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What smart money is saying about Sysco CorporationUnited States flag

SYY · Consumer Defensive · Food Distribution · Market cap $37.63B

6 funds in our archive have pitched Sysco Corporation — most recently Harris Associates U.S. Large Value Strategy in March 2026.

Company profile

Sysco Corporation (SYY) stands as a prominent distributor and marketer of food and related goods, primarily serving the "food-away-from-home" sector across global markets, including the United States, Canada, the United Kingdom, and France. The company structures its operations across several key divisions: U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. The extensive inventory includes a wide variety of food items. These range from frozen products such as meats, seafood, prepared entrées, fruits, vegetables, and desserts, to shelf-stable canned and dry goods. Sysco also supplies fresh meats, seafood, dairy products, diverse beverages, specialized imported items, and fresh produce. Beyond culinary provisions, Sysco furnishes essential non-food supplies crucial for foodservice establishments. These encompass disposable paper products (like napkins, plates, and cups), tableware (including china and silverware), various cookware items (pots, pans, and utensils), a broad selection of restaurant and kitchen equipment and supplies, and cleaning solutions. Its broad customer base spans numerous foodservice venues, such as independent and chain restaurants, hospitals, nursing homes, schools, colleges, hotels, motels, and industrial caterers. As of August 27, 2021, its operations were supported by an impressive network of 343 distribution facilities. Founded in 1969, Sysco Corporation maintains its headquarters in Houston, Texas.

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Summarize with Warren AI
3
Reported positions
3
Bought
0
Sold
7
Letters

Position history

Between Q4 2024 and Q1 2026, 3 fund letters reported a position in Sysco Corporation3 opened or added to the position.

Fund letters reporting a position in Sysco Corporation, by quarter
QuarterLettersBoughtSoldTheses
Q1 20263303
Q1 20250001
Q4 20240002

Fund activity · 3 positions · 3 moves

  • New positionBA Beutel Goodman U.S. Value Fund
    March 2026
    We added several new positions during the quarter: Union Pacific, Sysco, Wells Fargo, Beckton Dickinson and Marsh & McLennan.
    Read the letterSysco Corporation
  • New positionHarris Associates U.S. Large Value Strategy
    March 2026
    we were happy to purchase shares at a discount to peers and the company’s own historical trading multiple.
    Read the letterSysco Corporation
  • New positionBA Beutel Goodman World Value Fund
    March 2026
    During the quarter, we initiated positions in Union Pacific, Brookfield Asset Management, Sysco and Becton Dickinson.
    Read the letterSysco Corporation

Fund coverage · 6 theses

  • Harris Associates U.S. Large Value Strategy
    March 2026

    Sysco benefits from scale, secular food-away-from-home trends, and an improving turnaround with attractive valuation.

    Read the full thesis
  • BA Beutel Goodman U.S. Value Fund
    March 2026

    Sysco has leading market positions, massive scale, and a long profit growth runway supported by diversification and cost advantages.

    Read the full thesis
  • Oakmark Equity and Income Fund
    March 2026

    Sysco Corporation is a scale-advantaged foodservice distributor benefiting from secular trends and a turnaround, available at an attractive valuation.

    Read the full thesis
  • Oakmark Global Select Fund
    March 2025

    Sysco Corporation is a leading food service distribution company that, despite recent growth challenges in independent restaurants, is poised for long-term success due to strategic changes in its salesforce and a strong market position.

    Read the full thesis
  • Harris Global Concentrated Strategy
    December 2024

    Sysco Corporation is a high-quality foodservice distribution company benefiting from scale advantages, poised for long-term growth despite recent slowdowns in independent restaurant sales.

    Read the full thesis
  • Heartland Mid Cap Value Fund
    December 2024

    Sysco is leveraging a transformative self-help strategy with enhanced digital capabilities and specialty services to capture market share and drive growth in the fragmented food service distribution industry.

    Read the full thesis

Read every full thesis on Sysco Corporation

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