Cheesecake Factory
CAKE
297 hedge funds and large institutions have $2.3B invested in Cheesecake Factory in 2019 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 98 increasing their positions, 91 reducing their positions, and 34 closing their positions.
29% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 34
15% more capital invested
Capital invested by funds: $2B → $2.3B (+$302M)
3% more funds holding
Funds holding: 288 → 297 (+9)
1.54% more ownership
Funds ownership: 102.86% → 104.41% (+1.5%)
8% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 91
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less call options, than puts
Call options by funds: $20.2M | Put options by funds: $25.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$29M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$24.2M |
| 3 |
Two Sigma Investments
New York
|
+$17.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$15.6M |
| 5 |
TC
Tyvor Capital
Oak Brook,
Illinois
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$35.3M |
| 2 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$24.2M |
| 3 |
Morgan Stanley
New York
|
-$21M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$19.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$18.3M |
CAKE Hedge Fund Activity: Q1 2019 in Review
297 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q1 2019, worth a combined $2.3B — up 15% from $2B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new CAKE positions and 34 closed out — a net gain of 10 holders — while 98 added to existing stakes and 91 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $29M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $35.3M sold.
- 297 institutional investors held Cheesecake Factory (CAKE) as of Q1 2019, up from 288 in Q4 2018.
- Funds reported $2.3B of Cheesecake Factory stock for Q1 2019, up 15% quarter-over-quarter.
- 44 funds opened new Cheesecake Factory positions in Q1 2019 and 34 closed out, a net change of +10 holders.
- The largest Cheesecake Factory buyer in Q1 2019 was First Trust Advisors, an estimated $29M added.
- The largest Cheesecake Factory seller in Q1 2019 was Neuberger Berman Group, an estimated $35.3M sold.
Based on aggregated 13F filings for Q1 2019.