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Chefs' Warehouse

227 hedge funds and large institutions have $2.48B invested in Chefs' Warehouse in 2025 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 88 increasing their positions, 76 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more call options, than puts

Call options by funds: $11M | Put options by funds: $7.85M

25% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 32

20% more capital invested

Capital invested by funds: $2.06B → $2.48B (+$419M)

16% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 76

3.21% more ownership

Funds ownership: 92.23%95.44% (+3.2%)

3% more funds holding

Funds holding: 221227 (+6)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
227
Holders Change
+6
Holders Change %
+2.71%
% of All Funds
2.99%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.01%
New
40
Increased
88
Reduced
76
Closed
32
Calls
$11M
Puts
$7.85M
Net Calls
+$3.19M
Net Calls Change
+$5.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$330M -$4.25M -71,575 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$175M +$3.6M +60,555 +2%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$170M -$252K -4,247 -0.2%
Ameriprise
4
Ameriprise
Minnesota
$136M +$3.32M +55,850 +3%
State Street
5
State Street
Massachusetts
$87.2M -$550K -9,267 -0.7%
JP Morgan Chase
6
JP Morgan Chase
New York
$86.9M -$2.07M -34,818 -2%
Victory Capital Management
7
Victory Capital Management
Texas
$86.3M +$52.6M +884,945 +189%
AllianceBernstein
8
AllianceBernstein
Tennessee
$73.3M +$4.18M +70,318 +7%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$60.9M -$2.26M -37,969 -4%
Massachusetts Financial Services
10
Massachusetts Financial Services
Massachusetts
$55.7M +$5.14M +86,522 +11%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$55.4M +$996K +16,763 +2%
GF
12
Greenhouse Funds
Maryland
$55.1M -$43.7M -735,937 -46%
KCM
13
Kennedy Capital Management
Missouri
$54M -$2.13M -35,871 -4%
Invesco
14
Invesco
Georgia
$50.9M -$7.84M -132,019 -14%
Morgan Stanley
15
Morgan Stanley
New York
$48.1M -$11.4M -191,450 -20%
Jennison Associates
16
Jennison Associates
New York
$48M +$2.85M +47,930 +7%
Federated Hermes
17
Federated Hermes
Pennsylvania
$47.2M -$1.83M -30,824 -4%
Northern Trust
18
Northern Trust
Illinois
$31.2M +$3.45M +58,047 +13%
Manulife (Manufacturers Life Insurance)
19
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$28.4M +$2.08M +34,942 +9%
Charles Schwab
20
Charles Schwab
California
$28.3M -$676K -11,377 -3%
TCM
21
TimesSquare Capital Management
New York
$28.1M +$6.5M +109,441 +33%
N
22
Nuveen
North Carolina
$28.1M -$2.48M -41,820 -9%
Arrowstreet Capital
23
Arrowstreet Capital
Massachusetts
$27.4M +$20M +336,357 +363%
Pictet Asset Management
24
Pictet Asset Management
Switzerland
$25.3M +$1.4M +23,603 +6%
Select Equity Group
25
Select Equity Group
New York
$25.1M -$3.54M -59,560 -13%

CHEF Hedge Fund Activity: Q2 2025 in Review

227 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q2 2025, worth a combined $2.48B — up 20% from $2.06B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new CHEF positions and 32 closed out — a net gain of 8 holders — while 88 added to existing stakes and 76 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $52.6M. The largest seller was Greenhouse Funds, cutting an estimated $43.7M.

  • 227 institutional investors held Chefs' Warehouse (CHEF) as of Q2 2025, up from 221 in Q1 2025.
  • Funds reported $2.48B of Chefs' Warehouse stock for Q2 2025, up 20% quarter-over-quarter.
  • 40 funds opened new Chefs' Warehouse positions in Q2 2025 and 32 closed out, a net change of +8 holders.
  • The largest Chefs' Warehouse buyer in Q2 2025 was Victory Capital Management, an estimated $52.6M added.
  • The largest Chefs' Warehouse seller in Q2 2025 was Greenhouse Funds, an estimated $43.7M sold.

Based on aggregated 13F filings for Q2 2025.