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Chefs' Warehouse

252 hedge funds and large institutions have $2.24B invested in Chefs' Warehouse in 2025 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 93 increasing their positions, 82 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more call options, than puts

Call options by funds: $7.36M | Put options by funds: $2.1M

113% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 23

13% more repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 82

11% more funds holding

Funds holding: 227252 (+25)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.32% less ownership

Funds ownership: 95.44%94.12% (-1.3%)

10% less capital invested

Capital invested by funds: $2.48B → $2.24B (-$240M)

Holders
252
Holders Change
+25
Holders Change %
+11.01%
% of All Funds
3.31%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
49
Increased
93
Reduced
82
Closed
23
Calls
$7.36M
Puts
$2.1M
Net Calls
+$5.26M
Net Calls Change
+$2.07M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$303M +$1.15M +18,073 +0.3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$160M +$630K +9,890 +0.4%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$152M -$3.43M -53,812 -2%
Ameriprise
4
Ameriprise
Minnesota
$95.4M -$31.4M -493,147 -23%
Victory Capital Management
5
Victory Capital Management
Texas
$80.7M +$1.96M +30,684 +2%
State Street
6
State Street
Massachusetts
$80.4M +$731K +11,472 +0.8%
JP Morgan Chase
7
JP Morgan Chase
New York
$74M -$6.03M -94,678 -7%
AllianceBernstein
8
AllianceBernstein
Tennessee
$67M -$51.2K -804 -0.1%
Macquarie Group
9
Macquarie Group
Australia
$62M +$42.7M +670,534 +171%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$55M -$678K -10,645 -1%
Massachusetts Financial Services
11
Massachusetts Financial Services
Massachusetts
$54.3M +$3.7M +58,046 +7%
KCM
12
Kennedy Capital Management
Missouri
$53.2M +$4.18M +65,584 +8%
Invesco
13
Invesco
Georgia
$51.5M +$5.43M +85,178 +11%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$51.4M +$852K +13,362 +2%
Jennison Associates
15
Jennison Associates
New York
$43M -$968K -15,192 -2%
Morgan Stanley
16
Morgan Stanley
New York
$41.9M -$2.28M -35,763 -5%
Federated Hermes
17
Federated Hermes
Pennsylvania
$31.9M -$12.3M -192,392 -26%
TCM
18
TimesSquare Capital Management
New York
$30.6M +$5.34M +83,761 +19%
Northern Trust
19
Northern Trust
Illinois
$28.9M +$423K +6,631 +1%
Goldman Sachs
20
Goldman Sachs
New York
$27.3M +$21.6M +339,512 +263%
Arrowstreet Capital
21
Arrowstreet Capital
Massachusetts
$26.2M +$1.27M +19,863 +5%
DCM
22
Driehaus Capital Management
Illinois
$25.6M +$4.26M +66,789 +18%
Charles Schwab
23
Charles Schwab
California
$25.4M -$434K -6,803 -2%
Select Equity Group
24
Select Equity Group
New York
$25.3M +$2.58M +40,504 +10%
Pictet Asset Management
25
Pictet Asset Management
Switzerland
$23.1M -$69.7K -1,093 -0.3%

CHEF Hedge Fund Activity: Q3 2025 in Review

252 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q3 2025, worth a combined $2.24B — down 9.7% from $2.48B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new CHEF positions and 23 closed out — a net gain of 26 holders — while 93 added to existing stakes and 82 trimmed.

The largest buyer was Macquarie Group, adding an estimated $42.7M. The largest seller was Greenhouse Funds, cutting an estimated $39.3M.

  • 252 institutional investors held Chefs' Warehouse (CHEF) as of Q3 2025, up from 227 in Q2 2025.
  • Funds reported $2.24B of Chefs' Warehouse stock for Q3 2025, down 9.7% quarter-over-quarter.
  • 49 funds opened new Chefs' Warehouse positions in Q3 2025 and 23 closed out, a net change of +26 holders.
  • The largest Chefs' Warehouse buyer in Q3 2025 was Macquarie Group, an estimated $42.7M added.
  • The largest Chefs' Warehouse seller in Q3 2025 was Greenhouse Funds, an estimated $39.3M sold.

Based on aggregated 13F filings for Q3 2025.