What smart money is saying about Performance Food Group
3 funds in our archive have pitched Performance Food Group — most recently Antipodes Global Fund in June 2026.
Performance Food Group Company, through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America. It operates through three segments: Foodservice, Convenience, and Specialty. The company offers beef, pork, poultry, and seafood; frozen food and refrigerated products; dry groceries comprising cleaning and kitchen supplies and disposables; candy, snacks, and beverages; and fresh products, groceries, dairy, bread, beverages, general merchandise, and health and beauty care products, as well as cigarettes and other nicotine products. It also operates distribution centers. In addition, the company provides marketing programs and technology solutions to customer locations, as well as value-added services in the areas of product selection and procurement, menu development, and operational strategy. It serves individual restaurants, national and regional chain restaurants, vending distributors, theaters, retailers, and national, regional, and independent convenience stores. Performance Food Group Company was founded in 1885 and is headquartered in Richmond, Virginia.
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Fund signal · last 12 months
4 lettersToo few moves on Performance Food Group yet for a clear signal
Moves described in fund letters in our archive. A sentence published word for word by several funds of one house in the same quarter counts once.
Position history
Between Q3 2025 and Q3 2026, 6 fund letters reported a position in Performance Food Group, with 2 buys (opened or added) and 1 sell (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 2 | 0 | 1 | 0 |
| Q2 2026 | 2 | 2 | 0 | 2 |
| Q4 2025 | 0 | 0 | 0 | 1 |
| Q3 2025 | 2 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 6 positions · 3 moves
- September 2026
“Wingstop was not alone as broader concerns about the health of the consumer and overall restaurant traffic contributed to pressure for foodservice distributor Performance Food Group.”
Performance Food Group - September 2026
“Performance Food Group Return: -18% · Avg. Weight: 5% · Total Effect: -61 bps PFGC distributes food products to restaurants, retailers, and other foodservice customers. The company's results came in roughly in line, but missed some investors' elevated expectations with softer gross-profit-dollar growth and lighter convenience- segment revenue. However, its core foodservice business continued to show market share gains. We reduced the position during the quarter.”
Performance Food Group - New positionAntipodes Global SMID Active ETFJune 2026
“We initiated positions in Norwegian Cruise Line and Performance Food Group (PFGC).”
Performance Food Group - New positionAntipodes Global FundJune 2026
“Performance Food Group (Entry): Performance Food Group (PFG) is one of the largest and fastest-growing consolidators in the fragmented $385bn US foodservice distribution market.”
Performance Food Group - HoldsVela Small Cap FundSeptember 2025
“Also, food distributor, Performance Food Group Company (PFGC), reported strong results in line with an Analyst Day held in May. Double digit revenue growth across all segments was aided by recent acquisitions. The company also confirmed they have entered discussions with US Foods Holding Group (USFD) about the possibility of a combination.”
Performance Food Group - September 2025
“Consumer staples also contributed positively, led by strong gains in Performance Food Group, which advanced on constructive activist engagement and speculation around a potential strategic combination with US Foods.”
Performance Food Group
Fund coverage · 3 theses
- Antipodes Global FundJune 2026
Performance Food Group is a large consolidator in foodservice distribution with strong sales growth, M&A-driven scale benefits, and attractive EPS compounding potential.
Read the full thesis - Antipodes Global SMID Active ETFJune 2026
Performance Food Group is seen as a steady compounder taking share in the higher-margin restaurant channel after a sell-off.
Read the full thesis - Aristotle Core EquityDecember 2025
Performance Food Group is a diversified, inflation-resilient distributor with defensive end markets, consolidation opportunities, private label upside, and catalysts that support sales and EPS growth.
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