Cheesecake Factory
CAKE
225 hedge funds and large institutions have $2.17B invested in Cheesecake Factory in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 84 increasing their positions, 83 reducing their positions, and 23 closing their positions.
181% more call options, than puts
Call options by funds: $27.3M | Put options by funds: $9.72M
1% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 83
1% less capital invested
Capital invested by funds: $2.2B → $2.17B (-$26.9M)
4% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 23
1% less funds holding
Funds holding: 228 → 225 (-3)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$14.3M |
| 2 |
SCM
Sigma Capital Management
Stamford,
Connecticut
|
+$11.7M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$9.16M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$9.03M |
| 5 |
TA
Teachers Advisors
New York
|
+$7.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.2M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$16.9M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$10.9M |
| 4 |
Bank of New York Mellon
New York
|
-$7.65M |
| 5 |
HSA
Hussman Strategic Advisors
Ellicott City,
Maryland
|
-$7M |
CAKE Hedge Fund Activity: Q1 2014 in Review
225 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q1 2014, worth a combined $2.17B — down 1.2% from $2.2B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CAKE and 22 opened new positions — a net loss of 1 holder — while 83 trimmed existing stakes and 84 added.
The largest buyer was Renaissance Technologies, adding an estimated $14.3M. The largest seller was Fidelity Investments, cutting an estimated $39.2M.
- 225 institutional investors held Cheesecake Factory (CAKE) as of Q1 2014, down from 228 in Q4 2013.
- Funds reported $2.17B of Cheesecake Factory stock for Q1 2014, down 1.2% quarter-over-quarter.
- 22 funds opened new Cheesecake Factory positions in Q1 2014 and 23 closed out, a net change of -1 holder.
- The largest Cheesecake Factory buyer in Q1 2014 was Renaissance Technologies, an estimated $14.3M added.
- The largest Cheesecake Factory seller in Q1 2014 was Fidelity Investments, an estimated $39.2M sold.
Based on aggregated 13F filings for Q1 2014.