Pepsico Continues Its Run Higher

Pepsico

is continuing its run higher, trading up over 2% this morning. This week Pepsi has already moved 3.9% as investor interest may be spiking as there have long been rumors of Pepsi looking to spin off some of its prized snack food assets as many analysts and investors are speculating that Pepsi could trade for a lot more as separate companies. Earlier this week, Nelson Peltz's Trian Fund disclosed in its 13-F filing that it has invested over $145 million in PepsiCo. Nelson Peltz is considered to be one of the best retail investors of our time as he has had huge successes with Snapple, Cadbury-Schweppes and Heinz

. Recently, Peltz became the largest investor in Domino's Pizza

and filed a 13G not a 13D, as his Trian fund just made a passive investment in the company versus most of his active active investments referred to as 13Ds. Pepsi is a beverage stock that should be watched as more whales could follow Peltz into the name and Pepsi seeks to unlock hidden value. Also, it's not bad that Peltz also owns Wendy's

and he could help work on adding stronger distribution deals for Pepsi. Pepsi is trading up 2.64% as of 10:53 this morning.