Cheesecake Factory
CAKE
222 hedge funds and large institutions have $1.04B invested in Cheesecake Factory in 2020 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 83 increasing their positions, 65 reducing their positions, and 61 closing their positions.
46% more capital invested
Capital invested by funds: $711M → $1.04B (+$324M)
28% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 65
6.74% more ownership
Funds ownership: 92.77% → 99.51% (+6.7%)
7% less call options, than puts
Call options by funds: $38.1M | Put options by funds: $40.8M
6% less funds holding
Funds holding: 236 → 222 (-14)
20% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 61
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$47.4M |
| 2 |
BAMCO Inc
New York
|
+$18.2M |
| 3 |
SCM
Steadfast Capital Management
New York
|
+$18.2M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$15.1M |
| 5 |
D.E. Shaw & Co
New York
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$55.5M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$10.8M |
| 3 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
-$10.3M |
| 4 |
Two Sigma Investments
New York
|
-$9.56M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$6.08M |
CAKE Hedge Fund Activity: Q2 2020 in Review
222 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q2 2020, worth a combined $1.04B — up 46% from $711M a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of CAKE and 49 opened new positions — a net loss of 12 holders — while 65 trimmed existing stakes and 83 added.
The largest buyer was BlackRock, adding an estimated $47.4M. The largest seller was Wellington Management Group, cutting an estimated $55.5M.
- 222 institutional investors held Cheesecake Factory (CAKE) as of Q2 2020, down from 236 in Q1 2020.
- Funds reported $1.04B of Cheesecake Factory stock for Q2 2020, up 46% quarter-over-quarter.
- 49 funds opened new Cheesecake Factory positions in Q2 2020 and 61 closed out, a net change of -12 holders.
- The largest Cheesecake Factory buyer in Q2 2020 was BlackRock, an estimated $47.4M added.
- The largest Cheesecake Factory seller in Q2 2020 was Wellington Management Group, an estimated $55.5M sold.
Based on aggregated 13F filings for Q2 2020.