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Chefs' Warehouse

163 hedge funds and large institutions have $739M invested in Chefs' Warehouse in 2023 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 65 increasing their positions, 56 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 56

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

1% less funds holding

Funds holding: 164163 (-1)

4% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 25

1.28% less ownership

Funds ownership: 89.21%87.93% (-1.3%)

34% less call options, than puts

Call options by funds: $10.9M | Put options by funds: $16.6M

41% less capital invested

Capital invested by funds: $1.26B → $739M (-$522M)

Holders
163
Holders Change
-1
Holders Change %
-0.61%
% of All Funds
2.59%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
24
Increased
65
Reduced
56
Closed
25
Calls
$10.9M
Puts
$16.6M
Net Calls
-$5.67M
Net Calls Change
+$1.24M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$112M -$5.04M -164,929 -3%
GF
2
Greenhouse Funds
Maryland
$55.9M +$4.2M +137,458 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$55.9M +$488K +15,970 +0.6%
AllianceBernstein
4
AllianceBernstein
Tennessee
$50.8M -$337K -11,004 -0.5%
JP Morgan Chase
5
JP Morgan Chase
New York
$29.7M +$19.8M +647,347 +86%
Jennison Associates
6
Jennison Associates
New York
$29.6M +$307K +10,036 +0.7%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$28.8M -$1.07M -35,145 -3%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$27.5M +$3.28M +107,258 +9%
Morgan Stanley
9
Morgan Stanley
New York
$27.4M +$5.63M +183,918 +17%
State Street
10
State Street
Massachusetts
$26.5M +$327K +10,684 +0.9%
Schroder Investment Management Group
11
Schroder Investment Management Group
United Kingdom
$20.1M +$3.4M +111,147 +13%
SIMG
12
Stephens Investment Management Group
Texas
$19M +$1.49M +48,673 +6%
Federated Hermes
13
Federated Hermes
Pennsylvania
$17M +$3.99M +130,457 +19%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$15.7M +$737K +24,082 +3%
N
15
Nuveen
North Carolina
$15M -$1.34M -43,695 -6%
SAM
16
Silvercrest Asset Management
New York
$13M +$491K +16,068 +3%
KCM
17
Kennedy Capital Management
Missouri
$12.1M +$3.24M +105,790 +23%
Ameriprise
18
Ameriprise
Minnesota
$10.7M -$9.85M -322,188 -39%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$10.1M -$13.4M -436,520 -48%
First Eagle Investment Management
20
First Eagle Investment Management
New York
$8.64M +$4.02M +131,479 +48%
Charles Schwab
21
Charles Schwab
California
$8.31M +$657K +21,483 +6%
Manulife (Manufacturers Life Insurance)
22
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$8.01M +$11.1M +363,843 +2,528%
Northern Trust
23
Northern Trust
Illinois
$7.95M -$5.66K -185 -0%
GIM
24
Granahan Investment Management
Massachusetts
$7.05M +$10.2M +333,086 New
WA
25
Wasatch Advisors
Utah
$6.48M +$215K +7,033 +2%

CHEF Hedge Fund Activity: Q3 2023 in Review

163 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q3 2023, worth a combined $739M — down 41% from $1.26B a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of CHEF and 24 opened new positions — a net loss of 1 holder — while 56 trimmed existing stakes and 65 added.

The largest buyer was JP Morgan Chase, adding an estimated $19.8M. The largest seller was Point72 Asset Management, cutting an estimated $22.8M.

  • 163 institutional investors held Chefs' Warehouse (CHEF) as of Q3 2023, down from 164 in Q2 2023.
  • Funds reported $739M of Chefs' Warehouse stock for Q3 2023, down 41% quarter-over-quarter.
  • 24 funds opened new Chefs' Warehouse positions in Q3 2023 and 25 closed out, a net change of -1 holder.
  • The largest Chefs' Warehouse buyer in Q3 2023 was JP Morgan Chase, an estimated $19.8M added.
  • The largest Chefs' Warehouse seller in Q3 2023 was Point72 Asset Management, an estimated $22.8M sold.

Based on aggregated 13F filings for Q3 2023.