Capital World Investors Holds 17.2% Stake in Performance Food Group

TL;DR

**Big investor Capital World Investors still owns 17.2% of Performance Food Group.**

AI Summary

Capital World Investors, a major institutional investor, has updated its holdings in Performance Food Group Co. (PFGC) as of December 29, 2023. The filing, an SC 13G/A amendment, shows that Capital World Investors beneficially owns 21,426,852 shares of PFGC's common stock, representing 17.2% of the company. This is a significant stake, indicating continued confidence from a large investment firm, which could be a positive signal for current and prospective shareholders.

Why It Matters

This filing reveals that a major institutional investor, Capital World Investors, maintains a substantial ownership stake in Performance Food Group, signaling their continued belief in the company's prospects.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant institutional ownership, which generally reduces volatility and provides a vote of confidence.

Analyst Insight

Investors should view this as a positive signal, as a large, sophisticated institutional investor like Capital World Investors maintaining a substantial stake suggests confidence in Performance Food Group's long-term value. This could warrant further research into PFGC's fundamentals.

Key Numbers

• 21,426,852 — Shares Beneficially Owned (Represents the total number of Performance Food Group Co. common shares held by Capital World Investors.)
• 17.2% — Percentage of Class Owned (Indicates the significant ownership stake Capital World Investors has in Performance Food Group Co.)
• December 29, 2023 — Date of Event (The specific date on which the ownership stake was calculated for this filing.)

Key Players & Entities

• Capital World Investors (company) — the reporting person and institutional investor
• Performance Food Group Co. (company) — the subject company whose shares are being reported
• 21,426,852 (dollar_amount) — the aggregate number of shares beneficially owned
• 17.2% (dollar_amount) — the percentage of the class beneficially owned
• December 29, 2023 (person) — the date of the event requiring the filing

Forward-Looking Statements

• Capital World Investors will likely maintain a significant stake in Performance Food Group Co. for the foreseeable future. (Capital World Investors) — high confidence, target: Next 12-24 months

FAQ

Filing Documents

• SEC13G_Filing.htm (SC 13G/A) — 16KB
• 0001422848-24-000243.txt ( ) — 18KB

From the Filing

SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2 ) * Performance Food Group Co. (Name of Issuer) Common Stock (Title of Class of Securities) 71377A103 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 71377A103 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Capital World Investors 95-1411037 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 21,426,792 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 21,426,852 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 21,426,852 Beneficial ownership disclaimed pursuant to Rule 13d-4 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 13.8% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer Performance Food Group Co. (b) Address of Issuer's Principal Executive Offices 12500 West Creek Parkway, Richmond, VA 23238 Item 2. (a) Name of Person Filing Capital World Investors (b) Address of Principal Business Office or, if None, Residence 333 SOUTH HOPE STREET, 55TH FLOOR, LOS ANGELES, CALIFORNIA 90071 (c) Citizenship N/A (d) Title of Class of Securities Common Stock (e) CUSIP Number 71377A103 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 21,426,852 ** (b) Percent of Class: 13.8% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 21,426,792 (ii) shared power to vote or to direct the vote 0 (iii) sole power to dispose or to direct the disposition of 21,426,852 (iv) shared power to dispose or to direct the disposition of 0 **Capital World Investors ("CWI") is a division of Capital Research and Management Company ("CRMC"), as well as its investment management subsidiaries and affiliates Capital Bank and Trust Company, Capital International, Inc., Capital International Limited, Capital International Sarl, Capital International K.K., Capital Group Private Client Services, Inc., and Capital Group Investment Management Private Limited (together with CRMC, the "investment management entities"). CWI's divisions of each of the investment management entities collectively provide investment management services under the name "Capital World Investors." CWI is deemed to be the beneficial owner of 21,426,852 shares or 13.8% of the 155,600,943 shares believed to be outstanding. Item 5. Ownership of Five Percent or Less of Class. If this statement is being filed to report the fact that as of the date hereof the repo