Cheesecake Factory
CAKE
273 hedge funds and large institutions have $1.89B invested in Cheesecake Factory in 2024 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 79 increasing their positions, 98 reducing their positions, and 25 closing their positions.
60% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 25
5% more funds holding
Funds holding: 260 → 273 (+13)
3% more call options, than puts
Call options by funds: $18.9M | Put options by funds: $18.3M
2% more capital invested
Capital invested by funds: $1.85B → $1.89B (+$38.4M)
0.86% less ownership
Funds ownership: 92.46% → 91.6% (-0.86%)
19% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 98
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$23.7M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
+$14.1M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
+$9.79M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$8.92M |
| 5 |
Bank of New York Mellon
New York
|
+$7.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$18.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$12.7M |
| 3 |
D.E. Shaw & Co
New York
|
-$7.84M |
| 4 |
BAMCO Inc
New York
|
-$7.61M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$6.83M |
CAKE Hedge Fund Activity: Q3 2024 in Review
273 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q3 2024, worth a combined $1.89B — up 2.1% from $1.85B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CAKE positions and 25 closed out — a net gain of 15 holders — while 79 added to existing stakes and 98 trimmed.
The largest buyer was Millennium Management, adding an estimated $23.7M. The largest seller was Balyasny Asset Management, cutting an estimated $18.6M.
- 273 institutional investors held Cheesecake Factory (CAKE) as of Q3 2024, up from 260 in Q2 2024.
- Funds reported $1.89B of Cheesecake Factory stock for Q3 2024, up 2.1% quarter-over-quarter.
- 40 funds opened new Cheesecake Factory positions in Q3 2024 and 25 closed out, a net change of +15 holders.
- The largest Cheesecake Factory buyer in Q3 2024 was Millennium Management, an estimated $23.7M added.
- The largest Cheesecake Factory seller in Q3 2024 was Balyasny Asset Management, an estimated $18.6M sold.
Based on aggregated 13F filings for Q3 2024.