Confluence Sells 184,995 PepsiCo Shares in Portfolio Trim

On July 1, 2025, Confluence Investment Management disclosed the sale of 184,995 shares of PepsiCo(NASDAQ:PEP), reducing its position by $26.08 million for the period ended June 30, 2025, according to SEC data.According to a July 1, 2025 SEC filing, Confluence Investment Management sold 184,995 shares of PepsiCo, a trade valued at $26.08 million. The firm’s post-trade stake stands at 711,253 shares, representing a value of $93.91 million. This adjustment brought PepsiCo’s share of the fund’s 13F assets down from 1.70% to 1.33%.The sell transaction lowered PepsiCo’s portfolio weight to 1.33% of the fund's reported assets under management (AUM).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool