Chefs' Warehouse
CHEF
166 hedge funds and large institutions have $967M invested in Chefs' Warehouse in 2022 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 77 increasing their positions, 47 reducing their positions, and 45 closing their positions.
313% more call options, than puts
Call options by funds: $16.2M | Put options by funds: $3.91M
64% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 47
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.72% less ownership
Funds ownership: 88.1% → 87.38% (-0.72%)
13% less funds holding
Funds holding: 191 → 166 (-25)
26% less capital invested
Capital invested by funds: $1.31B → $967M (-$340M)
51% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$22.6M |
| 2 |
Millennium Management
New York
|
+$18.9M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$15.4M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$12.6M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$87.2M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$13.3M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$9.62M |
| 4 |
Bank of New York Mellon
New York
|
-$7.79M |
| 5 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
-$7.71M |
CHEF Hedge Fund Activity: Q3 2022 in Review
166 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q3 2022, worth a combined $967M — down 26% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of CHEF and 22 opened new positions — a net loss of 23 holders — while 47 trimmed existing stakes and 77 added.
The largest buyer was Wellington Management Group, adding an estimated $22.6M. The largest seller was Kayne Anderson Rudnick Investment Management, exiting entirely with an estimated $87.2M sold.
- 166 institutional investors held Chefs' Warehouse (CHEF) as of Q3 2022, down from 191 in Q2 2022.
- Funds reported $967M of Chefs' Warehouse stock for Q3 2022, down 26% quarter-over-quarter.
- 22 funds opened new Chefs' Warehouse positions in Q3 2022 and 45 closed out, a net change of -23 holders.
- The largest Chefs' Warehouse buyer in Q3 2022 was Wellington Management Group, an estimated $22.6M added.
- The largest Chefs' Warehouse seller in Q3 2022 was Kayne Anderson Rudnick Investment Management, an estimated $87.2M sold.
Based on aggregated 13F filings for Q3 2022.