Cheesecake Factory
CAKE
225 hedge funds and large institutions have $1.58B invested in Cheesecake Factory in 2020 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 65 increasing their positions, 78 reducing their positions, and 40 closing their positions.
31% more capital invested
Capital invested by funds: $1.21B → $1.58B (+$373M)
1% less funds holding
Funds holding: 227 → 225 (-2)
3% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 40
3.1% less ownership
Funds ownership: 96.97% → 93.87% (-3.1%)
17% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 78
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less call options, than puts
Call options by funds: $33.7M | Put options by funds: $73.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Holocene Advisors
New York
|
+$36.5M |
| 2 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
+$30M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$26.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$21.5M |
| 5 |
SI
Sapience Investments
Newport Beach,
California
|
+$9.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$20.5M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$19.2M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$16.7M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$14.9M |
| 5 |
Goldman Sachs
New York
|
-$13.3M |
CAKE Hedge Fund Activity: Q4 2020 in Review
225 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q4 2020, worth a combined $1.58B — up 31% from $1.21B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CAKE and 39 opened new positions — a net loss of 1 holder — while 78 trimmed existing stakes and 65 added.
The largest buyer was Holocene Advisors, opening a new position worth an estimated $36.5M. The largest seller was Arrowstreet Capital, cutting an estimated $20.5M.
- 225 institutional investors held Cheesecake Factory (CAKE) as of Q4 2020, down from 227 in Q3 2020.
- Funds reported $1.58B of Cheesecake Factory stock for Q4 2020, up 31% quarter-over-quarter.
- 39 funds opened new Cheesecake Factory positions in Q4 2020 and 40 closed out, a net change of -1 holder.
- The largest Cheesecake Factory buyer in Q4 2020 was Holocene Advisors, an estimated $36.5M added.
- The largest Cheesecake Factory seller in Q4 2020 was Arrowstreet Capital, an estimated $20.5M sold.
Based on aggregated 13F filings for Q4 2020.