Cheesecake Factory
CAKE
297 hedge funds and large institutions have $2.39B invested in Cheesecake Factory in 2017 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 83 increasing their positions, 105 reducing their positions, and 48 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
52% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 48
23% more capital invested
Capital invested by funds: $1.94B → $2.39B (+$450M)
11.26% more ownership
Funds ownership: 98.15% → 109.41% (+11%)
8% more funds holding
Funds holding: 274 → 297 (+23)
21% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 105
24% less call options, than puts
Call options by funds: $34.4M | Put options by funds: $45M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$52.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$45M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$27.2M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$27.1M |
| 5 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$25.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$22.9M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$21.8M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$21.5M |
| 4 |
Morgan Stanley
New York
|
-$16.5M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$11.3M |
CAKE Hedge Fund Activity: Q4 2017 in Review
297 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q4 2017, worth a combined $2.39B — up 23% from $1.94B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new CAKE positions and 48 closed out — a net gain of 25 holders — while 83 added to existing stakes and 105 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $52.4M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $22.9M sold.
- 297 institutional investors held Cheesecake Factory (CAKE) as of Q4 2017, up from 274 in Q3 2017.
- Funds reported $2.39B of Cheesecake Factory stock for Q4 2017, up 23% quarter-over-quarter.
- 73 funds opened new Cheesecake Factory positions in Q4 2017 and 48 closed out, a net change of +25 holders.
- The largest Cheesecake Factory buyer in Q4 2017 was Millennium Management, an estimated $52.4M added.
- The largest Cheesecake Factory seller in Q4 2017 was Renaissance Technologies, an estimated $22.9M sold.
Based on aggregated 13F filings for Q4 2017.