FMR LLC & Abigail Johnson Hold 8.167% Stake in Performance Food Group
Ticker: PFGC · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**FMR LLC and Abigail Johnson still own over 8% of Performance Food Group, showing strong institutional backing.**
AI Summary
FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their ownership stake in Performance Food Group Co. As of February 9, 2024, they collectively beneficially own 12,708,112 shares of common stock, representing 8.167% of the company. This is an amendment to a previous filing, indicating a slight adjustment in their holdings, which matters to investors as it shows continued significant institutional interest in Performance Food Group Co. stock.
Why It Matters
This filing confirms a significant institutional investor, FMR LLC, and its leader, Abigail P. Johnson, maintain a substantial stake in Performance Food Group Co., signaling their continued confidence in the company.
Risk Assessment
Risk Level: low — This filing indicates a stable, significant institutional ownership, which generally reduces volatility and provides a level of confidence.
Analyst Insight
Investors should note the continued strong institutional backing from FMR LLC, which can be a positive signal, but this filing itself doesn't suggest immediate action beyond acknowledging stable ownership.
Key Numbers
- 12,708,112 — Shares Beneficially Owned (Represents the total common stock shares held by FMR LLC and Abigail P. Johnson in Performance Food Group Co.)
- 8.167% — Percent of Class (Indicates the significant portion of Performance Food Group Co.'s common stock owned by these reporting persons.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person and principal owner of FMR LLC
- Performance Food Group Co (company) — the issuer of the common stock
- 12,708,112 (dollar_amount) — total shares beneficially owned by FMR LLC and Abigail P. Johnson
- 8.167% (dollar_amount) — percentage of class beneficially owned by FMR LLC and Abigail P. Johnson
Forward-Looking Statements
- FMR LLC will likely maintain a significant stake in Performance Food Group Co. for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09
FAQ
Who are the primary reporting persons in this SC 13G/A filing?
The primary reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing for both entities.
What is the total number of shares of Performance Food Group Co. common stock beneficially owned by FMR LLC and Abigail P. Johnson?
Both FMR LLC and Abigail P. Johnson beneficially own 12,708,112 shares of Performance Food Group Co. common stock, as indicated in Item 7 and Item 4(a) for both reporting persons.
What percentage of Performance Food Group Co.'s common stock do the reporting persons collectively own?
FMR LLC and Abigail P. Johnson collectively own 8.167% of the class of Performance Food Group Co.'s common stock, as shown in Item 11 and Item 4(b) for both reporting persons.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the 'x' in the appropriate box on the cover page and in Item 3 of the filing.
What is the CUSIP number for Performance Food Group Co.'s common stock?
The CUSIP number for Performance Food Group Co.'s common stock is 71377A103, as stated in the filing's cover page and Item 2(e).
From the Filing
EDGAR Filing Documents for 0000315066-24-001302 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0000315066-24-001302 Filing Date 2024-02-09 Accepted 2024-02-09 09:28:31 Documents 1 Document Format Files Seq Description Document Type Size 1 filing.txt SC 13G/A 6657 Complete submission text file 0000315066-24-001302.txt 8312 Mailing Address 245 SUMMER STREET BOSTON MA 02210 Business Address 245 SUMMER STREET BOSTON MA 02210 6175706339 FMR LLC (Filed by) CIK : 0000315066 (see all company filings) EIN. : 043532603 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 0000 Mailing Address 12500 WEST CREEK PARKWAY RICHMOND VA 23238 Business Address 12500 WEST CREEK PARKWAY RICHMOND VA 23238 (804) 484-7700 Performance Food Group Co (Subject) CIK : 0001618673 (see all company filings) EIN. : 431983182 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-89371 | Film No.: 24611895 SIC : 5141 Wholesale-Groceries, General Line (CF Office: 07 Trade & Services)