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Cheesecake Factory

292 hedge funds and large institutions have $2.29B invested in Cheesecake Factory in 2017 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 119 increasing their positions, 90 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 90

1.56% less ownership

Funds ownership: 96.67%95.11% (-1.6%)

3% less funds holding

Funds holding: 302292 (-10)

15% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 53

22% less capital invested

Capital invested by funds: $2.92B → $2.29B (-$629M)

80% less call options, than puts

Call options by funds: $3.62M | Put options by funds: $17.8M

Holders
292
Holders Change
-10
Holders Change %
-3.31%
% of All Funds
7.28%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
45
Increased
119
Reduced
90
Closed
53
Calls
$3.62M
Puts
$17.8M
Net Calls
-$14.2M
Net Calls Change
-$2.05M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$234M -$11.6M -197,297 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$210M +$8.66M +146,756 +4%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$103M -$5.48M -92,856 -4%
Bank of New York Mellon
4
Bank of New York Mellon
New York
$83.2M -$2.38M -40,357 -2%
Kayne Anderson Rudnick Investment Management
5
Kayne Anderson Rudnick Investment Management
California
$79.9M +$9.55M +161,779 +11%
State Street
6
State Street
Massachusetts
$76.8M +$3.74M +63,301 +4%
Macquarie Group
7
Macquarie Group
Australia
$68M +$12.4M +209,711 +18%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$67.4M -$29.8M -505,408 -27%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$61.2M -$371K -6,293 -0.5%
VOYA Investment Management
10
VOYA Investment Management
Georgia
$52.9M +$4.51M +76,484 +8%
DGI
11
Disciplined Growth Investors
Minnesota
$51.2M +$249K +4,215 +0.4%
AQR Capital Management
12
AQR Capital Management
Connecticut
$50.1M -$7.68M -130,126 -12%
Northern Trust
13
Northern Trust
Illinois
$45.6M +$591K +10,018 +1%
VFA
14
Virtus Fund Advisers
Connecticut
$35.7M +$42M +710,722 +7,403%
Goldman Sachs
15
Goldman Sachs
New York
$35.4M +$8.64M +146,403 +26%
Fidelity Investments
16
Fidelity Investments
Massachusetts
$35.3M +$9.15M +155,007 +28%
Morgan Stanley
17
Morgan Stanley
New York
$34.7M +$29.6M +501,854 +266%
Citadel Advisors
18
Citadel Advisors
Florida
$33.9M -$54.6M -924,837 -58%
Schroder Investment Management Group
19
Schroder Investment Management Group
United Kingdom
$33.2M +$2.86M +48,431 +8%
BAMCO Inc
20
BAMCO Inc
New York
$32.7M +$8.85M +150,000 +30%
GI
21
GAMCO Investors
Connecticut
$32.1M -$761K -12,900 -2%
Deutsche Bank
22
Deutsche Bank
Germany
$29M +$19.2M +324,473 +128%
HAI
23
Hennessy Advisors Inc
California
$28.5M -$1.43M -24,300 -4%
RP
24
Riverbridge Partners
Minnesota
$25.4M -$1.58M -26,750 -5%
Renaissance Technologies
25
Renaissance Technologies
New York
$25.4M +$29.8M +504,345 New

CAKE Hedge Fund Activity: Q2 2017 in Review

292 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q2 2017, worth a combined $2.29B — down 22% from $2.92B a quarter earlier.

Sellers outnumbered buyers: 53 funds closed out of CAKE and 45 opened new positions — a net loss of 8 holders — while 90 trimmed existing stakes and 119 added.

The largest buyer was Virtus Fund Advisers, adding an estimated $42M. The largest seller was Citadel Advisors, cutting an estimated $54.6M.

  • 292 institutional investors held Cheesecake Factory (CAKE) as of Q2 2017, down from 302 in Q1 2017.
  • Funds reported $2.29B of Cheesecake Factory stock for Q2 2017, down 22% quarter-over-quarter.
  • 45 funds opened new Cheesecake Factory positions in Q2 2017 and 53 closed out, a net change of -8 holders.
  • The largest Cheesecake Factory buyer in Q2 2017 was Virtus Fund Advisers, an estimated $42M added.
  • The largest Cheesecake Factory seller in Q2 2017 was Citadel Advisors, an estimated $54.6M sold.

Based on aggregated 13F filings for Q2 2017.