Performance Food Group
PFGC
144 hedge funds and large institutions have $2.46B invested in Performance Food Group in 2017 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 69 increasing their positions, 38 reducing their positions, and 27 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 38
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
9% more capital invested
Capital invested by funds: $2.25B → $2.46B (+$204M)
4.21% more ownership
Funds ownership: 79.24% → 83.45% (+4.2%)
6% less funds holding
Funds holding: 154 → 144 (-10)
30% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$24.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$22.7M |
| 3 |
BlackRock
New York
|
+$19.5M |
| 4 |
Barclays
London,
United Kingdom
|
+$18.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$38.5M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$21.4M |
| 3 |
Goldman Sachs
New York
|
-$11.2M |
| 4 |
Two Sigma Investments
New York
|
-$9.25M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.68M |
PFGC Hedge Fund Activity: Q3 2017 in Review
144 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Performance Food Group (PFGC) for Q3 2017, worth a combined $2.46B — up 9.1% from $2.25B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of PFGC and 19 opened new positions — a net loss of 8 holders — while 38 trimmed existing stakes and 69 added.
The largest buyer was GW&K Investment Management, opening a new position worth an estimated $24.7M. The largest seller was Fred Alger Management, cutting an estimated $38.5M.
- 144 institutional investors held Performance Food Group (PFGC) as of Q3 2017, down from 154 in Q2 2017.
- Funds reported $2.46B of Performance Food Group stock for Q3 2017, up 9.1% quarter-over-quarter.
- 19 funds opened new Performance Food Group positions in Q3 2017 and 27 closed out, a net change of -8 holders.
- The largest Performance Food Group buyer in Q3 2017 was GW&K Investment Management, an estimated $24.7M added.
- The largest Performance Food Group seller in Q3 2017 was Fred Alger Management, an estimated $38.5M sold.
Based on aggregated 13F filings for Q3 2017.