Sysco
828 hedge funds and large institutions have $15.1B invested in Sysco in 2013 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 304 increasing their positions, 319 reducing their positions, and 60 closing their positions.
7% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 60
0.32% less ownership
Funds ownership: 80.56% → 80.24% (-0.32%)
1% less funds holding
Funds holding: 833 → 828 (-5)
5% less repeat investments, than reductions
Existing positions increased: 304 | Existing positions reduced: 319
10% less call options, than puts
Call options by funds: $100M | Put options by funds: $111M
8% less capital invested
Capital invested by funds: $16.3B → $15.1B (-$1.24B)
43% less funds holding in top 10
Funds holding in top 10: 23 → 13 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$44.1M |
| 2 |
Bank of New York Mellon
New York
|
+$43.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$40.1M |
| 4 |
GIM
Generation Investment Management
London,
United Kingdom
|
+$31.5M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$26.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$200M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$65M |
| 3 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
-$63.7M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$52.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$41.8M |
SYY Hedge Fund Activity: Q3 2013 in Review
828 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Sysco (SYY) for Q3 2013, worth a combined $15.1B — down 7.6% from $16.3B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new SYY positions and 60 closed out — a net gain of 4 holders — while 304 added to existing stakes and 319 trimmed.
The largest buyer was PGGM Investments, opening a new position worth an estimated $44.1M. The largest seller was Lazard Asset Management, cutting an estimated $200M.
- 828 institutional investors held Sysco (SYY) as of Q3 2013, down from 833 in Q2 2013.
- Funds reported $15.1B of Sysco stock for Q3 2013, down 7.6% quarter-over-quarter.
- 64 funds opened new Sysco positions in Q3 2013 and 60 closed out, a net change of +4 holders.
- The largest Sysco buyer in Q3 2013 was PGGM Investments, an estimated $44.1M added.
- The largest Sysco seller in Q3 2013 was Lazard Asset Management, an estimated $200M sold.
Based on aggregated 13F filings for Q3 2013.