Cheesecake Factory
CAKE
244 hedge funds and large institutions have $2.23B invested in Cheesecake Factory in 2015 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 95 increasing their positions, 81 reducing their positions, and 21 closing their positions.
57% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 21
17% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 81
3% more funds holding
Funds holding: 237 → 244 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $2.27B → $2.23B (-$39.3M)
3% less call options, than puts
Call options by funds: $11.5M | Put options by funds: $11.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
+$29M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$28.4M |
| 3 |
HI
Honeywell International
Charlotte,
North Carolina
|
+$21.2M |
| 4 |
ALA
Atherton Lane Advisers
Menlo Park,
California
|
+$17.2M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$37.2M |
| 2 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$28.5M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$25M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$23.8M |
| 5 |
Renaissance Technologies
New York
|
-$19M |
CAKE Hedge Fund Activity: Q1 2015 in Review
244 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q1 2015, worth a combined $2.23B — down 1.7% from $2.27B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new CAKE positions and 21 closed out — a net gain of 12 holders — while 95 added to existing stakes and 81 trimmed.
The largest buyer was Melvin Capital Management, opening a new position worth an estimated $29M. The largest seller was Jennison Associates, cutting an estimated $37.2M.
- 244 institutional investors held Cheesecake Factory (CAKE) as of Q1 2015, up from 237 in Q4 2014.
- Funds reported $2.23B of Cheesecake Factory stock for Q1 2015, down 1.7% quarter-over-quarter.
- 33 funds opened new Cheesecake Factory positions in Q1 2015 and 21 closed out, a net change of +12 holders.
- The largest Cheesecake Factory buyer in Q1 2015 was Melvin Capital Management, an estimated $29M added.
- The largest Cheesecake Factory seller in Q1 2015 was Jennison Associates, an estimated $37.2M sold.
Based on aggregated 13F filings for Q1 2015.