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Chefs' Warehouse

221 hedge funds and large institutions have $2.06B invested in Chefs' Warehouse in 2025 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 68 increasing their positions, 77 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

247% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 15

19% more funds holding

Funds holding: 185221 (+36)

11% more capital invested

Capital invested by funds: $1.85B → $2.06B (+$210M)

2.5% less ownership

Funds ownership: 94.74%92.23% (-2.5%)

12% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 77

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

34% less call options, than puts

Call options by funds: $5.21M | Put options by funds: $7.91M

Holders
221
Holders Change
+36
Holders Change %
+19.46%
% of All Funds
2.96%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
52
Increased
68
Reduced
77
Closed
15
Calls
$5.21M
Puts
$7.91M
Net Calls
-$2.7M
Net Calls Change
-$5.29M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$286M -$4.27M -76,665 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$146M -$443K -7,947 -0.3%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$145M +$12.5M +223,954 +9%
Ameriprise
4
Ameriprise
Minnesota
$113M +$92M +1,649,811 +390%
GF
5
Greenhouse Funds
Maryland
$87.1M -$47.6M -854,311 -35%
JP Morgan Chase
6
JP Morgan Chase
New York
$76.1M -$20.9M -374,042 -21%
State Street
7
State Street
Massachusetts
$74.9M -$2.83M -50,694 -4%
AllianceBernstein
8
AllianceBernstein
Tennessee
$58.8M -$51.9M -931,790 -46%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$54M -$12.2M -217,975 -18%
Morgan Stanley
10
Morgan Stanley
New York
$51.5M +$8.65M +155,162 +20%
Invesco
11
Invesco
Georgia
$50.6M -$749K -13,438 -1%
KCM
12
Kennedy Capital Management
Missouri
$48.1M +$7.14M +128,003 +17%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$46.3M +$1.85M +33,165 +4%
Massachusetts Financial Services
14
Massachusetts Financial Services
Massachusetts
$42.9M +$43.9M +787,103 New
Federated Hermes
15
Federated Hermes
Pennsylvania
$42M -$1.69M -30,403 -4%
Jennison Associates
16
Jennison Associates
New York
$38.4M -$378K -6,784 -1%
N
17
Nuveen
North Carolina
$26.3M +$79.7K +1,429 +0.3%
Victory Capital Management
18
Victory Capital Management
Texas
$25.5M -$704K -12,629 -3%
Charles Schwab
19
Charles Schwab
California
$24.7M -$569K -10,206 -2%
Select Equity Group
20
Select Equity Group
New York
$24.7M +$21.2M +380,356 +525%
Northern Trust
21
Northern Trust
Illinois
$23.5M +$938K +16,821 +4%
Schroder Investment Management Group
22
Schroder Investment Management Group
United Kingdom
$23.3M -$2.29M -41,118 -9%
SAM
23
Silvercrest Asset Management
New York
$22.5M +$581K +10,431 +3%
Manulife (Manufacturers Life Insurance)
24
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$22.3M -$4.81M -86,268 -17%
Pictet Asset Management
25
Pictet Asset Management
Switzerland
$20.3M -$2.23M -40,076 -10%

CHEF Hedge Fund Activity: Q1 2025 in Review

221 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q1 2025, worth a combined $2.06B — up 11% from $1.85B a quarter earlier.

Buyers outnumbered sellers: 52 funds opened new CHEF positions and 15 closed out — a net gain of 37 holders — while 68 added to existing stakes and 77 trimmed.

The largest buyer was Ameriprise, adding an estimated $92M. The largest seller was AllianceBernstein, cutting an estimated $51.9M.

  • 221 institutional investors held Chefs' Warehouse (CHEF) as of Q1 2025, up from 185 in Q4 2024.
  • Funds reported $2.06B of Chefs' Warehouse stock for Q1 2025, up 11% quarter-over-quarter.
  • 52 funds opened new Chefs' Warehouse positions in Q1 2025 and 15 closed out, a net change of +37 holders.
  • The largest Chefs' Warehouse buyer in Q1 2025 was Ameriprise, an estimated $92M added.
  • The largest Chefs' Warehouse seller in Q1 2025 was AllianceBernstein, an estimated $51.9M sold.

Based on aggregated 13F filings for Q1 2025.