Chefs' Warehouse
CHEF
99 hedge funds and large institutions have $473M invested in Chefs' Warehouse in 2017 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 9 closing their positions.
142% more call options, than puts
Call options by funds: $714K | Put options by funds: $295K
133% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 9
18% more capital invested
Capital invested by funds: $401M → $473M (+$71.9M)
13% more funds holding
Funds holding: 88 → 99 (+11)
2.27% more ownership
Funds ownership: 78.77% → 81.04% (+2.3%)
6% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 33
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
+$14.5M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$14.5M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$9.34M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.47M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$4.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$18M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$5.46M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$2.85M |
| 4 |
3C
361 Capital
Denver,
Colorado
|
-$2.03M |
| 5 |
Morgan Stanley
New York
|
-$1.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Two Sigma Investments
New York
| – | -$838K | -43,409 | Closed |
|
|
BA
102
Bennicas & Associates
Portola Valley,
California
| – | -$383K | -19,850 | Closed |
|
103
Two Sigma Advisers
New York
| – | -$324K | -16,797 | Closed |
|
|
NFA
104
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$292K | -15,118 | Closed |
|
|
AIMCA
105
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$243K | -12,600 | Closed |
|
|
HHC
106
Hutchin Hill Capital
New York
| – | -$218K | -11,289 | Closed |
|
107
Simplex Trading
Chicago,
Illinois
| – | -$12.4K | -619 | Closed |
|
108
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$5K | -238 | Closed |
|
CHEF Hedge Fund Activity: Q4 2017 in Review
99 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q4 2017, worth a combined $473M — up 18% from $401M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new CHEF positions and 9 closed out — a net gain of 12 holders — while 35 added to existing stakes and 33 trimmed.
The largest buyer was Jefferies Group, opening a new position worth an estimated $14.5M. The largest seller was BAMCO Inc, cutting an estimated $18M.
- 99 institutional investors held Chefs' Warehouse (CHEF) as of Q4 2017, up from 88 in Q3 2017.
- Funds reported $473M of Chefs' Warehouse stock for Q4 2017, up 18% quarter-over-quarter.
- 21 funds opened new Chefs' Warehouse positions in Q4 2017 and 9 closed out, a net change of +12 holders.
- The largest Chefs' Warehouse buyer in Q4 2017 was Jefferies Group, an estimated $14.5M added.
- The largest Chefs' Warehouse seller in Q4 2017 was BAMCO Inc, an estimated $18M sold.
Based on aggregated 13F filings for Q4 2017.