Chefs' Warehouse
CHEF
83 hedge funds and large institutions have $301M invested in Chefs' Warehouse in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 25 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
40% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 25
6% more funds holding
Funds holding: 78 → 83 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
32% less capital invested
Capital invested by funds: $443M → $301M (-$141M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.62M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$1.92M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.72M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$1.17M |
| 5 |
AI
Advent International
Boston,
Massachusetts
|
+$1.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WSA
Wall Street Associates
Lajolla,
California
|
-$1.78M |
| 2 |
BAMCO Inc
New York
|
-$1.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.31M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$865K |
| 5 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
-$860K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ST
76
Smithfield Trust
Pittsburgh,
Pennsylvania
| $8K | – | – | – |
|
77
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | +$68 | +4 | +4% |
|
78
Barclays
London,
United Kingdom
| $1K | -$4.46K | -262 | -73% |
|
|
NFG
79
Next Financial Group
Houston,
Texas
| $1K | – | – | – |
|
|
LTFS
80
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | +$1.5K | +88 | New |
|
81
Creative Planning
Overland Park,
Kansas
| $1K | +$1.7K | +100 | New |
|
82
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $186 | +$5.31K | +312 | +2% |
|
|
OAM
83
Oxford Asset Management
Oxford,
United Kingdom
| – | -$865K | -40,736 | Closed |
|
|
MERSOM
84
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| – | -$852K | -40,100 | Closed |
|
85
Goldman Sachs
New York
| – | -$185K | -8,733 | Closed |
|
86
Victory Capital Management
San Antonio,
Texas
| – | -$50K | -2,354 | Closed |
|
87
Citigroup
New York
| – | -$4.83K | -284 | -99% |
|
88
Bessemer Group
Woodbridge,
New Jersey
| – | -$3K | -147 | Closed |
|
|
TRCT
89
Tower Research Capital (TRC)
New York
| – | -$2K | -94 | Closed |
|
CHEF Hedge Fund Activity: Q3 2015 in Review
83 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q3 2015, worth a combined $301M — down 32% from $443M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new CHEF positions and 6 closed out — a net gain of 5 holders — while 35 added to existing stakes and 25 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $2.62M. The largest seller was Wall Street Associates, cutting an estimated $1.78M.
- 83 institutional investors held Chefs' Warehouse (CHEF) as of Q3 2015, up from 78 in Q2 2015.
- Funds reported $301M of Chefs' Warehouse stock for Q3 2015, down 32% quarter-over-quarter.
- 11 funds opened new Chefs' Warehouse positions in Q3 2015 and 6 closed out, a net change of +5 holders.
- The largest Chefs' Warehouse buyer in Q3 2015 was Fidelity Investments, an estimated $2.62M added.
- The largest Chefs' Warehouse seller in Q3 2015 was Wall Street Associates, an estimated $1.78M sold.
Based on aggregated 13F filings for Q3 2015.