Chefs' Warehouse
CHEF
88 hedge funds and large institutions have $401M invested in Chefs' Warehouse in 2017 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 25 increasing their positions, 31 reducing their positions, and 14 closing their positions.
50% more capital invested
Capital invested by funds: $267M → $401M (+$134M)
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
6% more funds holding
Funds holding: 83 → 88 (+5)
0.73% more ownership
Funds ownership: 78.04% → 78.77% (+0.73%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$5.88M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$3.65M |
| 3 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
+$2.8M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$2.59M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$4.98M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$4.86M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$4.8M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$3.19M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.73M |
CHEF Hedge Fund Activity: Q3 2017 in Review
88 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q3 2017, worth a combined $401M — up 50% from $267M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new CHEF positions and 14 closed out — a net gain of 5 holders — while 25 added to existing stakes and 31 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $5.88M. The largest seller was ACK Asset Management, exiting entirely with an estimated $4.98M sold.
- 88 institutional investors held Chefs' Warehouse (CHEF) as of Q3 2017, up from 83 in Q2 2017.
- Funds reported $401M of Chefs' Warehouse stock for Q3 2017, up 50% quarter-over-quarter.
- 19 funds opened new Chefs' Warehouse positions in Q3 2017 and 14 closed out, a net change of +5 holders.
- The largest Chefs' Warehouse buyer in Q3 2017 was Boston Partners, an estimated $5.88M added.
- The largest Chefs' Warehouse seller in Q3 2017 was ACK Asset Management, an estimated $4.98M sold.
Based on aggregated 13F filings for Q3 2017.