Chefs' Warehouse
CHEF
84 hedge funds and large institutions have $427M invested in Chefs' Warehouse in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 42 increasing their positions, 22 reducing their positions, and 9 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 22
0% more funds holding
Funds holding: 84 → 84 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
21% less capital invested
Capital invested by funds: $541M → $427M (-$114M)
93% less call options, than puts
Call options by funds: $21K | Put options by funds: $315K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$27.2M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$14.2M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$13.2M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$13M |
| 5 |
Select Equity Group
New York
|
+$8.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$42M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$9.75M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.64M |
| 4 |
FCAM
F&C Asset Management
Edinburgh, Scotland,
United Kingdom
|
-$4.85M |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$3.76M |
CHEF Hedge Fund Activity: Q1 2014 in Review
84 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q1 2014, worth a combined $427M — down 21% from $541M a quarter earlier.
Fund positioning in CHEF was balanced in Q1 2014: 9 funds opened new positions, 9 closed out, 42 added to existing stakes and 22 trimmed.
The largest buyer was Columbia Wanger Asset Management, adding an estimated $27.2M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $42M sold.
- 84 institutional investors held Chefs' Warehouse (CHEF) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $427M of Chefs' Warehouse stock for Q1 2014, down 21% quarter-over-quarter.
- 9 funds opened new Chefs' Warehouse positions in Q1 2014 and 9 closed out, a net change of 0 holders.
- The largest Chefs' Warehouse buyer in Q1 2014 was Columbia Wanger Asset Management, an estimated $27.2M added.
- The largest Chefs' Warehouse seller in Q1 2014 was TimesSquare Capital Management, an estimated $42M sold.
Based on aggregated 13F filings for Q1 2014.