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Chefs' Warehouse

99 hedge funds and large institutions have $473M invested in Chefs' Warehouse in 2017 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

142% more call options, than puts

Call options by funds: $714K | Put options by funds: $295K

133% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 9

18% more capital invested

Capital invested by funds: $401M → $473M (+$71.9M)

13% more funds holding

Funds holding: 8899 (+11)

2.27% more ownership

Funds ownership: 78.77%81.04% (+2.3%)

6% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 33

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
99
Holders Change
+11
Holders Change %
+12.5%
% of All Funds
2.25%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
21
Increased
35
Reduced
33
Closed
9
Calls
$714K
Puts
$295K
Net Calls
+$419K
Net Calls Change
+$205K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
51
Morgan Stanley
New York
$832K -$1.33M -66,493 -62%
MC
52
Menta Capital
California
$809K -$441K -22,055 -36%
Swiss National Bank
53
Swiss National Bank
Switzerland
$767K +$59.9K +3,000 +9%
Bank of America
54
Bank of America
North Carolina
$690K +$537K +26,872 +394%
ADEF
55
Adams Diversified Equity Fund
Maryland
$672K -$190K -9,500 -22%
SRAM
56
Stone Ridge Asset Management
New York
$656K +$639K +32,012 New
California State Teachers Retirement System (CalSTRS)
57
California State Teachers Retirement System (CalSTRS)
California
$634K -$9.75K -488 -2%
CS
58
Credit Suisse
Switzerland
$559K -$108K -5,429 -17%
State Board of Administration of Florida Retirement System
59
State Board of Administration of Florida Retirement System
Florida
$551K +$57.2K +2,865 +12%
UBS Group
60
UBS Group
Switzerland
$461K -$528K -26,424 -54%
PP
61
PDT Partners
New York
$445K
GCP
62
GSA Capital Partners
United Kingdom
$442K +$431K +21,561 New
New York State Common Retirement Fund
63
New York State Common Retirement Fund
New York
$396K
Stifel Financial
64
Stifel Financial
Missouri
$377K +$93.6K +4,684 +34%
D.E. Shaw & Co
65
D.E. Shaw & Co
New York
$372K -$288K -14,401 -44%
RhumbLine Advisers
66
RhumbLine Advisers
Massachusetts
$366K -$68.7K -3,437 -16%
Manulife (Manufacturers Life Insurance)
67
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$318K -$7.01K -351 -2%
Bank of Montreal
68
Bank of Montreal
Ontario, Canada
$305K +$97.9K +4,901 +49%
Balyasny Asset Management
69
Balyasny Asset Management
Illinois
$280K +$273K +13,653 New
AIG
70
American International Group
New York
$271K +$1.24K +62 +0.5%
PNC Financial Services Group
71
PNC Financial Services Group
Pennsylvania
$267K -$699 -35 -0.3%
HW
72
Hancock Whitney
Mississippi
$252K +$245K +12,289 New
Comerica Bank
73
Comerica Bank
Texas
$240K +$223K +11,187 New
Squarepoint
74
Squarepoint
New York
$235K +$229K +11,486 New
AQR Capital Management
75
AQR Capital Management
Connecticut
$219K +$214K +10,688 New

CHEF Hedge Fund Activity: Q4 2017 in Review

99 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q4 2017, worth a combined $473M — up 18% from $401M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new CHEF positions and 9 closed out — a net gain of 12 holders — while 35 added to existing stakes and 33 trimmed.

The largest buyer was Jefferies Group, opening a new position worth an estimated $14.5M. The largest seller was BAMCO Inc, cutting an estimated $18M.

  • 99 institutional investors held Chefs' Warehouse (CHEF) as of Q4 2017, up from 88 in Q3 2017.
  • Funds reported $473M of Chefs' Warehouse stock for Q4 2017, up 18% quarter-over-quarter.
  • 21 funds opened new Chefs' Warehouse positions in Q4 2017 and 9 closed out, a net change of +12 holders.
  • The largest Chefs' Warehouse buyer in Q4 2017 was Jefferies Group, an estimated $14.5M added.
  • The largest Chefs' Warehouse seller in Q4 2017 was BAMCO Inc, an estimated $18M sold.

Based on aggregated 13F filings for Q4 2017.