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Chefs' Warehouse

162 hedge funds and large institutions have $772M invested in Chefs' Warehouse in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 58 increasing their positions, 65 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.72% less ownership

Funds ownership: 83.65%82.93% (-0.72%)

4% less capital invested

Capital invested by funds: $802M → $772M (-$30.5M)

5% less funds holding

Funds holding: 170162 (-8)

11% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 65

22% less call options, than puts

Call options by funds: $338K | Put options by funds: $433K

30% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 27

Holders
162
Holders Change
-8
Holders Change %
-4.71%
% of All Funds
3.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
19
Increased
58
Reduced
65
Closed
27
Calls
$338K
Puts
$433K
Net Calls
-$95K
Net Calls Change
-$598K
Name Holding Trade Value Shares
Change
Change in
Stake
Kayne Anderson Rudnick Investment Management
1
Kayne Anderson Rudnick Investment Management
California
$130M -$6.76M -206,277 -5%
BlackRock
2
BlackRock
New York
$104M -$2.79M -85,133 -2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$54.9M +$1.27M +38,617 +2%
AllianceBernstein
4
AllianceBernstein
Tennessee
$54.4M +$16.6M +506,183 +41%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$46.8M -$178K -5,428 -0.4%
CCA
6
Conestoga Capital Advisors
Pennsylvania
$41.6M +$1.37M +41,771 +3%
Renaissance Technologies
7
Renaissance Technologies
New York
$35.5M +$3.62M +110,494 +11%
Wells Fargo
8
Wells Fargo
California
$26.3M -$2.39M -72,899 -8%
Loomis, Sayles & Company
9
Loomis, Sayles & Company
Massachusetts
$20.4M -$34.8K -1,061 -0.2%
Wellington Management Group
10
Wellington Management Group
Massachusetts
$18.9M +$6.18M +188,650 +45%
State Street
11
State Street
Massachusetts
$18.8M +$865K +26,404 +5%
ACB
12
Aristotle Capital Boston
Massachusetts
$17.1M +$7.15M +218,280 +66%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$11.7M +$1.2M +36,655 +11%
Ameriprise
14
Ameriprise
Minnesota
$10.5M -$700K -21,344 -6%
JAM
15
Jupiter Asset Management
United Kingdom
$10.1M
Lord, Abbett & Co
16
Lord, Abbett & Co
New Jersey
$9.19M -$3.84M -117,092 -28%
Northern Trust
17
Northern Trust
Illinois
$8.68M +$56.8K +1,734 +0.6%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$8.44M +$639K +19,487 +8%
DCM
19
Driehaus Capital Management
Illinois
$7.16M -$5.36M -163,547 -41%
AII
20
AGF Investments Inc
Ontario, Canada
$6.69M
Invesco
21
Invesco
Georgia
$6.22M -$7.04M -214,809 -52%
Principal Financial Group
22
Principal Financial Group
Iowa
$5.98M -$63.7K -1,945 -1%
Federated Hermes
23
Federated Hermes
Pennsylvania
$5.46M +$87.2K +2,662 +2%
Bank of America
24
Bank of America
North Carolina
$4.83M +$641K +19,546 +14%
WA
25
Wasatch Advisors
Utah
$4.47M

CHEF Hedge Fund Activity: Q1 2019 in Review

162 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q1 2019, worth a combined $772M — down 3.8% from $802M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of CHEF and 19 opened new positions — a net loss of 8 holders — while 65 trimmed existing stakes and 58 added.

The largest buyer was AllianceBernstein, adding an estimated $16.6M. The largest seller was Invesco, cutting an estimated $7.04M.

  • 162 institutional investors held Chefs' Warehouse (CHEF) as of Q1 2019, down from 170 in Q4 2018.
  • Funds reported $772M of Chefs' Warehouse stock for Q1 2019, down 3.8% quarter-over-quarter.
  • 19 funds opened new Chefs' Warehouse positions in Q1 2019 and 27 closed out, a net change of -8 holders.
  • The largest Chefs' Warehouse buyer in Q1 2019 was AllianceBernstein, an estimated $16.6M added.
  • The largest Chefs' Warehouse seller in Q1 2019 was Invesco, an estimated $7.04M sold.

Based on aggregated 13F filings for Q1 2019.