Cheesecake Factory
CAKE
225 hedge funds and large institutions have $1.32B invested in Cheesecake Factory in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 67 increasing their positions, 94 reducing their positions, and 39 closing their positions.
5.48% less ownership
Funds ownership: 90.45% → 84.97% (-5.5%)
6% less funds holding
Funds holding: 240 → 225 (-15)
14% less call options, than puts
Call options by funds: $33.3M | Put options by funds: $38.7M
17% less capital invested
Capital invested by funds: $1.58B → $1.32B (-$265M)
29% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 94
33% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$12.5M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
+$9.72M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.04M |
| 4 |
Squarepoint
New York
|
+$4.79M |
| 5 |
Walleye Capital
New York
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
-$20.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$18.9M |
| 3 |
Millennium Management
New York
|
-$9.12M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$8.94M |
| 5 |
BAMCO Inc
New York
|
-$7.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PI
251
PineBridge Investments
New York
| – | -$38.3K | -1,108 | Closed |
|
|
AAM
252
Advisors Asset Management
Monument,
Colorado
| – | -$24.3K | -702 | Closed |
|
253
Point72 Asset Management
Stamford,
Connecticut
| – | -$11.9K | -356 | Closed |
|
|
ODG
254
O'Dell Group
Cincinnati,
Ohio
| – | -$6.92K | -200 | Closed |
|
|
BG
255
Bollard Group
Boston,
Massachusetts
| – | -$4K | -121 | Closed |
|
|
EC
256
Elequin Capital
New York
| – | -$2.32K | -67 | Closed |
|
257
Parallax Volatility Advisers
San Francisco,
California
| – | -$1.6K | -48 | Closed |
|
|
FCA
258
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$1.4K | -44 | Closed |
|
|
CAS
259
Coppell Advisory Solutions
Coppell,
Texas
| – | -$1.41K | -41 | Closed |
|
|
CG
260
Cutler Group
San Francisco,
California
| – | -$1.2K | -36 | Closed |
|
|
HNB
261
Huntington National Bank
Columbus,
Ohio
| – | -$449 | -13 | Closed |
|
|
DI
262
Disciplined Investments
Tulsa,
Oklahoma
| – | -$104 | -3 | Closed |
|
|
C
263
Covestor
London,
United Kingdom
| – | -$33 | -1 | -20% |
|
|
SFG
264
Steward Financial Group
Colleyville,
Texas
| – | +$333 | +10 | New |
|
CAKE Hedge Fund Activity: Q3 2023 in Review
225 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q3 2023, worth a combined $1.32B — down 17% from $1.58B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of CAKE and 26 opened new positions — a net loss of 13 holders — while 94 trimmed existing stakes and 67 added.
The largest buyer was Invesco, adding an estimated $12.5M. The largest seller was Comerica Bank, cutting an estimated $20.2M.
- 225 institutional investors held Cheesecake Factory (CAKE) as of Q3 2023, down from 240 in Q2 2023.
- Funds reported $1.32B of Cheesecake Factory stock for Q3 2023, down 17% quarter-over-quarter.
- 26 funds opened new Cheesecake Factory positions in Q3 2023 and 39 closed out, a net change of -13 holders.
- The largest Cheesecake Factory buyer in Q3 2023 was Invesco, an estimated $12.5M added.
- The largest Cheesecake Factory seller in Q3 2023 was Comerica Bank, an estimated $20.2M sold.
Based on aggregated 13F filings for Q3 2023.