Cheesecake Factory
CAKE
227 hedge funds and large institutions have $1.21B invested in Cheesecake Factory in 2020 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 74 increasing their positions, 65 reducing their positions, and 37 closing their positions.
22% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 37
17% more capital invested
Capital invested by funds: $1.04B → $1.21B (+$176M)
14% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 65
2% more funds holding
Funds holding: 222 → 227 (+5)
2.54% less ownership
Funds ownership: 99.51% → 96.97% (-2.5%)
26% less call options, than puts
Call options by funds: $41.8M | Put options by funds: $56.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$18.1M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$14.2M |
| 3 |
Millennium Management
New York
|
+$10.9M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$10.7M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Steadfast Capital Management
New York
|
-$20.4M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$13.4M |
| 3 |
D.E. Shaw & Co
New York
|
-$13.2M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$12.7M |
| 5 |
Renaissance Technologies
New York
|
-$12.4M |
CAKE Hedge Fund Activity: Q3 2020 in Review
227 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q3 2020, worth a combined $1.21B — up 17% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new CAKE positions and 37 closed out — a net gain of 8 holders — while 74 added to existing stakes and 65 trimmed.
The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $18.1M. The largest seller was Steadfast Capital Management, cutting an estimated $20.4M.
- 227 institutional investors held Cheesecake Factory (CAKE) as of Q3 2020, up from 222 in Q2 2020.
- Funds reported $1.21B of Cheesecake Factory stock for Q3 2020, up 17% quarter-over-quarter.
- 45 funds opened new Cheesecake Factory positions in Q3 2020 and 37 closed out, a net change of +8 holders.
- The largest Cheesecake Factory buyer in Q3 2020 was Intrinsic Edge Capital Management, an estimated $18.1M added.
- The largest Cheesecake Factory seller in Q3 2020 was Steadfast Capital Management, an estimated $20.4M sold.
Based on aggregated 13F filings for Q3 2020.