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Chefs' Warehouse

158 hedge funds and large institutions have $796M invested in Chefs' Warehouse in 2020 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 56 increasing their positions, 45 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 16

85% more capital invested

Capital invested by funds: $430M → $796M (+$366M)

30% more call options, than puts

Call options by funds: $28.4M | Put options by funds: $21.8M

24% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 45

16% more funds holding

Funds holding: 136158 (+22)

3.65% more ownership

Funds ownership: 78.4%82.05% (+3.7%)

Holders
158
Holders Change
+22
Holders Change %
+16.18%
% of All Funds
2.8%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
40
Increased
56
Reduced
45
Closed
16
Calls
$28.4M
Puts
$21.8M
Net Calls
+$6.63M
Net Calls Change
+$16.6M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$151M +$20M +1,017,530 +21%
Kayne Anderson Rudnick Investment Management
2
Kayne Anderson Rudnick Investment Management
California
$99.5M -$381K -19,355 -0.5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$57.1M +$1.46M +74,470 +3%
Bank of New York Mellon
4
Bank of New York Mellon
New York
$40.8M +$10.2M +519,646 +49%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$34.8M -$884K -44,966 -3%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$29.1M -$1.55M -78,932 -7%
D.E. Shaw & Co
7
D.E. Shaw & Co
New York
$27.9M -$4.57M -232,491 -18%
GF
8
Greenhouse Funds
Maryland
$27.1M -$6.99M -355,591 -25%
State Street
9
State Street
Massachusetts
$25.7M +$1.14M +58,022 +6%
CPM
10
Crescent Park Management
California
$21.8M +$4.27M +217,168 +34%
Wells Fargo
11
Wells Fargo
California
$15.3M -$4.94M -251,143 -30%
Ameriprise
12
Ameriprise
Minnesota
$14.4M +$6.05M +307,589 +122%
WA
13
Wasatch Advisors
Utah
$12.9M +$9.85M +500,889 New
RA
14
Royce & Associates
New York
$12.7M +$1.73M +88,000 +22%
Two Sigma Advisers
15
Two Sigma Advisers
New York
$12.5M -$1.5M -76,400 -14%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$12.2M +$419K +21,325 +5%
EVM
17
Eaton Vance Management
Massachusetts
$9.77M +$7.48M +380,453 New
BGIM
18
Brandywine Global Investment Management
Pennsylvania
$9.59M +$76.3K +3,878 +1%
GLA
19
Great Lakes Advisors
Illinois
$9.47M +$374K +19,030 +5%
Northern Trust
20
Northern Trust
Illinois
$9.28M -$230K -11,689 -3%
Charles Schwab
21
Charles Schwab
California
$8.14M +$568K +28,894 +10%
SCA
22
Southpoint Capital Advisors
New York
$7.71M -$1.97M -100,000 -25%
ACB
23
Aristotle Capital Boston
Massachusetts
$7.68M -$7M -355,666 -54%
N
24
Nuveen
North Carolina
$6.67M +$775K +39,395 +18%
Morgan Stanley
25
Morgan Stanley
New York
$5.96M +$1.67M +84,687 +57%

CHEF Hedge Fund Activity: Q4 2020 in Review

158 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q4 2020, worth a combined $796M — up 85% from $430M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new CHEF positions and 16 closed out — a net gain of 24 holders — while 56 added to existing stakes and 45 trimmed.

The largest buyer was BlackRock, adding an estimated $20M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $7.44M sold.

  • 158 institutional investors held Chefs' Warehouse (CHEF) as of Q4 2020, up from 136 in Q3 2020.
  • Funds reported $796M of Chefs' Warehouse stock for Q4 2020, up 85% quarter-over-quarter.
  • 40 funds opened new Chefs' Warehouse positions in Q4 2020 and 16 closed out, a net change of +24 holders.
  • The largest Chefs' Warehouse buyer in Q4 2020 was BlackRock, an estimated $20M added.
  • The largest Chefs' Warehouse seller in Q4 2020 was Renaissance Technologies, an estimated $7.44M sold.

Based on aggregated 13F filings for Q4 2020.