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Chefs' Warehouse

162 hedge funds and large institutions have $772M invested in Chefs' Warehouse in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 58 increasing their positions, 65 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.72% less ownership

Funds ownership: 83.65%82.93% (-0.72%)

4% less capital invested

Capital invested by funds: $802M → $772M (-$30.5M)

5% less funds holding

Funds holding: 170162 (-8)

11% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 65

22% less call options, than puts

Call options by funds: $338K | Put options by funds: $433K

30% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 27

Holders
162
Holders Change
-8
Holders Change %
-4.71%
% of All Funds
3.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
58
Reduced
65
Closed
27
Calls
$338K
Puts
$433K
Net Calls
-$95K
Net Calls Change
-$598K
Name Holding Trade Value Shares
Change
Change in
Stake
Thrivent Financial for Lutherans
76
Thrivent Financial for Lutherans
Minnesota
$548K +$42.7K +1,302 +8%
WG
77
Winton Group
United Kingdom
$538K +$165K +5,046 +41%
HVIA
78
Hudson Valley Investment Advisors
New York
$533K +$563K +17,180 New
EGM
79
Engineers Gate Manager
New York
$526K -$391K -11,931 -41%
Millennium Management
80
Millennium Management
New York
$520K +$280K +8,534 +104%
AIG
81
American International Group
New York
$515K -$14.7K -447 -3%
D.E. Shaw & Co
82
D.E. Shaw & Co
New York
$499K +$526K +16,056 New
California Public Employees Retirement System
83
California Public Employees Retirement System
California
$495K
TPSF
84
Texas Permanent School Fund
Texas
$487K +$18.6K +568 +4%
Citigroup
85
Citigroup
New York
$487K +$69.8K +2,130 +16%
New York State Teachers Retirement System (NYSTRS)
86
New York State Teachers Retirement System (NYSTRS)
New York
$482K +$4.95K +151 +1%
State of Tennessee, Department of Treasury
87
State of Tennessee, Department of Treasury
Tennessee
$452K -$52.4K -1,598 -10%
SSWM
88
Sheets Smith Wealth Management
North Carolina
$444K -$4.69K -143 -1%
TC
89
TownSquare Capital
Utah
$435K +$170K +5,178 +59%
PP
90
Paloma Partners
Connecticut
$422K +$446K +13,607 New
PNC Financial Services Group
91
PNC Financial Services Group
Pennsylvania
$402K +$71.8K +2,192 +20%
Allianz Asset Management
92
Allianz Asset Management
Germany
$371K +$12.3K +375 +3%
TEE
93
Tibra Equities Europe
United Kingdom
$342K +$361K +11,000 New
State Board of Administration of Florida Retirement System
94
State Board of Administration of Florida Retirement System
Florida
$338K +$60.4K +1,844 +20%
GAM
95
Gotham Asset Management
New York
$325K -$311K -9,477 -48%
CEP
96
Chicago Equity Partners
Illinois
$320K
TI
97
Trexquant Investment
Connecticut
$305K -$106K -3,249 -25%
Voloridge Investment Management
98
Voloridge Investment Management
Florida
$302K +$319K +9,739 New
DBT
99
Dubuque Bank & Trust
Iowa
$301K
Fifth Third Bancorp
100
Fifth Third Bancorp
Ohio
$295K -$149K -4,548 -32%

CHEF Hedge Fund Activity: Q1 2019 in Review

162 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q1 2019, worth a combined $772M — down 3.8% from $802M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of CHEF and 19 opened new positions — a net loss of 8 holders — while 65 trimmed existing stakes and 58 added.

The largest buyer was AllianceBernstein, adding an estimated $16.6M. The largest seller was Invesco, cutting an estimated $7.04M.

  • 162 institutional investors held Chefs' Warehouse (CHEF) as of Q1 2019, down from 170 in Q4 2018.
  • Funds reported $772M of Chefs' Warehouse stock for Q1 2019, down 3.8% quarter-over-quarter.
  • 19 funds opened new Chefs' Warehouse positions in Q1 2019 and 27 closed out, a net change of -8 holders.
  • The largest Chefs' Warehouse buyer in Q1 2019 was AllianceBernstein, an estimated $16.6M added.
  • The largest Chefs' Warehouse seller in Q1 2019 was Invesco, an estimated $7.04M sold.

Based on aggregated 13F filings for Q1 2019.