Mitsubishi UFJ Asset Management Increases Sysco Stake

Institutional investor raises holdings in food distribution giant by 3.4% in Q3

Published on Feb. 28, 2026

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Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Sysco Corporation (NYSE:SYY) by 3.4% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The fund now owns 1,026,010 shares of the company's stock, valued at $84.5 million as of the filing.

Why it matters

Sysco is a major player in the food distribution industry, supplying a wide range of products to restaurants, healthcare facilities, and other foodservice customers. The increase in Mitsubishi UFJ's stake suggests the firm sees continued growth potential in Sysco's business.

The details

According to the 13F filing, Mitsubishi UFJ Asset Management acquired an additional 33,990 shares of Sysco during the third quarter. This brings the firm's total ownership in Sysco to 1,026,010 shares, or approximately 0.21% of the company's outstanding stock. Sysco has seen its share price rise over the past year as the foodservice industry has rebounded from the COVID-19 pandemic.

  • Mitsubishi UFJ Asset Management increased its Sysco stake in the third quarter of 2026.

The players

Mitsubishi UFJ Asset Management Co. Ltd.

A Japanese asset management firm that oversees over $600 billion in assets globally.

Sysco Corporation

A leading global foodservice distribution company that supplies a wide range of food and related products to restaurants, healthcare facilities, and other customers.

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The takeaway

Mitsubishi UFJ's increased stake in Sysco suggests the firm sees continued growth potential in the food distribution company as the foodservice industry recovers. Sysco's diversified customer base and market leadership position make it an attractive investment for institutional investors.