Victory Capital Management Trims Stake in Performance Food Group

Institutional investor reduces position in food distribution company by 20.5%

Published on Mar. 3, 2026

Got story updates? Submit your updates here. ›

Victory Capital Management Inc., an institutional investor, decreased its stake in shares of Performance Food Group Company (NYSE:PFGC) by 20.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns approximately 3.16% of Performance Food Group, down from a previous ownership of 4.48 million shares.

Why it matters

This filing provides insight into the investment strategies of major institutional investors and how they are adjusting their positions in the food distribution industry, which has seen significant changes in recent years due to factors like supply chain disruptions and shifting consumer preferences.

The details

According to the 13F filing, Victory Capital Management sold 1,277,673 shares of Performance Food Group, reducing its total position to 4,948,654 shares. The firm cited unspecified reasons for the reduction in its stake in the company. Performance Food Group is a leading foodservice distribution company headquartered in Richmond, Virginia, serving a diverse customer base that includes independent and multi-unit restaurants, healthcare facilities, hospitality venues, schools, and other institutional customers.

  • Victory Capital Management filed its 13F report for the third quarter of 2026 on March 3, 2026.

The players

Victory Capital Management Inc.

An institutional investment management firm that owns stakes in various public companies.

Performance Food Group Company

A leading foodservice distribution company headquartered in Richmond, Virginia, serving a diverse customer base.

Got photos? Submit your photos here. ›

The takeaway

This filing highlights the ongoing shifts in institutional investment strategies within the food distribution industry, as major players like Victory Capital Management adjust their portfolios in response to market conditions and industry trends.