Cheesecake Factory
CAKE
258 hedge funds and large institutions have $1.87B invested in Cheesecake Factory in 2019 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 83 increasing their positions, 90 reducing their positions, and 62 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 90
3.15% less ownership
Funds ownership: 103.74% → 100.6% (-3.1%)
9% less capital invested
Capital invested by funds: $2.06B → $1.87B (-$189M)
12% less funds holding
Funds holding: 292 → 258 (-34)
26% less call options, than puts
Call options by funds: $14.1M | Put options by funds: $19.2M
55% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 62
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
+$14.6M |
| 2 |
CC
Cadinha & Co
Honolulu,
Hawaii
|
+$9.89M |
| 3 |
D.E. Shaw & Co
New York
|
+$9.15M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$7.39M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$28.7M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$22.2M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$14.2M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
-$13.9M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$13.3M |
CAKE Hedge Fund Activity: Q3 2019 in Review
258 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q3 2019, worth a combined $1.87B — down 9.2% from $2.06B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of CAKE and 28 opened new positions — a net loss of 34 holders — while 90 trimmed existing stakes and 83 added.
The largest buyer was William Blair & Company, adding an estimated $14.6M. The largest seller was Millennium Management, cutting an estimated $28.7M.
- 258 institutional investors held Cheesecake Factory (CAKE) as of Q3 2019, down from 292 in Q2 2019.
- Funds reported $1.87B of Cheesecake Factory stock for Q3 2019, down 9.2% quarter-over-quarter.
- 28 funds opened new Cheesecake Factory positions in Q3 2019 and 62 closed out, a net change of -34 holders.
- The largest Cheesecake Factory buyer in Q3 2019 was William Blair & Company, an estimated $14.6M added.
- The largest Cheesecake Factory seller in Q3 2019 was Millennium Management, an estimated $28.7M sold.
Based on aggregated 13F filings for Q3 2019.