Chefs' Warehouse
CHEF
84 hedge funds and large institutions have $541M invested in Chefs' Warehouse in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 42 increasing their positions, 27 reducing their positions, and 14 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 27
33% more capital invested
Capital invested by funds: $408M → $541M (+$133M)
6% less funds holding
Funds holding: 89 → 84 (-5)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$14.5M |
| 2 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$9.82M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$8.74M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$5.55M |
| 5 |
BAMCO Inc
New York
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$10.1M |
| 2 |
Bank of New York Mellon
New York
|
-$4.64M |
| 3 |
SH
Scepter Holdings
Fort Worth,
Texas
|
-$4.03M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.57M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.27M |
CHEF Hedge Fund Activity: Q4 2013 in Review
84 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q4 2013, worth a combined $541M — up 33% from $408M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of CHEF and 9 opened new positions — a net loss of 5 holders — while 27 trimmed existing stakes and 42 added.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $14.5M. The largest seller was Goldman Sachs, cutting an estimated $10.1M.
- 84 institutional investors held Chefs' Warehouse (CHEF) as of Q4 2013, down from 89 in Q3 2013.
- Funds reported $541M of Chefs' Warehouse stock for Q4 2013, up 33% quarter-over-quarter.
- 9 funds opened new Chefs' Warehouse positions in Q4 2013 and 14 closed out, a net change of -5 holders.
- The largest Chefs' Warehouse buyer in Q4 2013 was Kayne Anderson Rudnick Investment Management, an estimated $14.5M added.
- The largest Chefs' Warehouse seller in Q4 2013 was Goldman Sachs, an estimated $10.1M sold.
Based on aggregated 13F filings for Q4 2013.