Chefs' Warehouse
CHEF
129 hedge funds and large institutions have $667M invested in Chefs' Warehouse in 2018 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 55 increasing their positions, 42 reducing their positions, and 9 closing their positions.
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
31% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 42
25% more capital invested
Capital invested by funds: $532M → $667M (+$135M)
10% more funds holding
Funds holding: 117 → 129 (+12)
0.15% more ownership
Funds ownership: 81.33% → 81.48% (+0.15%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$9.24M |
| 2 |
BlackRock
New York
|
+$6.66M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$3.72M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.65M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$14.1M |
| 2 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
-$8.2M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$7.11M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$5.64M |
| 5 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$2.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
126
FNY Investment Advisers
New York
| $3K | +$2.83K | +108 | New |
|
|
TRCT
127
Tower Research Capital (TRC)
New York
| $2K | +$1.91K | +73 | New |
|
|
ASN
128
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
RCAG
129
Rehmann Capital Advisory Group
Lansing,
Michigan
| $941 | -$760 | -29 | -47% |
|
130
Arrowstreet Capital
Boston,
Massachusetts
| – | -$1.39M | -60,463 | Closed |
|
131
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.34M | -50,972 | Closed |
|
132
Boston Partners
Boston,
Massachusetts
| – | -$959K | -41,711 | Closed |
|
133
HighTower Advisors
Chicago,
Illinois
| – | -$404K | -17,643 | Closed |
|
134
Marshall Wace
London,
United Kingdom
| – | -$347K | -15,100 | Closed |
|
|
HW
135
Hancock Whitney
Gulfport,
Mississippi
| – | -$314K | -13,665 | Closed |
|
|
ARTA
136
A.R.T. Advisors
New York
| – | -$299K | -13,006 | Closed |
|
137
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$48K | -2,099 | Closed |
|
138
Simplex Trading
Chicago,
Illinois
| – | -$5.5K | -210 | Closed |
|
CHEF Hedge Fund Activity: Q2 2018 in Review
129 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q2 2018, worth a combined $667M — up 25% from $532M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new CHEF positions and 9 closed out — a net gain of 13 holders — while 55 added to existing stakes and 42 trimmed.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $9.24M. The largest seller was Thompson Siegel & Walmsley, cutting an estimated $14.1M.
- 129 institutional investors held Chefs' Warehouse (CHEF) as of Q2 2018, up from 117 in Q1 2018.
- Funds reported $667M of Chefs' Warehouse stock for Q2 2018, up 25% quarter-over-quarter.
- 22 funds opened new Chefs' Warehouse positions in Q2 2018 and 9 closed out, a net change of +13 holders.
- The largest Chefs' Warehouse buyer in Q2 2018 was Kayne Anderson Rudnick Investment Management, an estimated $9.24M added.
- The largest Chefs' Warehouse seller in Q2 2018 was Thompson Siegel & Walmsley, an estimated $14.1M sold.
Based on aggregated 13F filings for Q2 2018.