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Chefs' Warehouse

156 hedge funds and large institutions have $964M invested in Chefs' Warehouse in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 54 increasing their positions, 59 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

245% more call options, than puts

Call options by funds: $50.8M | Put options by funds: $14.7M

21% more capital invested

Capital invested by funds: $796M → $964M (+$169M)

2.93% more ownership

Funds ownership: 82.05%84.98% (+2.9%)

0% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 25

8% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 59

1% less funds holding

Funds holding: 158156 (-2)

Holders
156
Holders Change
-2
Holders Change %
-1.27%
% of All Funds
2.74%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.04%
New
25
Increased
54
Reduced
59
Closed
25
Calls
$50.8M
Puts
$14.7M
Net Calls
+$36.1M
Net Calls Change
+$29.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$176M -$3.03M -101,902 -2%
Kayne Anderson Rudnick Investment Management
2
Kayne Anderson Rudnick Investment Management
California
$117M -$848K -28,563 -0.7%
Vanguard Group
3
Vanguard Group
Pennsylvania
$68.4M +$614K +20,691 +0.9%
Bank of New York Mellon
4
Bank of New York Mellon
New York
$47.5M -$792K -26,667 -2%
GF
5
Greenhouse Funds
Maryland
$41.3M +$8.87M +298,586 +28%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$39.5M -$1.73M -58,349 -4%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$37M +$2.36M +79,640 +7%
State Street
8
State Street
Massachusetts
$31.5M +$987K +33,244 +3%
D.E. Shaw & Co
9
D.E. Shaw & Co
New York
$26.8M -$6.15M -207,117 -19%
WA
10
Wasatch Advisors
Utah
$21.6M +$6.23M +209,761 +42%
SAM
11
Silvercrest Asset Management
New York
$18.6M +$18.1M +610,842 New
EVM
12
Eaton Vance Management
Massachusetts
$18.4M +$6.69M +225,178 +59%
RA
13
Royce & Associates
New York
$17.7M +$2.57M +86,500 +17%
Wells Fargo
14
Wells Fargo
California
$17.6M -$520K -17,517 -3%
Ameriprise
15
Ameriprise
Minnesota
$16.9M -$169K -5,687 -1%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$16M +$1.53M +51,537 +11%
GLA
17
Great Lakes Advisors
Illinois
$12M +$775K +26,088 +7%
Northern Trust
18
Northern Trust
Illinois
$10.6M -$355K -11,954 -3%
Charles Schwab
19
Charles Schwab
California
$9.9M +$248K +8,346 +3%
SIMG
20
Stephens Investment Management Group
Texas
$9.48M +$9.24M +311,137 New
Two Sigma Advisers
21
Two Sigma Advisers
New York
$9.25M -$5.41M -182,300 -38%
ACB
22
Aristotle Capital Boston
Massachusetts
$9.18M +$72.8K +2,452 +0.8%
Swedbank
23
Swedbank
Sweden
$9.14M +$8.91M +300,000 New
PCC
24
Perry Creek Capital
New York
$8.45M +$6.68M +225,100 +430%
GIM
25
Granahan Investment Management
Massachusetts
$8.03M +$5.59M +188,225 +250%

CHEF Hedge Fund Activity: Q1 2021 in Review

156 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q1 2021, worth a combined $964M — up 21% from $796M a quarter earlier.

Fund positioning in CHEF was balanced in Q1 2021: 25 funds opened new positions, 25 closed out, 54 added to existing stakes and 59 trimmed.

The largest buyer was Silvercrest Asset Management, opening a new position worth an estimated $18.1M. The largest seller was Crescent Park Management, exiting entirely with an estimated $21.8M sold.

  • 156 institutional investors held Chefs' Warehouse (CHEF) as of Q1 2021, down from 158 in Q4 2020.
  • Funds reported $964M of Chefs' Warehouse stock for Q1 2021, up 21% quarter-over-quarter.
  • 25 funds opened new Chefs' Warehouse positions in Q1 2021 and 25 closed out, a net change of 0 holders.
  • The largest Chefs' Warehouse buyer in Q1 2021 was Silvercrest Asset Management, an estimated $18.1M added.
  • The largest Chefs' Warehouse seller in Q1 2021 was Crescent Park Management, an estimated $21.8M sold.

Based on aggregated 13F filings for Q1 2021.