Glenview Trust Co significantly reduced its holdings in Sysco Corporation (NYSE:SYY) by 53.1% in the third quarter, selling 161,055 shares. Despite this, other institutions like Norges Bank and Vanguard Group Inc. increased their stakes, with institutional investors and hedge funds owning 83.41% of the stock. Insider selling also occurred, with EVP Ronald L. Phillips and Director Sheila Talton offloading shares.
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Glenview Trust Co Lowers Holdings in Sysco Corporation $SYY
Glenview Trust Co significantly reduced its holdings in Sysco Corporation (NYSE:SYY) by 53.1% in the third quarter, selling 161,055 shares. Despite this, other institutions like Norges Bank and Vanguard Group Inc. increased their stakes, with institutional investors and hedge funds owning 83.41% of the stock. Insider selling also occurred, with EVP Ronald L. Phillips and Director Sheila Talton offloading shares.