Bank of Montreal Can Increases Sysco Corporation $SYY Holdings

The institutional investor added over 43,000 shares of the food distribution company in the third quarter.

Published on Mar. 12, 2026

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Bank of Montreal Can, an institutional investor, increased its stake in Sysco Corporation (NYSE:SYY) by 3.4% in the third quarter, according to a recent SEC filing. The firm now owns 1,305,934 shares of the company's stock, worth approximately $107.5 million.

Why it matters

Sysco is one of the largest food distribution companies in the United States, supplying a wide range of food and related products to restaurants, healthcare facilities, and other foodservice customers. The increase in Bank of Montreal Can's holdings suggests the investor sees continued growth potential in Sysco's business.

The details

According to the filing, Bank of Montreal Can purchased an additional 43,404 shares of Sysco during the third quarter, bringing its total ownership to 0.27% of the company's outstanding stock. Sysco's stock has traded in the range of $67.12 to $91.85 over the past 52 weeks.

  • Bank of Montreal Can increased its Sysco holdings in the third quarter of 2026.

The players

Bank of Montreal Can

A Canadian multinational financial services company and one of the largest banks in North America.

Sysco Corporation

A global foodservice distribution company that supplies a broad range of food and related products to restaurants, healthcare and educational facilities, lodging establishments, and other foodservice customers.

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The takeaway

The increase in Bank of Montreal Can's Sysco holdings suggests the investor sees continued growth potential in the food distribution company, which is one of the largest in the United States and serves a diverse range of foodservice customers.