Chefs' Warehouse
CHEF
136 hedge funds and large institutions have $430M invested in Chefs' Warehouse in 2020 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 63 increasing their positions, 29 reducing their positions, and 28 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 29
8% more capital invested
Capital invested by funds: $397M → $430M (+$32.3M)
1.2% less ownership
Funds ownership: 79.6% → 78.4% (-1.2%)
3% less funds holding
Funds holding: 140 → 136 (-4)
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
52% less call options, than puts
Call options by funds: $9.34M | Put options by funds: $19.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPM
Crescent Park Management
East Palo Alto,
California
|
+$8.96M |
| 2 |
BlackRock
New York
|
+$6.83M |
| 3 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$4.98M |
| 4 |
NFAM
North Fourth Asset Management
Englewood Cliffs,
New Jersey
|
+$4.54M |
| 5 |
RA
Royce & Associates
New York
|
+$2.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$9.57M |
| 2 |
LPAM
Legion Partners Asset Management
Los Angeles,
California
|
-$7.22M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$5.22M |
| 4 |
JP Morgan Chase
New York
|
-$2.43M |
| 5 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$1.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Walleye Capital
New York
| – | -$175K | -12,900 | Closed |
|
152
Voloridge Investment Management
Jupiter,
Florida
| – | -$155K | -11,399 | Closed |
|
153
Russell Investments Group
London,
United Kingdom
| – | -$141K | -10,438 | Closed |
|
154
Verition Fund Management
Greenwich,
Connecticut
| – | -$138K | -10,144 | Closed |
|
155
Walleye Trading
New York
| – | -$138K | -9,702 | Closed |
|
|
QT
156
Quantbot Technologies
New York
| – | -$79K | -5,857 | Closed |
|
|
LIA
157
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$9K | -675 | Closed |
|
|
PHK
158
Point72 Hong Kong
Hong Kong
| – | -$6K | -453 | Closed |
|
159
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -126 | Closed |
|
|
S
160
SignatureFD
Atlanta,
Georgia
| – | -$1K | -100 | Closed |
|
|
SFS
161
Sowell Financial Services
North Little Rock,
Arkansas
| – | +$185 | +13 | New |
|
|
TSW
162
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | +$214 | +15 | New |
|
CHEF Hedge Fund Activity: Q3 2020 in Review
136 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q3 2020, worth a combined $430M — up 8.1% from $397M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of CHEF and 24 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 63 added.
The largest buyer was Crescent Park Management, opening a new position worth an estimated $8.96M. The largest seller was Renaissance Technologies, cutting an estimated $9.57M.
- 136 institutional investors held Chefs' Warehouse (CHEF) as of Q3 2020, down from 140 in Q2 2020.
- Funds reported $430M of Chefs' Warehouse stock for Q3 2020, up 8.1% quarter-over-quarter.
- 24 funds opened new Chefs' Warehouse positions in Q3 2020 and 28 closed out, a net change of -4 holders.
- The largest Chefs' Warehouse buyer in Q3 2020 was Crescent Park Management, an estimated $8.96M added.
- The largest Chefs' Warehouse seller in Q3 2020 was Renaissance Technologies, an estimated $9.57M sold.
Based on aggregated 13F filings for Q3 2020.