Cheesecake Factory
CAKE
297 hedge funds and large institutions have $2.41B invested in Cheesecake Factory in 2024 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 102 increasing their positions, 82 reducing their positions, and 32 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
91% more call options, than puts
Call options by funds: $35.5M | Put options by funds: $18.6M
88% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 32
27% more capital invested
Capital invested by funds: $1.89B → $2.41B (+$516M)
24% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 82
9% more funds holding
Funds holding: 273 → 297 (+24)
7.73% more ownership
Funds ownership: 91.6% → 99.33% (+7.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$61.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$54.6M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$31M |
| 4 |
JCM
Junto Capital Management
New York
|
+$21.2M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$83M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
-$23.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$9.92M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$8.84M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$8.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFG
326
Mendota Financial Group
Madison,
Wisconsin
| – | -$163 | -4 | Closed |
|
327
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$41 | -1 | Closed |
|
|
HWM
328
Hemington Wealth Management
Falls Church,
Virginia
| – | +$92 | +2 | +67% |
|
CAKE Hedge Fund Activity: Q4 2024 in Review
297 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q4 2024, worth a combined $2.41B — up 27% from $1.89B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new CAKE positions and 32 closed out — a net gain of 28 holders — while 102 added to existing stakes and 82 trimmed.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $61.2M. The largest seller was Millennium Management, cutting an estimated $83M.
- 297 institutional investors held Cheesecake Factory (CAKE) as of Q4 2024, up from 273 in Q3 2024.
- Funds reported $2.41B of Cheesecake Factory stock for Q4 2024, up 27% quarter-over-quarter.
- 60 funds opened new Cheesecake Factory positions in Q4 2024 and 32 closed out, a net change of +28 holders.
- The largest Cheesecake Factory buyer in Q4 2024 was Hennessy Advisors Inc, an estimated $61.2M added.
- The largest Cheesecake Factory seller in Q4 2024 was Millennium Management, an estimated $83M sold.
Based on aggregated 13F filings for Q4 2024.