Joel Greenblatt acquired 38.5 Thousand PepsiCo shares worth $6.65 Million. That's 0.11% of their equity portfolio (225th largest holding). The first PepsiCo trade was made in Q2 2011. Since then Joel Greenblatt bought shares 26 more times and sold shares on 22 occasions. The stake costed the investor $4.73 Million, netting the investor a gain of 41% so far.