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Chefs' Warehouse

221 hedge funds and large institutions have $2.06B invested in Chefs' Warehouse in 2025 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 68 increasing their positions, 77 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

247% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 15

19% more funds holding

Funds holding: 185221 (+36)

11% more capital invested

Capital invested by funds: $1.85B → $2.06B (+$210M)

2.5% less ownership

Funds ownership: 94.74%92.23% (-2.5%)

12% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 77

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

34% less call options, than puts

Call options by funds: $5.21M | Put options by funds: $7.91M

Holders
221
Holders Change
+36
Holders Change %
+19.46%
% of All Funds
2.96%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
52
Increased
68
Reduced
77
Closed
15
Calls
$5.21M
Puts
$7.91M
Net Calls
-$2.7M
Net Calls Change
-$5.29M
Name Holding Trade Value Shares
Change
Change in
Stake
Deutsche Bank
76
Deutsche Bank
Germany
$3.03M -$150K -2,698 -5%
Susquehanna International Group
77
Susquehanna International Group
Pennsylvania
$2.64M -$1.75M -31,392 -39%
Qube Research & Technologies (QRT)
78
Qube Research & Technologies (QRT)
United Kingdom
$2.63M +$2.69M +48,307 New
Squarepoint
79
Squarepoint
New York
$2.55M +$2.33M +41,776 +817%
PP
80
PDT Partners
New York
$2.52M +$202K +3,622 +8%
PGIM
81
Pacific Global Investment Management
California
$2.43M -$651K -11,671 -21%
WF
82
Welch & Forbes
Massachusetts
$2.43M -$2.25M -40,300 -47%
Stifel Financial
83
Stifel Financial
Missouri
$2.41M +$44.4K +797 +2%
Natixis Advisors
84
Natixis Advisors
Massachusetts
$2.4M -$763K -13,683 -24%
New York State Teachers Retirement System (NYSTRS)
85
New York State Teachers Retirement System (NYSTRS)
New York
$2.4M +$127K +2,271 +5%
Canada Life
86
Canada Life
Manitoba, Canada
$2.39M -$126K -2,265 -5%
Russell Investments Group
87
Russell Investments Group
United Kingdom
$2.23M +$557 +10 +0%
PEAK6
88
PEAK6
Illinois
$2.19M +$1.12M +20,099 +100%
T. Rowe Price Associates
89
T. Rowe Price Associates
Maryland
$1.95M +$32.7K +586 +2%
Bank of Montreal
90
Bank of Montreal
Ontario, Canada
$1.95M -$3.69M -66,155 -65%
Prudential Financial
91
Prudential Financial
New Jersey
$1.88M -$21.2K -380 -1%
Citadel Advisors
92
Citadel Advisors
Florida
$1.85M +$1.78M +32,006 +1,706%
California State Teachers Retirement System (CalSTRS)
93
California State Teachers Retirement System (CalSTRS)
California
$1.78M -$38.5K -690 -2%
TRSOTSOK
94
Teachers Retirement System of the State of Kentucky
Kentucky
$1.68M +$1.14M +20,404 +196%
State of New Jersey Common Pension Fund D
95
State of New Jersey Common Pension Fund D
New Jersey
$1.65M +$1.69M +30,279 New
SCM
96
Sterling Capital Management
North Carolina
$1.41M -$234K -4,202 -14%
Thrivent Financial for Lutherans
97
Thrivent Financial for Lutherans
Minnesota
$1.41M -$43.1K -774 -3%
EEL
98
Expect Equity LLC
Maryland
$1.37M -$212K -3,800 -13%
ACM
99
Aquatic Capital Management
Illinois
$1.33M +$1.36M +24,415 New
VOYA Investment Management
100
VOYA Investment Management
Georgia
$1.29M +$256K +4,586 +24%

CHEF Hedge Fund Activity: Q1 2025 in Review

221 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q1 2025, worth a combined $2.06B — up 11% from $1.85B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new CHEF positions and 15 closed out — a net gain of 37 holders — while 68 added to existing stakes and 77 trimmed.

The largest buyer was Ameriprise, adding an estimated $92M. The largest seller was AllianceBernstein, cutting an estimated $51.9M.

  • 221 institutional investors held Chefs' Warehouse (CHEF) as of Q1 2025, up from 185 in Q4 2024.
  • Funds reported $2.06B of Chefs' Warehouse stock for Q1 2025, up 11% quarter-over-quarter.
  • 52 funds opened new Chefs' Warehouse positions in Q1 2025 and 15 closed out, a net change of +37 holders.
  • The largest Chefs' Warehouse buyer in Q1 2025 was Ameriprise, an estimated $92M added.
  • The largest Chefs' Warehouse seller in Q1 2025 was AllianceBernstein, an estimated $51.9M sold.

Based on aggregated 13F filings for Q1 2025.