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1,424 hedge funds and large institutions have $31.3B invested in Sysco in 2023 Q2 according to their latest regulatory filings, with 110 funds opening new positions, 545 increasing their positions, 526 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more call options, than puts

Call options by funds: $165M | Put options by funds: $69.1M

26% more first-time investments, than exits

New positions opened: 110 | Existing positions closed: 87

4% more repeat investments, than reductions

Existing positions increased: 545 | Existing positions reduced: 526

1% more funds holding

Funds holding: 1,4101,424 (+14)

3.98% less ownership

Funds ownership: 87.13%83.15% (-4%)

6% less capital invested

Capital invested by funds: $33.3B → $31.3B (-$2.03B)

29% less funds holding in top 10

Funds holding in top 10: 1712 (-5)

Holders
1,424
Holders Change
+14
Holders Change %
+0.99%
% of All Funds
22.36%
Holding in Top 10
12
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-29.41%
% of All Funds
0.19%
New
110
Increased
545
Reduced
526
Closed
87
Calls
$165M
Puts
$69.1M
Net Calls
+$95.6M
Net Calls Change
+$38.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3.58B +$29.1M +393,464 +0.8%
BlackRock
2
BlackRock
New York
$2.44B +$40.6M +549,086 +2%
State Street
3
State Street
Massachusetts
$1.81B +$26.4M +357,246 +1%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$1.74B -$675M -9,132,509 -28%
JP Morgan Chase
5
JP Morgan Chase
New York
$1.09B -$79.3M -1,071,720 -7%
Parnassus Investments
6
Parnassus Investments
California
$1.01B +$4.24M +57,317 +0.4%
Aristotle Capital Management
7
Aristotle Capital Management
California
$843M -$6.15M -83,210 -0.7%
Invesco
8
Invesco
Georgia
$726M +$236M +3,193,212 +48%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$683M -$21.3M -287,790 -3%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$676M +$17M +229,696 +3%
Lazard Asset Management
11
Lazard Asset Management
New York
$616M -$16.4M -222,211 -3%
LP
12
Longview Partners
Guernsey
$600M +$58M +784,549 +11%
Morgan Stanley
13
Morgan Stanley
New York
$460M +$27.9M +377,157 +6%
Northern Trust
14
Northern Trust
Illinois
$442M -$16.4M -221,212 -4%
Norges Bank
15
Norges Bank
Norway
$431M +$31.6M +427,483 +8%
Victory Capital Management
16
Victory Capital Management
Texas
$414M -$61.7M -834,733 -13%
Bank of America
17
Bank of America
North Carolina
$408M -$46.2M -624,367 -10%
T. Rowe Price Associates
18
T. Rowe Price Associates
Maryland
$407M -$45.3M -613,122 -10%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$400M +$20.6M +278,190 +5%
Ameriprise
20
Ameriprise
Minnesota
$385M -$88.7M -1,199,993 -19%
Janus Henderson Group
21
Janus Henderson Group
United Kingdom
$341M -$4.9M -66,323 -1%
American Century Companies
22
American Century Companies
Missouri
$283M -$63.3M -855,920 -18%
State Farm Mutual Automobile Insurance
23
State Farm Mutual Automobile Insurance
Illinois
$256M
CP
24
Coho Partners
Pennsylvania
$245M -$11.2M -150,914 -4%
Wells Fargo
25
Wells Fargo
California
$241M -$78.9M -1,067,288 -25%

SYY Hedge Fund Activity: Q2 2023 in Review

1,424 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Sysco (SYY) for Q2 2023, worth a combined $31.3B — down 6.1% from $33.3B a quarter earlier.

Buyers outnumbered sellers: 110 funds opened new SYY positions and 87 closed out — a net gain of 23 holders — while 545 added to existing stakes and 526 trimmed.

The largest buyer was Invesco, adding an estimated $236M. The largest seller was OFI Invest Asset Management, cutting an estimated $1.03B.

  • 1,424 institutional investors held Sysco (SYY) as of Q2 2023, up from 1,410 in Q1 2023.
  • Funds reported $31.3B of Sysco stock for Q2 2023, down 6.1% quarter-over-quarter.
  • 110 funds opened new Sysco positions in Q2 2023 and 87 closed out, a net change of +23 holders.
  • The largest Sysco buyer in Q2 2023 was Invesco, an estimated $236M added.
  • The largest Sysco seller in Q2 2023 was OFI Invest Asset Management, an estimated $1.03B sold.

Based on aggregated 13F filings for Q2 2023.