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Chefs' Warehouse

84 hedge funds and large institutions have $541M invested in Chefs' Warehouse in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 42 increasing their positions, 27 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 27

33% more capital invested

Capital invested by funds: $408M → $541M (+$133M)

6% less funds holding

Funds holding: 8984 (-5)

36% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 14

Holders
84
Holders Change
-5
Holders Change %
-5.62%
% of All Funds
2.44%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
42
Reduced
27
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
76
BlackRock
New York
$20K
Canada Life
77
Canada Life
Manitoba, Canada
$18K +$15K +600 New
JFGIW
78
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$15K +$13.1K +525 New
Envestnet Asset Management
79
Envestnet Asset Management
Illinois
$13K +$7.51K +301 +232%
BNP Paribas Financial Markets
80
BNP Paribas Financial Markets
France
$10.3K +$8.83K +354 New
TRCT
81
Tower Research Capital (TRC)
New York
$6K -$143K -5,739 -97%
BG
82
BlackRock Group
United Kingdom
$6K
Ameriprise
83
Ameriprise
Minnesota
$1K -$21.8K -872 -96%
Manulife (Manufacturers Life Insurance)
84
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$392 +$10.3K +414 +3%
SH
85
Scepter Holdings
Texas
-$4.03M -174,274 Closed
Select Equity Group
86
Select Equity Group
New York
-$1.16M -50,000 Closed
Renaissance Technologies
87
Renaissance Technologies
New York
-$1.09M -47,400 Closed
Citadel Advisors
88
Citadel Advisors
Florida
-$858K -37,115 Closed
AQR Capital Management
89
AQR Capital Management
Connecticut
-$809K -35,000 Closed
Jane Street
90
Jane Street
New York
-$505K -21,876 Closed
D.E. Shaw & Co
91
D.E. Shaw & Co
New York
-$445K -19,256 Closed
GCP
92
GSA Capital Partners
United Kingdom
-$316K -13,700 Closed
HCA
93
Harbour Capital Advisors
Virginia
-$267K -11,550 Closed
EEG
94
E.E. Geduld
-$231K -10,000 Closed
ProShare Advisors
95
ProShare Advisors
Maryland
-$204K -8,839 Closed
California Public Employees Retirement System
96
California Public Employees Retirement System
California
-$143K -6,200 Closed
PG
97
PEAK6 Group
Illinois
-$50K -4,328 Closed
RFC
98
Russell Frank Company
Washington
-$1K -59 Closed

CHEF Hedge Fund Activity: Q4 2013 in Review

84 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q4 2013, worth a combined $541M — up 33% from $408M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of CHEF and 9 opened new positions — a net loss of 5 holders — while 27 trimmed existing stakes and 42 added.

The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $14.5M. The largest seller was Goldman Sachs, cutting an estimated $10.1M.

  • 84 institutional investors held Chefs' Warehouse (CHEF) as of Q4 2013, down from 89 in Q3 2013.
  • Funds reported $541M of Chefs' Warehouse stock for Q4 2013, up 33% quarter-over-quarter.
  • 9 funds opened new Chefs' Warehouse positions in Q4 2013 and 14 closed out, a net change of -5 holders.
  • The largest Chefs' Warehouse buyer in Q4 2013 was Kayne Anderson Rudnick Investment Management, an estimated $14.5M added.
  • The largest Chefs' Warehouse seller in Q4 2013 was Goldman Sachs, an estimated $10.1M sold.

Based on aggregated 13F filings for Q4 2013.