Cheesecake Factory
CAKE
288 hedge funds and large institutions have $2.43B invested in Cheesecake Factory in 2018 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 99 increasing their positions, 92 reducing their positions, and 31 closing their positions.
119% more call options, than puts
Call options by funds: $117M | Put options by funds: $53.2M
8% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 92
3% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 31
1% less funds holding
Funds holding: 291 → 288 (-3)
7.66% less ownership
Funds ownership: 106.8% → 99.14% (-7.7%)
9% less capital invested
Capital invested by funds: $2.67B → $2.43B (-$238M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$22.6M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$11.9M |
| 3 |
Goldman Sachs
New York
|
+$11.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$5.55M |
| 5 |
Bank of New York Mellon
New York
|
+$4.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$68.2M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$40.9M |
| 3 |
Millennium Management
New York
|
-$23.1M |
| 4 |
Two Sigma Investments
New York
|
-$18M |
| 5 |
Two Sigma Advisers
New York
|
-$17.4M |
CAKE Hedge Fund Activity: Q3 2018 in Review
288 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q3 2018, worth a combined $2.43B — down 8.9% from $2.67B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CAKE positions and 31 closed out — a net gain of 1 holder — while 99 added to existing stakes and 92 trimmed.
The largest buyer was Lazard Asset Management, adding an estimated $22.6M. The largest seller was Citadel Advisors, cutting an estimated $68.2M.
- 288 institutional investors held Cheesecake Factory (CAKE) as of Q3 2018, down from 291 in Q2 2018.
- Funds reported $2.43B of Cheesecake Factory stock for Q3 2018, down 8.9% quarter-over-quarter.
- 32 funds opened new Cheesecake Factory positions in Q3 2018 and 31 closed out, a net change of +1 holder.
- The largest Cheesecake Factory buyer in Q3 2018 was Lazard Asset Management, an estimated $22.6M added.
- The largest Cheesecake Factory seller in Q3 2018 was Citadel Advisors, an estimated $68.2M sold.
Based on aggregated 13F filings for Q3 2018.