Cheesecake Factory
CAKE
215 hedge funds and large institutions have $2.16B invested in Cheesecake Factory in 2013 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 75 increasing their positions, 79 reducing their positions, and 20 closing their positions.
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
6% more capital invested
Capital invested by funds: $2.04B → $2.16B (+$120M)
3% more funds holding
Funds holding: 208 → 215 (+7)
5% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 79
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
50% less call options, than puts
Call options by funds: $11.3M | Put options by funds: $22.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$19.8M |
| 2 |
CM
CS McKee
Pittsburgh,
Pennsylvania
|
+$18.5M |
| 3 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$17.3M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$13.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$28.5M |
| 2 |
KeyBank National Association
Cleveland,
Ohio
|
-$22.2M |
| 3 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
-$12.9M |
| 4 |
Jennison Associates
New York
|
-$11.9M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$8.66M |
CAKE Hedge Fund Activity: Q3 2013 in Review
215 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q3 2013, worth a combined $2.16B — up 5.8% from $2.04B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new CAKE positions and 20 closed out — a net gain of 8 holders — while 75 added to existing stakes and 79 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $19.8M. The largest seller was Wellington Management Group, cutting an estimated $28.5M.
- 215 institutional investors held Cheesecake Factory (CAKE) as of Q3 2013, up from 208 in Q2 2013.
- Funds reported $2.16B of Cheesecake Factory stock for Q3 2013, up 5.8% quarter-over-quarter.
- 28 funds opened new Cheesecake Factory positions in Q3 2013 and 20 closed out, a net change of +8 holders.
- The largest Cheesecake Factory buyer in Q3 2013 was Renaissance Technologies, an estimated $19.8M added.
- The largest Cheesecake Factory seller in Q3 2013 was Wellington Management Group, an estimated $28.5M sold.
Based on aggregated 13F filings for Q3 2013.