Chefs' Warehouse
CHEF
164 hedge funds and large institutions have $1.26B invested in Chefs' Warehouse in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 69 increasing their positions, 56 reducing their positions, and 29 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 56
4% more capital invested
Capital invested by funds: $1.21B → $1.26B (+$50.2M)
2.94% less ownership
Funds ownership: 92.15% → 89.21% (-2.9%)
7% less funds holding
Funds holding: 177 → 164 (-13)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
45% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 29
82% less call options, than puts
Call options by funds: $1.5M | Put options by funds: $8.41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$22.1M |
| 2 |
Jennison Associates
New York
|
+$20.2M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$13.2M |
| 4 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$9.99M |
| 5 |
Morgan Stanley
New York
|
+$9.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$23.6M |
| 2 |
OAM
Ophir Asset Management
Sydney,
Australia
|
-$15.2M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$14.3M |
| 4 |
NFAM
North Fourth Asset Management
Englewood Cliffs,
New Jersey
|
-$12M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$6.19M |
CHEF Hedge Fund Activity: Q2 2023 in Review
164 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q2 2023, worth a combined $1.26B — up 4.1% from $1.21B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of CHEF and 16 opened new positions — a net loss of 13 holders — while 56 trimmed existing stakes and 69 added.
The largest buyer was JP Morgan Chase, adding an estimated $22.1M. The largest seller was Millennium Management, cutting an estimated $23.6M.
- 164 institutional investors held Chefs' Warehouse (CHEF) as of Q2 2023, down from 177 in Q1 2023.
- Funds reported $1.26B of Chefs' Warehouse stock for Q2 2023, up 4.1% quarter-over-quarter.
- 16 funds opened new Chefs' Warehouse positions in Q2 2023 and 29 closed out, a net change of -13 holders.
- The largest Chefs' Warehouse buyer in Q2 2023 was JP Morgan Chase, an estimated $22.1M added.
- The largest Chefs' Warehouse seller in Q2 2023 was Millennium Management, an estimated $23.6M sold.
Based on aggregated 13F filings for Q2 2023.