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Chefs' Warehouse

170 hedge funds and large institutions have $802M invested in Chefs' Warehouse in 2018 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 52 increasing their positions, 56 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

192% more call options, than puts

Call options by funds: $765K | Put options by funds: $262K

135% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 20

19% more funds holding

Funds holding: 143170 (+27)

4.88% more ownership

Funds ownership: 78.77%83.65% (+4.9%)

7% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 56

6% less capital invested

Capital invested by funds: $858M → $802M (-$55.7M)

Holders
170
Holders Change
+27
Holders Change %
+18.88%
% of All Funds
3.79%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
47
Increased
52
Reduced
56
Closed
20
Calls
$765K
Puts
$262K
Net Calls
+$503K
Net Calls Change
-$218K
Name Holding Trade Value Shares
Change
Change in
Stake
TRSOTSOK
126
Teachers Retirement System of the State of Kentucky
Kentucky
$150K +$163K +4,700 New
TAM
127
Tyers Asset Management
Texas
$122K +$132K +3,806 New
HFM
128
Harvest Fund Management
China
$113K +$12.4K +358 +11%
VanEck Associates
129
VanEck Associates
New York
$110K -$14.2K -410 -11%
RCM
130
Riverhead Capital Management
Delaware
$99K +$108K +3,100 New
CG
131
Cutler Group
California
$97K +$106K +3,050 New
FMT
132
First Mercantile Trust
Tennessee
$89K -$166K -4,782 -63%
GHCM
133
Glen Harbor Capital Management
California
$88K +$96.1K +2,768 New
FQ
134
First Quadrant
California
$78K -$11K -316 -11%
PI
135
PEAK6 Investments
Illinois
$61K +$66.8K +1,922 New
AIP
136
Ameritas Investment Partners
Nebraska
$59K
PCG
137
Private Capital Group
Connecticut
$47K +$1.98K +57 +4%
Zurich Cantonal Bank
138
Zurich Cantonal Bank
Switzerland
$44K -$38.8K -1,118 -45%
LTFS
139
Ladenburg Thalmann Financial Services
Florida
$41K +$21.6K +622 +94%
PAM
140
Paradigm Asset Management
New York
$32K -$8.68K -250 -20%
HNB
141
Huntington National Bank
Ohio
$26K -$8.06K -232 -22%
LIA
142
LS Investment Advisors
Michigan
$22K +$23.4K +675 New
FHB
143
First Hawaiian Bank
Hawaii
$22K +$23.6K +680 New
YWP
144
YorkBridge Wealth Partners
New York
$21K
DWA
145
Dorsey Wright & Associates
California
$20K +$3.65K +105 +20%
MOACM
146
Mutual of America Capital Management
New York
$18K +$19.9K +573 New
PRC
147
Pearl River Capital
Michigan
$17K +$18K +517 New
WAM
148
Wealthspire Advisors (Maryland)
Maryland
$15K +$16.8K +484 New
RFWA
149
RPg Family Wealth Advisory
Massachusetts
$14.4K
FHA
150
First Horizon Advisors
Tennessee
$14K -$5.83K -168 -27%

CHEF Hedge Fund Activity: Q4 2018 in Review

170 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q4 2018, worth a combined $802M — down 6.5% from $858M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new CHEF positions and 20 closed out — a net gain of 27 holders — while 52 added to existing stakes and 56 trimmed.

The largest buyer was BlackRock, adding an estimated $43.4M. The largest seller was Conestoga Capital Advisors, cutting an estimated $14.2M.

  • 170 institutional investors held Chefs' Warehouse (CHEF) as of Q4 2018, up from 143 in Q3 2018.
  • Funds reported $802M of Chefs' Warehouse stock for Q4 2018, down 6.5% quarter-over-quarter.
  • 47 funds opened new Chefs' Warehouse positions in Q4 2018 and 20 closed out, a net change of +27 holders.
  • The largest Chefs' Warehouse buyer in Q4 2018 was BlackRock, an estimated $43.4M added.
  • The largest Chefs' Warehouse seller in Q4 2018 was Conestoga Capital Advisors, an estimated $14.2M sold.

Based on aggregated 13F filings for Q4 2018.