Chefs' Warehouse
CHEF
117 hedge funds and large institutions have $532M invested in Chefs' Warehouse in 2018 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 50 increasing their positions, 26 reducing their positions, and 11 closing their positions.
164% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 11
92% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 26
18% more funds holding
Funds holding: 99 → 117 (+18)
13% more capital invested
Capital invested by funds: $473M → $532M (+$59.2M)
0.29% more ownership
Funds ownership: 81.04% → 81.33% (+0.29%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$8.13M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$6.81M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.61M |
| 4 |
Renaissance Technologies
New York
|
+$2.68M |
| 5 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
-$14.8M |
| 2 |
BAMCO Inc
New York
|
-$12.3M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$3.97M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$3.95M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Acadian Asset Management
Boston,
Massachusetts
| – | -$202K | -9,826 | Closed |
|
|
TRCT
127
Tower Research Capital (TRC)
New York
| – | -$75K | -3,678 | Closed |
|
128
Parallax Volatility Advisers
San Francisco,
California
| – | -$61K | -2,982 | Closed |
|
CHEF Hedge Fund Activity: Q1 2018 in Review
117 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q1 2018, worth a combined $532M — up 13% from $473M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new CHEF positions and 11 closed out — a net gain of 18 holders — while 50 added to existing stakes and 26 trimmed.
The largest buyer was Elk Creek Partners, opening a new position worth an estimated $8.13M. The largest seller was Jefferies Group, exiting entirely with an estimated $14.8M sold.
- 117 institutional investors held Chefs' Warehouse (CHEF) as of Q1 2018, up from 99 in Q4 2017.
- Funds reported $532M of Chefs' Warehouse stock for Q1 2018, up 13% quarter-over-quarter.
- 29 funds opened new Chefs' Warehouse positions in Q1 2018 and 11 closed out, a net change of +18 holders.
- The largest Chefs' Warehouse buyer in Q1 2018 was Elk Creek Partners, an estimated $8.13M added.
- The largest Chefs' Warehouse seller in Q1 2018 was Jefferies Group, an estimated $14.8M sold.
Based on aggregated 13F filings for Q1 2018.