Chefs' Warehouse
CHEF
163 hedge funds and large institutions have $739M invested in Chefs' Warehouse in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 65 increasing their positions, 56 reducing their positions, and 25 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 56
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less funds holding
Funds holding: 164 → 163 (-1)
4% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 25
1.28% less ownership
Funds ownership: 89.21% → 87.93% (-1.3%)
34% less call options, than puts
Call options by funds: $10.9M | Put options by funds: $16.6M
41% less capital invested
Capital invested by funds: $1.26B → $739M (-$522M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$19.8M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$11.1M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$10.2M |
| 4 |
Morgan Stanley
New York
|
+$5.63M |
| 5 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$4.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$22.8M |
| 2 |
Bank of New York Mellon
New York
|
-$13.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.85M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$9.06M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$7.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MOACM
176
Mutual of America Capital Management
New York
| – | -$246K | -6,874 | Closed |
|
|
OAM
177
Oppenheimer Asset Management
New York
| – | -$244K | -6,813 | Closed |
|
178
Walleye Trading
New York
| – | -$203K | -6,650 | Closed |
|
|
QT
179
Quantbot Technologies
New York
| – | -$72.3K | -2,022 | Closed |
|
|
HCA
180
Harbor Capital Advisors
Chicago,
Illinois
| – | -$65K | -1,819 | Closed |
|
181
Walleye Capital
New York
| – | -$54.2K | -1,773 | Closed |
|
|
EC
182
Elequin Capital
New York
| – | -$9.73K | -272 | Closed |
|
183
Parallax Volatility Advisers
San Francisco,
California
| – | -$5.05K | -165 | Closed |
|
|
S
184
SignatureFD
Atlanta,
Georgia
| – | -$1.9K | -53 | Closed |
|
185
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -38 | Closed |
|
|
BFEC
186
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$1K | -24 | Closed |
|
|
GRP
187
Global Retirement Partners
San Rafael,
California
| – | -$322 | -9 | Closed |
|
CHEF Hedge Fund Activity: Q3 2023 in Review
163 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q3 2023, worth a combined $739M — down 41% from $1.26B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of CHEF and 24 opened new positions — a net loss of 1 holder — while 56 trimmed existing stakes and 65 added.
The largest buyer was JP Morgan Chase, adding an estimated $19.8M. The largest seller was Point72 Asset Management, cutting an estimated $22.8M.
- 163 institutional investors held Chefs' Warehouse (CHEF) as of Q3 2023, down from 164 in Q2 2023.
- Funds reported $739M of Chefs' Warehouse stock for Q3 2023, down 41% quarter-over-quarter.
- 24 funds opened new Chefs' Warehouse positions in Q3 2023 and 25 closed out, a net change of -1 holder.
- The largest Chefs' Warehouse buyer in Q3 2023 was JP Morgan Chase, an estimated $19.8M added.
- The largest Chefs' Warehouse seller in Q3 2023 was Point72 Asset Management, an estimated $22.8M sold.
Based on aggregated 13F filings for Q3 2023.