Sysco
SYY
875 hedge funds and large institutions have $17.6B invested in Sysco in 2014 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 345 increasing their positions, 314 reducing their positions, and 46 closing their positions.
46% more call options, than puts
Call options by funds: $123M | Put options by funds: $84.3M
16% more funds holding in top 10
Funds holding in top 10: 19 → 22 (+3)
7% more capital invested
Capital invested by funds: $16.4B → $17.6B (+$1.16B)
2.3% more ownership
Funds ownership: 77.94% → 80.24% (+2.3%)
10% more repeat investments, than reductions
Existing positions increased: 345 | Existing positions reduced: 314
7% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 46
1% less funds holding
Funds holding: 885 → 875 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$227M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$167M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$72.6M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$69.5M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$65.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$197M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$125M |
| 3 |
GVI
Green Valley Investors
Wilmington,
Delaware
|
-$76.7M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
-$60.5M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$42M |
SYY Hedge Fund Activity: Q2 2014 in Review
875 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Sysco (SYY) for Q2 2014, worth a combined $17.6B — up 7% from $16.4B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of SYY and 43 opened new positions — a net loss of 3 holders — while 314 trimmed existing stakes and 345 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $227M. The largest seller was First Eagle Investment Management, cutting an estimated $197M.
- 875 institutional investors held Sysco (SYY) as of Q2 2014, down from 885 in Q1 2014.
- Funds reported $17.6B of Sysco stock for Q2 2014, up 7% quarter-over-quarter.
- 43 funds opened new Sysco positions in Q2 2014 and 46 closed out, a net change of -3 holders.
- The largest Sysco buyer in Q2 2014 was T. Rowe Price Associates, an estimated $227M added.
- The largest Sysco seller in Q2 2014 was First Eagle Investment Management, an estimated $197M sold.
Based on aggregated 13F filings for Q2 2014.