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Chefs' Warehouse

170 hedge funds and large institutions have $802M invested in Chefs' Warehouse in 2018 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 52 increasing their positions, 56 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

192% more call options, than puts

Call options by funds: $765K | Put options by funds: $262K

135% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 20

19% more funds holding

Funds holding: 143170 (+27)

4.88% more ownership

Funds ownership: 78.77%83.65% (+4.9%)

7% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 56

6% less capital invested

Capital invested by funds: $858M → $802M (-$55.7M)

Holders
170
Holders Change
+27
Holders Change %
+18.88%
% of All Funds
3.79%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
47
Increased
52
Reduced
56
Closed
20
Calls
$765K
Puts
$262K
Net Calls
+$503K
Net Calls Change
-$218K
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
51
Barclays
United Kingdom
$1.69M -$3.13K -90 -0.2%
Neuberger Berman Group
52
Neuberger Berman Group
New York
$1.63M -$39.2K -1,130 -2%
EGI
53
EAM Global Investors
California
$1.63M
EBIM
54
Eagle Boston Investment Management
Massachusetts
$1.6M -$10.5M -301,569 -86%
Legal & General Group
55
Legal & General Group
United Kingdom
$1.55M +$1.58M +45,576 +1,362%
New York State Common Retirement Fund
56
New York State Common Retirement Fund
New York
$1.39M -$42K -1,208 -3%
Swiss National Bank
57
Swiss National Bank
Switzerland
$1.36M +$101K +2,900 +7%
PGIM
58
Pacific Global Investment Management
California
$1.29M -$444K -12,775 -24%
Assenagon Asset Management
59
Assenagon Asset Management
Luxembourg
$1.23M +$1.33M +38,303 New
Prudential Financial
60
Prudential Financial
New Jersey
$1.21M +$1.31M +37,761 New
CCI
61
Columbus Circle Investors
$1.18M -$3.37M -97,151 -73%
MBT
62
Monroe Bank & Trust
Michigan
$1.14M +$1.24M +35,779 New
ASRS
63
Arizona State Retirement System
Arizona
$1.14M +$1.23M +35,538 New
CS
64
Credit Suisse
Switzerland
$1.1M +$707K +20,348 +146%
Royal Bank of Canada
65
Royal Bank of Canada
Ontario, Canada
$1.08M +$126K +3,640 +12%
California State Teachers Retirement System (CalSTRS)
66
California State Teachers Retirement System (CalSTRS)
California
$1.08M +$16.6K +479 +1%
SRAM
67
Stone Ridge Asset Management
New York
$1.06M
AR
68
Advisory Research
Illinois
$1.03M -$768K -22,126 -41%
M&T Bank
69
M&T Bank
New York
$1M +$43K +1,238 +4%
UBS Group
70
UBS Group
Switzerland
$982K +$88.8K +2,558 +9%
PP
71
PDT Partners
New York
$943K +$116K +3,345 +13%
ECM
72
ETrade Capital Management
Virginia
$937K -$155K -4,453 -13%
EGM
73
Engineers Gate Manager
New York
$923K -$390K -11,233 -28%
Canada Life
74
Canada Life
Manitoba, Canada
$896K +$937K +26,977 +801%
Envestnet Asset Management
75
Envestnet Asset Management
Illinois
$875K +$951K +27,369 New

CHEF Hedge Fund Activity: Q4 2018 in Review

170 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q4 2018, worth a combined $802M — down 6.5% from $858M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new CHEF positions and 20 closed out — a net gain of 27 holders — while 52 added to existing stakes and 56 trimmed.

The largest buyer was BlackRock, adding an estimated $43.4M. The largest seller was Conestoga Capital Advisors, cutting an estimated $14.2M.

  • 170 institutional investors held Chefs' Warehouse (CHEF) as of Q4 2018, up from 143 in Q3 2018.
  • Funds reported $802M of Chefs' Warehouse stock for Q4 2018, down 6.5% quarter-over-quarter.
  • 47 funds opened new Chefs' Warehouse positions in Q4 2018 and 20 closed out, a net change of +27 holders.
  • The largest Chefs' Warehouse buyer in Q4 2018 was BlackRock, an estimated $43.4M added.
  • The largest Chefs' Warehouse seller in Q4 2018 was Conestoga Capital Advisors, an estimated $14.2M sold.

Based on aggregated 13F filings for Q4 2018.