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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
VCA
126
Verdence Capital Advisors
Maryland
$232K +$211K +6,173 New
Verition Fund Management
127
Verition Fund Management
Connecticut
$229K -$39.7K -1,160 -16%
MOACM
128
Mutual of America Capital Management
New York
$229K +$208K +6,082 New
B
129
Bailard
California
$215K +$195K +5,700 New
AIP
130
Ameritas Investment Partners
Nebraska
$132K
Fidelity Investments
131
Fidelity Investments
Massachusetts
$125K +$8.8K +257 +8%
US Bancorp
132
US Bancorp
Minnesota
$121K +$2.06K +60 +2%
MLICM
133
Metropolitan Life Insurance Company (MetLife)
New York
$73.2K
PNC Financial Services Group
134
PNC Financial Services Group
Pennsylvania
$72.7K -$685 -20 -1%
Royal Bank of Canada
135
Royal Bank of Canada
Ontario, Canada
$53K -$303K -8,840 -86%
KBC Group
136
KBC Group
Belgium
$47K
Osaic Holdings
137
Osaic Holdings
Arizona
$34.5K +$1.1K +32 +4%
QCG
138
Quadrant Capital Group
Ohio
$29.6K +$2.77K +81 +12%
GI
139
GAMMA Investing
California
$24.5K +$6.61K +193 +42%
S
140
SignatureFD
Georgia
$20.6K
Ohio Public Employees Retirement System (OPERS)
141
Ohio Public Employees Retirement System (OPERS)
Ohio
$20.1K +$103 +3 +0.6%
CA
142
CoreCap Advisors
Michigan
$18.1K +$16.4K +480 New
PA
143
Parallel Advisors
California
$16.6K
VCM
144
Versant Capital Management
Arizona
$13.3K
TRCT
145
Tower Research Capital (TRC)
New York
$13.1K -$455K -13,273 -97%
Carson Wealth (CWM LLC)
146
Carson Wealth (CWM LLC)
Nebraska
$11K +$137 +4 +1%
EC
147
Elequin Capital
New York
$8.47K +$6.03K +176 +359%
HMS
148
Hanseatic Management Services
New Mexico
$6.29K +$5.72K +167 New
HNB
149
Huntington National Bank
Ohio
$5.27K
NA
150
NewEdge Advisors
Louisiana
$3.77K

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.