Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cheesecake Factory Inc (CAKE)

329 + Investors. Track Smart Money conviction in CAKE. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +20
Streak
1Q ▲
Buyers last Q
48%

Smart Money Signals — CAKE

Based on 333 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added CAKE than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
333 hedge funds hold CAKE right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +6% more funds vs a year ago

fund count last 6Q
+18 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 48% buying

154 buying166 selling
Last quarter: 166 funds reduced or exited vs 154 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
📈

More new buyers each quarter (+6 vs last Q)

new funds entering per quarter
Funds opening a new CAKE position: 48 → 51 → 45 → 51. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 20% medium ■ 17% new
208 out of 333 hedge funds have held CAKE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~51 new funds/quarter

67 → 48 → 51 → 45 → 51 new funds/Q
New funds entering each quarter: 48 → 51 → 45 → 51. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 70% veterans vs 22% newcomers

■ 70% veterans ■ 9% 1-2yr ■ 22% new
Entry-cohort mix of 348 holders: 243 (70%) are 2+ year veterans, 30 entered 1–2 years ago, and 75 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 48% AUM from top-100 funds

48% from top-100 AUM funds
49 of 329 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in CAKE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CAKE

In 2026 Q1, 154 hedge funds were net buyers of CAKE (51 opened a new position, 103 added to an existing one), while 166 reduced or exited (135 trimmed, 31 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 48% of total institutional value in CAKE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +20 funds (more new holders than closures). Total institutional holders: 333.

Hedge Fund Ownership: CAKE

How many hedge funds hold CAKE — quarterly history vs. share price
Quarterly hedge fund ownership of CAKE vs. share price

Market Analysis: CAKE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CAKE

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Cheesecake Factory Inc (CAKE) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much CAKE has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
CAKE
+37.9%
XLY
+6.0%

CAKE outperformed XLY by +31.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
CAKE
+26.9%
XLY
-0.9%

Since the filing became public, CAKE outperformed XLY by +27.8% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

24 top-rated funds 1 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: CAKE
329 + Investors

Track Smart Money conviction in CAKE. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 329 313 5.11%
13F Shares 52M 58M -10.51%
Total Value $2.80B $2.92B -4.37%
New Positions 49 45 +4
Increased Positions 98 99 -1
Closed Positions 33 59 -26
Reduced Positions 129 123 +6
Total Calls 8 10 -20.0%
Total Puts 11 11 -
PUT/CALL Ratio 1.38 1.1 Bearish

Statistics: CAKE

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

329 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CAKE. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CAKE holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Gagnon Securities LLC 2.84% 225,048 $12.3M
2 Hennessy Advisors Inc 1.28% 646,700 $35.4M
3 Long Road Investment Counsel, LLC 0.94% 43,920 $2.4M
4 Future Fund LLC 0.92% 47,661 $2.6M
5 Palisade Capital Management, LP 0.61% 333,629 $18.3M
6 PDT Partners, LLC 0.56% 172,778 $9.5M
7 Westwood Holdings Group Inc 0.52% 1,305,861 $71.5M
8 Odyssean, LLC 0.48% 23,770 $1.3M
9 Earnest Partners LLC 0.47% 2,088,618 $114.4M
10 44 Wealth Management LLC 0.45% 23,441 $1.3M
11 Scientech Research LLC 0.42% 9,159 $501K
12 1492 Capital Management LLC 0.42% 19,941 $1.1M
13 Engineers Gate Manager LP 0.38% 553,663 $30.3M
14 VARCOV Co. 0.36% 17,753 $972K
15 Kayne Anderson Rudnick Investment Management LLC 0.32% 1,992,075 $109.1M
16 White Wing Wealth Management 0.31% 9,335 $511K
17 Numerai GP LLC 0.30% 54,846 $3.0M
18 Leeward Investments, LLC - MA 0.29% 106,249 $5.8M
19 Aequim Alternative Investments LP 0.26% 243,875 $13.4M
20 WINTON GROUP Ltd 0.21% 108,043 $5.9M
21 Headlands Technologies LLC 0.21% 32,875 $1.8M
22 Dark Forest Capital Management LP 0.17% 34,864 $1.9M
23 Nebula Research & Development LLC 0.17% 31,533 $2.0M
24 Gamco Investors, INC. Et Al 0.17% 307,500 $16.8M
25 Bamco Inc /Ny/ 0.17% 1,000,037 $54.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Cheesecake Factory Inc (CAKE)

What does the Smart Money Trend signal show for CAKE?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added CAKE than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CAKE?

More sellers than buyers — 48% buying: Last quarter: 166 funds reduced or exited vs 154 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for CAKE holders?

Elite ownership — 48% AUM from top-100 funds: 49 of 329 holders are among the 100 largest funds by AUM, controlling 48% of total institutional value in CAKE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CAKE?

62% of holders stayed for 2+ years: 208 out of 333 hedge funds have held CAKE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Cheesecake Factory Inc (CAKE) following the 2026 Q1 hedge fund 13F filings?

As of today, CAKE has moved +26.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.9% for the XLY sector ETF — an outperformance of +27.8%. Since the quarter end (March 31, 2026), CAKE has gained +37.9% vs +6.0% for XLY. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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