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Chefs' Warehouse

162 hedge funds and large institutions have $772M invested in Chefs' Warehouse in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 58 increasing their positions, 65 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.72% less ownership

Funds ownership: 83.65%82.93% (-0.72%)

4% less capital invested

Capital invested by funds: $802M → $772M (-$30.5M)

5% less funds holding

Funds holding: 170162 (-8)

11% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 65

22% less call options, than puts

Call options by funds: $338K | Put options by funds: $433K

30% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 27

Holders
162
Holders Change
-8
Holders Change %
-4.71%
% of All Funds
3.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
58
Reduced
65
Closed
27
Calls
$338K
Puts
$433K
Net Calls
-$95K
Net Calls Change
-$598K
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
26
Charles Schwab
California
$3.98M +$182K +5,541 +5%
SIM
27
Spark Investment Management
New York
$3.87M +$728K +22,200 +22%
ECP
28
Elk Creek Partners
Colorado
$3.85M -$20.2K -616 -0.5%
Deutsche Bank
29
Deutsche Bank
Germany
$3.81M -$1.31M -39,989 -25%
NIP
30
Nicholas Investment Partners
California
$3.44M +$928K +28,301 +34%
SEI Investments
31
SEI Investments
Pennsylvania
$3.18M -$1.52M -46,380 -31%
HAI
32
Hennessy Advisors Inc
California
$3.1M -$256K -7,800 -7%
Mackenzie Financial
33
Mackenzie Financial
Ontario, Canada
$3.04M +$3.21M +97,874 New
Goldman Sachs
34
Goldman Sachs
New York
$2.98M +$832K +25,389 +36%
PPA
35
Parametric Portfolio Associates
Washington
$2.96M -$1.43M -43,544 -31%
FP
36
Foundry Partners
Minnesota
$2.67M -$175K -5,347 -6%
TCIM
37
TIAA CREF Investment Management
New York
$2.55M -$58.2K -1,775 -2%
US Bancorp
38
US Bancorp
Minnesota
$2.45M -$402K -12,281 -13%
TA
39
Teachers Advisors
New York
$2.42M +$359K +10,961 +16%
CCM
40
Cadence Capital Management
Massachusetts
$2.36M +$43.8K +1,336 +2%
RhumbLine Advisers
41
RhumbLine Advisers
Massachusetts
$2.08M -$50.9K -1,554 -2%
Morgan Stanley
42
Morgan Stanley
New York
$1.98M -$1.6M -48,753 -43%
Brown Advisory
43
Brown Advisory
Maryland
$1.98M -$443K -13,503 -17%
MERSOM
44
Municipal Employees' Retirement System of Michigan
Michigan
$1.71M +$4.59K +140 +0.3%
Comerica Bank
45
Comerica Bank
Texas
$1.69M +$59.2K +1,807 +4%
Legal & General Group
46
Legal & General Group
United Kingdom
$1.68M +$167K +5,095 +10%
Barclays
47
Barclays
United Kingdom
$1.67M +$31.9K +973 +2%
DIA
48
Dana Investment Advisors
Wisconsin
$1.57M -$174K -5,299 -9%
Stifel Financial
49
Stifel Financial
Missouri
$1.53M -$634K -19,355 -28%
Public Sector Pension Investment Board (PSP Investments)
50
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$1.4M +$819K +25,000 +124%

CHEF Hedge Fund Activity: Q1 2019 in Review

162 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q1 2019, worth a combined $772M — down 3.8% from $802M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of CHEF and 19 opened new positions — a net loss of 8 holders — while 65 trimmed existing stakes and 58 added.

The largest buyer was AllianceBernstein, adding an estimated $16.6M. The largest seller was Invesco, cutting an estimated $7.04M.

  • 162 institutional investors held Chefs' Warehouse (CHEF) as of Q1 2019, down from 170 in Q4 2018.
  • Funds reported $772M of Chefs' Warehouse stock for Q1 2019, down 3.8% quarter-over-quarter.
  • 19 funds opened new Chefs' Warehouse positions in Q1 2019 and 27 closed out, a net change of -8 holders.
  • The largest Chefs' Warehouse buyer in Q1 2019 was AllianceBernstein, an estimated $16.6M added.
  • The largest Chefs' Warehouse seller in Q1 2019 was Invesco, an estimated $7.04M sold.

Based on aggregated 13F filings for Q1 2019.