Chefs' Warehouse
CHEF
152 hedge funds and large institutions have $1.01B invested in Chefs' Warehouse in 2019 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 51 increasing their positions, 57 reducing their positions, and 21 closing their positions.
1.73% more ownership
Funds ownership: 85.59% → 87.33% (+1.7%)
10% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 21
3% less capital invested
Capital invested by funds: $1.05B → $1.01B (-$35.7M)
3% less funds holding
Funds holding: 157 → 152 (-5)
11% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 57
92% less call options, than puts
Call options by funds: $500K | Put options by funds: $6.03M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$21.9M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$9.17M |
| 3 |
BlackRock
New York
|
+$5.81M |
| 4 |
JG
Jefferies Group
New York
|
+$3.27M |
| 5 |
Millennium Management
New York
|
+$3.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$14.4M |
| 2 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$8.39M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$5.41M |
| 4 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$2.79M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
-$2.46M |
CHEF Hedge Fund Activity: Q4 2019 in Review
152 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q4 2019, worth a combined $1.01B — down 3.4% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CHEF positions and 21 closed out — a net gain of 2 holders — while 51 added to existing stakes and 57 trimmed.
The largest buyer was Conestoga Capital Advisors, adding an estimated $21.9M. The largest seller was Lord, Abbett & Co, cutting an estimated $14.4M.
- 152 institutional investors held Chefs' Warehouse (CHEF) as of Q4 2019, down from 157 in Q3 2019.
- Funds reported $1.01B of Chefs' Warehouse stock for Q4 2019, down 3.4% quarter-over-quarter.
- 23 funds opened new Chefs' Warehouse positions in Q4 2019 and 21 closed out, a net change of +2 holders.
- The largest Chefs' Warehouse buyer in Q4 2019 was Conestoga Capital Advisors, an estimated $21.9M added.
- The largest Chefs' Warehouse seller in Q4 2019 was Lord, Abbett & Co, an estimated $14.4M sold.
Based on aggregated 13F filings for Q4 2019.