Cheesecake Factory
CAKE
231 hedge funds and large institutions have $2.06B invested in Cheesecake Factory in 2014 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 71 increasing their positions, 85 reducing their positions, and 26 closing their positions.
15% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 26
1% more funds holding
Funds holding: 228 → 231 (+3)
4% less capital invested
Capital invested by funds: $2.14B → $2.06B (-$79.4M)
16% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 85
56% less call options, than puts
Call options by funds: $7.86M | Put options by funds: $18.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$33.7M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$21.4M |
| 3 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
+$10.2M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$9.65M |
| 5 |
IP
Interval Partners
New York
|
+$9.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$46M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$20.8M |
| 3 |
Jennison Associates
New York
|
-$11M |
| 4 |
TA
Teachers Advisors
New York
|
-$8.23M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
251
World Asset Management
Detroit,
Michigan
| – | -$207K | -4,450 | Closed |
|
|
T
252
TradeWorx
Red Bank,
New Jersey
| – | -$201K | -4,324 | Closed |
|
253
KBC Group
Brussels,
Belgium
| – | -$139K | -3,000 | Closed |
|
|
ARC
254
Absolute Return Capital
Boston,
Massachusetts
| – | -$67K | -1,437 | Closed |
|
|
AP
255
Advisors Preferred
Rockville,
Maryland
| – | -$45.5K | -981 | Closed |
|
|
QT
256
Quantbot Technologies
New York
| – | -$41K | -891 | Closed |
|
|
BRWA
257
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$23.5K | -506 | Closed |
|
CAKE Hedge Fund Activity: Q3 2014 in Review
231 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q3 2014, worth a combined $2.06B — down 3.7% from $2.14B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new CAKE positions and 26 closed out — a net gain of 4 holders — while 71 added to existing stakes and 85 trimmed.
The largest buyer was Boston Trust Walden, opening a new position worth an estimated $33.7M. The largest seller was Fidelity Investments, cutting an estimated $46M.
- 231 institutional investors held Cheesecake Factory (CAKE) as of Q3 2014, up from 228 in Q2 2014.
- Funds reported $2.06B of Cheesecake Factory stock for Q3 2014, down 3.7% quarter-over-quarter.
- 30 funds opened new Cheesecake Factory positions in Q3 2014 and 26 closed out, a net change of +4 holders.
- The largest Cheesecake Factory buyer in Q3 2014 was Boston Trust Walden, an estimated $33.7M added.
- The largest Cheesecake Factory seller in Q3 2014 was Fidelity Investments, an estimated $46M sold.
Based on aggregated 13F filings for Q3 2014.