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Chefs' Warehouse

170 hedge funds and large institutions have $1.4B invested in Chefs' Warehouse in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 51 increasing their positions, 62 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

115% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 13

50% more call options, than puts

Call options by funds: $24.2M | Put options by funds: $16.1M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

27% more capital invested

Capital invested by funds: $1.1B → $1.4B (+$300M)

10% more funds holding

Funds holding: 155170 (+15)

0.39% less ownership

Funds ownership: 94%93.6% (-0.39%)

18% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 62

Holders
170
Holders Change
+15
Holders Change %
+9.68%
% of All Funds
2.45%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
28
Increased
51
Reduced
62
Closed
13
Calls
$24.2M
Puts
$16.1M
Net Calls
+$8.1M
Net Calls Change
+$38K
Name Holding Trade Value Shares
Change
Change in
Stake
AA
101
Ancora Advisors
Ohio
$482K
VOYA Investment Management
102
VOYA Investment Management
Georgia
$441K -$78.2K -2,283 -16%
Assenagon Asset Management
103
Assenagon Asset Management
Luxembourg
$441K
UM
104
UniSuper Management
Australia
$435K +$395K +11,539 New
MSRPS
105
Maryland State Retirement & Pension System
Maryland
$416K -$9.66K -282 -2%
AB
106
Amalgamated Bank
New York
$408K -$151K -4,403 -29%
KeyBank National Association
107
KeyBank National Association
Ohio
$401K
PFM
108
Premier Fund Managers
United Kingdom
$395K -$58.4K -1,705 -14%
TRSOTSOK
109
Teachers Retirement System of the State of Kentucky
Kentucky
$392K
CC
110
Corton Capital
Ontario, Canada
$381K -$107K -3,117 -24%
State Board of Administration of Florida Retirement System
111
State Board of Administration of Florida Retirement System
Florida
$380K +$38K +1,110 +11%
ASRS
112
Arizona State Retirement System
Arizona
$369K -$5.75K -168 -2%
SI
113
Stephens Inc
Arkansas
$360K +$1.88K +55 +0.6%
OPERF
114
Oregon Public Employees Retirement Fund
Oregon
$356K -$29.2K -853 -8%
Susquehanna International Group
115
Susquehanna International Group
Pennsylvania
$356K -$487K -14,229 -60%
State of Tennessee, Department of Treasury
116
State of Tennessee, Department of Treasury
Tennessee
$351K -$77.6K -2,265 -20%
OAM
117
Oppenheimer Asset Management
New York
$324K -$63.6K -1,858 -18%
Zurich Cantonal Bank
118
Zurich Cantonal Bank
Switzerland
$294K -$19K -555 -7%
COPPSERS
119
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$287K +$205 +6 +0.1%
ProShare Advisors
120
ProShare Advisors
Maryland
$267K +$243K +7,100 New
CAPTRUST Financial Advisors
121
CAPTRUST Financial Advisors
North Carolina
$264K -$152K -4,431 -39%
DFCM
122
Dark Forest Capital Management
Puerto Rico
$251K +$228K +6,659 New
HighTower Advisors
123
HighTower Advisors
Illinois
$245K +$223K +6,499 New
Vontobel Holding
124
Vontobel Holding
Switzerland
$241K +$220K +6,410 New
DTL
125
Dynamic Technology Lab
Singapore
$241K +$220K +6,412 New

CHEF Hedge Fund Activity: Q1 2024 in Review

170 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q1 2024, worth a combined $1.4B — up 27% from $1.1B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new CHEF positions and 13 closed out — a net gain of 15 holders — while 51 added to existing stakes and 62 trimmed.

The largest buyer was Legion Partners Asset Management, opening a new position worth an estimated $45.5M. The largest seller was Nomura Holdings, exiting entirely with an estimated $36M sold.

  • 170 institutional investors held Chefs' Warehouse (CHEF) as of Q1 2024, up from 155 in Q4 2023.
  • Funds reported $1.4B of Chefs' Warehouse stock for Q1 2024, up 27% quarter-over-quarter.
  • 28 funds opened new Chefs' Warehouse positions in Q1 2024 and 13 closed out, a net change of +15 holders.
  • The largest Chefs' Warehouse buyer in Q1 2024 was Legion Partners Asset Management, an estimated $45.5M added.
  • The largest Chefs' Warehouse seller in Q1 2024 was Nomura Holdings, an estimated $36M sold.

Based on aggregated 13F filings for Q1 2024.