Chefs' Warehouse
CHEF
245 hedge funds and large institutions have $2.46B invested in Chefs' Warehouse in 2025 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 100 increasing their positions, 75 reducing their positions, and 40 closing their positions.
134% more call options, than puts
Call options by funds: $817K | Put options by funds: $349K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
33% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 75
10% more capital invested
Capital invested by funds: $2.24B → $2.46B (+$222M)
2.87% more ownership
Funds ownership: 94.12% → 96.99% (+2.9%)
5% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 40
3% less funds holding
Funds holding: 252 → 245 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.3M |
| 2 |
JP Morgan Chase
New York
|
+$24.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$19.2M |
| 4 |
BlackRock
New York
|
+$15.9M |
| 5 |
Millennium Management
New York
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$62M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$46.9M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$25.6M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$17.5M |
| 5 |
Goldman Sachs
New York
|
-$13.4M |
CHEF Hedge Fund Activity: Q4 2025 in Review
245 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Chefs' Warehouse (CHEF) for Q4 2025, worth a combined $2.46B — up 9.9% from $2.24B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CHEF and 38 opened new positions — a net loss of 2 holders — while 75 trimmed existing stakes and 100 added.
The largest buyer was Fidelity Investments, adding an estimated $52.3M. The largest seller was Macquarie Group, exiting entirely with an estimated $62M sold.
- 245 institutional investors held Chefs' Warehouse (CHEF) as of Q4 2025, down from 252 in Q3 2025.
- Funds reported $2.46B of Chefs' Warehouse stock for Q4 2025, up 9.9% quarter-over-quarter.
- 38 funds opened new Chefs' Warehouse positions in Q4 2025 and 40 closed out, a net change of -2 holders.
- The largest Chefs' Warehouse buyer in Q4 2025 was Fidelity Investments, an estimated $52.3M added.
- The largest Chefs' Warehouse seller in Q4 2025 was Macquarie Group, an estimated $62M sold.
Based on aggregated 13F filings for Q4 2025.