Tensile Capital Management LP: US FOODS HOLDING CORP (USFD): Quarterly 13F Position History
As of Q1 2026, Tensile Capital Management LP reported 541,042 shares of US FOODS HOLDING CORP (USFD), worth $49.9M and representing 7.1% of its 13F equity book. Quarter-over-quarter share count change: 223,000 (-29.2%) . The position first appeared in Q2 2023 and has been disclosed across 12 13F-HR filings in Pactolio's tracked window.
- 541,042Shares Held (Latest Filing)
- $49.9MReported Market Value (Latest Filing)
- 7.1%Portfolio Weight (% of 13F Equity Book)
- 223,000Quarter-over-Quarter Share Change
- -$7.7MQuarter-over-Quarter Value Change
- 1,056,314Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 12 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 541,042 | 223,000 | -29.2% | $49.9M | 7.1% | $92.2 |
| Q4 2025 | 764,042 | 0 | — | $57.5M | 7.5% | $75.3 |
| Q3 2025 | 764,042 | 35,000 | -4.4% | $58.5M | 7.3% | $76.6 |
| Q2 2025 | 799,042 | 25,000 | -3.0% | $61.5M | 7.4% | $77.0 |
| Q1 2025 | 824,042 | 22,272 | -2.6% | $53.9M | 6.9% | $65.5 |
| Q4 2024 | 846,314 | 85,000 | -9.1% | $57.1M | 5.9% | $67.5 |
| Q3 2024 | 931,314 | 25,000 | -2.6% | $57.3M | 6.2% | $61.5 |
| Q2 2024 | 956,314 | 0 | — | $50.7M | 5.6% | $53.0 |
| Q1 2024 | 956,314 | 100,000 | -9.5% | $51.6M | 5.6% | $54.0 |
| Q4 2023 | 1,056,314 | +306,600 | +40.9% | $48.0M | 5.6% | $45.4 |
| Q3 2023 | 749,714 | +553,600 | +282.3% | $29.8M | 3.7% | $39.7 |
| Q2 2023 | 196,114 | — | — | $8.6M | 1.1% | $44.0 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Tensile Capital Management LP first disclose a USFD position in 13F-HR filings?
Tensile Capital Management LP first reported US FOODS HOLDING CORP (USFD) on its 13F-HR filing for the period ending 2023-06-30 (Q2 2023). The position has appeared on 12 reported quarters within Pactolio's tracked window.
What was Tensile Capital Management LP's most recent quarter-over-quarter share-count change in USFD?
Between Q4 2025 and Q1 2026, Tensile Capital Management LP reduced its USFD position by 223,000 shares (-29.2%), leaving 541,042 shares at a market value of $49.9M.
Does the implied price-per-share represent Tensile Capital Management LP's cost basis in USFD?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.