Cheesecake Factory
CAKE
312 hedge funds and large institutions have $2.69B invested in Cheesecake Factory in 2016 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 98 increasing their positions, 110 reducing their positions, and 27 closing their positions.
126% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 27
94.75% more ownership
Funds ownership: 0% → 94.75% (+95%)
26% more capital invested
Capital invested by funds: $2.13B → $2.69B (+$561M)
10% more funds holding
Funds holding: 283 → 312 (+29)
11% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 110
78% less call options, than puts
Call options by funds: $10.3M | Put options by funds: $47M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$37.3M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$34.8M |
| 3 |
Morgan Stanley
New York
|
+$26.9M |
| 4 |
Neuberger Berman Group
New York
|
+$26.1M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$60.3M |
| 2 |
DK
Darrell & King
Charlottesville,
Virginia
|
-$28.3M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$25.3M |
| 4 |
BAMCO Inc
New York
|
-$22.6M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$13.7M |
CAKE Hedge Fund Activity: Q4 2016 in Review
312 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q4 2016, worth a combined $2.69B — up 26% from $2.13B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new CAKE positions and 27 closed out — a net gain of 34 holders — while 98 added to existing stakes and 110 trimmed.
The largest buyer was Hennessy Advisors Inc, opening a new position worth an estimated $37.3M. The largest seller was Invesco, cutting an estimated $60.3M.
- 312 institutional investors held Cheesecake Factory (CAKE) as of Q4 2016, up from 283 in Q3 2016.
- Funds reported $2.69B of Cheesecake Factory stock for Q4 2016, up 26% quarter-over-quarter.
- 61 funds opened new Cheesecake Factory positions in Q4 2016 and 27 closed out, a net change of +34 holders.
- The largest Cheesecake Factory buyer in Q4 2016 was Hennessy Advisors Inc, an estimated $37.3M added.
- The largest Cheesecake Factory seller in Q4 2016 was Invesco, an estimated $60.3M sold.
Based on aggregated 13F filings for Q4 2016.