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Chefs' Warehouse

89 hedge funds and large institutions have $408M invested in Chefs' Warehouse in 2013 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 38 increasing their positions, 20 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

420% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 5

90% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 20

88% more capital invested

Capital invested by funds: $217M → $408M (+$192M)

29% more funds holding

Funds holding: 6989 (+20)

89% less call options, than puts

Call options by funds: $16K | Put options by funds: $152K

Holders
89
Holders Change
+20
Holders Change %
+28.99%
% of All Funds
2.89%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
26
Increased
38
Reduced
20
Closed
5
Calls
$16K
Puts
$152K
Net Calls
-$136K
Net Calls Change
-$167K
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
51
Royal Bank of Canada
Ontario, Canada
$517K +$80.1K +3,728 +20%
Jane Street
52
Jane Street
New York
$505K +$470K +21,876 New
GGHC
53
Gilder Gagnon Howe & Co
New York
$460K -$4.44M -206,727 -91%
D.E. Shaw & Co
54
D.E. Shaw & Co
New York
$445K +$414K +19,256 New
TA
55
Teachers Advisors
New York
$443K +$29.4K +1,370 +8%
TC
56
TFS Capital
Pennsylvania
$426K +$396K +18,422 New
CS
57
Credit Suisse
Switzerland
$400K -$191K -8,886 -34%
Swiss National Bank
58
Swiss National Bank
Switzerland
$400K +$81.6K +3,800 +28%
SCM
59
Stonebridge Capital Management
California
$398K -$319K -14,860 -46%
HSBC Holdings
60
HSBC Holdings
United Kingdom
$378K +$352K +16,380 New
RFC
61
Regions Financial Corp
Alabama
$322K +$299K +13,927 New
GCP
62
GSA Capital Partners
United Kingdom
$316K +$294K +13,700 New
MLICM
63
Metropolitan Life Insurance Company (MetLife)
New York
$310K +$78.3K +3,646 +37%
Morgan Stanley
64
Morgan Stanley
New York
$304K -$44.6K -2,074 -14%
RhumbLine Advisers
65
RhumbLine Advisers
Massachusetts
$291K -$2.66K -124 -1%
FIM
66
Friedberg Investment Management
Texas
$282K +$262K +12,220 New
NFA
67
Nationwide Fund Advisors
Ohio
$272K +$55.3K +2,575 +28%
HCA
68
Harbour Capital Advisors
Virginia
$267K +$248K +11,550 New
RHJA
69
Rice Hall James & Associates
California
$231K -$39.1K -1,818 -15%
EEG
70
E.E. Geduld
$231K +$215K +10,000 New
BA
71
BlackRock Advisors
Delaware
$230K +$34.3K +1,595 +19%
AIG
72
American International Group
New York
$217K +$38.7K +1,801 +24%
ProShare Advisors
73
ProShare Advisors
Maryland
$204K +$190K +8,839 New
California Public Employees Retirement System
74
California Public Employees Retirement System
California
$143K
TRCT
75
Tower Research Capital (TRC)
New York
$137K +$1.2K +56 +1%

CHEF Hedge Fund Activity: Q3 2013 in Review

89 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q3 2013, worth a combined $408M — up 88% from $217M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new CHEF positions and 5 closed out — a net gain of 21 holders — while 38 added to existing stakes and 20 trimmed.

The largest buyer was Wasatch Advisors, adding an estimated $32.2M. The largest seller was Fidelity Investments, cutting an estimated $9.08M.

  • 89 institutional investors held Chefs' Warehouse (CHEF) as of Q3 2013, up from 69 in Q2 2013.
  • Funds reported $408M of Chefs' Warehouse stock for Q3 2013, up 88% quarter-over-quarter.
  • 26 funds opened new Chefs' Warehouse positions in Q3 2013 and 5 closed out, a net change of +21 holders.
  • The largest Chefs' Warehouse buyer in Q3 2013 was Wasatch Advisors, an estimated $32.2M added.
  • The largest Chefs' Warehouse seller in Q3 2013 was Fidelity Investments, an estimated $9.08M sold.

Based on aggregated 13F filings for Q3 2013.