Vault-13

CHEFS WHSE INC CHEF 2.375 12.15.28

NOTE 2.375%12/1 · US DOMESTIC · CUSIP 163086AE1

40 institutional holders -3 vs Q1 2025
8,458,3808.5m shares reported held*
$453.3mreported value*
4 new 8 added 12 reduced 7 sold out net sold ≈ $18.7m (+4.9k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $53.59.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q4 23: 23Q1 24: 40Q2 24: 38Q3 24: 40Q4 24: 41Q1 25: 43Q2 25: 4040Q4 23Q2 24Q4 24Q2 25
Numbers
QuarterHolders
Q4 202323
Q1 202440
Q2 202438
Q3 202440
Q4 202441
Q1 202543
Q2 202540

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q1 24: 26 bought or addedQ1 24: 12 cut or sold outQ1 24Q2 24: 13 bought or addedQ2 24: 15 cut or sold outQ2 24Q3 24: 15 bought or addedQ3 24: 20 cut or sold outQ3 24Q4 24: 13 bought or addedQ4 24: 18 cut or sold outQ4 24Q1 25: 19 bought or addedQ1 25: 18 cut or sold outQ1 25Q2 25: 12 bought or addedQ2 25: 19 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q1 20242612
Q2 20241315
Q3 20241520
Q4 20241318
Q1 20251918
Q2 20251219

Biggest buyers

READYSTATE ASSET MANAGEMENT LP New +8,900,000+8.9m
CAPSTONE INVESTMENT ADVISORS, LLC Added +6,200,000+6.2m
WESTWOOD HOLDINGS GROUP INC New +1,470,000+1.5m
CITADEL ADVISORS LLC Added +1,447,000+1.4m
Linden Advisors LP Added +1,012,000+1.0m
FRANKLIN RESOURCES INC Added +290,000+290.0k
Thrivent Financial for Lutherans Added +80,000+80.0k
BARCLAYS PLC New +48,000+48.0k
BlackRock, Inc. Added +25,000+25.0k
Boussard & Gavaudan Investment Management LLP Added +10,907+10.9k

Biggest sellers

Empyrean Capital Partners, LP Reduced -10,300,000-10.3m
LORD, ABBETT & CO. LLC Sold out -6,341,000-6.3m
TWO SIGMA INVESTMENTS, LP Sold out -4,000,000-4.0m
Jefferies Financial Group Inc. Sold out -3,911,000-3.9m
BANK OF MONTREAL /CAN/ Reduced -2,350,000-2.4m
ROYAL BANK OF CANADA Reduced -2,100,000-2.1m
SHENKMAN CAPITAL MANAGEMENT INC Sold out -761,000-761.0k
JPMORGAN CHASE & CO Reduced -498,000-498.0k
Universal- Beteiligungs- und Servicegesellschaft mbH Reduced -300,000-300.0k
MacKay Shields LLC Reduced -207,000-207.0k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution filed 2025-02-06 13.2% 5.3m 2025-02-06

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 37,453,00037.5m $58.5m $58.5m 0.02% Added +290.0k +290,000
2 CITADEL ADVISORS LLC 0.05% of their portfolio MIAMI, FL 35,647,00035.6m $55.7m $55.7m 0.05% Added +1.4m +1,447,000
3 MacKay Shields LLC 1.73% of their portfolio New York, NY 34,578,00034.6m $54.0m $54.0m 1.73% Reduced -207.0k -207,000
4 Linden Advisors LP 0.29% of their portfolio New York, NY 30,386,00030.4m $47.4m $47.4m 0.29% Added +1.0m +1,012,000
5 CAMDEN ASSET MANAGEMENT L P /CA 0.96% of their portfolio Los Angeles, CA 26,397,00026.4m $41.1m $41.1m 0.96% Unchanged
6 CAPSTONE INVESTMENT ADVISORS, LLC 0.27% of their portfolio NEW YORK, NY 20,200,00020.2m $31.5m $31.5m 0.27% Added +6.2m +6,200,000
7 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 13,500,00013.5m $21.1m $21.1m 0.01% Reduced -2.4m -2,350,000
8 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 11,967,00012.0m $18.6m $18.6m 0.04% Added +80.0k +80,000
9 READYSTATE ASSET MANAGEMENT LP 0.58% of their portfolio CHICAGO, IL 8,900,0008.9m $13.9m $13.9m 0.58% New
10 ABSOLUTE INVESTMENT ADVISERS, LLC 1.54% of their portfolio ROSEMARY BEACH, FL 8,000,0008.0m $12.5m $12.5m 1.54% Unchanged
11 Empyrean Capital Partners, LP 0.58% of their portfolio LOS ANGELES, CA 8,000,0008.0m $12.5m $12.5m 0.58% Reduced -10.3m -10,300,000
12 ARISTEIA CAPITAL, L.L.C. 0.27% of their portfolio GREENWICH, CT 6,000,0006.0m $9.4m $9.4m 0.27% Unchanged
13 KIM, LLC 0.89% of their portfolio WICHITA, KS 5,500,0005.5m $8.6m $8.6m 0.89% Unchanged
14 Polar Capital Holdings Plc 0.02% of their portfolio London, X0 3,000,0003.0m $4.7m $4.7m 0.02% Unchanged
15 SSI INVESTMENT MANAGEMENT LLC 0.32% of their portfolio Los Angeles, CA 2,886,0002.9m $4.5m $4.5m 0.32% Reduced -81.0k -81,000
16 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,675,0002.7m $4.2m $4.2m 0.00% Added +25.0k +25,000
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,400,0002.4m $3.7m $3.7m 0.00% Reduced -2.1m -2,100,000
18 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,223,0002.2m $3.5m $3.5m 0.00% Reduced -15.0k -15,000
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,119,0002.1m $3.3m $3.3m 0.00% Reduced -498.0k -498,000
20 Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,700,0001.7m $2.7m $2.7m 0.00% Reduced -300.0k -300,000
21 WESTWOOD HOLDINGS GROUP INC 0.01% of their portfolio DALLAS, TX 1,470,0001.5m $1.5m $1.5m 0.01% New
22 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,000,0001.0m $1.6m $1.6m 0.00% Unchanged
23 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 770,000770.0k $1.2m $1.2m 0.00% Added +6.0k +6,000
24 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 711,000711.0k $1.1m $1.1m 0.00% Unchanged
25 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 585,000585.0k $910.3k $910.3k 0.00% Reduced -32.0k -32,000
26 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 543,000543.0k $847.0k $847.0k 0.00% Unchanged
27 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 230,000230.0k $357.9k $357.9k 0.00% Unchanged
28 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 195,000195.0k $304.4k $304.4k 0.00% Unchanged
29 Amundi 0.00% of their portfolio Paris, I0 175,000175.0k $271.0k $271.0k 0.00% Unchanged
30 Central Pacific Bank - Trust Division 0.03% of their portfolio HONOLULU, HI 166,000166.0k $258.3k $258.3k 0.03% Unchanged
31 OPPENHEIMER ASSET MANAGEMENT INC. 0.00% of their portfolio NEW YORK, NY 158,000158.0k $245.8k $245.8k 0.00% Reduced -1.0k -1,000
32 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 49,00049.0k $76.2k $76.2k 0.00% Unchanged
33 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 48,00048.0k $74.9k $74.9k 0.00% New
34 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 38,00038.0k $59.5k $59.5k 0.00% Reduced -50.0k -50,000
35 Balboa Wealth Partners 0.01% of their portfolio SCOTTSDALE, AZ 26,00026.0k $40.8k $40.8k 0.01% Reduced -4.0k -4,000
36 Boussard & Gavaudan Investment Management LLP 4.27% of their portfolio London, X0 21,38021.4k $33.3m $33.3m 4.27% Added +10.9k +10,907
37 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 5,0005.0k $7.8k $7.8k 0.00% Unchanged
38 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 1,0001.0k $1.6k $1.6k 0.00% New
39 UBS Group AG 0.00% of their portfolio ZURICH, V8 670670 $1.0k $1.0k 0.00% Unchanged
40 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged