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Chefs' Warehouse

170 hedge funds and large institutions have $1.4B invested in Chefs' Warehouse in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 51 increasing their positions, 62 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

115% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 13

50% more call options, than puts

Call options by funds: $24.2M | Put options by funds: $16.1M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

27% more capital invested

Capital invested by funds: $1.1B → $1.4B (+$300M)

10% more funds holding

Funds holding: 155170 (+15)

0.39% less ownership

Funds ownership: 94%93.6% (-0.39%)

18% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 62

Holders
170
Holders Change
+15
Holders Change %
+9.68%
% of All Funds
2.45%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
28
Increased
51
Reduced
62
Closed
13
Calls
$24.2M
Puts
$16.1M
Net Calls
+$8.1M
Net Calls Change
+$38K
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$13.3M -$27.6K -805 -0.2%
ACB
27
Aristotle Capital Boston
Massachusetts
$12.7M +$1.04M +30,289 +10%
PCM
28
Penn Capital Management
Pennsylvania
$12.5M -$3.19M -93,012 -22%
Invesco
29
Invesco
Georgia
$11.7M -$688K -20,082 -6%
PCC
30
Perry Creek Capital
New York
$10.5M
Bank of New York Mellon
31
Bank of New York Mellon
New York
$9.96M -$504K -14,707 -5%
WA
32
Wasatch Advisors
Utah
$9.8M -$3.67M -107,044 -29%
New York State Common Retirement Fund
33
New York State Common Retirement Fund
New York
$8.98M -$2.15M -62,737 -21%
Marshall Wace
34
Marshall Wace
United Kingdom
$8.54M +$196K +5,716 +3%
Point72 Asset Management
35
Point72 Asset Management
Connecticut
$8.32M +$5.48M +160,042 +262%
SI
36
Scout Investments
Missouri
$7.91M -$468K -13,651 -6%
Principal Financial Group
37
Principal Financial Group
Iowa
$6.93M +$12.4K +363 +0.2%
Lazard Asset Management
38
Lazard Asset Management
New York
$5.99M +$2.53M +73,964 +87%
LC
39
Littlejohn & Co
Connecticut
$5.48M -$1.87M -54,728 -27%
PI
40
PEAK6 Investments
Illinois
$5.21M +$1.27M +37,012 +37%
First Trust Advisors
41
First Trust Advisors
Illinois
$4.86M +$3.04M +88,671 +219%
Goldman Sachs
42
Goldman Sachs
New York
$4.81M +$612K +17,877 +16%
Allspring Global Investments
43
Allspring Global Investments
North Carolina
$4.56M -$285K -8,334 -6%
AP
44
Advisors Preferred
Maryland
$4.07M +$3.78M +110,448 New
RhumbLine Advisers
45
RhumbLine Advisers
Massachusetts
$4.02M -$31.3K -914 -0.8%
Legal & General Group
46
Legal & General Group
United Kingdom
$3.74M +$41.9K +1,222 +1%
WF
47
Welch & Forbes
Massachusetts
$3.25M +$2.57K +75 +0.1%
Select Equity Group
48
Select Equity Group
New York
$3.18M -$435K -12,697 -13%
SEI Investments
49
SEI Investments
Pennsylvania
$2.94M +$2.23K +65 +0.1%
Bank of America
50
Bank of America
North Carolina
$2.79M +$271K +7,912 +12%

CHEF Hedge Fund Activity: Q1 2024 in Review

170 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q1 2024, worth a combined $1.4B — up 27% from $1.1B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new CHEF positions and 13 closed out — a net gain of 15 holders — while 51 added to existing stakes and 62 trimmed.

The largest buyer was Legion Partners Asset Management, opening a new position worth an estimated $45.5M. The largest seller was Nomura Holdings, exiting entirely with an estimated $36M sold.

  • 170 institutional investors held Chefs' Warehouse (CHEF) as of Q1 2024, up from 155 in Q4 2023.
  • Funds reported $1.4B of Chefs' Warehouse stock for Q1 2024, up 27% quarter-over-quarter.
  • 28 funds opened new Chefs' Warehouse positions in Q1 2024 and 13 closed out, a net change of +15 holders.
  • The largest Chefs' Warehouse buyer in Q1 2024 was Legion Partners Asset Management, an estimated $45.5M added.
  • The largest Chefs' Warehouse seller in Q1 2024 was Nomura Holdings, an estimated $36M sold.

Based on aggregated 13F filings for Q1 2024.