Performance Food Group
PFGC
154 hedge funds and large institutions have $2.25B invested in Performance Food Group in 2017 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 74 increasing their positions, 30 reducing their positions, and 21 closing their positions.
147% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 30
62% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 21
16% more capital invested
Capital invested by funds: $1.95B → $2.25B (+$304M)
8% more funds holding
Funds holding: 142 → 154 (+12)
0.2% more ownership
Funds ownership: 79.04% → 79.24% (+0.2%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
86% less call options, than puts
Call options by funds: $396K | Put options by funds: $2.88M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$65.9M |
| 2 |
BlackRock
New York
|
+$54.2M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$46M |
| 4 |
Millennium Management
New York
|
+$32.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$30.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$334M |
| 2 |
FAM
Fred Alger Management
New York
|
-$42.5M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$11.1M |
| 4 |
LA
Lexington Advisors
New York
|
-$9.32M |
| 5 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
-$7.8M |
PFGC Hedge Fund Activity: Q2 2017 in Review
154 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Performance Food Group (PFGC) for Q2 2017, worth a combined $2.25B — up 16% from $1.95B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PFGC positions and 21 closed out — a net gain of 13 holders — while 74 added to existing stakes and 30 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $65.9M. The largest seller was Blackstone Inc, exiting entirely with an estimated $334M sold.
- 154 institutional investors held Performance Food Group (PFGC) as of Q2 2017, up from 142 in Q1 2017.
- Funds reported $2.25B of Performance Food Group stock for Q2 2017, up 16% quarter-over-quarter.
- 34 funds opened new Performance Food Group positions in Q2 2017 and 21 closed out, a net change of +13 holders.
- The largest Performance Food Group buyer in Q2 2017 was Fidelity Investments, an estimated $65.9M added.
- The largest Performance Food Group seller in Q2 2017 was Blackstone Inc, an estimated $334M sold.
Based on aggregated 13F filings for Q2 2017.