5 Biggest Holding Companies in the World

In this piece, we will take a look at the five biggest holding companies in the world. For more companies,  head on over to 15 Biggest Holding Companies in the World.

5. PepsiCo, Inc. (NASDAQ:PEP)

Market Capitalization as of November 25th, 2022: $253 billion

PepsiCo, Inc. (NASDAQ:PEP) is a food and beverage company that sells products such as snacks, carbonated drinks, cereals, rice, pasta, and more. It is headquartered in Purchase, New York, the United States.

PepsiCo, Inc. (NASDAQ:PEP)’s third quarter results beat analyst estimates as the firm posted $1.97 in non-GAAP earnings per share (EPS) and $22 billion in revenue. The revenue marked an 8.8% annual growth despite a 3% exchange rate impact. PepsiCo, Inc. (NASDAQ:PEP)’s year to date revenue growth is 7.7%, as it capitalizes on the inflationary wave but maintains strong sales even as purchasing powers drop.

By the end of Q3 2022, 72 out of the 920 hedge funds part of Insider Monkey’s survey had bought PepsiCo, Inc. (NASDAQ:PEP)’s shares.

PepsiCo, Inc. (NASDAQ:PEP)’s largest investor is Terry Smith’s Fundsmith LLP which owns 7.1 million shares that are worth $1.1 billion.

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