Cheesecake Factory
CAKE
260 hedge funds and large institutions have $1.85B invested in Cheesecake Factory in 2024 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 94 increasing their positions, 81 reducing their positions, and 36 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% more capital invested
Capital invested by funds: $1.58B → $1.85B (+$270M)
16% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 81
6.91% more ownership
Funds ownership: 85.55% → 92.46% (+6.9%)
6% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 36
0% less call options, than puts
Call options by funds: $39.3M | Put options by funds: $39.3M
0% less funds holding
Funds holding: 261 → 260 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$35.4M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$27.2M |
| 3 |
Goldman Sachs
New York
|
+$16.7M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$13.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$11.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$8.14M |
| 3 |
IIA
IPG Investment Advisors
San Diego,
California
|
-$5.8M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$4.11M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$3.37M |
CAKE Hedge Fund Activity: Q2 2024 in Review
260 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q2 2024, worth a combined $1.85B — up 17% from $1.58B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new CAKE positions and 36 closed out — a net gain of 2 holders — while 94 added to existing stakes and 81 trimmed.
The largest buyer was Millennium Management, adding an estimated $35.4M. The largest seller was Citadel Advisors, cutting an estimated $11.4M.
- 260 institutional investors held Cheesecake Factory (CAKE) as of Q2 2024, down from 261 in Q1 2024.
- Funds reported $1.85B of Cheesecake Factory stock for Q2 2024, up 17% quarter-over-quarter.
- 38 funds opened new Cheesecake Factory positions in Q2 2024 and 36 closed out, a net change of +2 holders.
- The largest Cheesecake Factory buyer in Q2 2024 was Millennium Management, an estimated $35.4M added.
- The largest Cheesecake Factory seller in Q2 2024 was Citadel Advisors, an estimated $11.4M sold.
Based on aggregated 13F filings for Q2 2024.