PepsiCo's $1.05B Volume Ranks 82nd as Activist Fund Launches Turnaround Bid

On September 5, 2025, , ranking 82nd in the market. .

, a prominent , , positioning it as a potential turnaround candidate. . , mirroring Coca-Cola’s successful strategy. This shift, if adopted, , .

Analysts note that PepsiCo’s beverage business faces structural headwinds, . Elliott’s push to streamline offerings and prioritize core brands aligns with broader industry trends toward simplification. However, , requiring patience and board-level engagement to implement changes. , execution risks and sector dynamics remain critical uncertainties.

To deliver an accurate back-test I need to clear up a few practical details: 1. Market universe • Should we limit the stock pool to the U.S. listed equities (NYSE + Nasdaq), or are you interested in another market/universe? 2. Re-balancing convention • We will select the top-500 names by the previous trading day’s dollar volume, buy them at the next day’s open, and liquidate at that day’s close (one-day holding period). Does that match your intent? 3. Portfolio construction • Equal-weight each position (i.e., 0.2 % of capital per stock) unless you prefer volume-weighted or another weighting. 4. Benchmark (optional) • Should we compare against SPY or another index for context? Once I have these points confirmed I can generate the data-retrieval plan and run the back-test.