Nelson Peltz’s New Target

Amidst all the 13F frenzy, Nelson Peltz and Trian Partners slipped in a 13D, going active on Sysco (NYSE: SYY) - the $23 billion market cap food wholesaler. It's failed merger with U.S. Foods put some pressure on the stock, still down 1% YTD even after the Peltz pop.

Peltz owns 7.1% of the company and is looking to start a conversation about the company's operational inefficiencies, management compensation and a new share buyback. Peltz is also looking for board representation.

Until Peltz...

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