US FOODS HLDG CORP USFD
COM · Common Stock · CUSIP 912008109 · ISIN US9120081099
Food companies and a foodservice distributor
- SectorConsumer staples
- IndustryWholesale-Groceries & Related Products
- HeadquartersRosemont, IL
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($17.5m this quarter). Holder counts are more reliable. Shares outstanding: 244.6m as of 2024-08-02, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $52.98. Options: 14 managers hold calls ($35.3m notional), 18 hold puts ($174.6m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 301 |
| Q4 2022 | 318 |
| Q1 2023 | 356 |
| Q2 2023 | 399 |
| Q3 2023 | 396 |
| Q4 2023 | 423 |
| Q1 2024 | 441 |
| Q2 2024 | 453 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 150 | 158 |
| Q1 2023 | 200 | 138 |
| Q2 2023 | 222 | 142 |
| Q3 2023 | 198 | 181 |
| Q4 2023 | 185 | 200 |
| Q1 2024 | 225 | 202 |
| Q2 2024 | 239 | 188 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $135.0m | $131.2m | 0.97 |
| Q4 2023 | $148.7m | $49.3m | 0.33 |
| Q1 2024 | $27.3m | $175.6m | 6.43 |
| Q2 2024 | $35.3m | $174.6m | 4.95 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +5.9m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +2.1m |
| CITADEL ADVISORS LLC | Added | +1.6m |
| Interval Partners, LP | Added | +1.5m |
| Point72 Asset Management, L.P. | Added | +1.1m |
| VANGUARD GROUP INC | Added | +940.0k |
| Ensign Peak Advisors, Inc | Added | +695.0k |
| Balyasny Asset Management L.P. | Added | +623.0k |
| Schonfeld Strategic Advisors LLC | Added | +601.9k |
| Woodline Partners LP | Added | +599.6k |
Biggest sellers
| Longview Partners (Guernsey) LTD | Sold out | -7.3m |
| MORGAN STANLEY | Reduced | -4.4m |
| Sachem Head Capital Management LP | Reduced | -2.2m |
| Boston Partners | Reduced | -1.4m |
| JPMORGAN CHASE & CO | Reduced | -1.1m |
| Invesco Ltd. | Reduced | -981.1k |
| LORD, ABBETT & CO. LLC | Sold out | -850.0k |
| JUPITER ASSET MANAGEMENT LTD | Reduced | -831.1k |
| Clarkston Capital Partners, LLC | Reduced | -799.6k |
| CARDINAL CAPITAL MANAGEMENT LLC /CT | Reduced | -645.1k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.4m309.1k shares |
| Walleye Capital LLC | Added | $4.7m89.6k shares |
| Point72 Asset Management, L.P. | Reduced | $4.0m75.8k shares |
| CITADEL ADVISORS LLC | Reduced | $2.6m48.6k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $1.7m32.2k shares |
| SIMPLEX TRADING, LLC | Added | $1.2m23.5k shares |
| GTS SECURITIES LLC | New | $1.1m20.4k shares |
| Walleye Trading LLC | Added | $1.1m20.0k shares |
| IMC-Chicago, LLC | New | $858.3k16.2k shares |
| JANE STREET GROUP, LLC | New | $784.1k14.8k shares |
Biggest puts
| Public Sector Pension Investment Board | Unchanged | $132.4m2.5m shares |
| Point72 Asset Management, L.P. | Reduced | $8.1m153.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.5m123.0k shares |
| SIMPLEX TRADING, LLC | Added | $6.1m115.9k shares |
| Caption Management, LLC | Unchanged | $5.3m100.0k shares |
| Squarepoint Ops LLC | New | $4.8m90.5k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $2.5m46.6k shares |
| Schonfeld Strategic Advisors LLC | New | $2.4m45.0k shares |
| Walleye Capital LLC | Added | $2.0m37.6k shares |
| CITADEL ADVISORS LLC | Reduced | $1.9m36.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| WELLINGTON MANAGEMENT GROUP LLP 13G · institution +3.2 pts · filed 2026-07-08 | 10.4% |
| BlackRock, Inc. 13G · institution filed 2026-07-30 | 9.0% |
| Boston Partners 13G · institution +1.2 pts · filed 2026-08-04 | 7.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.3% |
Fell to 5% or below in the last year: FMR LLC (4.1%, 2026-08-06), Capital World Investors (3.5%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 4 | $2.6m | — |
| Q1 2023 | 0 | — | 4 | $5.0m | $1.7m |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 1 | $131.6m | — |
| Q1 2024 | 0 | — | 1 | $3.1m | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 24.0m $1.3bn | Added +940.0k |
| FMR LLC 0.08% of their portfolio | 23.1m $1.2bn | Added +130.1k |
| BlackRock Inc. 0.02% of their portfolio | 19.6m $1.0bn | Reduced -220.8k |
| Boston Partners 1.00% of their portfolio | 15.2m $803.4m | Reduced -1.4m |
| Sachem Head Capital Management LP 36.11% of their portfolio | 13.7m $726.2m | Reduced -2.2m |
| VICTORY CAPITAL MANAGEMENT INC 0.55% of their portfolio | 10.4m $550.1m | Added +500.1k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 10.1m $532.8m | Reduced -1.1m |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 9.7m $512.4m | Added +5.9m |
| Invesco Ltd. 0.11% of their portfolio | 9.5m $505.1m | Reduced -981.1k |
| STATE STREET CORP 0.02% of their portfolio | 6.7m $356.5m | Added +3.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.11% of their portfolio | 6.6m $347.1m | Added +2.1m |
| Clarkston Capital Partners, LLC 5.82% of their portfolio | 5.8m $305.1m | Reduced -799.6k |
| BESSEMER GROUP INC 0.44% of their portfolio | 4.7m $250.5m | Added +273.2k |
| Dorsal Capital Management, LP 8.48% of their portfolio | 4.7m $246.4m | Reduced -25.4k |
| DIMENSIONAL FUND ADVISORS LP 0.06% of their portfolio | 4.5m $239.9m | Added +567.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 3.7m $197.7m | Added +90.9k |
| CI INVESTMENTS INC. 0.74% of their portfolio | 3.5m $187.3m | Reduced -376.8k |
| Atalan Capital Partners, LP 15.57% of their portfolio | 3.2m $167.0m | Reduced -447.3k |
| GLENVIEW CAPITAL MANAGEMENT, LLC 2.80% of their portfolio | 2.5m $132.2m | Reduced -29.3k |
| NORGES BANK 0.02% of their portfolio | 2.3m $122.4m | Reduced -178.9k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 2.1m $113.2m | Added +562.4k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 2.1m $110.4m | Reduced -42.2k |
| Point72 Asset Management, L.P. 0.35% of their portfolio | 2.0m $108.1m | Added +1.1m |
| AMERIPRISE FINANCIAL INC 0.03% of their portfolio | 2.0m $107.6m | Reduced -87.0k |
| Sessa Capital IM, L.P. 4.14% of their portfolio | 2.0m $106.0m | Unchanged |
| CITADEL ADVISORS LLC 0.10% of their portfolio | 2.0m $104.1m | Added +1.6m |
| Interval Partners, LP 2.90% of their portfolio | 1.9m $98.9m | Added +1.5m |
| Davidson Kempner Capital Management LP 1.50% of their portfolio | 1.7m $90.6m | Added +254.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.6m $86.4m | Added +250.4k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.59% of their portfolio | 1.6m $85.4m | Reduced -234.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.6m $84.9m | Added +16.8k |
| CADIAN CAPITAL MANAGEMENT, LP 3.62% of their portfolio | 1.4m $72.7m | Reduced -68.3k |
| DENDUR CAPITAL LP 13.26% of their portfolio | 1.4m $71.5m | Added +155.4k |
| Schonfeld Strategic Advisors LLC 0.53% of their portfolio | 1.3m $68.0m | Added +601.9k |
| MORGAN STANLEY 0.01% of their portfolio | 1.3m $67.0m | Reduced -4.4m |
| Pertento Partners LLP 8.16% of their portfolio | 1.2m $64.4m | Added +528.0k |
| Ensign Peak Advisors, Inc 0.11% of their portfolio | 1.1m $57.8m | Added +695.0k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.92% of their portfolio | 1.1m $57.5m | Reduced -25.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 978.3k $51.8m | Added +30.4k |
| Tensile Capital Management LP 5.59% of their portfolio | 956.3k $50.7m | Unchanged |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 880.7k $46.7m | Reduced -454.9k |
| Woodline Partners LP 0.45% of their portfolio | 876.5k $46.4m | Added +599.6k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 847.8k $44.9m | Reduced -86.1k |
| RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio | 820.9k $43.5m | Reduced -118.1k |
| Verition Fund Management LLC 0.32% of their portfolio | 772.9k $40.9m | Added +268.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 753.5k $39.9m | Reduced -98.5k |
| Chescapmanager LLC 6.20% of their portfolio | 741.3k $39.3m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 734.9k $38.9m | Added +241.0k |
| Balyasny Asset Management L.P. 0.10% of their portfolio | 722.6k $38.3m | Added +623.0k |
| Hook Mill Capital Partners, LP 5.65% of their portfolio | 713.7k $37.8m | Added +289.9k |
| CIBC Private Wealth Group LLC 0.07% of their portfolio | 703.1k $36.3m | Reduced -2.4k |
| Qube Research & Technologies Ltd 0.07% of their portfolio | 687.5k $36.4m | Reduced -104.8k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 632.8k $33.5m | Reduced -10.8k |
| MARSHALL WACE, LLP 0.04% of their portfolio | 518.6k $27.5m | New |
| Legal & General Group Plc 0.01% of their portfolio | 505.9k $26.8m | Reduced -48.8k |
| FACTORY MUTUAL INSURANCE CO 0.30% of their portfolio | 492.3k $26.1m | Added +20.1k |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.11% of their portfolio | 481.6k $25.5m | Added +40.2k |
| COOKSON PEIRCE & CO INC 1.21% of their portfolio | 476.2k $25.2m | Added +65.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 476.1k $25.2m | Added +59.7k |
| CLEARFIELD CAPITAL MANAGEMENT LP 22.56% of their portfolio | 473.4k $25.1m | Added +113.9k |
| MACQUARIE GROUP LTD 0.03% of their portfolio | 465.4k $24.7m | Added +28.4k |
| Artemis Investment Management LLP 0.33% of their portfolio | 462.1k $24.5m | Added +73.0k |
| Polar Capital Holdings Plc 0.14% of their portfolio | 460.1k $24.4m | Reduced -4.4k |
| Swiss National Bank 0.02% of their portfolio | 457.6k $24.2m | Reduced -3.6k |
| California Public Employees Retirement System 0.02% of their portfolio | 445.1k $23.6m | Added +20.5k |
| SASCO CAPITAL INC / CT/ 3.21% of their portfolio | 428.8k $22.7m | Reduced -4.1k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.06% of their portfolio | 409.9k $21.7m | Reduced -107.5k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 407.1k $21.6m | Added +60.4k |
| Ararat Capital Management LP 6.35% of their portfolio | 390.5k $20.7m | Reduced -36.9k |
| LMR Partners LLP 0.43% of their portfolio | 378.8k $20.1m | Reduced -20.0k |
| GREAT LAKES ADVISORS, LLC 0.17% of their portfolio | 352.1k $18.7m | Added +126.7k |
| Impax Asset Management Group plc 0.07% of their portfolio | 335.0k $17.7m | Unchanged |
| Retirement Systems of Alabama 0.07% of their portfolio | 331.1k $17.5m | Reduced -4.8k |
| STRS OHIO 0.07% of their portfolio | 325.7k $17.3m | Added +2.0k |
| JUPITER ASSET MANAGEMENT LTD 0.16% of their portfolio | 323.4k $17.1m | Reduced -831.1k |
| South Street Advisors LLC 2.58% of their portfolio | 321.2k $17.0m | Added +3.6k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 319.7k $16.9m | Reduced -101.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 314.0k $16.6m | Reduced -23.6k |
| Aryeh Capital Management Ltd. 10.17% of their portfolio | 299.0k $15.8m | Unchanged |
| Corebridge Financial, Inc. 0.08% of their portfolio | 286.1k $15.2m | First filing |
| Rivermont Capital Management LP 6.45% of their portfolio | 284.5k $15.1m | Added +49.5k |
| Unisphere Establishment 0.15% of their portfolio | 272.5k $14.4m | Reduced -27.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 272.3k $14.4m | Added +29.2k |
| Distillate Capital Partners LLC 0.74% of their portfolio | 263.3k $14.0m | New |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 251.3k $13.3m | Reduced -96.0k |
| MAKENA CAPITAL MANAGEMENT LLC 3.08% of their portfolio | 250.5k $13.3m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 249.6k $13.2m | Added +86.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 246.9k $13.1m | Added +6.0k |
| TUDOR INVESTMENT CORP ET AL 0.15% of their portfolio | 244.7k $13.0m | Added +140.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 237.6k $12.6m | Added +75.5k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 237.0k $12.6m | Added +113.2k |
| Curi Capital, LLC 0.29% of their portfolio | 231.6k $12.3m | Added +14.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 229.5k $12.2m | Reduced -6.0k |
| Assenagon Asset Management S.A. 0.03% of their portfolio | 228.5k $12.1m | Reduced -21.4k |
| Focus Partners Wealth 0.04% of their portfolio | 225.7k $12.0m | Added +112.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 208.2k $11.0m | Added +48.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 206.5k $10.9m | Added +3.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 196.4k $10.4m | Added +3.7k |
| PRUDENTIAL FINANCIAL INC 0.02% of their portfolio | 188.9k $10.0m | Added +37.6k |
| Hudson Bay Capital Management LP 0.07% of their portfolio | 186.8k $9.9m | Added +110.9k |