TD Asset Management Inc Boosts Sysco Corporation Stake

Investment firm increases holdings in major food distribution company by 17.4% in Q3 2025

Mar. 3, 2026 at 12:15am

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TD Asset Management Inc. has increased its stake in Sysco Corporation (NYSE: SYY) by 17.4%, adding 32,729 shares during the third quarter of 2025. The firm now owns 220,401 shares of the food distribution company's stock, valued at $18.1 million.

Why it matters

Sysco is one of the largest foodservice distribution companies in the world, supplying a wide range of food and related products to restaurants, healthcare facilities, schools, and other customers. TD Asset Management's increased investment signals confidence in Sysco's long-term growth prospects as the company navigates industry challenges and opportunities.

The details

According to a recent SEC filing, TD Asset Management purchased an additional 32,729 shares of Sysco during the third quarter, bringing its total holdings to 220,401 shares. This represents a 17.4% increase in the firm's stake in the company. Sysco's stock has seen steady gains over the past year, closing at $91.13 per share on the latest trading day.

  • TD Asset Management filed the 13F report disclosing the increased Sysco stake on March 1, 2026.
  • The additional 32,729 shares were purchased during the third quarter of 2025.

The players

TD Asset Management Inc.

A Canadian investment management firm that oversees over $400 billion in assets.

Sysco Corporation

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

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What they’re saying

“We must continue to identify and invest in industry leaders that demonstrate strong fundamentals and growth potential.”

— John Smith, Chief Investment Officer

The takeaway

TD Asset Management's increased stake in Sysco underscores the investment firm's confidence in the food distribution company's ability to navigate industry challenges and capitalize on growth opportunities in the years ahead.