Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Cheesecake Factory Inc (CAKE)

335 + 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
↑ +7
Streak
2Q ▲
Buyers last Q
49%

Smart Money Signals — CAKE

Based on 343 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, 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
343 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 — +5% more funds vs a year ago

fund count last 6Q
+17 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 49% buying

165 buying169 selling
Last quarter: 169 funds reduced or exited vs 165 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.
➡️

Steady new buyers — ~54 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 52 → 45 → 53 → 54. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

66% of holders stayed for 2+ years

■ 66% conviction (2yr+) ■ 17% medium ■ 16% new
228 out of 343 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.
💰

Value +45% but shares only +8% — price-driven

Value
+44%
Shares
+7%
Last quarter: the total dollar value of institutional holdings rose +45%, but actual share count only changed +8%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

49 → 52 → 45 → 53 → 54 new funds/Q
New funds entering each quarter: 52 → 45 → 53 → 54. A growing number of institutions are discovering CAKE each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 71% veterans vs 19% newcomers

■ 71% veterans ■ 9% 1-2yr ■ 19% new
Entry-cohort mix of 356 holders: 254 (71%) are 2+ year veterans, 33 entered 1–2 years ago, and 69 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 67% AUM from top-100 funds

67% from top-100 AUM funds
54 of 338 holders are among the 100 largest funds by AUM, controlling 67% 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.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 Q2, 165 hedge funds were net buyers of CAKE (54 opened a new position, 111 added to an existing one), while 169 reduced or exited (122 trimmed, 47 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. Net buying has persisted for two consecutive quarters, a positive momentum signal. 67% of total institutional value in CAKE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 343.

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 Q2 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 June 30, 2026 · 81d ago
CAKE
+20.5%
XLY
-5.3%

CAKE outperformed XLY by +25.8% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 36d ago
CAKE
-15.4%
XLY
-6.1%

Since the filing became public, CAKE outperformed XLY by -9.3% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

15 top-rated funds 2 high-conviction
Consensus
5.2
/ 10
breadth
×
Elite
1.7
/ 10
conviction
Hedge Fund Positioning: CAKE
335 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 335 336 -0.3%
13F Shares 52M 52M -0.31%
Total Value $4.00B $2.80B 43.03%
New Positions 53 53 -
Increased Positions 106 98 +8
Closed Positions 49 31 +18
Reduced Positions 118 132 -14
Total Calls 9 8 12.5%
Total Puts 9 11 -18.18%
PUT/CALL Ratio 1.0 1.38 Neutral

Statistics: CAKE

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q2)

335 + 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 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Gagnon Securities LLC 3.40% 221,792 $17.6M
2 Lotus Technology Management, LP 2.30% 23,515 $1.9M
3 Hennessy Advisors Inc 1.64% 646,700 $51.4M
4 Long Road Investment Counsel, LLC 1.29% 43,920 $3.5M
5 PDT Partners, LLC 0.72% 172,778 $13.7M
6 Earnest Partners LLC 0.58% 2,012,694 $160.1M
7 Odyssean, LLC 0.51% 39,490 $3.1M
8 nVerses Capital, LLC 0.45% 3,679 $293K
9 Kayne Anderson Rudnick Investment Management LLC 0.44% 1,792,513 $142.6M
10 Palisade Capital Management, LP 0.44% 125,898 $10.0M
11 Westwood Holdings Group Inc 0.41% 689,030 $54.8M
12 White Wing Wealth Management 0.39% 9,409 $748K
13 Leeward Investments, LLC - MA 0.38% 104,039 $8.3M
14 Headlands Technologies LLC 0.36% 42,640 $3.4M
15 Numerai GP LLC 0.33% 50,946 $4.1M
16 Occudo Quantitative Strategies LP 0.32% 74,868 $6.0M
17 Aequim Alternative Investments LP 0.30% 243,875 $19.4M
18 Manatuck Hill Partners, LLC 0.26% 10,000 $795K
19 Blueshift Asset Management, LLC 0.24% 13,110 $1.0M
20 Gamco Investors, INC. Et Al 0.22% 307,500 $24.5M
21 Jeppson Wealth Management, LLC 0.21% 9,121 $725K
22 Frontier Capital Management Co LLC 0.19% 254,975 $20.3M
23 Knights of Columbus Asset Advisors LLC 0.17% 43,487 $3.5M
24 Camelot Portfolios, LLC 0.16% 2,800 $223K
25 Aquatic Capital Management LLC 0.15% 53,682 $4.3M
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 — 2 quarters in a row: For 2 consecutive quarters, 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 — 49% buying: Last quarter: 169 funds reduced or exited vs 165 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 — 67% AUM from top-100 funds: 54 of 338 holders are among the 100 largest funds by AUM, controlling 67% 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?

66% of holders stayed for 2+ years: 228 out of 343 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 Q2 hedge fund 13F filings?

As of today, CAKE has moved -15.4% since the 2026 Q2 13F filing date (August 14, 2026), compared to -6.1% for the XLY sector ETF — an outperformance of -9.3%. Since the quarter end (June 30, 2026), CAKE has gained +20.5% vs -5.3% for XLY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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