Cheesecake Factory
CAKE
269 hedge funds and large institutions have $1.83B invested in Cheesecake Factory in 2019 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 88 increasing their positions, 87 reducing their positions, and 24 closing their positions.
75% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 24
4.8% more ownership
Funds ownership: 100.6% → 105.4% (+4.8%)
4% more funds holding
Funds holding: 258 → 269 (+11)
1% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 87
2% less capital invested
Capital invested by funds: $1.87B → $1.83B (-$42.6M)
32% less call options, than puts
Call options by funds: $17.5M | Put options by funds: $25.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$38.5M |
| 2 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$23.5M |
| 3 |
Morgan Stanley
New York
|
+$15.3M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$13.4M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$29.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$26.7M |
| 3 |
D.E. Shaw & Co
New York
|
-$8.77M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$8.7M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$5.2M |
CAKE Hedge Fund Activity: Q4 2019 in Review
269 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q4 2019, worth a combined $1.83B — down 2.3% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new CAKE positions and 24 closed out — a net gain of 18 holders — while 88 added to existing stakes and 87 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $38.5M. The largest seller was Canada Life, cutting an estimated $29.9M.
- 269 institutional investors held Cheesecake Factory (CAKE) as of Q4 2019, up from 258 in Q3 2019.
- Funds reported $1.83B of Cheesecake Factory stock for Q4 2019, down 2.3% quarter-over-quarter.
- 42 funds opened new Cheesecake Factory positions in Q4 2019 and 24 closed out, a net change of +18 holders.
- The largest Cheesecake Factory buyer in Q4 2019 was Wellington Management Group, an estimated $38.5M added.
- The largest Cheesecake Factory seller in Q4 2019 was Canada Life, an estimated $29.9M sold.
Based on aggregated 13F filings for Q4 2019.