written on PepsiCo, Inc.

No other institutional pitches found for this ticker yet.

View all $PEP pitches →