Chefs' Warehouse
CHEF
87 hedge funds and large institutions have $328M invested in Chefs' Warehouse in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 8 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 25
0% more funds holding
Funds holding: 87 → 87 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
20% less capital invested
Capital invested by funds: $409M → $328M (-$80.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$14.4M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$7.65M |
| 3 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$2.29M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.5M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$16.5M |
| 2 |
Select Equity Group
New York
|
-$7.15M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$4.82M |
| 4 |
BAMCO Inc
New York
|
-$4.8M |
| 5 |
JG
Jefferies Group
New York
|
-$2.85M |
CHEF Hedge Fund Activity: Q3 2014 in Review
87 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q3 2014, worth a combined $328M — down 20% from $409M a quarter earlier.
Fund positioning in CHEF was balanced in Q3 2014: 8 funds opened new positions, 8 closed out, 36 added to existing stakes and 25 trimmed.
The largest buyer was Arlington Value Capital, adding an estimated $14.4M. The largest seller was Luther King Capital Management (LKCM), exiting entirely with an estimated $16.5M sold.
- 87 institutional investors held Chefs' Warehouse (CHEF) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $328M of Chefs' Warehouse stock for Q3 2014, down 20% quarter-over-quarter.
- 8 funds opened new Chefs' Warehouse positions in Q3 2014 and 8 closed out, a net change of 0 holders.
- The largest Chefs' Warehouse buyer in Q3 2014 was Arlington Value Capital, an estimated $14.4M added.
- The largest Chefs' Warehouse seller in Q3 2014 was Luther King Capital Management (LKCM), an estimated $16.5M sold.
Based on aggregated 13F filings for Q3 2014.