Chefs' Warehouse
CHEF
83 hedge funds and large institutions have $267M invested in Chefs' Warehouse in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 18 closing their positions.
117% more call options, than puts
Call options by funds: $612K | Put options by funds: $282K
44% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 25
0.81% more ownership
Funds ownership: 77.23% → 78.04% (+0.81%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $282M → $267M (-$14.8M)
7% less funds holding
Funds holding: 89 → 83 (-6)
33% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
+$6.66M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$6.2M |
| 3 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$5.51M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.28M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$7.39M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$5.84M |
| 3 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
-$1.94M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.88M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$1.63M |
CHEF Hedge Fund Activity: Q2 2017 in Review
83 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q2 2017, worth a combined $267M — down 5.2% from $282M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of CHEF and 12 opened new positions — a net loss of 6 holders — while 25 trimmed existing stakes and 36 added.
The largest buyer was Legion Partners Asset Management, adding an estimated $6.66M. The largest seller was Wasatch Advisors, cutting an estimated $7.39M.
- 83 institutional investors held Chefs' Warehouse (CHEF) as of Q2 2017, down from 89 in Q1 2017.
- Funds reported $267M of Chefs' Warehouse stock for Q2 2017, down 5.2% quarter-over-quarter.
- 12 funds opened new Chefs' Warehouse positions in Q2 2017 and 18 closed out, a net change of -6 holders.
- The largest Chefs' Warehouse buyer in Q2 2017 was Legion Partners Asset Management, an estimated $6.66M added.
- The largest Chefs' Warehouse seller in Q2 2017 was Wasatch Advisors, an estimated $7.39M sold.
Based on aggregated 13F filings for Q2 2017.