Cheesecake Factory
CAKE
253 hedge funds and large institutions have $1.89B invested in Cheesecake Factory in 2021 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 98 increasing their positions, 65 reducing their positions, and 48 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 65
5% less funds holding
Funds holding: 267 → 253 (-14)
10.66% less ownership
Funds ownership: 87.89% → 77.22% (-11%)
15% less capital invested
Capital invested by funds: $2.22B → $1.89B (-$326M)
23% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 48
27% less call options, than puts
Call options by funds: $35M | Put options by funds: $48M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CHP
Castle Hook Partners
New York
|
+$30M |
| 2 |
SCM
Scopia Capital Management
New York
|
+$24.7M |
| 3 |
BlackRock
New York
|
+$19.8M |
| 4 |
BAMCO Inc
New York
|
+$17.8M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Candlestick Capital Management
Greenwich,
Connecticut
|
-$55.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$37.8M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$37.1M |
| 4 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$26M |
| 5 |
Bank of New York Mellon
New York
|
-$23.6M |
CAKE Hedge Fund Activity: Q3 2021 in Review
253 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q3 2021, worth a combined $1.89B — down 15% from $2.22B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of CAKE and 37 opened new positions — a net loss of 11 holders — while 65 trimmed existing stakes and 98 added.
The largest buyer was Castle Hook Partners, opening a new position worth an estimated $30M. The largest seller was Candlestick Capital Management, exiting entirely with an estimated $55.8M sold.
- 253 institutional investors held Cheesecake Factory (CAKE) as of Q3 2021, down from 267 in Q2 2021.
- Funds reported $1.89B of Cheesecake Factory stock for Q3 2021, down 15% quarter-over-quarter.
- 37 funds opened new Cheesecake Factory positions in Q3 2021 and 48 closed out, a net change of -11 holders.
- The largest Cheesecake Factory buyer in Q3 2021 was Castle Hook Partners, an estimated $30M added.
- The largest Cheesecake Factory seller in Q3 2021 was Candlestick Capital Management, an estimated $55.8M sold.
Based on aggregated 13F filings for Q3 2021.