Cheesecake Factory
CAKE
300 hedge funds and large institutions have $2.4B invested in Cheesecake Factory in 2018 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 103 increasing their positions, 101 reducing their positions, and 31 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
23% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 31
1% more funds holding
Funds holding: 297 → 300 (+3)
2% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 101
1% more capital invested
Capital invested by funds: $2.39B → $2.4B (+$12.4M)
0.83% less ownership
Funds ownership: 109.41% → 108.58% (-0.83%)
59% less call options, than puts
Call options by funds: $22.3M | Put options by funds: $54.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
+$44.6M |
| 2 |
Two Sigma Investments
New York
|
+$29.1M |
| 3 |
IP
Interval Partners
New York
|
+$24.5M |
| 4 |
Two Sigma Advisers
New York
|
+$20.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$56.1M |
| 2 |
Millennium Management
New York
|
-$36.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$27.7M |
| 4 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$27.4M |
| 5 |
Holocene Advisors
New York
|
-$17.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFM
326
Royal Fund Management
Lady Lake,
Florida
| – | -$8K | -170 | Closed |
|
327
Lazard Asset Management
New York
| – | -$7K | -164 | Closed |
|
328
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6K | -130 | Closed |
|
|
FDCDDQ
329
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$5.3K | -110 | Closed |
|
CAKE Hedge Fund Activity: Q1 2018 in Review
300 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q1 2018, worth a combined $2.4B — up 0.52% from $2.39B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CAKE positions and 31 closed out — a net gain of 7 holders — while 103 added to existing stakes and 101 trimmed.
The largest buyer was Snow Capital Management, adding an estimated $44.6M. The largest seller was Citadel Advisors, cutting an estimated $56.1M.
- 300 institutional investors held Cheesecake Factory (CAKE) as of Q1 2018, up from 297 in Q4 2017.
- Funds reported $2.4B of Cheesecake Factory stock for Q1 2018, up 0.52% quarter-over-quarter.
- 38 funds opened new Cheesecake Factory positions in Q1 2018 and 31 closed out, a net change of +7 holders.
- The largest Cheesecake Factory buyer in Q1 2018 was Snow Capital Management, an estimated $44.6M added.
- The largest Cheesecake Factory seller in Q1 2018 was Citadel Advisors, an estimated $56.1M sold.
Based on aggregated 13F filings for Q1 2018.