Performance Food Group's Largest Shareholder Increases Stake

Close Asset Management Ltd now owns 1.33% of the food distribution company

Published on Feb. 27, 2026

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Close Asset Management Ltd, a major institutional investor, has increased its stake in Performance Food Group Company (NYSE:PFGC) by 7.5% during the third quarter. The fund now owns 2,080,377 shares of the food distribution company, making it the 6th largest position in Close Asset Management's investment portfolio.

Why it matters

Performance Food Group is a leading foodservice distribution company, serving a diverse customer base that includes restaurants, healthcare facilities, schools, and other institutions. The increase in ownership by a major shareholder like Close Asset Management suggests confidence in the company's growth prospects and strategic direction.

The details

According to a recent 13F filing, Close Asset Management Ltd lifted its stake in Performance Food Group by 145,387 shares during the third quarter. The fund now owns 2,080,377 shares of the company, representing approximately 1.33% of Performance Food Group's outstanding stock. Close Asset Management cited the food distribution company as its 6th largest position, valued at $216,536,000 as of the most recent filing.

  • Close Asset Management Ltd increased its stake in Performance Food Group during the third quarter of 2025.

The players

Close Asset Management Ltd

A major institutional investor that has increased its ownership stake in Performance Food Group Company.

Performance Food Group Company

A leading foodservice distribution company headquartered in Richmond, Virginia that serves a diverse customer base including restaurants, healthcare facilities, schools, and other institutions.

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The takeaway

The increased ownership by a major shareholder like Close Asset Management suggests confidence in Performance Food Group's ability to navigate the evolving foodservice landscape and continue growing its business. This development underscores the company's strategic importance within the food distribution industry.