PEPSICO INC

Ticker: PEP CUSIP: 713448108 Class: COM

LOUDON INVESTMENT MANAGEMENT, LLC's Holding History (CIK: 0001597089)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 6,185 Value ($000) $888 Avg Close $145.91 Range $137.25 - $153.69

Q3 2025

Shares 6,185 Value ($000) $869 Avg Close $140.43 Range $129.92 - $154.76

Q2 2025

Shares 7,455 Value ($000) $984 Avg Close $131.03 Range $123.93 - $150.28

Q1 2025

Shares 9,565 Value ($000) $1,434 Avg Close $143.48 Range $136.07 - $155.29

Q4 2024

Shares 9,309 Value ($000) $1,416 Avg Close $156.55 Range $143.96 - $169.24

Q3 2024

Shares 8,744 Value ($000) $1,487 Avg Close $162.90 Range $149.54 - $171.19

Q2 2024

Shares 8,004 Value ($000) $1,320 Avg Close $162.33 Range $152.86 - $172.19

Q1 2024

Shares 8,004 Value ($000) $1,401 Avg Close $157.27 Range $151.91 - $165.06

Q4 2023

Shares 8,004 Value ($000) $1,359 Avg Close $153.75 Range $144.09 - $160.31

Q3 2023

Shares 8,158 Value ($000) $1,382 Avg Close $167.15 Range $155.38 - $176.65

Q2 2023

Shares 8,379 Value ($000) $1,552 Avg Close $170.56 Range $164.50 - $179.53

Q1 2023

Shares 8,564 Value ($000) $1,561 Avg Close $158.70 Range $151.30 - $166.40

Q4 2022

Shares 8,832 Value ($000) $1,596 Avg Close $160.89 Range $144.90 - $169.23

Q3 2022

Shares 9,235 Value ($000) $1,508 Avg Close $154.42 Range $146.73 - $161.90

Q2 2022

Shares 9,235 Value ($000) $1,539 Avg Close $149.80 Range $138.46 - $157.72

Q1 2022

Shares 9,564 Value ($000) $1,601 Avg Close $148.42 Range $136.18 - $156.35

Q4 2021

Shares 9,564 Value ($000) $1,661 Avg Close $143.45 Range $130.98 - $153.51

Q3 2021

Shares 9,714 Value ($000) $1,461 Avg Close $134.99 Range $128.60 - $138.92

Q2 2021

Shares 9,948 Value ($000) $1,474 Avg Close $126.17 Range $121.05 - $129.90

Q1 2021

Shares 9,881 Value ($000) $1,398 Avg Close $117.91 Range $110.20 - $126.66

Q4 2020

Shares 10,226 Value ($000) $1,517 Avg Close $121.24 Range $112.09 - $127.51

Q3 2020

Shares 11,106 Value ($000) $1,539 Avg Close $115.17 Range $110.09 - $122.58

Q2 2020

Shares 11,133 Value ($000) $1,472 Avg Close $110.78 Range $96.98 - $116.23

Q1 2020

Shares 11,133 Value ($000) $1,337 Avg Close $112.76 Range $85.04 - $122.59

Q4 2019

Shares 11,281 Value ($000) $1,542 Avg Close $112.78 Range $108.83 - $116.16

Q3 2019

Shares 11,358 Value ($000) $1,557 Avg Close $109.33 Range $101.75 - $114.79

Q2 2019

Shares 11,633 Value ($000) $1,525 Avg Close $104.74 Range $98.45 - $111.08

Q1 2019

Shares 11,713 Value ($000) $1,435 Avg Close $92.45 Range $86.33 - $100.45

Q4 2018

Shares 11,378 Value ($000) $1,257 Avg Close $90.68 Range $83.88 - $97.90

Q3 2018

Shares 12,001 Value ($000) $1,342 Avg Close $90.33 Range $85.57 - $94.26

Q2 2018

Shares 12,001 Value ($000) $1,307 Avg Close $81.72 Range $75.66 - $87.68

Q1 2018

Shares 12,946 Value ($000) $1,413 Avg Close $89.25 Range $83.55 - $95.90

Q4 2017

Shares 13,446 Value ($000) $1,612 Avg Close $88.99 Range $82.56 - $94.39

Q3 2017

Shares 13,456 Value ($000) $1,499 Avg Close $89.40 Range $85.78 - $92.17

Q2 2017

Shares 14,531 Value ($000) $1,678 Avg Close $88.18 Range $85.37 - $91.29

Q1 2017

Shares 14,956 Value ($000) $1,673 Avg Close $81.92 Range $76.96 - $86.46

Q4 2016

Shares 14,831 Value ($000) $1,552 Avg Close $79.36 Range $75.01 - $82.35

Q3 2016

Shares 14,831 Value ($000) $1,613 Avg Close $81.08 Range $78.66 - $83.28

Q2 2016

Shares 14,861 Value ($000) $1,574 Avg Close $77.08 Range $74.51 - $79.68

Q1 2016

Shares 16,946 Value ($000) $1,737 Avg Close $73.27 Range $68.98 - $77.08

Q4 2015

Shares 18,552 Value ($000) $1,854 Avg Close $73.47 Range $67.97 - $75.99

Q3 2015

Shares 19,352 Value ($000) $1,825 Avg Close $69.51 Range $55.75 - $73.34

Q2 2015

Shares 19,352 Value ($000) $1,806 Avg Close $69.31 Range $67.46 - $71.23

Q1 2015

Shares 20,152 Value ($000) $1,927 Avg Close $69.70 Range $66.75 - $72.43

Q4 2014

Shares 20,571 Value ($000) $1,945 Avg Close $68.61 Range $64.14 - $71.91

Q3 2014

Shares 21,331 Value ($000) $1,986 Avg Close $64.88 Range $62.01 - $67.28

Q2 2014

Shares 21,731 Value ($000) $1,941 Avg Close $60.92 Range $57.70 - $63.99

Q1 2014

Shares 22,026 Value ($000) $1,839 Avg Close $56.86 Range $53.82 - $58.98

Q4 2013

Shares 23,775 Value ($000) $1,972 Avg Close $57.75 Range $54.61 - $60.20

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	6,185	$888	$145.91	$137.25 - $153.69
Q3 2025	6,185	$869	$140.43	$129.92 - $154.76
Q2 2025	7,455	$984	$131.03	$123.93 - $150.28
Q1 2025	9,565	$1,434	$143.48	$136.07 - $155.29
Q4 2024	9,309	$1,416	$156.55	$143.96 - $169.24
Q3 2024	8,744	$1,487	$162.90	$149.54 - $171.19
Q2 2024	8,004	$1,320	$162.33	$152.86 - $172.19
Q1 2024	8,004	$1,401	$157.27	$151.91 - $165.06
Q4 2023	8,004	$1,359	$153.75	$144.09 - $160.31
Q3 2023	8,158	$1,382	$167.15	$155.38 - $176.65
Q2 2023	8,379	$1,552	$170.56	$164.50 - $179.53
Q1 2023	8,564	$1,561	$158.70	$151.30 - $166.40
Q4 2022	8,832	$1,596	$160.89	$144.90 - $169.23
Q3 2022	9,235	$1,508	$154.42	$146.73 - $161.90
Q2 2022	9,235	$1,539	$149.80	$138.46 - $157.72
Q1 2022	9,564	$1,601	$148.42	$136.18 - $156.35
Q4 2021	9,564	$1,661	$143.45	$130.98 - $153.51
Q3 2021	9,714	$1,461	$134.99	$128.60 - $138.92
Q2 2021	9,948	$1,474	$126.17	$121.05 - $129.90
Q1 2021	9,881	$1,398	$117.91	$110.20 - $126.66
Q4 2020	10,226	$1,517	$121.24	$112.09 - $127.51
Q3 2020	11,106	$1,539	$115.17	$110.09 - $122.58
Q2 2020	11,133	$1,472	$110.78	$96.98 - $116.23
Q1 2020	11,133	$1,337	$112.76	$85.04 - $122.59
Q4 2019	11,281	$1,542	$112.78	$108.83 - $116.16
Q3 2019	11,358	$1,557	$109.33	$101.75 - $114.79
Q2 2019	11,633	$1,525	$104.74	$98.45 - $111.08
Q1 2019	11,713	$1,435	$92.45	$86.33 - $100.45
Q4 2018	11,378	$1,257	$90.68	$83.88 - $97.90
Q3 2018	12,001	$1,342	$90.33	$85.57 - $94.26
Q2 2018	12,001	$1,307	$81.72	$75.66 - $87.68
Q1 2018	12,946	$1,413	$89.25	$83.55 - $95.90
Q4 2017	13,446	$1,612	$88.99	$82.56 - $94.39
Q3 2017	13,456	$1,499	$89.40	$85.78 - $92.17
Q2 2017	14,531	$1,678	$88.18	$85.37 - $91.29
Q1 2017	14,956	$1,673	$81.92	$76.96 - $86.46
Q4 2016	14,831	$1,552	$79.36	$75.01 - $82.35
Q3 2016	14,831	$1,613	$81.08	$78.66 - $83.28
Q2 2016	14,861	$1,574	$77.08	$74.51 - $79.68
Q1 2016	16,946	$1,737	$73.27	$68.98 - $77.08
Q4 2015	18,552	$1,854	$73.47	$67.97 - $75.99
Q3 2015	19,352	$1,825	$69.51	$55.75 - $73.34
Q2 2015	19,352	$1,806	$69.31	$67.46 - $71.23
Q1 2015	20,152	$1,927	$69.70	$66.75 - $72.43
Q4 2014	20,571	$1,945	$68.61	$64.14 - $71.91
Q3 2014	21,331	$1,986	$64.88	$62.01 - $67.28
Q2 2014	21,731	$1,941	$60.92	$57.70 - $63.99
Q1 2014	22,026	$1,839	$56.86	$53.82 - $58.98
Q4 2013	23,775	$1,972	$57.75	$54.61 - $60.20