Olstein Capital Management, a firm known for its value-oriented and accounting-driven investment philosophy, has liquidated its entire stake in PepsiCo (PEP). According to its quarterly ownership filing, the firm sold all 26,000 of its shares. This report, filed on July 7, 2026, reflects trading activity that occurred during the second quarter ending June 30, 2026, as 13F filings disclose past positions with a delay.
The investment firm, founded by Robert Olstein, focuses on investing in undervalued companies with strong financial fundamentals and the ability to generate free cash flow. The sale removed a position that previously accounted for 0.88% of Olstein's reported portfolio. No specific commentary from the firm regarding the PepsiCo sale was publicly available.