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Chefs' Warehouse

82 hedge funds and large institutions have $301M invested in Chefs' Warehouse in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 22 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

451% more call options, than puts

Call options by funds: $479K | Put options by funds: $87K

83% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 6

72.7% more ownership

Funds ownership: 0%72.7% (+73%)

68% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 22

35% more capital invested

Capital invested by funds: $223M → $301M (+$78.4M)

6% more funds holding

Funds holding: 7782 (+5)

Holders
82
Holders Change
+5
Holders Change %
+6.49%
% of All Funds
2.05%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
11
Increased
37
Reduced
22
Closed
6
Calls
$479K
Puts
$87K
Net Calls
+$392K
Net Calls Change
+$391K
Name Holding Trade Value Shares
Change
Change in
Stake
Barrow, Hanley, Mewhinney & Strauss
26
Barrow, Hanley, Mewhinney & Strauss
Texas
$1.22M -$3.16K -240 -0.3%
PPA
27
Parametric Portfolio Associates
Washington
$1.2M -$132K -10,008 -12%
BIM
28
BlackRock Investment Management
Delaware
$1.19M +$9.77K +742 +1%
Deutsche Bank
29
Deutsche Bank
Germany
$1.13M +$265K +20,135 +39%
D.E. Shaw & Co
30
D.E. Shaw & Co
New York
$1.12M +$161K +12,261 +21%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$1.09M -$15.1K -1,149 -2%
US Bancorp
32
US Bancorp
Minnesota
$1.03M -$12.3K -936 -1%
Charles Schwab
33
Charles Schwab
California
$1.02M +$48.7K +3,696 +6%
Neuberger Berman Group
34
Neuberger Berman Group
New York
$895K +$102K +7,720 +16%
Morgan Stanley
35
Morgan Stanley
New York
$890K +$675K +51,275 +1,018%
Two Sigma Investments
36
Two Sigma Investments
New York
$811K +$676K +51,340 New
LTFS
37
Ladenburg Thalmann Financial Services
Florida
$772K +$625K +47,478 +3,448%
Susquehanna International Group
38
Susquehanna International Group
Pennsylvania
$709K +$591K +44,897 New
Citadel Advisors
39
Citadel Advisors
Florida
$668K +$213K +16,156 +62%
California State Teachers Retirement System (CalSTRS)
40
California State Teachers Retirement System (CalSTRS)
California
$630K -$13.2K -1,000 -2%
CS
41
Credit Suisse
Switzerland
$620K +$150K +11,420 +41%
Swiss National Bank
42
Swiss National Bank
Switzerland
$544K
TA
43
Teachers Advisors
New York
$499K
Invesco
44
Invesco
Georgia
$425K +$30.6K +2,323 +9%
PP
45
PDT Partners
New York
$382K +$9.85K +748 +3%
First Trust Advisors
46
First Trust Advisors
Illinois
$340K +$146K +11,080 +106%
BA
47
Bennicas & Associates
California
$318K -$2.63K -200 -1%
Citigroup
48
Citigroup
New York
$310K +$235K +17,878 +1,037%
New York State Common Retirement Fund
49
New York State Common Retirement Fund
New York
$305K
RhumbLine Advisers
50
RhumbLine Advisers
Massachusetts
$298K +$7.77K +590 +3%

CHEF Hedge Fund Activity: Q4 2016 in Review

82 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q4 2016, worth a combined $301M — up 35% from $223M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new CHEF positions and 6 closed out — a net gain of 5 holders — while 37 added to existing stakes and 22 trimmed.

The largest buyer was ACK Asset Management, opening a new position worth an estimated $3.75M. The largest seller was Fidelity Investments, exiting entirely with an estimated $14.4M sold.

  • 82 institutional investors held Chefs' Warehouse (CHEF) as of Q4 2016, up from 77 in Q3 2016.
  • Funds reported $301M of Chefs' Warehouse stock for Q4 2016, up 35% quarter-over-quarter.
  • 11 funds opened new Chefs' Warehouse positions in Q4 2016 and 6 closed out, a net change of +5 holders.
  • The largest Chefs' Warehouse buyer in Q4 2016 was ACK Asset Management, an estimated $3.75M added.
  • The largest Chefs' Warehouse seller in Q4 2016 was Fidelity Investments, an estimated $14.4M sold.

Based on aggregated 13F filings for Q4 2016.