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Chefs' Warehouse

170 hedge funds and large institutions have $802M invested in Chefs' Warehouse in 2018 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 52 increasing their positions, 56 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

192% more call options, than puts

Call options by funds: $765K | Put options by funds: $262K

135% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 20

19% more funds holding

Funds holding: 143170 (+27)

4.88% more ownership

Funds ownership: 78.77%83.65% (+4.9%)

7% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 56

6% less capital invested

Capital invested by funds: $858M → $802M (-$55.7M)

Holders
170
Holders Change
+27
Holders Change %
+18.88%
% of All Funds
3.79%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
47
Increased
52
Reduced
56
Closed
20
Calls
$765K
Puts
$262K
Net Calls
+$503K
Net Calls Change
-$218K
Name Holding Trade Value Shares
Change
Change in
Stake
Kayne Anderson Rudnick Investment Management
1
Kayne Anderson Rudnick Investment Management
California
$141M -$13.9M -401,356 -8%
BlackRock
2
BlackRock
New York
$110M +$43.4M +1,250,763 +58%
Vanguard Group
3
Vanguard Group
Pennsylvania
$55.3M +$15.1M +436,138 +34%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$48.4M +$227K +6,526 +0.4%
CCA
5
Conestoga Capital Advisors
Pennsylvania
$41.6M -$14.2M -409,034 -24%
AllianceBernstein
6
AllianceBernstein
Tennessee
$39.9M -$6.5M -187,073 -13%
Renaissance Technologies
7
Renaissance Technologies
New York
$33M +$14M +401,806 +64%
Wells Fargo
8
Wells Fargo
California
$29.4M +$4.97M +143,221 +18%
Loomis, Sayles & Company
9
Loomis, Sayles & Company
Massachusetts
$21M +$9.98M +287,350 +78%
State Street
10
State Street
Massachusetts
$18.6M +$5.78M +166,503 +40%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$13.4M -$5.77M -166,055 -28%
Invesco
12
Invesco
Georgia
$13.3M +$11.5M +330,167 +388%
Lord, Abbett & Co
13
Lord, Abbett & Co
New Jersey
$13.2M -$1.16M -33,267 -7%
DCM
14
Driehaus Capital Management
Illinois
$12.6M +$1.19M +34,386 +10%
Ameriprise
15
Ameriprise
Minnesota
$11.5M +$4.41M +126,915 +54%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$10.8M +$5.84M +168,068 +98%
ACB
17
Aristotle Capital Boston
Massachusetts
$10.6M -$2.66M -76,648 -19%
JAM
18
Jupiter Asset Management
United Kingdom
$10.4M
Northern Trust
19
Northern Trust
Illinois
$8.88M -$10.4K -299 -0.1%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$8.06M +$981K +28,248 +13%
AII
21
AGF Investments Inc
Ontario, Canada
$6.89M +$1.56M +45,000 +26%
Principal Financial Group
22
Principal Financial Group
Iowa
$6.22M +$6.76M +194,648 New
Federated Hermes
23
Federated Hermes
Pennsylvania
$5.54M -$10.9K -315 -0.2%
SEI Investments
24
SEI Investments
Pennsylvania
$5.28M +$928K +26,723 +22%
Deutsche Bank
25
Deutsche Bank
Germany
$5.2M +$1.45M +41,677 +34%

CHEF Hedge Fund Activity: Q4 2018 in Review

170 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q4 2018, worth a combined $802M — down 6.5% from $858M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new CHEF positions and 20 closed out — a net gain of 27 holders — while 52 added to existing stakes and 56 trimmed.

The largest buyer was BlackRock, adding an estimated $43.4M. The largest seller was Conestoga Capital Advisors, cutting an estimated $14.2M.

  • 170 institutional investors held Chefs' Warehouse (CHEF) as of Q4 2018, up from 143 in Q3 2018.
  • Funds reported $802M of Chefs' Warehouse stock for Q4 2018, down 6.5% quarter-over-quarter.
  • 47 funds opened new Chefs' Warehouse positions in Q4 2018 and 20 closed out, a net change of +27 holders.
  • The largest Chefs' Warehouse buyer in Q4 2018 was BlackRock, an estimated $43.4M added.
  • The largest Chefs' Warehouse seller in Q4 2018 was Conestoga Capital Advisors, an estimated $14.2M sold.

Based on aggregated 13F filings for Q4 2018.