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Chefs' Warehouse

89 hedge funds and large institutions have $408M invested in Chefs' Warehouse in 2013 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 38 increasing their positions, 20 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

420% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 5

90% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 20

88% more capital invested

Capital invested by funds: $217M → $408M (+$192M)

29% more funds holding

Funds holding: 6989 (+20)

89% less call options, than puts

Call options by funds: $16K | Put options by funds: $152K

Holders
89
Holders Change
+20
Holders Change %
+28.99%
% of All Funds
2.89%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
26
Increased
38
Reduced
20
Closed
5
Calls
$16K
Puts
$152K
Net Calls
-$136K
Net Calls Change
-$167K
Name Holding Trade Value Shares
Change
Change in
Stake
BAMCO Inc
1
BAMCO Inc
New York
$53M +$11.6M +542,250 +31%
Kayne Anderson Rudnick Investment Management
2
Kayne Anderson Rudnick Investment Management
California
$39.7M +$14M +650,754 +61%
AllianceBernstein
3
AllianceBernstein
Tennessee
$38.7M +$5.04M +234,698 +16%
WA
4
Wasatch Advisors
Utah
$36.6M +$32.2M +1,497,472 +1,741%
TCM
5
TimesSquare Capital Management
New York
$33.8M +$2.21M +103,000 +8%
Jennison Associates
6
Jennison Associates
New York
$19.1M +$17.7M +825,882 New
FCAM
7
F&C Asset Management
United Kingdom
$18.7M +$752K +35,000 +5%
EBIM
8
Eagle Boston Investment Management
Massachusetts
$15.9M -$301K -14,023 -2%
BFA
9
BlackRock Fund Advisors
California
$10.7M +$2.49M +116,002 +33%
Vanguard Group
10
Vanguard Group
Pennsylvania
$10.7M +$3.11M +144,797 +46%
Westfield Capital Management
11
Westfield Capital Management
Massachusetts
$9.84M +$9.15M +425,740 New
Fidelity Investments
12
Fidelity Investments
Massachusetts
$9.67M -$9.08M -422,484 -50%
Goldman Sachs
13
Goldman Sachs
New York
$9.59M -$1.48M -68,798 -14%
CWAM
14
Columbia Wanger Asset Management
Illinois
$8.43M +$6.44M +300,000 +462%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$8.29M -$821K -38,210 -10%
SCP
16
Sandhill Capital Partners
New York
$7.44M +$150K +6,991 +2%
TAM
17
THB Asset Management
Connecticut
$7.38M +$648K +30,162 +10%
WSA
18
Wall Street Associates
California
$6.32M -$85.9K -4,000 -1%
BIT
19
BlackRock Institutional Trust
California
$4.66M -$1.49M -69,176 -26%
QCMNJ
20
Quantum Capital Management (New Jersey)
New Jersey
$4.59M +$962K +44,800 +29%
State Street
21
State Street
Massachusetts
$4.43M +$627K +29,179 +18%
Northern Trust
22
Northern Trust
Illinois
$4.39M +$671K +31,234 +20%
Lord, Abbett & Co
23
Lord, Abbett & Co
New Jersey
$4.08M +$3.79M +176,503 New
SH
24
Scepter Holdings
Texas
$4.03M +$3.74M +174,274 New
GKIM
25
GW&K Investment Management
Massachusetts
$3.2M +$2.65M +123,295 +802%

CHEF Hedge Fund Activity: Q3 2013 in Review

89 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q3 2013, worth a combined $408M — up 88% from $217M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new CHEF positions and 5 closed out — a net gain of 21 holders — while 38 added to existing stakes and 20 trimmed.

The largest buyer was Wasatch Advisors, adding an estimated $32.2M. The largest seller was Fidelity Investments, cutting an estimated $9.08M.

  • 89 institutional investors held Chefs' Warehouse (CHEF) as of Q3 2013, up from 69 in Q2 2013.
  • Funds reported $408M of Chefs' Warehouse stock for Q3 2013, up 88% quarter-over-quarter.
  • 26 funds opened new Chefs' Warehouse positions in Q3 2013 and 5 closed out, a net change of +21 holders.
  • The largest Chefs' Warehouse buyer in Q3 2013 was Wasatch Advisors, an estimated $32.2M added.
  • The largest Chefs' Warehouse seller in Q3 2013 was Fidelity Investments, an estimated $9.08M sold.

Based on aggregated 13F filings for Q3 2013.