Cheesecake Factory
CAKE
240 hedge funds and large institutions have $1.58B invested in Cheesecake Factory in 2023 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 78 increasing their positions, 85 reducing their positions, and 26 closing their positions.
19% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 26
2% more funds holding
Funds holding: 236 → 240 (+4)
8% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 85
3.13% less ownership
Funds ownership: 93.58% → 90.45% (-3.1%)
6% less capital invested
Capital invested by funds: $1.69B → $1.58B (-$108M)
10% less call options, than puts
Call options by funds: $30.6M | Put options by funds: $34.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$17.2M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$15.6M |
| 3 |
Two Sigma Investments
New York
|
+$12.5M |
| 4 |
Goldman Sachs
New York
|
+$4.68M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$58.4M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$20M |
| 3 |
New York State Common Retirement Fund
Albany,
New York
|
-$19.7M |
| 4 |
Rockefeller Capital Management
New York
|
-$16.5M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$7.52M |
CAKE Hedge Fund Activity: Q2 2023 in Review
240 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q2 2023, worth a combined $1.58B — down 6.4% from $1.69B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new CAKE positions and 26 closed out — a net gain of 5 holders — while 78 added to existing stakes and 85 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $17.2M. The largest seller was Westfield Capital Management, cutting an estimated $58.4M.
- 240 institutional investors held Cheesecake Factory (CAKE) as of Q2 2023, up from 236 in Q1 2023.
- Funds reported $1.58B of Cheesecake Factory stock for Q2 2023, down 6.4% quarter-over-quarter.
- 31 funds opened new Cheesecake Factory positions in Q2 2023 and 26 closed out, a net change of +5 holders.
- The largest Cheesecake Factory buyer in Q2 2023 was Balyasny Asset Management, an estimated $17.2M added.
- The largest Cheesecake Factory seller in Q2 2023 was Westfield Capital Management, an estimated $58.4M sold.
Based on aggregated 13F filings for Q2 2023.