We are live on ! Find out more
CHEF icon

Chefs' Warehouse
CHEF

77 hedge funds and large institutions have $223M invested in Chefs' Warehouse in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 38 increasing their positions, 16 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 16

7% less funds holding

Funds holding: 83 → 77 (-6)

30% less capital invested

Capital invested by funds: $320M → $223M (-$96.9M)

38% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 16

Holders
77
Holders Change
-6
Holders Change %
-7.23%
% of All Funds
2.05%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
38
Reduced
16
Closed
16
Calls
$1K
Puts
–
Net Calls
+$1K
Net Calls Change
+$1K

Top Buyers

Rank Fund Capital Flow
1
RCM
Rutabaga Capital Management
Massachusetts
+$9.17M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$7.25M
3
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
+$4.46M
4
FG
Formula Growth
Quebec, Canada
+$3.45M
5
ACM
Advisors Capital Management
New Jersey
+$1.36M

Top Sellers

Rank Fund Capital Flow
1
AVC
Arlington Value Capital
Utah
-$8.21M
2
Jennison Associates
Jennison Associates
New York
-$8.08M
3
BAMCO Inc
BAMCO Inc
New York
-$4.17M
4
GLA
Great Lakes Advisors
Illinois
-$2.67M
5
AI
Advent International
Massachusetts
-$2.12M
Name Holding Trade Value Shares
Change 		Change in
Stake
Barrow, Hanley, Mewhinney & Strauss
26
Barrow, Hanley, Mewhinney & Strauss
Texas
$864K +$422K +32,340 +72%
BIM
27
BlackRock Investment Management
Delaware
$829K -$1.79K -137 -0.2%
Bank of New York Mellon
28
Bank of New York Mellon
New York
$784K -$123K -9,407 -12%
US Bancorp
29
US Bancorp
Minnesota
$736K +$49.9K +3,822 +6%
Charles Schwab
30
Charles Schwab
California
$680K +$41K +3,138 +5%
IGIM
31
I.G. Investment Management
Manitoba, Canada
$676K +$5.95K +456 +0.8%
D.E. Shaw & Co
32
D.E. Shaw & Co
New York
$654K -$490K -37,549 -39%
Deutsche Bank
33
Deutsche Bank
Germany
$572K +$429K +32,845 +177%
Neuberger Berman Group
34
Neuberger Berman Group
New York
$545K +$96.7K +7,410 +18%
California State Teachers Retirement System (CalSTRS)
35
California State Teachers Retirement System (CalSTRS)
California
$455K +$3.92K +300 +0.7%
Swiss National Bank
36
Swiss National Bank
Switzerland
$383K – – –
TA
37
Teachers Advisors
New York
$352K +$9.75K +747 +2%
CS
38
Credit Suisse
Switzerland
$310K -$68K -5,213 -16%
Citadel Advisors
39
Citadel Advisors
Florida
$291K -$48.6K -3,723 -12%
Invesco
40
Invesco
Georgia
$274K +$63.4K +4,855 +25%
PP
41
PDT Partners
New York
$261K +$305K +23,400 New
BA
42
Bennicas & Associates
California
$226K -$13.1K -1,000 -5%
New York State Common Retirement Fund
43
New York State Common Retirement Fund
New York
$215K – – –
RhumbLine Advisers
44
RhumbLine Advisers
Massachusetts
$203K +$1.57K +120 +0.7%
SCM
45
Stonebridge Capital Management
California
$194K +$227K +17,412 New
Manulife (Manufacturers Life Insurance)
46
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$161K +$5.25K +402 +3%
Creative Planning
47
Creative Planning
Kansas
$154K +$180K +13,812 New
NFA
48
Nationwide Fund Advisors
Ohio
$151K – – –
MC
49
Menta Capital
California
$151K +$177K +13,562 New
MLICM
50
Metropolitan Life Insurance Company (MetLife)
New York
$148K +$235 +18 +0.1%
1
2
3 4

CHEF Hedge Fund Activity: Q3 2016 in Review

77 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q3 2016, worth a combined $223M — down 30% from $320M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of CHEF and 10 opened new positions — a net loss of 6 holders — while 16 trimmed existing stakes and 38 added.

The largest buyer was Rutabaga Capital Management, opening a new position worth an estimated $9.17M. The largest seller was Arlington Value Capital, exiting entirely with an estimated $8.21M sold.

  • 77 institutional investors held Chefs' Warehouse (CHEF) as of Q3 2016, down from 83 in Q2 2016.
  • Funds reported $223M of Chefs' Warehouse stock for Q3 2016, down 30% quarter-over-quarter.
  • 10 funds opened new Chefs' Warehouse positions in Q3 2016 and 16 closed out, a net change of -6 holders.
  • The largest Chefs' Warehouse buyer in Q3 2016 was Rutabaga Capital Management, an estimated $9.17M added.
  • The largest Chefs' Warehouse seller in Q3 2016 was Arlington Value Capital, an estimated $8.21M sold.

Based on aggregated 13F filings for Q3 2016.