Cheesecake Factory
CAKE
309 hedge funds and large institutions have $2.88B invested in Cheesecake Factory in 2025 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 99 increasing their positions, 120 reducing their positions, and 55 closing their positions.
9% more call options, than puts
Call options by funds: $27.8M | Put options by funds: $25.5M
0.49% more ownership
Funds ownership: 113.76% → 114.25% (+0.49%)
5% less funds holding
Funds holding: 325 → 309 (-16)
7% less capital invested
Capital invested by funds: $3.1B → $2.88B (-$221M)
18% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 120
18% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$94.7M |
| 2 |
Millennium Management
New York
|
+$17.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$14.1M |
| 4 |
EGM
Engineers Gate Manager
New York
|
+$13.6M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Woodline Partners
San Francisco,
California
|
-$29M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$18.2M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
-$14.5M |
| 4 |
Squarepoint
New York
|
-$9.47M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$9.46M |
CAKE Hedge Fund Activity: Q4 2025 in Review
309 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Cheesecake Factory (CAKE) for Q4 2025, worth a combined $2.88B — down 7.1% from $3.1B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of CAKE and 45 opened new positions — a net loss of 10 holders — while 120 trimmed existing stakes and 99 added.
The largest buyer was Fidelity Investments, adding an estimated $94.7M. The largest seller was Woodline Partners, cutting an estimated $29M.
- 309 institutional investors held Cheesecake Factory (CAKE) as of Q4 2025, down from 325 in Q3 2025.
- Funds reported $2.88B of Cheesecake Factory stock for Q4 2025, down 7.1% quarter-over-quarter.
- 45 funds opened new Cheesecake Factory positions in Q4 2025 and 55 closed out, a net change of -10 holders.
- The largest Cheesecake Factory buyer in Q4 2025 was Fidelity Investments, an estimated $94.7M added.
- The largest Cheesecake Factory seller in Q4 2025 was Woodline Partners, an estimated $29M sold.
Based on aggregated 13F filings for Q4 2025.