Cheesecake Factory
CAKE
236 hedge funds and large institutions have $1.69B invested in Cheesecake Factory in 2023 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 75 increasing their positions, 83 reducing their positions, and 31 closing their positions.
11% more capital invested
Capital invested by funds: $1.53B → $1.69B (+$161M)
0% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 31
10% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 83
1% less funds holding
Funds holding: 239 → 236 (-3)
2.54% less ownership
Funds ownership: 96.12% → 93.58% (-2.5%)
39% less call options, than puts
Call options by funds: $23.3M | Put options by funds: $38.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EARNEST Partners
Atlanta,
Georgia
|
+$14.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$10.8M |
| 3 |
Two Sigma Investments
New York
|
+$8.81M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$8.44M |
| 5 |
LI
Leeward Investments
Boston,
Massachusetts
|
+$6.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$29.5M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$19.8M |
| 3 |
BAMCO Inc
New York
|
-$8.17M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$7.77M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$7.35M |
CAKE Hedge Fund Activity: Q1 2023 in Review
236 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q1 2023, worth a combined $1.69B — up 11% from $1.53B a quarter earlier.
Fund positioning in CAKE was balanced in Q1 2023: 31 funds opened new positions, 31 closed out, 75 added to existing stakes and 83 trimmed.
The largest buyer was EARNEST Partners, adding an estimated $14.7M. The largest seller was Fred Alger Management, cutting an estimated $29.5M.
- 236 institutional investors held Cheesecake Factory (CAKE) as of Q1 2023, down from 239 in Q4 2022.
- Funds reported $1.69B of Cheesecake Factory stock for Q1 2023, up 11% quarter-over-quarter.
- 31 funds opened new Cheesecake Factory positions in Q1 2023 and 31 closed out, a net change of 0 holders.
- The largest Cheesecake Factory buyer in Q1 2023 was EARNEST Partners, an estimated $14.7M added.
- The largest Cheesecake Factory seller in Q1 2023 was Fred Alger Management, an estimated $29.5M sold.
Based on aggregated 13F filings for Q1 2023.