Chefs' Warehouse
CHEF
158 hedge funds and large institutions have $881M invested in Chefs' Warehouse in 2019 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 57 increasing their positions, 50 reducing their positions, and 26 closing their positions.
14% more capital invested
Capital invested by funds: $772M → $881M (+$109M)
14% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 50
0.95% more ownership
Funds ownership: 82.93% → 83.87% (+0.95%)
4% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 26
2% less funds holding
Funds holding: 162 → 158 (-4)
59% less call options, than puts
Call options by funds: $334K | Put options by funds: $814K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$7.06M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.71M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.55M |
| 4 |
BlackRock
New York
|
+$4.82M |
| 5 |
Millennium Management
New York
|
+$4.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$15.3M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$7.16M |
| 3 |
ECP
Elk Creek Partners
Denver,
Colorado
|
-$3.85M |
| 4 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$3.1M |
| 5 |
Bank of New York Mellon
New York
|
-$3.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMFA
176
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$31K | -1,000 | Closed |
|
|
FHB
177
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$28K | -915 | Closed |
|
|
WAM
178
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$14K | -445 | Closed |
|
|
CAM
179
Cresset Asset Management
Chicago,
Illinois
| – | -$10K | -309 | Closed |
|
|
SWM
180
SeaCrest Wealth Management
Purchase,
New York
| – | -$6K | -200 | Closed |
|
|
QT
181
Quantamental Technologies
White Plains,
New York
| – | -$6K | -183 | Closed |
|
|
MNBTD
182
Moody National Bank Trust Division
Galveston,
Texas
| – | -$4K | -124 | Closed |
|
183
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -73 | Closed |
|
|
VCM
184
Versant Capital Management
Phoenix,
Arizona
| – | +$231 | +7 | New |
|
CHEF Hedge Fund Activity: Q2 2019 in Review
158 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q2 2019, worth a combined $881M — up 14% from $772M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of CHEF and 25 opened new positions — a net loss of 1 holder — while 50 trimmed existing stakes and 57 added.
The largest buyer was Fort Washington Investment Advisors, opening a new position worth an estimated $7.06M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $15.3M.
- 158 institutional investors held Chefs' Warehouse (CHEF) as of Q2 2019, down from 162 in Q1 2019.
- Funds reported $881M of Chefs' Warehouse stock for Q2 2019, up 14% quarter-over-quarter.
- 25 funds opened new Chefs' Warehouse positions in Q2 2019 and 26 closed out, a net change of -1 holder.
- The largest Chefs' Warehouse buyer in Q2 2019 was Fort Washington Investment Advisors, an estimated $7.06M added.
- The largest Chefs' Warehouse seller in Q2 2019 was Kayne Anderson Rudnick Investment Management, an estimated $15.3M sold.
Based on aggregated 13F filings for Q2 2019.