Performance Food Group Stock Position Reduced by Earnest Partners LLC

Institutional investor decreased stake in food distribution company

Mar. 16, 2026 at 9:19am

Got story updates? Submit your updates here. ›

Earnest Partners LLC, an institutional investor, decreased its position in Performance Food Group Company (NYSE:PFGC) by 1.5% in the 3rd quarter, according to a recent SEC filing. The firm owned 787,486 shares of the food distribution company's stock, valued at $81.93 million as of the filing.

Why it matters

This filing provides insight into the investment decisions of Earnest Partners, a notable institutional investor. Changes in major shareholders' positions can signal shifts in market sentiment or confidence around a company's prospects.

The details

Earnest Partners reduced its stake in Performance Food Group by selling 11,624 shares during the 3rd quarter. The firm now owns 0.50% of the company's outstanding shares. Performance Food Group is a leading foodservice distribution company headquartered in Richmond, Virginia, serving a diverse customer base including restaurants, healthcare facilities, and schools.

  • Earnest Partners filed the 3rd quarter position change in March 2026.

The players

Earnest Partners LLC

An institutional investment firm that decreased its stake in Performance Food Group Company.

Performance Food Group Company

A leading foodservice distribution company headquartered in Richmond, Virginia.

Got photos? Submit your photos here. ›

The takeaway

This filing highlights the shifting investment landscape around Performance Food Group, as a major institutional investor reduced its position in the company. While the reasons behind Earnest Partners' decision are not explicitly stated, the change in ownership could signal broader market trends or concerns that investors should monitor.